ConnectOne Bancorp Financials

CNOB Stock  USD 26.86  0.12  0.44%   
Based on the analysis of ConnectOne Bancorp's profitability, liquidity, and operating efficiency, ConnectOne Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, ConnectOne Bancorp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.2 B, whereas Other Assets are forecasted to decline to 1.09. Key indicators impacting ConnectOne Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.220.29
Way Down
Very volatile
Return On Assets0.0070.0079
Fairly Down
Very volatile
Return On Equity0.110.0822
Significantly Up
Pretty Stable
Debt Equity Ratio1.510.97
Way Up
Very volatile
Operating Income141.2 M134.5 M
Sufficiently Up
Slightly volatile
Current Ratio24.2125.48
Notably Down
Slightly volatile
Investors should never underestimate ConnectOne Bancorp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ConnectOne Bancorp's cash flow, debt, and profitability to make informed and accurate decisions about investing in ConnectOne Bancorp.

Net Income

105.06 Million

  
Understanding current and past ConnectOne Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ConnectOne Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in ConnectOne Bancorp's assets may result in an increase in income on the income statement.
Please note, the presentation of ConnectOne Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ConnectOne Bancorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ConnectOne Bancorp's management manipulating its earnings.

ConnectOne Bancorp Stock Summary

ConnectOne Bancorp competes with Rhinebeck Bancorp, Home Bancorp, Parke Bancorp, Great Southern, and National Bank. 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. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey. Connectone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 434 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS20786W1071
CUSIP20786W107 151408101
LocationNew Jersey; U.S.A
Business Address301 Sylvan Avenue,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.connectonebank.com
Phone201 816 8900
CurrencyUSD - US Dollar

ConnectOne Bancorp Key Financial Ratios

ConnectOne Bancorp Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets7.5B8.1B9.6B9.9B11.3B11.9B
Net Debt342.9M368.0M754.0M783.5M901.0M946.0M
Retained Earnings332.0M440.2M535.9M591.0M679.6M713.6M
Cash303.8M265.5M268.3M242.7M279.1M293.1M
Other Assets6.0B6.5B7.8B1.01.151.09
Net Receivables35.3M34.2M46.1M49.1M56.5M59.3M
Total Liab646.6M633.6M8.5B8.6B9.9B10.4B
Total Current Assets827.0M834.2M949.3M291.8M335.6M318.8M
Other Current Assets339.1M299.7M314.6M291.8M335.6M318.8M
Other Current Liab6.0B6.3B7.4B(870.9M)(1.0B)(951.4M)
Short Term Debt18.0M12.4M11.4M884.0M1.0B1.1B
Other Liab27.4M26.2M38.8M87.3M100.4M105.4M
Accounts Payable4.8B6.0B6.3B7.4B8.5B8.9B
Long Term Debt202.6M621.1M1.0B1.0B1.2B1.2B
Inventory(339.1M)(299.7M)(314.6M)(9.0B)(8.1B)(7.7B)
Treasury Stock(29.4M)(30.3M)(39.7M)(52.8M)(47.5M)(45.1M)
Intangible Assets11.0M9.0M7.3M5.9M5.3M6.2M
Net Tangible Assets563.2M696.0M795.9M852.1M980.0M1.0B
Long Term Debt Total629.2M202.6M153.0M153.3M176.2M167.4M

ConnectOne Bancorp Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense70.2M38.9M71.6M235.0M270.2M283.7M
Total Revenue252.4M277.9M315.4M269.1M309.5M324.9M
Gross Profit252.4M277.9M315.4M269.1M309.5M324.9M
Operating Income90.4M175.1M242.9M117.0M134.5M141.2M
Ebit90.4M175.1M171.2M117.0M134.5M141.2M
Ebitda97.2M180.8M176.8M122.9M141.3M148.4M
Income Before Tax90.4M175.1M171.2M117.0M134.5M141.2M
Net Income71.3M130.4M125.2M87.0M100.1M105.1M
Income Tax Expense19.1M44.7M46.0M30.0M34.4M36.2M
Tax Provision19.1M44.7M46.0M36.1M41.5M28.6M
Net Interest Income236.3M261.9M300.5M267.8M308.0M219.5M
Interest Income306.6M300.8M372.1M470.1M540.6M295.1M

ConnectOne Bancorp Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash102.3M(38.2M)2.8M(25.6M)(23.0M)(21.9M)
Free Cash Flow78.9M199.5M173.5M85.5M98.3M103.2M
Depreciation6.7M5.7M5.5M5.9M6.8M7.2M
Other Non Cash Items45.8M4.7M17.8M10.8M12.4M9.4M
Dividends Paid14.3M19.2M29.5M31.9M36.7M38.6M
Capital Expenditures2.2M2.8M3.3M7.4M8.5M9.0M
Net Income71.3M130.4M125.2M87.0M100.1M105.1M
End Period Cash Flow303.8M265.5M268.3M242.7M279.1M293.1M
Investments(387.5M)(663.5M)(1.5B)(289.4M)(260.4M)(273.5M)
Change Receivables(301K)(11.5M)1.2M(11.9M)(10.7M)(10.2M)
Net Borrowings(165.2M)(123.9M)42.3M389.4M447.8M470.2M
Change To Netincome9.0M46.8M10.9M22.2M25.5M21.0M

ConnectOne Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ConnectOne Bancorp's current stock value. Our valuation model uses many indicators to compare ConnectOne Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ConnectOne Bancorp competition to find correlations between indicators driving ConnectOne Bancorp's intrinsic value. More Info.
ConnectOne Bancorp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.13  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ConnectOne Bancorp is roughly  8.00 . At present, ConnectOne Bancorp's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ConnectOne Bancorp's earnings, one of the primary drivers of an investment's value.

ConnectOne Bancorp Systematic Risk

ConnectOne Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ConnectOne Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on ConnectOne Bancorp correlated with the market. If Beta is less than 0 ConnectOne Bancorp generally moves in the opposite direction as compared to the market. If ConnectOne Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ConnectOne Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ConnectOne Bancorp is generally in the same direction as the market. If Beta > 1 ConnectOne Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ConnectOne Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ConnectOne Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ConnectOne Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.35)

At present, ConnectOne Bancorp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

ConnectOne Bancorp February 16, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ConnectOne Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ConnectOne Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ConnectOne Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing ConnectOne Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ConnectOne Bancorp's daily price indicators and compare them against related drivers.

Complementary Tools for ConnectOne Stock analysis

When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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