Center BancorpCNOB
CNOB
About: ConnectOne Bancorp Inc is a community-based, full-service New Jersey-chartered commercial bank. Substantially all loans are secured with various types of collateral, including business assets, consumer assets and commercial/residential real estate. Each borrower's ability to repay its loans is dependent on the conversion of assets, cash flows generated from the borrowers' business, real estate rental and consumer wages.
Employees: 493
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 49
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
0.83% more ownership
Funds ownership: 70.27% [Q3] → 71.1% (+0.83%) [Q4]
1% more funds holding
Funds holding: 157 [Q3] → 158 (+1) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
7% less capital invested
Capital invested by funds: $676M [Q3] → $625M (-$50.6M) [Q4]
86% less call options, than puts
Call options by funds: $5K | Put options by funds: $37K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$31
38%
upside
Avg. target
$31
38%
upside
High target
$31
38%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Timothy Switzer 57% 1-year accuracy 16 / 28 met price target | 38%upside $31 | Outperform Maintained | 25 Apr 2025 |
Financial journalist opinion
Based on 5 articles about CNOB published over the past 30 days
Positive
Zacks Investment Research
16 hours ago
Why ConnectOne Bancorp (CNOB) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ConnectOne Bancorp (CNOB) have what it takes?
Neutral
Seeking Alpha
6 days ago
ConnectOne Bancorp, Inc. (CNOB) Q1 2025 Earnings Call Transcript
ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Siya Vansia - Chief Brand & Innovation Officer Frank Sorrentino - Chairman & Chief Executive Officer Bill Burns - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Tim Switzer - KBW Feddie Strickland - Hovde Group Daniel Tamayo - Raymond James Matthew Breese - Stephens Inc. Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.
Positive
Seeking Alpha
6 days ago
ConnectOne: Solid Q1 Results And M&A Justify Current Valuation
ConnectOne Bancorp has shown solid performance, gaining 15% over the past year, despite recent market pressures, and reported a strong Q1. The bank is improving its net interest margins and funding mix, with deposit costs expected to continue decreasing as high-cost deposits mature. ConnectOne's pending acquisition of First of Long Island Corporation is expected to be accretive, enhancing scale and improving liquidity, despite some margin dilution.
Neutral
GlobeNewsWire
6 days ago
ConnectOne Bancorp, Inc. Reports First Quarter 2025 Results; Declares Common and Preferred Dividends
ENGLEWOOD CLIFFS, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income available to common stockholders of $18.7 million for the first quarter of 2025 compared with $18.9 million for the fourth quarter of 2024 and $15.7 million for the first quarter of 2024.
Neutral
GlobeNewsWire
2 weeks ago
ConnectOne Bancorp, Inc. to Host 2025 First Quarter Results Conference Call on April 24, 2025
ENGLEWOOD CLIFFS, N.J., April 10, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the first quarter ended March 31, 2025, before the market opens on Thursday, April 24, 2025. Management will also host a conference call and audio webcast at 10:00 a.m. ET on April 24, 2025, to review the Company's financial performance and operating results.
Positive
Benzinga
1 month ago
ConnectOne Bancorp Shares Are Rarely This Cheap, Analyst Upgrades Stock And Price Forecast
ConnectOne Bancorp, Inc. CNOB shares are trading higher on Wednesday.
Positive
Zacks Investment Research
1 month ago
ConnectOne Bancorp (CNOB) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ConnectOne Bancorp (CNOB) have what it takes?
Positive
Zacks Investment Research
1 month ago
ConnectOne Bancorp (CNOB) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ConnectOne Bancorp (CNOB) have what it takes?
Neutral
GlobeNewsWire
2 months ago
Shareholders of ConnectOne Bancorp, Inc. and The First of Long Island Corporation Approve Proposed Merger
ENGLEWOOD CLIFFS, N.J. and MELVILLE, N.Y., Feb. 14, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), and The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island, today announced that at separate special meetings the shareholders of both companies approved proposals relating to the pending merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur in the second quarter of 2025, subject to the receipt of regulatory approval and other customary closing conditions.
Neutral
Seeking Alpha
2 months ago
ConnectOne Bancorp, Inc. (CNOB) Q4 2024 Earnings Call Transcript
ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and Chief Executive Officer William Burns - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Breese - Stephens Inc. Daniel Tamayo - Raymond James Timothy Switzer - KBW Operator Hello and thank you for standing by. My name is Bella and I will be your conference operator today.
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