ConnectOne Operating Income vs Income Before Tax 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 Operating Income and its Income Before Tax 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.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConnectOne Bancorp Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ConnectOne Bancorp's Operating Income and Income Before Tax is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax 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 Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ConnectOne Bancorp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., ConnectOne Bancorp's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ConnectOne Bancorp income statement and is an important metric when analyzing ConnectOne Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 Expense	38.9M	71.6M	235.0M	246.7M
Depreciation And Amortization	5.7M	5.5M	5.9M	6.2M

Interest Expense Depreciation And Amortization

ConnectOne Bancorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Common Stock Total Equity	Short Term Debt	Common Stock	Other Liab	Accounts Payable
Total Assets		0.69	1.0	0.81	0.87	0.97	0.9	0.68	-0.35	0.96	0.83	0.95	0.79	-0.56	0.67	0.86	-0.06	-0.2	0.77	0.31	-0.28	0.97	0.29	0.93	0.87	0.9
Short Long Term Debt Total	0.69		0.65	0.41	0.89	0.55	0.59	0.5	0.29	0.84	0.66	0.53	0.65	-0.54	0.74	0.49	0.62	0.49	0.5	0.18	0.45	0.74	0.47	0.62	0.59	0.33
Total Stockholder Equity	1.0	0.65		0.82	0.85	0.97	0.91	0.69	-0.36	0.95	0.83	0.95	0.78	-0.56	0.64	0.86	-0.09	-0.23	0.75	0.32	-0.31	0.97	0.26	0.92	0.86	0.91
Property Plant And Equipment Net	0.81	0.41	0.82		0.56	0.73	0.88	0.83	-0.33	0.73	0.78	0.74	0.91	-0.42	0.24	0.6	-0.2	-0.29	0.41	0.58	-0.43	0.82	-0.11	0.77	0.53	0.76
Net Debt	0.87	0.89	0.85	0.56		0.8	0.72	0.54	-0.02	0.93	0.66	0.78	0.68	-0.56	0.85	0.74	0.29	0.15	0.77	0.14	0.12	0.88	0.45	0.75	0.84	0.65
Retained Earnings	0.97	0.55	0.97	0.73	0.8		0.81	0.61	-0.51	0.89	0.76	0.98	0.65	-0.54	0.68	0.9	-0.24	-0.38	0.86	0.17	-0.43	0.89	0.35	0.88	0.93	0.96
Cash	0.9	0.59	0.91	0.88	0.72	0.81		0.71	-0.25	0.88	0.84	0.82	0.87	-0.41	0.44	0.7	-0.01	-0.15	0.53	0.51	-0.25	0.92	0.04	0.82	0.65	0.78
Non Current Assets Total	0.68	0.5	0.69	0.83	0.54	0.61	0.71		-0.22	0.69	0.77	0.64	0.8	-0.36	0.36	0.44	-0.05	-0.16	0.43	0.53	-0.18	0.67	0.01	0.63	0.52	0.56
Non Currrent Assets Other	-0.35	0.29	-0.36	-0.33	-0.02	-0.51	-0.25	-0.22		-0.15	-0.25	-0.51	-0.06	0.08	-0.03	-0.42	0.77	0.81	-0.4	-0.06	0.81	-0.18	0.03	-0.32	-0.4	-0.64
Other Assets	0.96	0.84	0.95	0.73	0.93	0.89	0.88	0.69	-0.15		0.84	0.87	0.81	-0.55	0.74	0.79	0.19	0.04	0.72	0.3	-0.02	0.97	0.37	0.9	0.83	0.75
