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

CNOB POWR Grades

• CNOB scores best on the Sentiment dimension, with a Sentiment rank ahead of 92.35% of US stocks.
• CNOB's strongest trending metric is Value; it's been moving down over the last 177 days.
• CNOB's current lowest rank is in the Growth metric (where it is better than 10.15% of US stocks).

CNOB Stock Summary

• The ratio of debt to operating expenses for CONNECTONE BANCORP INC is higher than it is for about 86.65% of US stocks.
• CNOB's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.03% of US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for CNOB comes in at 23.1% -- higher than that of 92.18% of stocks in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to CONNECTONE BANCORP INC are FLIC, FFIC, BANC, MBWM, and LBAI.
• 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 EV/EBIT ratio is 9; this is 20.35% lower than that of the median Financial Services stock.
• Over the past 243 months, CNOB's EV/EBIT ratio has gone down 28.6.

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.