ConnectOne Historical Income Statement
CNOB Stock | USD 27.25 0.67 2.52% |
Historical analysis of ConnectOne Bancorp income statement accounts such as Interest Expense of 246.7 M, Selling General Administrative of 101.5 M or Total Revenue of 282.6 M can show how well ConnectOne Bancorp performed in making a profits. Evaluating ConnectOne Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ConnectOne Bancorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ConnectOne Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ConnectOne Bancorp is a good buy for the upcoming year.
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About ConnectOne Income Statement Analysis
ConnectOne Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ConnectOne Bancorp shareholders. The income statement also shows ConnectOne investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
ConnectOne Bancorp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts ConnectOne Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ConnectOne Bancorp minus its cost of goods sold. It is profit before ConnectOne Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ConnectOne Bancorp. It is also known as ConnectOne Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from ConnectOne Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ConnectOne Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.At present, ConnectOne Bancorp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 246.7 M, whereas Net Income From Continuing Ops is forecasted to decline to about 63.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 38.9M | 71.6M | 235.0M | 246.7M | Depreciation And Amortization | 5.7M | 5.5M | 5.9M | 6.2M |
ConnectOne Bancorp income statement Correlations
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ConnectOne Bancorp Account Relationship Matchups
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ConnectOne Bancorp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.4M | 6.8M | 5.7M | 5.5M | 5.9M | 6.2M | |
Interest Expense | 85.2M | 70.2M | 38.9M | 71.6M | 235.0M | 246.7M | |
Selling General Administrative | 55.6M | 68.8M | 73.0M | 83.6M | 96.7M | 101.5M | |
Total Revenue | 194.4M | 252.4M | 277.9M | 315.4M | 269.1M | 282.6M | |
Gross Profit | 194.4M | 252.4M | 277.9M | 315.4M | 269.1M | 282.6M | |
Other Operating Expenses | 100.3M | 162.0M | 102.8M | 1.7M | 387.1M | 406.5M | |
Operating Income | 94.0M | 90.4M | 175.1M | 242.9M | 117.0M | 122.8M | |
Ebit | 94.0M | 90.4M | 175.1M | 171.2M | 117.0M | 122.8M | |
Ebitda | 95.4M | 97.2M | 180.8M | 176.8M | 122.9M | 129.0M | |
Total Operating Expenses | (100.3M) | (162.0M) | (102.8M) | 1.7M | 269.1M | 282.6M | |
Income Before Tax | 94.0M | 90.4M | 175.1M | 171.2M | 117.0M | 122.8M | |
Total Other Income Expense Net | 94.0M | (33.8M) | (12.4M) | (15.0M) | 117.0M | 122.8M | |
Net Income | 73.4M | 71.3M | 130.4M | 125.2M | 87.0M | 91.4M | |
Income Tax Expense | 20.6M | 19.1M | 44.7M | 46.0M | 30.0M | 31.5M | |
Selling And Marketing Expenses | 1.4M | 1.2M | 1.3M | 1.7M | 2.0M | 2.1M | |
Net Income Applicable To Common Shares | 73.4M | 71.3M | 128.6M | 119.2M | 137.1M | 143.9M | |
Net Income From Continuing Ops | 73.4M | 71.3M | 130.4M | 125.2M | 100.3M | 63.2M | |
Tax Provision | 20.6M | 19.1M | 44.7M | 46.0M | 36.1M | 28.6M | |
Net Interest Income | 184.5M | 236.3M | 261.9M | 300.5M | 267.8M | 219.5M | |
Interest Income | 269.7M | 306.6M | 300.8M | 372.1M | 470.1M | 295.1M | |
Reconciled Depreciation | 4.4M | 6.7M | 2.0M | 1.7M | 5.8M | 3.2M |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.