26.3 USD
+0.08 (+0.31%)
Overall CNOB gets a fundamental rating of 4 out of 10. We evaluated CNOB against 388 industry peers in the Banks industry. CNOB may be in some trouble as it scores bad on both profitability and health. CNOB is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
CNOB had positive earnings in the past year.
In the past year CNOB had a positive cash flow from operations.
In the past 5 years CNOB has always been profitable.
In the past 5 years CNOB always reported a positive cash flow from operatings.
1.2 Ratios
CNOB's Return On Assets of 0.39% is on the low side compared to the rest of the industry. CNOB is outperformed by 82.22% of its industry peers.
CNOB's Return On Equity of 3.58% is on the low side compared to the rest of the industry. CNOB is outperformed by 82.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 3.58% | ||
| ROIC | N/A |
ROA(3y)0.91%
ROA(5y)1.05%
ROE(3y)7.4%
ROE(5y)8.27%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CNOB (16.02%) is worse than 74.23% of its industry peers.
CNOB's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for CNOB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 16.02% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-17.79%
PM growth 5Y-7.42%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CNOB does not have a ROIC to compare to the WACC, probably because it is not profitable.
CNOB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CNOB has been increased compared to 5 years ago.
The debt/assets ratio for CNOB is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CNOB is 2.38, which is a good value as it means it would take CNOB, 2.38 years of fcf income to pay off all of its debts.
CNOB's Debt to FCF ratio of 2.38 is in line compared to the rest of the industry. CNOB outperforms 43.04% of its industry peers.
CNOB has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.13, CNOB is in line with its industry, outperforming 59.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.71%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.55% over the past year.
Measured over the past years, CNOB shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.32% on average per year.
Looking at the last year, CNOB shows a very strong growth in Revenue. The Revenue has grown by 31.54%.
Measured over the past years, CNOB shows a small growth in Revenue. The Revenue has been growing by 6.33% on average per year.
EPS 1Y (TTM)29.55%
EPS 3Y-17.32%
EPS 5Y-4.32%
EPS Q2Q%62.79%
Revenue 1Y (TTM)31.54%
Revenue growth 3Y-1.77%
Revenue growth 5Y6.33%
Sales Q2Q%64.15%
3.2 Future
The Earnings Per Share is expected to grow by 26.72% on average over the next years. This is a very strong growth
CNOB is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 27.48% yearly.
EPS Next Y38.61%
EPS Next 2Y34.88%
EPS Next 3Y26.72%
EPS Next 5YN/A
Revenue Next Year46.11%
Revenue Next 2Y38.78%
Revenue Next 3Y27.48%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.54, the valuation of CNOB can be described as reasonable.
61.86% of the companies in the same industry are more expensive than CNOB, based on the Price/Earnings ratio.
CNOB is valuated cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
CNOB is valuated cheaply with a Price/Forward Earnings ratio of 7.94.
88.66% of the companies in the same industry are more expensive than CNOB, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.13. CNOB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
65.98% of the companies in the same industry are cheaper than CNOB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CNOB's earnings are expected to grow with 26.72% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y34.88%
EPS Next 3Y26.72%
5. Dividend
5.1 Amount
CNOB has a Yearly Dividend Yield of 2.67%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.74, CNOB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, CNOB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
5.2 History
On average, the dividend of CNOB grows each year by 19.08%, which is quite nice.
CNOB has been paying a dividend for at least 10 years, so it has a reliable track record.
CNOB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)19.08%
Div Incr Years6
Div Non Decr Years14
5.3 Sustainability
65.04% of the earnings are spent on dividend by CNOB. This is not a sustainable payout ratio.