Cash And Short Term Investments	0.83	0.66	0.83	0.78	0.66	0.76	0.84	0.77	-0.25	0.84		0.76	0.8	-0.64	0.45	0.58	0.03	-0.13	0.5	0.55	-0.2	0.81	0.14	0.81	0.61	0.68
Net Receivables	0.95	0.53	0.95	0.74	0.78	0.98	0.82	0.64	-0.51	0.87	0.76		0.63	-0.56	0.68	0.9	-0.26	-0.4	0.86	0.17	-0.42	0.87	0.35	0.86	0.92	0.95
Common Stock Shares Outstanding	0.79	0.65	0.78	0.91	0.68	0.65	0.87	0.8	-0.06	0.81	0.8	0.63		-0.4	0.33	0.46	0.19	0.09	0.33	0.66	-0.09	0.83	-0.1	0.74	0.46	0.57
Other Stockholder Equity	-0.56	-0.54	-0.56	-0.42	-0.56	-0.54	-0.41	-0.36	0.08	-0.55	-0.64	-0.56	-0.4		-0.46	-0.53	-0.04	0.07	-0.48	-0.06	0.06	-0.56	-0.36	-0.5	-0.54	-0.48
Total Liab	0.67	0.74	0.64	0.24	0.85	0.68	0.44	0.36	-0.03	0.74	0.45	0.68	0.33	-0.46		0.67	0.23	0.11	0.89	-0.21	0.16	0.62	0.66	0.56	0.87	0.51
Property Plant And Equipment Gross	0.86	0.49	0.86	0.6	0.74	0.9	0.7	0.44	-0.42	0.79	0.58	0.9	0.46	-0.53	0.67		-0.23	-0.38	0.83	-0.17	-0.32	0.82	0.59	0.8	0.9	0.89
Total Current Assets	-0.06	0.62	-0.09	-0.2	0.29	-0.24	-0.01	-0.05	0.77	0.19	0.03	-0.26	0.19	-0.04	0.23	-0.23		0.98	-0.22	0.04	0.93	0.09	0.21	-0.03	-0.17	-0.48
Other Current Assets	-0.2	0.49	-0.23	-0.29	0.15	-0.38	-0.15	-0.16	0.81	0.04	-0.13	-0.4	0.09	0.07	0.11	-0.38	0.98		-0.34	0.02	0.93	-0.06	0.1	-0.17	-0.31	-0.6
Non Current Liabilities Total	0.77	0.5	0.75	0.41	0.77	0.86	0.53	0.43	-0.4	0.72	0.5	0.86	0.33	-0.48	0.89	0.83	-0.22	-0.34		-0.16	-0.28	0.66	0.54	0.65	0.97	0.79
Other Current Liab	0.31	0.18	0.32	0.58	0.14	0.17	0.51	0.53	-0.06	0.3	0.55	0.17	0.66	-0.06	-0.21	-0.17	0.04	0.02	-0.16		-0.21	0.33	-0.71	0.3	-0.08	0.18
Total Current Liabilities	-0.28	0.45	-0.31	-0.43	0.12	-0.43	-0.25	-0.18	0.81	-0.02	-0.2	-0.42	-0.09	0.06	0.16	-0.32	0.93	0.93	-0.28	-0.21		-0.14	0.31	-0.27	-0.27	-0.64
Common Stock Total Equity	0.97	0.74	0.97	0.82	0.88	0.89	0.92	0.67	-0.18	0.97	0.81	0.87	0.83	-0.56	0.62	0.82	0.09	-0.06	0.66	0.33	-0.14		0.27	0.92	0.79	0.81
Short Term Debt	0.29	0.47	0.26	-0.11	0.45	0.35	0.04	0.01	0.03	0.37	0.14	0.35	-0.1	-0.36	0.66	0.59	0.21	0.1	0.54	-0.71	0.31	0.27		0.29	0.54	0.22
Common Stock	0.93	0.62	0.92	0.77	0.75	0.88	0.82	0.63	-0.32	0.9	0.81	0.86	0.74	-0.5	0.56	0.8	-0.03	-0.17	0.65	0.3	-0.27	0.92	0.29		0.77	0.82
Other Liab	0.87	0.59	0.86	0.53	0.84	0.93	0.65	0.52	-0.4	0.83	0.61	0.92	0.46	-0.54	0.87	0.9	-0.17	-0.31	0.97	-0.08	-0.27	0.79	0.54	0.77		0.85
Accounts Payable	0.9	0.33	0.91	0.76	0.65	0.96	0.78	0.56	-0.64	0.75	0.68	0.95	0.57	-0.48	0.51	0.89	-0.48	-0.6	0.79	0.18	-0.64	0.81	0.22	0.82	0.85

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ConnectOne Bancorp Account Relationship Matchups

