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

CNOB POWR Grades

• CNOB scores best on the Sentiment dimension, with a Sentiment rank ahead of 98.16% of US stocks.
• The strongest trend for CNOB is in Stability, which has been heading up over the past 52 weeks.
• CNOB ranks lowest in Value; there it ranks in the 34th percentile.

CNOB Stock Summary

• CNOB's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.11% of US stocks.
• With a year-over-year growth in debt of -43.09%, ConnectOne Bancorp Inc's debt growth rate surpasses merely 11.64% of about US stocks.
• ConnectOne Bancorp Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 23.94%, greater than the shareholder yield of 91.62% of stocks in our set.
• Stocks that are quantitatively similar to CNOB, based on their financial statements, market capitalization, and price volatility, are PFS, TBNK, FMBI, NFBK, and UBCP.
• CNOB's SEC filings can be seen here. And to visit ConnectOne Bancorp Inc's official web site, go to www.connectonebank.com.

CNOB Valuation Summary

• In comparison to the median Financial Services stock, CNOB's EV/EBIT ratio is 2.33% higher, now standing at 8.8.
• Over the past 243 months, CNOB's price/sales ratio has gone up 1.2.
• CNOB's price/sales ratio has moved up 1.2 over the prior 243 months.

Below are key valuation metrics over time for CNOB.

CNOB Growth Metrics

• Its 2 year cash and equivalents growth rate is now at 98.06%.
• Its 5 year revenue growth rate is now at 60.9%.
• Its 3 year net income to common stockholders growth rate is now at 64.34%.

CNOB's revenue has moved up $80,221,000 over the prior 15 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
2021-09-30	270.459	136.013	122.956
2021-06-30	258.33	125.03	115.645
2021-03-31	239.611	114.795	98.258
2020-12-31	211.391	81.125	71.289
2020-09-30	200.755	97.09	66.431
2020-06-30	190.238	100.989	63.341

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.