ConnectOne Bancorp, Inc. (CNOB) Stock

ConnectOne Bancorp, Inc. (CNOB) is a Financials stock trading at $32.24 (as of 2026-08-20), with a market capitalization of $1.62B and a trailing P/E of 10.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

ConnectOne Bancorp, Inc. is the holding company for ConnectOne Bank, providing commercial banking products and services to small and mid-sized businesses, local professionals, and individuals in Northern New Jersey and New York Metropolitan areas and South Florida. It offers deposit accounts and lending, along with services such as online and mobile banking, cards, wire transfers, ATMs, and remote deposit capture.

Understand ConnectOne Bancorp, Inc.: how it makes money

ConnectOne Bancorp operates a bank that offers deposit accounts and consumer and commercial loans (including lines of credit and mortgages), earning through its commercial banking products and lending services.

The profit engine is structurally the mix of deposit and savings products (checking, retirement, money market, time and savings) versus loan products (consumer and commercial loans, revolving lines of credit, commercial mortgage loans, and residential mortgages).

Business quality (Strong): Latest quarter shows revenue of 0.2B and operating margin of 28.5%, but no official reportable segment breakdown is provided, and the only operating KPI listed is BoFly Revenue (0.0).

Valuation: At 18× earnings, CNOB trades 39% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Product mix across deposits and lending: The company offers multiple deposit account types (checking, retirement, money market, time and savings) and a range of loans (consumer and commercial, revolving lines of credit, and mortgages).
  • Clear customer focus: It targets small and mid-sized businesses, local professionals, and individuals in Northern New Jersey and the New York Metropolitan area, and South Florida.

Bear case

  • Operating KPI coverage is limited in the provided data: BoFly Revenue is the only operating KPI candidate provided, and it is 0.0 in the latest data.
  • No clean segment revenue breakdown provided: The input data does not include official reportable segments with revenue allocations, limiting how precisely investors can attribute performance to specific banking lines.
Valuation — source: SEC EDGAR (first-party)
Price$32.24
Market Cap$1.62B
P/E Ratio10.1
EV / EBITDA5.5
Price / Book1.00
Price / Sales2.16
FCF Yield7.9%
DCF Value (model)$20.17
DCF Upside vs Price-37.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$644.87M
Net Margin12.5%
Revenue Growth (YoY)32.1%
EPS Growth (YoY)-253.8%
FCF Growth (YoY)427.0%
Valuation vs Sector & Industry
Stock P/E10.1
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-33.0%
vs Industry-21.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($124.57M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOFrank S. Sorrentino
Employees489
CountryUS
IPO Date1994-04-04

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CNOB earnings history · CNOB institutional & insider holders · CNOB KPIs & operating metrics · CNOB financials · CNOB investor presentations & press releases · CNOB SEC filings · CNOB peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.