ConnectOne Bancorp (CNOB) AI Stock Analysis

• Market Cap: $1.28B
• Dividend Yield: 2.82%
• Average Volume (3M): 262.32K
• Price to Earnings (P/E): 20.6
• Beta (1Y): 0.86
• Revenue Growth: 15.55%
• EPS Growth: -28.10%
• Country: US
• Employees: 489
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.78
• Shares Outstanding: 50,273,090
• 10 Day Avg. Volume: 276,473
• 30 Day Avg. Volume: 262,320
• PEG Ratio: -0.82
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 1.64
• P/FCF Ratio: 15.41
• Enterprise Value/Market Cap: 1.82
• Enterprise Value/Revenue: 3.77
• Enterprise Value/Gross Profit: 7.89
• Enterprise Value/Ebitda: 24.26
• 1Y Price Target: $28.00
• Price Target Upside: 9.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 1.53
• Revenue Forecast (FY): $380.38M

• Rating: 67 Neutral
• Price Target: $25.00 ▼(-1.92% Downside)

ConnectOne Bancorp's overall stock score reflects a solid financial foundation and positive earnings call insights, particularly regarding growth and merger success. However, technical indicators suggest bearish momentum, and valuation metrics indicate the stock is fairly priced. The most significant strengths are the company's financial stability and strategic growth, while technical weaknesses and valuation concerns temper the overall score.

Positive Factors

Successful Merger Integration

Successful merger integration indicates strong management execution and operational efficiency, enhancing the company's market position and potential for growth.

Growth in Core Deposits and Loan Originations

Growth in deposits and loan originations strengthens the bank's revenue base and supports future income stability, reflecting effective client acquisition and retention strategies.

Improved Financial Metrics

Improved financial metrics, including increased return on assets, indicate enhanced operational efficiency and profitability, supporting long-term financial health.

Negative Factors

Declining Profitability Margins

Declining profitability margins suggest challenges in cost management and pricing power, potentially impacting long-term earnings growth and competitiveness.

Cash Flow Challenges

Declining free cash flow growth indicates potential liquidity challenges, which could constrain investment in growth initiatives and affect financial flexibility.

Reduced Return on Equity

Reduced return on equity reflects decreased efficiency in generating profits from shareholders' equity, which may affect investor confidence and capital raising ability.

ConnectOne Bancorp Business Overview & Revenue Model

Company Description

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area, and South Florida market. The company offers personal and business checking, retirement, money market, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers check cards, ATM cards, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, automated clearing house origination, mobile banking by phone, safe deposit boxes, and remote deposit capture services. It operates through a network of eight banking offices in Bergen County, five banking offices in Union County, one banking office in Morris County, one office in Essex County, one office in Hudson County, one office in Monmouth County, one banking office in Manhattan in New York City, one office in Nassau County on Long Island, one in Astoria, and five branches in the Hudson Valley, as well as one financial center in West Palm Beach in Palm Beach County. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

How the Company Makes Money

ConnectOne Bancorp generates revenue primarily through interest income from loans and investments, as well as non-interest income from fees and services. Key revenue streams include interest earned on commercial and residential loans, which form a substantial portion of their income. Additionally, the bank earns fees from various banking services, including account maintenance fees, ATM fees, and service charges. Significant partnerships with local businesses and community organizations enhance their service offerings and customer base, contributing to their earnings. The bank also engages in mortgage banking activities, which provide another source of revenue through origination fees and secondary market sales. Overall, ConnectOne Bancorp's diversified revenue model, combining interest and non-interest income, positions it well within the competitive banking industry.

ConnectOne Bancorp Financial Statement Overview

Summary

ConnectOne Bancorp demonstrates moderate financial health with stable revenue growth and a solid balance sheet. However, declining profitability margins and cash flow challenges highlight areas for improvement. The company needs to focus on enhancing cost efficiency and cash flow management to sustain growth and profitability.

