ConnectOne Bancorp, Inc., through its subsidiary, ConnectOne Bank offers a full suite of both commercial and consumer banking and lending products and services through its banking offices located across New York and New Jersey.
Company profile
Ticker
CNOB, CNOBP
Exchange
Website
CEO
Frank Sorrentino
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CENTER BANCORP INC
SEC CIK
Corporate docs
Subsidiaries
Union Investment Co. • Center Financial Group, LLC • Center Advertising Corporation • Morris Property Company, LLC • Twin Bridge Investment Co. • Volosin Holdings, LLC • ConnectOne Preferred Funding Corp. • NJCB Spec-1, LLC • BoeFly, Inc. ...
IRS number
521273725
CNOB stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
24 Feb 23
8-K
Other Events
16 Feb 23
8-K
Other Events
1 Feb 23
8-K
Connectone Bancorp, Inc. Reports Declares Common and Preferred Dividends
26 Jan 23
8-K
Connectone Bancorp, Inc. to Host 2022 Fourth Quarter
12 Jan 23
8-K
Other Events
9 Nov 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Connectone Bancorp, Inc. Reports Declares Common and Preferred Dividends
27 Oct 22
8-K
ConnectOne Bancorp, Inc. to Host 2022 Third Quarter
13 Oct 22
8-K
ConnectOne Bank Partners with MANTL to Enhance Deposit Onboarding for Businesses and Consumers
13 Sep 22
Transcripts
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
CNOB
Earnings call transcript
2021 Q2
31 Jul 21
CNOB
Earnings call transcript
2021 Q1
30 Apr 21
CNOB
Earnings call transcript
2020 Q4
28 Jan 21
CNOB
Earnings call transcript
2020 Q3
31 Oct 20
Latest ownership filings
4
Katherin Nukk-Freeman
16 Mar 23
4
Stephen T. Boswell
10 Mar 23
4
Michael W Kempner
9 Mar 23
4
NICHOLAS MINOIA
17 Feb 23
4
WILLIAM THOMPSON
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G
VANGUARD GROUP INC
9 Feb 23
4
WILLIAM THOMPSON
1 Feb 23
SC 13G/A
BlackRock Inc.
30 Jan 23
4
WILLIAM THOMPSON
18 Nov 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| 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) | 268.32 mm | 268.32 mm | 268.32 mm | 268.32 mm | 268.32 mm | 268.32 mm |
| Cash burn (monthly) | 21.84 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 58.98 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 209.33 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 9.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
67.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 153 |
| Opened positions | 12 |
| Closed positions | 16 |
| Increased positions | 50 |
| Reduced positions | 60 |
| 13F shares | Current |
|---|---|
| Total value | 557.00 bn |
| Total shares | 26.58 mm |
| Total puts | 1.60 k |
| Total calls | 100.00 |
| Total put/call ratio | 16.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.06 mm | $74.00 bn |
| Dimensional Fund Advisors | 2.59 mm | $62.69 mm |
| Vanguard | 1.96 mm | $47.51 bn |
| American Century Companies | 1.54 mm | $37.22 bn |
| William Blair Investment Management | 1.12 mm | $27.22 bn |
| FMR | 1.10 mm | $26.71 bn |
| GS Goldman Sachs | 1.09 mm | $26.46 bn |
| Nuveen Asset Management | 1.01 mm | $24.42 bn |
| JPM JPMorgan Chase & Co. | 1.01 mm | $24.40 bn |
| STT State Street | 899.34 k | $21.77 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Nukk-Freeman Katherin | Common Stock | Buy | Acquire P | Yes | No | 18.72 | 181 | 3.39 k | 2,431 |
| 10 Mar 23 | Boswell Stephen T. | Common Stock | Buy | Acquire P | Yes | No | 20.949 | 10,000 | 209.49 k | 254,083.737 |
| 2 Mar 23 | Kempner Michael W | Common Stock | Sell | Dispose S | No | No | 24.0081 | 41,000 | 984.33 k | 319,585 |
| 17 Feb 23 | Minoia Nicholas | Common Stock | Option exercise | Acquire M | No | No | 12.52 | 3,473 | 43.48 k | 56,521.835 |
| 17 Feb 23 | Minoia Nicholas | Stock Option Common Stock | Option exercise | Dispose M | No | No | 12.52 | 3,473 | 43.48 k | 0 |
| 13 Feb 23 | Thompson William | Common Stock | Sell | Dispose S | No | No | 23.81 | 1,200 | 28.57 k | 94,358.04 |
News
Stocks That Hit 52-Week Lows On Friday
10 Mar 23
Stephens & Co. Maintains Overweight on ConnectOne Bancorp, Lowers Price Target to $28
30 Jan 23
12 Financials Stocks Moving In Thursday's Intraday Session
26 Jan 23
Stocks That Hit 52-Week Lows On Thursday
26 Jan 23
ConnectOne Bancorp Q4 EPS $0.79 Misses $0.82 Estimate
26 Jan 23