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

CNOB POWR Grades

• CNOB scores best on the Stability dimension, with a Stability rank ahead of 95.67% of US stocks.
• The strongest trend for CNOB is in Value, which has been heading up over the past 179 days.
• CNOB's current lowest rank is in the Quality metric (where it is better than 32.82% of US stocks).

CNOB Stock Summary

• The ratio of debt to operating expenses for CONNECTONE BANCORP INC is higher than it is for about 90.18% of US stocks.
• With a year-over-year growth in debt of 99.84%, CONNECTONE BANCORP INC's debt growth rate surpasses 88.4% 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 -52.89%, greater than the shareholder yield of merely 10.78% of stocks in our set.
• Stocks that are quantitatively similar to CNOB, based on their financial statements, market capitalization, and price volatility, are RMBI, OPHC, NFBK, BY, and ONB.
• 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 3.2; this is 190.91% higher than that of the median Financial Services stock.
• CNOB's price/sales ratio has moved down 0.1 over the prior 243 months.

Below are key valuation metrics over time for CNOB.

CNOB Growth Metrics

The 2 year cash and equivalents growth rate now stands at 10.16%.
• Its 3 year net cashflow from operations growth rate is now at 105.3%.
• Its 4 year net cashflow from operations growth rate is now at 78.6%.

Over the past 33 months, CNOB's revenue has gone up $114,843,000.

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
2022-06-30	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
2021-03-31	239.611	114.795	98.258

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.