ConnectOne Bancorp, Inc. (CNOB): Price and Financial Metrics

CNOB POWR Grades

• Momentum is the dimension where CNOB ranks best; there it ranks ahead of 82.95% of US stocks.
• The strongest trend for CNOB is in Quality, which has been heading down over the past 178 days.
• CNOB ranks lowest in Quality; there it ranks in the 21st percentile.

CNOB Stock Summary

• The ratio of debt to operating expenses for CONNECTONE BANCORP INC is higher than it is for about 89.42% of US stocks.
• In terms of volatility of its share price, CNOB is more volatile than just 10.62% of stocks we're observing.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for CNOB comes in at -48.97% -- higher than that of only 11.52% of stocks in our set.
• If you're looking for stocks that are quantitatively similar to CONNECTONE BANCORP INC, a group of peers worth examining would be FFIC, CVBF, FLIC, WAFD, and OCFC.
• Visit CNOB's SEC page to see the company's official filings. To visit the company's web site, go to www.connectonebank.com.

CNOB Valuation Summary

• CNOB's price/sales ratio is 2.4; this is 140% higher than that of the median Financial Services stock.
• CNOB's price/earnings ratio has moved down 7.2 over the prior 243 months.

Below are key valuation metrics over time for CNOB.

CNOB Growth Metrics

Its 3 year cash and equivalents growth rate is now at 80.55%.
• Its 4 year revenue growth rate is now at 74.2%.
• The 3 year net cashflow from operations growth rate now stands at 105.3%.

CNOB's revenue has moved up $106,564,000 over the prior 33 months.

The table below shows CNOB's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	292.818	142.575	119.448
2022-06-30	292.496	153.767	124.139
2022-03-31	285.676	167.986	125.509
2021-12-31	284.069	202.273	128.636
2021-09-30	270.459	136.013	122.956
2021-06-30	258.33	125.03	115.645

CNOB's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• CNOB has a Quality Grade of C, ranking ahead of 37.82% of graded US stocks.
• CNOB's asset turnover comes in at 0.034 -- ranking 308th of 430 Banking stocks.
• HWBK, ABCB, and CBAN are the stocks whose asset turnover ratios are most correlated with CNOB.

The table below shows CNOB's key quality metrics over time.