Income Statement

ConnectOne Bancorp shows moderate revenue growth with a TTM revenue growth rate of 3.17%. However, profitability margins have declined over the periods, with the TTM net profit margin at 6.85%, down from 13.80% in the previous year. The gross profit margin also decreased, indicating pressure on cost management. Despite these challenges, the company maintains a positive EBIT margin of 15.08%.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.73 in the TTM period, which is manageable. However, the return on equity has decreased to 2.87%, suggesting reduced efficiency in generating profits from shareholders' equity. The equity ratio remains healthy, indicating a strong capital base.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 30.86% in the TTM period, indicating potential liquidity challenges. The operating cash flow to net income ratio is slightly above 1, suggesting adequate cash generation relative to net income. However, the free cash flow to net income ratio of 0.90 indicates some pressure on cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	619.35M	534.62M	504.07M	386.99M	316.75M	322.60M
Gross Profit	295.96M	250.26M	260.91M	297.61M	283.39M	211.39M
EBITDA	96.20M	104.12M	122.90M	176.77M	180.79M	97.19M
Net Income	61.30M	73.79M	87.00M	125.21M	130.35M	71.29M
Balance Sheet
Total Assets	14.02B	9.88B	9.86B	9.64B	8.13B	7.55B
Cash, Cash Equivalents and Short-Term Investments	1.18B	360.70M	859.88M	903.20M	800.04M	791.71M
Total Debt	1.07B	783.51M	1.03B	1.02B	633.56M	646.63M
Total Liabilities	12.49B	8.64B	8.64B	8.47B	7.01B	6.63B
Stockholders Equity	1.54B	1.24B	1.22B	1.18B	1.12B	915.31M
Cash Flow
Free Cash Flow	84.89M	56.91M	85.46M	173.48M	199.49M	78.93M
Operating Cash Flow	90.94M	60.70M	92.89M	176.78M	202.27M	81.13M
Investing Cash Flow	-202.70M	55.15M	-248.04M	-1.54B	-689.86M	-323.37M
Financing Cash Flow	407.25M	-2.08M	129.55M	1.37B	449.37M	344.51M

ConnectOne Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CNOB, the sentiment is Positive. The current price of 25.49 is above the 20-day moving average (MA) of 24.17, above the 50-day MA of 24.48, and above the 200-day MA of 23.69, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 63.91 is Neutral, neither overbought nor oversold. The STOCH value of 87.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CNOB.

ConnectOne Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QCRH	81 Outperform	$1.38B	11.47	11.80%	0.31%	-2.42%	3.83%
WABC	77 Outperform	$1.20B	10.29	13.05%	3.76%	-13.17%	-16.37%
BY	76 Outperform	$1.29B	10.02	10.78%	1.42%	1.31%	2.02%
RBCAA	74 Outperform	$1.14B	10.07	12.35%	2.68%	5.21%	24.51%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CNOB	67 Neutral	$1.28B	20.62	4.40%	2.82%	15.55%	-28.10%
TFIN	57 Neutral	$1.29B	191.08	1.11%	―	2.04%	-64.17%

ConnectOne Bancorp Corporate Events

ConnectOne Bancorp Hosts November 2025 Investor Presentation

ConnectOne Bancorp presented an investor presentation in November 2025. The presentation included various images and exhibits, but no specific details about the company’s operations, industry positioning, or implications for stakeholders were provided in the text.

The most recent analyst rating on (CNOB) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on ConnectOne Bancorp stock, see the CNOB Stock Forecast page.

ConnectOne Bancorp’s Earnings Call Highlights Growth and Optimism

ConnectOne Bancorp Inc. recently held its earnings call, revealing a positive outlook for the quarter. The company successfully integrated a merger, demonstrated strong growth in deposits and loans, and reported improved financial metrics. Despite these achievements, there were concerns about temporary factors affecting the net interest margin and potential impacts of a government shutdown on SBA loans.

ConnectOne Bancorp Reports Strong Q3 2025 Performance

ConnectOne Bancorp, Inc., a commercial bank with a focus on small to middle-market businesses, has reported its financial results for the third quarter of 2025, showcasing a significant turnaround in profitability and strategic growth following its merger with The First of Long Island Corporation (FLIC). The bank operates through its subsidiary ConnectOne Bank and fintech subsidiary BoeFly, Inc., providing a comprehensive suite of banking and lending products.

ConnectOne Bancorp to Release Q3 Results on Oct 30

On October 16, 2025, ConnectOne Bancorp, Inc. announced plans to release its third-quarter financial results for the period ending September 30, 2025, on October 30, 2025. The company will host a conference call and webcast on the same day to discuss its financial performance, led by CEO Frank Sorrentino III and CFO William S. Burns. This announcement is part of ConnectOne’s ongoing efforts to maintain transparency and engage with its stakeholders, potentially impacting investor confidence and market positioning.

The most recent analyst rating on (CNOB) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on ConnectOne Bancorp stock, see the CNOB Stock Forecast page.

ConnectOne Bancorp Unveils Strategic Initiatives in September

ConnectOne Bancorp recently held an investor presentation in September 2025, showcasing its strategic initiatives and financial performance. The presentation aimed to provide stakeholders with insights into the company’s future plans and market positioning, although specific details were not disclosed in the release.

The most recent analyst rating on (CNOB) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on ConnectOne Bancorp stock, see the CNOB Stock Forecast page.