ConnectOne Bancorp Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 30/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 29.50.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
ConnectOne Bancorp Inc's Score
Industry at a Glance
Industry Ranking
30 / 403
Overall Ranking
74 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
29.500
Target Price
+11.53%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
ConnectOne Bancorp Inc Highlights
StrengthsRisks
ConnectOne Bancorp, Inc. is a financial services company that operates, through its subsidiary, ConnectOne Bank (the Bank) and the Bank’s fintech subsidiary, BoeFly, Inc (BoeFly). ConnectOne Bank is a commercial bank offering a full suite of banking and lending products and services that focus on small to middle-market businesses. The Bank's offices are located primarily in the New York metro market and span New Jersey, New York City, Long Island, and the Hudson Valley, including Rockland, Orange, and Westchester counties. It offers a range of deposit and loan products. It also provides a range of other banking services. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, safe deposit boxes, access to automated teller services and telephone, and others. BoeFly is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 40.37%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 40.37%.
Overvalued
The company’s latest PB is 0.95, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 37.16M shares, increasing 0.01% quarter-over-quarter.
ConnectOne Bancorp, Inc. is a financial services company that operates, through its subsidiary, ConnectOne Bank (the Bank) and the Bank’s fintech subsidiary, BoeFly, Inc (BoeFly). ConnectOne Bank is a commercial bank offering a full suite of banking and lending products and services that focus on small to middle-market businesses. The Bank's offices are located primarily in the New York metro market and span New Jersey, New York City, Long Island, and the Hudson Valley, including Rockland, Orange, and Westchester counties. It offers a range of deposit and loan products. It also provides a range of other banking services. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, safe deposit boxes, access to automated teller services and telephone, and others. BoeFly is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks.
Ticker SymbolCNOB
CompanyConnectOne Bancorp Inc
CEOSorrentino (Frank S)
Websitehttps://www.connectonebank.com/
FAQs
What is the current price of ConnectOne Bancorp Inc (CNOB)?
The current price of ConnectOne Bancorp Inc (CNOB) is 26.850.
What is the symbol of ConnectOne Bancorp Inc?
The ticker symbol of ConnectOne Bancorp Inc is CNOB.
What is the 52-week high of ConnectOne Bancorp Inc?
The 52-week high of ConnectOne Bancorp Inc is 28.470.
What is the 52-week low of ConnectOne Bancorp Inc?
The 52-week low of ConnectOne Bancorp Inc is 20.610.
What is the market capitalization of ConnectOne Bancorp Inc?
The market capitalization of ConnectOne Bancorp Inc is 1.35B.
What is the net income of ConnectOne Bancorp Inc?
The net income of ConnectOne Bancorp Inc is 67.57M.
Is ConnectOne Bancorp Inc (CNOB) currently rated as Buy, Hold, or Sell?
According to analysts, ConnectOne Bancorp Inc (CNOB) has an overall rating of Buy, with a price target of 29.500.
What is the Earnings Per Share (EPS TTM) of ConnectOne Bancorp Inc (CNOB)?
The Earnings Per Share (EPS TTM) of ConnectOne Bancorp Inc (CNOB) is 1.326.