ConnectOne Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2B	7.5B	8.1B	9.6B	9.9B	10.3B
Short Long Term Debt Total	645.6M	646.6M	633.6M	1.0B	1.0B	1.1B
Total Stockholder Equity	731.2M	915.3M	1.1B	1.2B	1.2B	1.3B
Property Plant And Equipment Net	34.4M	46.3M	40.0M	38.0M	42.8M	21.4M
Net Debt	444.1M	342.9M	368.0M	754.0M	783.5M	822.6M
Retained Earnings	271.8M	332.0M	440.2M	535.9M	591.0M	620.5M
Cash	201.5M	303.8M	265.5M	268.3M	242.7M	254.8M
Non Current Assets Total	618.3M	767.0M	805.7M	904.4M	892.8M	492.6M
Non Currrent Assets Other	(618.3M)	(767.0M)	(805.7M)	(904.4M)	(892.8M)	(848.1M)
Other Assets	4.9B	6.0B	6.5B	7.8B	8.0B	8.4B
Cash And Short Term Investments	606.2M	791.7M	800.0M	903.2M	678.6M	712.5M
Net Receivables	20.9M	35.3M	34.2M	46.1M	49.1M	51.6M
Common Stock Shares Outstanding	35.3M	39.6M	39.9M	39.5M	39.0M	22.8M
Liabilities And Stockholders Equity	6.2B	7.5B	8.1B	9.6B	9.9B	10.3B
Other Stockholder Equity	(8.0M)	(6.4M)	(12.4M)	(22.7M)	(37.1M)	(35.3M)
Total Liab	645.6M	646.6M	633.6M	8.5B	8.6B	9.1B
Property Plant And Equipment Gross	34.4M	46.3M	40.0M	38.0M	86.0M	90.3M
Total Current Assets	627.1M	827.0M	834.2M	949.3M	970.4M	1.3B
Accumulated Other Comprehensive Income	(1.1M)	2.8M	(1.4M)	(32.4M)	(35.1M)	(33.4M)
Other Current Assets	222.4M	339.1M	299.7M	314.6M	291.8M	277.2M
Non Current Liabilities Total	645.6M	646.6M	633.6M	8.5B	8.6B	9.1B
Other Current Liab	5.3B	6.0B	6.3B	7.4B	(884.0M)	(839.8M)
Total Current Liabilities	16.4M	18.0M	12.4M	11.4M	884.0M	1.1B
Short Term Debt	16.4M	18.0M	12.4M	11.4M	884.0M	928.2M
Other Liab	27.4M	26.2M	38.8M	87.3M	100.4M	105.4M
Accounts Payable	4.8B	6.0B	6.3B	7.4B	8.5B	8.9B
Long Term Debt	629.2M	202.6M	621.1M	1.0B	1.0B	1.1B
Treasury Stock	(29.4M)	(30.3M)	(39.7M)	(52.8M)	(47.5M)	(45.1M)
Intangible Assets	5.5M	11.0M	9.0M	7.3M	5.9M	6.2M
Property Plant Equipment	19.2M	30.1M	40.0M	27.8M	32.0M	20.8M
Short Term Investments	404.7M	488.0M	534.5M	634.9M	617.2M	410.7M
Net Tangible Assets	563.2M	696.0M	795.9M	852.1M	980.0M	1.0B
Retained Earnings Total Equity	271.8M	332.0M	440.2M	535.9M	616.3M	647.1M
Long Term Debt Total	629.2M	202.6M	153.0M	153.3M	176.2M	167.4M

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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:

How To Invest In ConnectOne

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Is ConnectOne Stock a good investment?

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What is ConnectOne Bancorp's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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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 Global Correlations module to find global opportunities by holding instruments from different markets.

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.

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ConnectOne Operating Income vs Income Before Tax Analysis

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Operating Income

Income Before Tax

ConnectOne Bancorp fundamental ratios Correlations

ConnectOne Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ConnectOne Bancorp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Receivables	+ 0.98	Retained Earnings
Other Current Assets	+ 0.98	Total Current Assets
Retained Earnings	+ 0.97	Total Assets
Common Stock Total Equity	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity

Short Term Debt	- 0.71	Other Current Liab
Accounts Payable	- 0.64	Total Current Liabilities
Other Stockholder Equity	- 0.64	Cash And Short Term Investments
Accounts Payable	- 0.64	Non Currrent Assets Other
Accounts Payable	- 0.6	Other Current Assets
Common Stock Total Equity	- 0.56	Other Stockholder Equity