CONNECTONE BANCORP INC (CNOB) Fundamental Analysis & Valuation

NASDAQ:CNOB • US20786W1071

25.71 USD
+0.07 (+0.27%)
At close: Mar 9, 2026
25.71 USD
0 (0%)
After Hours: 3/9/2026, 4:30:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CNOB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, CNOB scores 4 out of 10 in our fundamental rating. CNOB was compared to 381 industry peers in the Banks industry. CNOB may be in some trouble as it scores bad on both profitability and health. CNOB is not overvalued while it is showing excellent growth. This is an interesting combination. Finally CNOB also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

2

1. CNOB Profitability Analysis

1.1 Basic Checks

  • CNOB had positive earnings in the past year.
  • CNOB had a positive operating cash flow in the past year.
  • In the past 5 years CNOB has always been profitable.
  • Each year in the past 5 years CNOB had a positive operating cash flow.
CNOB Yearly Net Income VS EBIT VS OCF VS FCFCNOB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

1.2 Ratios

  • CNOB's Return On Assets of 0.53% is on the low side compared to the rest of the industry. CNOB is outperformed by 78.74% of its industry peers.
  • CNOB has a worse Return On Equity (4.72%) than 81.63% of its industry peers.
Industry RankSector Rank
ROA 0.53%
ROE 4.72%
ROIC N/A
ROA(3y)0.68%
ROA(5y)0.97%
ROE(3y)5.6%
ROE(5y)7.66%
ROIC(3y)N/A
ROIC(5y)N/A
CNOB Yearly ROA, ROE, ROICCNOB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • The Profit Margin of CNOB (19.12%) is worse than 72.70% of its industry peers.
  • In the last couple of years the Profit Margin of CNOB has declined.
  • CNOB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 19.12%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-20.33%
PM growth 5Y-7.41%
GM growth 3YN/A
GM growth 5YN/A
CNOB Yearly Profit, Operating, Gross MarginsCNOB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. CNOB Health Analysis

2.1 Basic Checks

  • CNOB does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for CNOB has been increased compared to 1 year ago.
  • Compared to 5 years ago, CNOB has more shares outstanding
  • The debt/assets ratio for CNOB is higher compared to a year ago.
CNOB Yearly Shares OutstandingCNOB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
CNOB Yearly Total Debt VS Total AssetsCNOB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

2.2 Solvency

  • CNOB has a debt to FCF ratio of 2.00. This is a very positive value and a sign of high solvency as it would only need 2.00 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.00, CNOB is in line with its industry, outperforming 49.34% of the companies in the same industry.
  • A Debt/Equity ratio of 0.13 indicates that CNOB is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.13, CNOB perfoms like the industry average, outperforming 59.84% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 2
Altman-Z N/A
ROIC/WACCN/A
WACC14.73%
CNOB Yearly LT Debt VS Equity VS FCFCNOB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
CNOB Yearly Current Assets VS Current LiabilitesCNOB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. CNOB Growth Analysis

3.1 Past

  • CNOB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.31%, which is quite impressive.
  • Measured over the past 5 years, CNOB shows a small growth in Earnings Per Share. The EPS has been growing by 4.09% on average per year.
  • Looking at the last year, CNOB shows a very strong growth in Revenue. The Revenue has grown by 47.05%.
  • Measured over the past years, CNOB shows a quite strong growth in Revenue. The Revenue has been growing by 9.00% on average per year.
EPS 1Y (TTM)42.31%
EPS 3Y-4.99%
EPS 5Y4.09%
EPS Q2Q%59.62%
Revenue 1Y (TTM)47.05%
Revenue growth 3Y7.19%
Revenue growth 5Y9%
Sales Q2Q%64.72%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.57% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 18.02% on average over the next years. This is quite good.
EPS Next Y26.68%
EPS Next 2Y18.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year29.84%
Revenue Next 2Y18.02%
Revenue Next 3YN/A
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.
CNOB Yearly Revenue VS EstimatesCNOB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M 500M
CNOB Yearly EPS VS EstimatesCNOB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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Find the best growth stocksShow best growing peers

6

4. CNOB Valuation Analysis

4.1 Price/Earnings Ratio

  • CNOB is valuated reasonably with a Price/Earnings ratio of 9.93.
  • 78.22% of the companies in the same industry are more expensive than CNOB, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.46. CNOB is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 7.84 indicates a rather cheap valuation of CNOB.
  • Based on the Price/Forward Earnings ratio, CNOB is valued cheaper than 89.24% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.65, CNOB is valued rather cheaply.
Industry RankSector Rank
PE 9.93
Fwd PE 7.84
CNOB Price Earnings VS Forward Price EarningsCNOB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • CNOB's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 12.8
EV/EBITDA N/A
CNOB Per share dataCNOB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • CNOB's 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 18.57% in the coming years.
PEG (NY)0.37
PEG (5Y)2.43
EPS Next 2Y18.57%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. CNOB Dividend Analysis

