Lumida
/CNOB
⌘K
ConnectOne Bancorp Inc

ConnectOne Bancorp Inc

CNOB
$31.80USD+0.66%+0.21 today

MARKET CAP

1.6B

P/E (TTM)

20.5x

FWD P/E

DAY RANGE

$32 – $32

52W RANGE

$23
$34

AI Summary

Stalk
Sell NowMedium

CNOB is exhibiting a medium-term bearish bias following a decisive support failure in early September, with short-term EMAs rolling over and price trading below the 50-day SMA. While the long-term uptrend (above the 200-day SMA) remains intact, the immediate structure favors further downside toward the 200-day SMA near $29.25. Execution is recommended now, selling into resistance around the 20-day EMA and the horizontal $32.50 zone.

  • Q2 net income $40.2M (+10% sequential); NIM widened to 3.42%.
  • Assets grew to ~$14B post-merger, expanding New York metro footprint.
  • $13.8M provisions booked as 30–59-day delinquencies increase.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$317.4M$387.0M$504.1M$534.6M$679.9M
YoY %-1.6%+21.9%+30.3%+6.1%+27.2%
P / Sales4.1x2.5x1.8x1.6x1.8x
EV / Sales26.0x24.2x18.8x17.7x19.9x
Gross Profit, Adj.$278.6M$315.4M$269.1M$264.1M$388.3M
YoY %+10.4%+13.2%-14.7%-1.9%+47.1%
Margin %87.8%81.5%53.4%49.4%57.1%
EV / Gross Profit29.6x29.7x35.2x35.8x34.8x
EBITDA, Adj.$175.1M$172.7M$117.0M$100.5M$149.8M
YoY %+63.1%-1.3%-32.3%-14.0%+49.0%
Margin %55.1%44.6%23.2%18.8%22.0%
EV / EBITDA47.2x54.2x81.0x94.1x90.3x
EBIT$175.1M$171.2M$117.0M$98.5M$112.7M
YoY %+93.7%-2.2%-31.7%-15.8%+14.5%
Margin %55.1%44.2%23.2%18.4%16.6%
EV / EBIT47.2x54.6x81.0x96.1x120.0x
Net Income$128.3M$119.2M$80.8M$67.6M$74.2M
YoY %+80.9%-7.1%-32.2%-16.3%+9.9%
Net Margin40.4%30.8%16.0%12.6%10.9%
EPS (GAAP)$3.22$3.01$2.07$1.76$1.63
YoY %+79.9%-6.5%-31.2%-15.0%-7.4%