ConnectOne Interest Expense vs Operating Income Analysis

CNOB Stock  USD 27.25  0.67  2.52%   
ConnectOne Bancorp financial indicator trend analysis is way more than just evaluating ConnectOne Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConnectOne Bancorp is a good investment. Please check the relationship between ConnectOne Bancorp Interest Expense and its Operating Income accounts. 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.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConnectOne Bancorp Interest Expense account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ConnectOne Bancorp's Interest Expense and Operating Income is 0.44. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of ConnectOne Bancorp, assuming nothing else is changed. The correlation between historical values of ConnectOne Bancorp's Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of ConnectOne Bancorp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., ConnectOne Bancorp's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from ConnectOne Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ConnectOne Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from ConnectOne Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.36, whereas Tax Provision is forecasted to decline to about 28.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense38.9M71.6M235.0M246.7M
Depreciation And Amortization5.7M5.5M5.9M6.2M

ConnectOne Bancorp fundamental ratios Correlations

0.691.00.810.870.970.90.68-0.350.960.830.950.79-0.560.670.86-0.06-0.20.770.31-0.280.970.290.930.870.9
0.690.650.410.890.550.590.50.290.840.660.530.65-0.540.740.490.620.490.50.180.450.740.470.620.590.33
1.00.650.820.850.970.910.69-0.360.950.830.950.78-0.560.640.86-0.09-0.230.750.32-0.310.970.260.920.860.91
0.810.410.820.560.730.880.83-0.330.730.780.740.91-0.420.240.6-0.2-0.290.410.58-0.430.82-0.110.770.530.76
0.870.890.850.560.80.720.54-0.020.930.660.780.68-0.560.850.740.290.150.770.140.120.880.450.750.840.65
0.970.550.970.730.80.810.61-0.510.890.760.980.65-0.540.680.9-0.24-0.380.860.17-0.430.890.350.880.930.96
0.90.590.910.880.720.810.71-0.250.880.840.820.87-0.410.440.7-0.01-0.150.530.51-0.250.920.040.820.650.78
0.680.50.690.830.540.610.71-0.220.690.770.640.8-0.360.360.44-0.05-0.160.430.53-0.180.670.010.630.520.56
-0.350.29-0.36-0.33-0.02-0.51-0.25-0.22-0.15-0.25-0.51-0.060.08-0.03-0.420.770.81-0.4-0.060.81-0.180.03-0.32-0.4-0.64
0.960.840.950.730.930.890.880.69-0.150.840.870.81-0.550.740.790.190.040.720.3-0.020.970.370.90.830.75
0.830.660.830.780.660.760.840.77-0.250.840.760.8-0.640.450.580.03-0.130.50.55-0.20.810.140.810.610.68
0.950.530.950.740.780.980.820.64-0.510.870.760.63-0.560.680.9-0.26-0.40.860.17-0.420.870.350.860.920.95
0.790.650.780.910.680.650.870.8-0.060.810.80.63-0.40.330.460.190.090.330.66-0.090.83-0.10.740.460.57
-0.56-0.54-0.56-0.42-0.56-0.54-0.41-0.360.08-0.55-0.64-0.56-0.4-0.46-0.53-0.040.07-0.48-0.060.06-0.56-0.36-0.5-0.54-0.48
0.670.740.640.240.850.680.440.36-0.030.740.450.680.33-0.460.670.230.110.89-0.210.160.620.660.560.870.51
0.860.490.860.60.740.90.70.44-0.420.790.580.90.46-0.530.67-0.23-0.380.83-0.17-0.320.820.590.80.90.89
-0.060.62-0.09-0.20.29-0.24-0.01-0.050.770.190.03-0.260.19-0.040.23-0.230.98-0.220.040.930.090.21-0.03-0.17-0.48
-0.20.49-0.23-0.290.15-0.38-0.15-0.160.810.04-0.13-0.40.090.070.11-0.380.98-0.340.020.93-0.060.1-0.17-0.31-0.6
0.770.50.750.410.770.860.530.43-0.40.720.50.860.33-0.480.890.83-0.22-0.34-0.16-0.280.660.540.650.970.79
0.310.180.320.580.140.170.510.53-0.060.30.550.170.66-0.06-0.21-0.170.040.02-0.16-0.210.33-0.710.3-0.080.18
-0.280.45-0.31-0.430.12-0.43-0.25-0.180.81-0.02-0.2-0.42-0.090.060.16-0.320.930.93-0.28-0.21-0.140.31-0.27-0.27-0.64
0.970.740.970.820.880.890.920.67-0.180.970.810.870.83-0.560.620.820.09-0.060.660.33-0.140.270.920.790.81
0.290.470.26-0.110.450.350.040.010.030.370.140.35-0.1-0.360.660.590.210.10.54-0.710.310.270.290.540.22
0.930.620.920.770.750.880.820.63-0.320.90.810.860.74-0.50.560.8-0.03-0.170.650.3-0.270.920.290.770.82
0.870.590.860.530.840.930.650.52-0.40.830.610.920.46-0.540.870.9-0.17-0.310.97-0.08-0.270.790.540.770.85
0.90.330.910.760.650.960.780.56-0.640.750.680.950.57-0.480.510.89-0.48-0.60.790.18-0.640.810.220.820.85
Click cells to compare fundamentals