5.1 Amount

  • CNOB has a Yearly Dividend Yield of 2.77%. Purely for dividend investing, there may be better candidates out there.
  • CNOB's Dividend Yield is comparable with the industry average which is at 2.86.
  • Compared to an average S&P500 Dividend Yield of 1.82, CNOB pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.77%

5.2 History

  • On average, the dividend of CNOB grows each year by 17.56%, which is quite nice.
  • CNOB has paid a dividend for at least 10 years, which is a reliable track record.
  • CNOB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.56%
Div Incr Years6
Div Non Decr Years14
CNOB Yearly Dividends per shareCNOB Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • 51.18% of the earnings are spent on dividend by CNOB. This is a bit on the high side, but may be sustainable.
  • The dividend of CNOB is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP51.18%
EPS Next 2Y18.57%
EPS Next 3YN/A
CNOB Yearly Income VS Free CF VS DividendCNOB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
CNOB Dividend Payout.CNOB Dividend Payout, showing the Payout Ratio.CNOB Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CNOB Fundamentals: All Metrics, Ratios and Statistics

CONNECTONE BANCORP INC

NASDAQ:CNOB (3/9/2026, 4:30:01 PM)

After market: 25.71 0 (0%)

25.71

+0.07 (+0.27%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners75.26%
Inst Owner Change3.07%
Ins Owners3.42%
Ins Owner Change0%
Market Cap1.29B
Revenue(TTM)388.32M
Net Income(TTM)74.23M
Analysts85.45
Price Target32.33 (25.75%)
Short Float %3.39%
Short Ratio5.66
Dividend
Industry RankSector Rank
Dividend Yield 2.77%
Yearly Dividend0.86
Dividend Growth(5Y)17.56%
DP51.18%
Div Incr Years6
Div Non Decr Years14
Ex-Date02-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.89%
Min EPS beat(2)2.01%
Max EPS beat(2)11.78%
EPS beat(4)3
Avg EPS beat(4)5.31%
Min EPS beat(4)-1.24%
Max EPS beat(4)11.78%
EPS beat(8)5
Avg EPS beat(8)5.06%
EPS beat(12)8
Avg EPS beat(12)2.84%
EPS beat(16)9
Avg EPS beat(16)0.85%
Revenue beat(2)0
Avg Revenue beat(2)-7.14%
Min Revenue beat(2)-9.25%
Max Revenue beat(2)-5.03%
Revenue beat(4)1
Avg Revenue beat(4)-3.91%
Min Revenue beat(4)-9.25%
Max Revenue beat(4)3.36%
Revenue beat(8)1
Avg Revenue beat(8)-3.56%
Revenue beat(12)1
Avg Revenue beat(12)-4.16%
Revenue beat(16)4
Avg Revenue beat(16)-2.41%
PT rev (1m)0%
PT rev (3m)7.46%
EPS NQ rev (1m)-2.09%
EPS NQ rev (3m)-3.01%
EPS NY rev (1m)-0.83%
EPS NY rev (3m)-0.91%
Revenue NQ rev (1m)0.95%
Revenue NQ rev (3m)0.41%
Revenue NY rev (1m)0.92%
Revenue NY rev (3m)-0.07%
Valuation
Industry RankSector Rank
PE 9.93
Fwd PE 7.84
P/S 3.33
P/FCF 12.8
P/OCF 12.15
P/B 0.82
P/tB 1
EV/EBITDA N/A
EPS(TTM)2.59
EY10.07%
EPS(NY)3.28
Fwd EY12.76%
FCF(TTM)2.01
FCFY7.82%
OCF(TTM)2.12
OCFY8.23%
SpS7.72
BVpS31.3
TBVpS25.72
PEG (NY)0.37
PEG (5Y)2.43
Graham Number42.71
Profitability
Industry RankSector Rank
ROA 0.53%
ROE 4.72%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 19.12%
GM N/A
FCFM 26.01%
ROA(3y)0.68%
ROA(5y)0.97%
ROE(3y)5.6%
ROE(5y)7.66%
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-20.33%
PM growth 5Y-7.41%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 2
Debt/EBITDA N/A
Cap/Depr 38.47%
Cap/Sales 1.39%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 136.07%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score4
WACC14.73%
ROIC/WACCN/A
Cap/Depr(3y)76.88%
Cap/Depr(5y)67.57%
Cap/Sales(3y)1.86%
Cap/Sales(5y)1.53%
Profit Quality(3y)108.71%
Profit Quality(5y)125.43%
High Growth Momentum
Growth
EPS 1Y (TTM)42.31%
EPS 3Y-4.99%
EPS 5Y4.09%
EPS Q2Q%59.62%
EPS Next Y26.68%
EPS Next 2Y18.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)47.05%
Revenue growth 3Y7.19%
Revenue growth 5Y9%
Sales Q2Q%64.72%
Revenue Next Year29.84%
Revenue Next 2Y18.02%
Revenue Next 3YN/A
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 1Y77.5%
FCF growth 3Y-16.5%
FCF growth 5Y5.06%
OCF growth 1Y75.29%
OCF growth 3Y-15.57%
OCF growth 5Y5.58%

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 26.68% in the next year.