The dividend of CNOB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP65.04%
EPS Next 2Y34.88%
EPS Next 3Y26.72%
NASDAQ:CNOB (1/2/2026, 12:32:33 PM)
26.3
+0.08 (+0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.9%
Inst Owner Change2.5%
Ins Owners3.41%
Ins Owner Change0.08%
Market Cap1.32B
Revenue(TTM)344.16M
Net Income(TTM)55.12M
Analysts85.45
Price Target30.8 (17.11%)
Short Float %3.38%
Short Ratio5.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
Yearly Dividend0.87
Dividend Growth(5Y)19.08%
DP65.04%
Div Incr Years6
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.38%
Min EPS beat(2)-1.24%
Max EPS beat(2)2.01%
EPS beat(4)3
Avg EPS beat(4)6.89%
Min EPS beat(4)-1.24%
Max EPS beat(4)18.1%
EPS beat(8)5
Avg EPS beat(8)3.61%
EPS beat(12)7
Avg EPS beat(12)1.35%
EPS beat(16)9
Avg EPS beat(16)0.21%
Revenue beat(2)1
Avg Revenue beat(2)-2.95%
Min Revenue beat(2)-9.25%
Max Revenue beat(2)3.36%
Revenue beat(4)1
Avg Revenue beat(4)-2.84%
Min Revenue beat(4)-9.25%
Max Revenue beat(4)3.36%
Revenue beat(8)1
Avg Revenue beat(8)-3.41%
Revenue beat(12)1
Avg Revenue beat(12)-3.79%
Revenue beat(16)5
Avg Revenue beat(16)-1.86%
PT rev (1m)2.37%
PT rev (3m)3.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.73%
EPS NY rev (1m)-0.37%
EPS NY rev (3m)-0.03%
Revenue NQ rev (1m)0.49%
Revenue NQ rev (3m)0.27%
Revenue NY rev (1m)-1.67%
Revenue NY rev (3m)-1.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 7.94 | ||
| P/S | 3.84 | ||
| P/FCF | 15.57 | ||
| P/OCF | 14.54 | ||
| P/B | 0.86 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.28
EY8.67%
EPS(NY)3.31
Fwd EY12.59%
FCF(TTM)1.69
FCFY6.42%
OCF(TTM)1.81
OCFY6.88%
SpS6.85
BVpS30.6
TBVpS25.06
PEG (NY)0.3
PEG (5Y)N/A
Graham Number39.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 3.58% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 16.02% | ||
| GM | N/A | ||
| FCFM | 24.67% |
ROA(3y)0.91%
ROA(5y)1.05%
ROE(3y)7.4%
ROE(5y)8.27%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-17.79%
PM growth 5Y-7.42%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 2.38 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 57.98% | ||
| Cap/Sales | 1.76% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 154.01% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACC14.71%
ROIC/WACCN/A
Cap/Depr(3y)83.7%
Cap/Depr(5y)66.34%
Cap/Sales(3y)1.75%
Cap/Sales(5y)1.42%
Profit Quality(3y)111.87%
Profit Quality(5y)120.48%
High Growth Momentum
Growth
EPS 1Y (TTM)29.55%
EPS 3Y-17.32%
EPS 5Y-4.32%
EPS Q2Q%62.79%
EPS Next Y38.61%
EPS Next 2Y34.88%
EPS Next 3Y26.72%
EPS Next 5YN/A
Revenue 1Y (TTM)31.54%
Revenue growth 3Y-1.77%
Revenue growth 5Y6.33%
Sales Q2Q%64.15%
Revenue Next Year46.11%
Revenue Next 2Y38.78%
Revenue Next 3Y27.48%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-40.05%
FCF growth 3Y-34.17%
FCF growth 5Y-0.79%
OCF growth 1Y-37.93%
OCF growth 3Y-33.05%
OCF growth 5Y0%
CONNECTONE BANCORP INC / CNOB FAQ
What is the ChartMill fundamental rating of CONNECTONE BANCORP INC (CNOB) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CNOB.
What is the valuation status for CNOB stock?
ChartMill assigns a valuation rating of 6 / 10 to CONNECTONE BANCORP INC (CNOB). This can be considered as Fairly Valued.
What is the profitability of CNOB stock?
CONNECTONE BANCORP INC (CNOB) has a profitability rating of 2 / 10.
Can you provide the financial health for CNOB stock?
The financial health rating of CONNECTONE BANCORP INC (CNOB) is 2 / 10.
What is the earnings growth outlook for CONNECTONE BANCORP INC?
The Earnings per Share (EPS) of CONNECTONE BANCORP INC (CNOB) is expected to grow by 38.61% in the next year.