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XNASCNOBP
Market cap885mUSD
Dec 20, Last price  
22.26USD
Name

ConnectOne Bancorp Inc

Chart & Performance

D1W1MN
XNAS:CNOBP chart

Profile

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area, and South Florida market. The company offers personal and business checking, retirement, money market, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers check cards, ATM cards, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, automated clearing house origination, mobile banking by phone, safe deposit boxes, and remote deposit capture services. It operates through a network of eight banking offices in Bergen County, five banking offices in Union County, one banking office in Morris County, one office in Essex County, one office in Hudson County, one office in Monmouth County, one banking office in Manhattan in New York City, one office in Nassau County on Long Island, one in Astoria, and five branches in the Hudson Valley, as well as one financial center in West Palm Beach in Palm Beach County. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
IPO date
Oct 27, 1993
Employees
507
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
269,107
-14.67%
315,362
13.48%
277,895
10.10%
Cost of revenue
98,655
85,290
74,320
Unusual Expense (Income)
NOPBT
170,452
230,072
203,575
NOPBT Margin
63.34%
72.95%
73.26%
Operating Taxes
29,955
46,013
44,705
Tax Rate
17.57%
20.00%
21.96%
NOPAT
140,497
184,059
158,870
Net income
87,003
-30.51%
125,211
-3.94%
130,353
82.85%
Dividends
(31,948)
(29,465)
(19,210)
Dividend yield
3.58%
3.08%
1.47%
Proceeds from repurchase of equity
(19,397)
(15,136)
100,243
BB yield
2.17%
1.58%
-7.68%
Debt
Debt current
884,046
11,397
12,417
Long-term debt
158,360
1,033,671
645,978
Deferred revenue
Other long-term liabilities
8,480,623
7,443,923
(633,561)
Net debt
(271,903)
(508,826)
(689,949)
Cash flow
Cash from operating activities
92,891
176,777
202,273
CAPEX
(7,433)
(3,301)
(2,783)
Cash from investing activities
(248,038)
(1,543,232)
(689,860)
Cash from financing activities
129,546
1,369,234
449,367
FCF
(1,030,053)
174,219
166,253
Balance
Cash
678,583
903,199
800,043
Long term investments
635,726
650,695
548,301
Excess cash
1,300,854
1,538,126
1,334,449
Stockholders' equity
1,253,734
1,201,424
1,136,638
Invested Capital
9,472,744
8,443,524
6,992,842
ROIC
1.57%
2.38%
2.33%
ROCE
1.59%
2.39%
2.50%
EV
Common stock shares outstanding
38,962
39,476
39,886
Price
22.91
-5.37%
24.21
-25.99%
32.71
65.29%
Market cap
892,619
-6.60%
955,714
-26.75%
1,304,671
66.29%
EV
731,643
557,815
725,649
EBITDA
176,393
235,571
209,239
EV/EBITDA
4.15
2.37
3.47
Interest
234,959
71,627
38,860
Interest/NOPBT
137.84%
31.13%
19.09%