ConnectOne Bancorp Account Relationship Matchups

ConnectOne Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B7.5B8.1B9.6B9.9B10.3B
Short Long Term Debt Total645.6M646.6M633.6M1.0B1.0B1.1B
Total Stockholder Equity731.2M915.3M1.1B1.2B1.2B1.3B
Property Plant And Equipment Net34.4M46.3M40.0M38.0M42.8M21.4M
Net Debt444.1M342.9M368.0M754.0M783.5M822.6M
Retained Earnings271.8M332.0M440.2M535.9M591.0M620.5M
Cash201.5M303.8M265.5M268.3M242.7M254.8M
Non Current Assets Total618.3M767.0M805.7M904.4M892.8M492.6M
Non Currrent Assets Other(618.3M)(767.0M)(805.7M)(904.4M)(892.8M)(848.1M)
Other Assets4.9B6.0B6.5B7.8B8.0B8.4B
Cash And Short Term Investments606.2M791.7M800.0M903.2M678.6M712.5M
Net Receivables20.9M35.3M34.2M46.1M49.1M51.6M
Common Stock Shares Outstanding35.3M39.6M39.9M39.5M39.0M22.8M
Liabilities And Stockholders Equity6.2B7.5B8.1B9.6B9.9B10.3B
Other Stockholder Equity(8.0M)(6.4M)(12.4M)(22.7M)(37.1M)(35.3M)
Total Liab645.6M646.6M633.6M8.5B8.6B9.1B
Property Plant And Equipment Gross34.4M46.3M40.0M38.0M86.0M90.3M
Total Current Assets627.1M827.0M834.2M949.3M970.4M1.3B
Accumulated Other Comprehensive Income(1.1M)2.8M(1.4M)(32.4M)(35.1M)(33.4M)
Other Current Assets222.4M339.1M299.7M314.6M291.8M277.2M
Non Current Liabilities Total645.6M646.6M633.6M8.5B8.6B9.1B
Other Current Liab5.3B6.0B6.3B7.4B(884.0M)(839.8M)
Total Current Liabilities16.4M18.0M12.4M11.4M884.0M1.1B
Short Term Debt16.4M18.0M12.4M11.4M884.0M928.2M
Other Liab27.4M26.2M38.8M87.3M100.4M105.4M
Accounts Payable4.8B6.0B6.3B7.4B8.5B8.9B
Long Term Debt629.2M202.6M621.1M1.0B1.0B1.1B
Treasury Stock(29.4M)(30.3M)(39.7M)(52.8M)(47.5M)(45.1M)
Intangible Assets5.5M11.0M9.0M7.3M5.9M6.2M
Property Plant Equipment19.2M30.1M40.0M27.8M32.0M20.8M
Short Term Investments404.7M488.0M534.5M634.9M617.2M410.7M
Net Tangible Assets563.2M696.0M795.9M852.1M980.0M1.0B
Retained Earnings Total Equity271.8M332.0M440.2M535.9M616.3M647.1M
Long Term Debt Total629.2M202.6M153.0M153.3M176.2M167.4M

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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.