About ConnectOne Bancorp (NASDAQ:CNOB)
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a state chartered bank that provides various commercial banking products and services. The company offers a range of deposit products, including personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, and NOW accounts. It also provides personal and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; and other personal purpose loans. In addition, the company offers insurance and annuities, and mutual funds; credit cards, wire transfers, and safe deposit boxes; access to automated teller services; and Internet banking, treasury direct, ACH origination, lockbox, mobile banking, and remote deposit capture banking services. It operates through seven banking offices in Bergen County, nine banking offices in Union County, three banking offices in Morris County, one office in Newark in Essex County, one office in West New York in Hudson County, one office in Princeton in Mercer County, and one office in Holmdel in Monmouth County, New Jersey, as well as a branch office in the borough of Manhattan in New York City. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
Industry, Sector and Symbol
Industry State commercial banks
Trailing P/E Ratio14.86
Forward P/E Ratio11.93
Sales & Book Value
Annual Sales$189.53 million
Price / Sales4.42
Cash Flow$1.8950 per share
Price / Cash13.72
Book Value$17.63 per share
Price / Book1.47
EPS (Most Recent Fiscal Year)$1.75
Net Income$43.22 million
Return on Equity11.06%
Return on Assets1.25%
ConnectOne Bancorp (NASDAQ:CNOB) Frequently Asked Questions
What is ConnectOne Bancorp's stock symbol?
ConnectOne Bancorp trades on the NASDAQ under the ticker symbol "CNOB."
How often does ConnectOne Bancorp pay dividends? What is the dividend yield for ConnectOne Bancorp?
ConnectOne Bancorp declared a quarterly dividend on Wednesday, March 28th. Shareholders of record on Monday, April 16th will be given a dividend of $0.075 per share on Tuesday, May 1st. This represents a $0.30 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Friday, April 13th. View ConnectOne Bancorp's Dividend History.
How were ConnectOne Bancorp's earnings last quarter?
ConnectOne Bancorp Inc (NASDAQ:CNOB) issued its quarterly earnings results on Thursday, April, 26th. The financial services provider reported $0.13 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.40. The financial services provider had revenue of $39.55 million for the quarter, compared to the consensus estimate of $40.64 million. ConnectOne Bancorp had a net margin of 18.04% and a return on equity of 11.06%. View ConnectOne Bancorp's Earnings History.
What price target have analysts set for CNOB?
3 brokers have issued twelve-month price objectives for ConnectOne Bancorp's stock. Their predictions range from $30.50 to $36.00. On average, they expect ConnectOne Bancorp's share price to reach $33.50 in the next year. View Analyst Ratings for ConnectOne Bancorp.
Who are some of ConnectOne Bancorp's key competitors?
Some companies that are related to ConnectOne Bancorp include South State (SSB), Columbia Banking System (COLB), Bancorpsouth Bank (BXS), International Bancshares (IBOC), Union Bankshares (UBSH), United Community Bank (UCBI), Great Western Bancorp (GWB), CVB Financial (CVBF), First Interstate BancSystem (FIBK), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB) and Ameris Bancorp (ABCB).
Who are ConnectOne Bancorp's key executives?
ConnectOne Bancorp's management team includes the folowing people:
- Mr. Frank S. Sorrentino III, Chairman, Pres & CEO (Age 56)
- Mr. William S. Burns, Exec. VP & CFO (Age 58)
- Mr. Christopher J. Ewing, Exec. VP & COO (Age 58)
- Mr. Michael J. McGrover, First Sr. VP & Chief Credit Officer
- Ms. Elizabeth Magennis, Exec. VP & Chief Lending Officer (Age 48)
Has ConnectOne Bancorp been receiving favorable news coverage?
News coverage about CNOB stock has trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ConnectOne Bancorp earned a news impact score of 0.13 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 41.45 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are ConnectOne Bancorp's major shareholders?
ConnectOne Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.50%), Dimensional Fund Advisors LP (5.40%), Banc Funds Co. LLC (2.11%), The Manufacturers Life Insurance Company (1.33%), Northern Trust Corp (1.13%) and Elizabeth Park Capital Advisors Ltd. (1.13%). Company insiders that own ConnectOne Bancorp stock include Christopher J Ewing, Elizabeth Magennis, Frank Sorrentino III, Frank W Baier, Laura Criscione, Michael W Kempner, William S Burns and William Thompson. View Institutional Ownership Trends for ConnectOne Bancorp.
Which institutional investors are selling ConnectOne Bancorp stock?
CNOB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Interval Partners LP, JPMorgan Chase & Co., Banc Funds Co. LLC, Dynamic Technology Lab Private Ltd, Citadel Advisors LLC, Guggenheim Capital LLC and BNP Paribas Arbitrage SA. Company insiders that have sold ConnectOne Bancorp company stock in the last year include Christopher J Ewing, Elizabeth Magennis, Frank Sorrentino III, Laura Criscione and William S Burns. View Insider Buying and Selling for ConnectOne Bancorp.
Which institutional investors are buying ConnectOne Bancorp stock?
CNOB stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, The Manufacturers Life Insurance Company , Dimensional Fund Advisors LP, Chicago Equity Partners LLC, Monarch Partners Asset Management LLC, Elizabeth Park Capital Advisors Ltd., Hillsdale Investment Management Inc. and Hennessy Advisors Inc.. View Insider Buying and Selling for ConnectOne Bancorp.
How do I buy shares of ConnectOne Bancorp?
Shares of CNOB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ConnectOne Bancorp's stock price today?
One share of CNOB stock can currently be purchased for approximately $26.00.
How big of a company is ConnectOne Bancorp?
ConnectOne Bancorp has a market capitalization of $836.80 million and generates $189.53 million in revenue each year. The financial services provider earns $43.22 million in net income (profit) each year or $1.75 on an earnings per share basis.
How can I contact ConnectOne Bancorp?
ConnectOne Bancorp's mailing address is 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ, 07632. The financial services provider can be reached via phone at 201-816-8900 or via email at [email protected]
MarketBeat Community Rating for ConnectOne Bancorp (CNOB)MarketBeat's community ratings are surveys of what our community members think about ConnectOne Bancorp and other stocks. Vote "Outperform" if you believe CNOB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNOB will underperform the S&P 500 over the long term. You may vote once every thirty days.