ConnectOne Return On Tangible Assets from 2010 to 2024

CNOB Stock  USD 28.66  0.83  2.98%   
ConnectOne Bancorp's Return On Tangible Assets are increasing over the years with very volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.01. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.00902394
Current Value
0.007105
Quarterly Volatility
0.002706
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ConnectOne Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConnectOne Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 M, Interest Expense of 246.7 M or Selling General Administrative of 101.5 M, as well as many indicators such as Price To Sales Ratio of 5.02, Dividend Yield of 0.0263 or PTB Ratio of 0.75. ConnectOne financial statements analysis is a perfect complement when working with ConnectOne Bancorp Valuation or Volatility modules.
  
Check out the analysis of ConnectOne Bancorp Correlation against competitors.
For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.

Latest ConnectOne Bancorp's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of ConnectOne Bancorp over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. ConnectOne Bancorp's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ConnectOne Bancorp's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

ConnectOne Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation26.07
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000732
Range0.0108
R-Value0.08
Mean Square Error0.00000783
R-Squared0.01
Significance0.77
Slope0.000049
Total Sum of Squares0.0001

ConnectOne Return On Tangible Assets History

2024 0.007105
2023 0.009024
2022 0.0133
2021 0.0165
2020 0.009728
2019 0.0122
2018 0.0114

About ConnectOne Bancorp Financial Statements

ConnectOne Bancorp stakeholders use historical fundamental indicators, such as ConnectOne Bancorp's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although ConnectOne Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in ConnectOne Bancorp's assets and liabilities are reflected in the revenues and expenses on ConnectOne Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ConnectOne Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ConnectOne Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConnectOne Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connectone Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connectone Bancorp Stock:
Check out the analysis of ConnectOne Bancorp Correlation against competitors.
For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectOne Bancorp. If investors know ConnectOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.71
Earnings Share
1.73
Revenue Per Share
6.488
Quarterly Revenue Growth
(0.04)
The market value of ConnectOne Bancorp is measured differently than its book value, which is the value of ConnectOne that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ConnectOne Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectOne Bancorp's market value can be influenced by many factors that don't directly affect ConnectOne Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectOne Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.