CONNECTONE BANCORP INC (CNOB) Stock Fundamental Analysis
USA - NASDAQ:CNOB - US20786W1071 - Common Stock
25.25 USD
+0.16 (+0.64%)
We assign a fundamental rating of 4 out of 10 to CNOB. CNOB was compared to 392 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.
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.
1.2 Ratios
CNOB's Return On Assets of 0.23% is on the low side compared to the rest of the industry. CNOB is outperformed by 85.46% of its industry peers.
CNOB has a worse Return On Equity (2.09%) than 85.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 2.09% | ||
| 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
Looking at the Profit Margin, with a value of 10.87%, CNOB is doing worse than 80.87% of the companies in the same industry.
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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 10.87% | ||
| 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.
The number of shares outstanding for CNOB has been reduced compared to 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 7.82, which is on the high side as it means it would take CNOB, 7.82 years of fcf income to pay off all of its debts.
CNOB has a worse Debt to FCF ratio (7.82) than 73.98% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that CNOB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.18, CNOB is in line with its industry, outperforming 46.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 7.82 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.03%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CNOB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.24%, which is quite good.
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.
The Revenue has grown by 10.09% in the past year. This is quite good.
CNOB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.33% yearly.
EPS 1Y (TTM)9.24%
EPS 3Y-17.32%
EPS 5Y-4.32%
EPS Q2Q%19.57%
Revenue 1Y (TTM)10.09%
Revenue growth 3Y-1.77%
Revenue growth 5Y6.33%
Sales Q2Q%28.39%
3.2 Future
Based on estimates for the next years, CNOB will show a very strong growth in Earnings Per Share. The EPS will grow by 33.89% on average per year.
The Revenue is expected to grow by 38.34% on average over the next years. This is a very strong growth
EPS Next Y37.63%
EPS Next 2Y33.89%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year48.89%
Revenue Next 2Y38.34%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 12.56 indicates a correct valuation of CNOB.
CNOB's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CNOB to the average of the S&P500 Index (27.20), we can say CNOB is valued rather cheaply.
CNOB is valuated cheaply with a Price/Forward Earnings ratio of 7.74.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CNOB indicates a rather cheap valuation: CNOB is cheaper than 88.52% of the companies listed in the same industry.
CNOB is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.56 | ||
| Fwd PE | 7.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CNOB indicates a slightly more expensive valuation: CNOB is more expensive than 78.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.89 | ||
| 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 33.89% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y33.89%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.86%, CNOB has a reasonable but not impressive dividend return.
CNOB's Dividend Yield is comparable with the industry average which is at 3.73.
CNOB's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
The dividend of CNOB is nicely growing with an annual growth rate of 19.08%!
CNOB has paid a dividend for at least 10 years, which is 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
CNOB pays out 107.52% of its income as dividend. This is not a sustainable payout ratio.
CNOB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP107.52%
EPS Next 2Y33.89%
EPS Next 3YN/A
NASDAQ:CNOB (9/18/2025, 9:40:13 AM)
25.25
+0.16 (+0.64%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners57.38%
Inst Owner Change21.28%
Ins Owners3.41%
Ins Owner Change5.49%
Market Cap1.27B
Analysts86
Price Target29.71 (17.66%)
Short Float %1.51%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Yearly Dividend0.87
Dividend Growth(5Y)19.08%
DP107.52%
Div Incr Years6
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.73%
Min EPS beat(2)-1.24%
Max EPS beat(2)8.7%
EPS beat(4)2
Avg EPS beat(4)5.27%
Min EPS beat(4)-4.46%
Max EPS beat(4)18.1%
EPS beat(8)5
Avg EPS beat(8)3.41%
EPS beat(12)6
Avg EPS beat(12)0.11%
EPS beat(16)9
Avg EPS beat(16)0.61%
Revenue beat(2)1
Avg Revenue beat(2)-0.68%
Min Revenue beat(2)-4.71%
Max Revenue beat(2)3.36%
Revenue beat(4)1
Avg Revenue beat(4)-2.05%
Min Revenue beat(4)-6.06%
Max Revenue beat(4)3.36%
Revenue beat(8)1
Avg Revenue beat(8)-2.72%
Revenue beat(12)2
Avg Revenue beat(12)-2.76%
Revenue beat(16)6
Avg Revenue beat(16)-0.68%
PT rev (1m)0%
PT rev (3m)1.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.97%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.37%
Revenue NY rev (1m)2.8%
Revenue NY rev (3m)2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.56 | ||
| Fwd PE | 7.74 | ||
| P/S | 4.4 | ||
| P/FCF | 35.89 | ||
| P/OCF | 32.36 | ||
| P/B | 0.85 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.01
EY7.96%
EPS(NY)3.26
Fwd EY12.92%
FCF(TTM)0.7
FCFY2.79%
OCF(TTM)0.78
OCFY3.09%
SpS5.74
BVpS29.77
TBVpS24.16
PEG (NY)0.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 2.09% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 10.87% | ||
| GM | N/A | ||
| FCFM | 12.27% |
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
ROICexcg growth 3YN/A
ROICexcg 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 | 0.18 | ||
| Debt/FCF | 7.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 56.92% | ||
| Cap/Sales | 1.34% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 112.82% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACC15.03%
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)9.24%
EPS 3Y-17.32%
EPS 5Y-4.32%
EPS Q2Q%19.57%
EPS Next Y37.63%
EPS Next 2Y33.89%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.09%
Revenue growth 3Y-1.77%
Revenue growth 5Y6.33%
Sales Q2Q%28.39%
Revenue Next Year48.89%
Revenue Next 2Y38.34%
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 1Y-74.35%
FCF growth 3Y-34.17%
FCF growth 5Y-0.79%
OCF growth 1Y-72.64%
OCF growth 3Y-33.05%
OCF growth 5Y0%