connectone bank is built on a history of connecting to our clients’ needs. we understand that “little things matter” and focus on those things when providing creative financial products and customize solutions to help our clients achieve financial prosperity for themselves, their family and their business. our ultimate goal is to create life-long partnerships with our clients by making sure that each day connectone bank focuses on a singular objective...to be “a better place to be” for our clients, our communities, our employees and our shareholders. connectone bank is an equal housing and equal opportunity lender, and a member of the federal deposit insurance corporation. for more information, call 201-816-8900, go online and visit our website at www.connectonebank.com.
Company profile
Ticker
CNOB, CNOBP
Exchange
Website
CEO
Frank Sorrentino
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CENTER BANCORP INC
SEC CIK
Corporate docs
Subsidiaries
Union Investment Co. • Center Financial Group, LLC • Center Advertising, Inc. • Morris Property Company, LLC • Twin Bridge Investment Co. • Volosin Holdings, LLC • ConnectOne Preferred Funding Corp. • NJCB Spec-1, LLC • BoeFly, Inc. • BONJ Special Properties, LLC ...
IRS number
521273725
CNOB stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
23 Feb 24
8-K
Other Events
14 Feb 24
UPLOAD
Letter from SEC
26 Jan 24
8-K
Connectone Bancorp, Inc. Reports Declares Common and Preferred Dividends
25 Jan 24
CORRESP
Correspondence with SEC
19 Jan 24
8-K
Connectone Bancorp, Inc. to Host 2023 Fourth Quarter
11 Jan 24
CORRESP
Correspondence with SEC
8 Jan 24
UPLOAD
Letter from SEC
7 Dec 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Other Events
1 Nov 23
Transcripts
CNOB
Earnings call transcript
2023 Q4
25 Jan 24
CNOB
Earnings call transcript
2023 Q3
26 Oct 23
CNOB
Earnings call transcript
2023 Q2
27 Jul 23
CNOB
Earnings call transcript
2023 Q1
27 Apr 23
CNOB
Earnings call transcript
2022 Q4
27 Jan 23
CNOB
Earnings call transcript
2022 Q3
30 Oct 22
CNOB
Earnings call transcript
2022 Q2
30 Jul 22
CNOB
Earnings call transcript
2022 Q1
28 Apr 22
CNOB
Earnings call transcript
2021 Q4
27 Jan 22
CNOB
Earnings call transcript
2021 Q3
30 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 253.30 mm | 253.30 mm | 253.30 mm | 253.30 mm | 253.30 mm | 253.30 mm |
Cash burn (monthly) | 22.21 mm | 6.71 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 132.91 mm | 40.17 mm | n/a | n/a | n/a | n/a |
Cash remaining | 120.39 mm | 213.13 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 5.4 | 31.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
66.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 138 |
Opened positions | 14 |
Closed positions | 12 |
Increased positions | 45 |
Reduced positions | 52 |
13F shares | Current |
---|---|
Total value | 448.69 bn |
Total shares | 25.55 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.51 mm | $62.61 bn |
FMR | 3.50 mm | $62.41 bn |
Dimensional Fund Advisors | 2.21 mm | $39.44 bn |
Vanguard | 2.05 mm | $36.47 bn |
JPM JPMorgan Chase & Co. | 1.35 mm | $24.16 bn |
STT State Street | 1.05 mm | $18.76 bn |
GS Goldman Sachs | 926.04 k | $16.51 bn |
Nuveen Asset Management | 845.07 k | $15.07 bn |
Geode Capital Management | 769.87 k | $13.73 bn |
Banc Funds | 627.01 k | $11.18 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Burns William S | Common Stock | Payment of exercise | Dispose F | No | No | 18.98 | 1,064 | 20.19 k | 121,475 |
25 Mar 24 | Magennis Elizabeth | Common Stock | Payment of exercise | Dispose F | No | No | 18.98 | 1,144 | 21.71 k | 126,356 |
25 Mar 24 | Criscione Laura | Common Stock | Payment of exercise | Dispose F | No | No | 18.98 | 434 | 8.24 k | 99,597 |
25 Mar 24 | Michael O'Malley | Common Stock | Payment of exercise | Dispose F | No | No | 18.98 | 467 | 8.86 k | 9,837 |
25 Mar 24 | Sorrentino Frank III | Common Stock | Payment of exercise | Dispose F | No | No | 18.98 | 4,528 | 85.94 k | 580,528 |
23 Mar 24 | Burns William S | Common Stock | Payment of exercise | Dispose F | No | No | 19.01 | 1,065 | 20.25 k | 122,539 |
23 Mar 24 | Magennis Elizabeth | Common Stock | Payment of exercise | Dispose F | No | No | 19.01 | 1,115 | 21.20 k | 127,500 |
23 Mar 24 | Criscione Laura | Common Stock | Payment of exercise | Dispose F | No | No | 19.01 | 448 | 8.52 k | 100,031 |
23 Mar 24 | Sorrentino Frank III | Common Stock | Payment of exercise | Dispose F | No | No | 19.01 | 4,085 | 77.66 k | 585,056 |
22 Mar 24 | Burns William S | Common Stock | Grant | Acquire A | No | No | 0 | 7,724 | 0.00 | 123,604 |
News
Raymond James Maintains Strong Buy on ConnectOne Bancorp, Raises Price Target to $28
29 Jan 24
Piper Sandler Maintains Overweight on ConnectOne Bancorp, Raises Price Target to $25
26 Jan 24
Keefe, Bruyette & Woods Maintains Outperform on ConnectOne Bancorp, Raises Price Target to $27-Report Released on 25 January 2024
26 Jan 24
ConnectOne Bancorp Q4 2023 GAAP EPS $0.46 Beats $0.45 Estimate, Sales $61.82M Miss $63.03M Estimate
25 Jan 24
Earnings Scheduled For January 25, 2024
25 Jan 24