Alexander Bol - ConnectOne Bancorp Independent Chairman of the Board

CNOB Stock  USD 19.49  0.45  2.36%   

Chairman

Mr. Alexander A. Bol serves as Independent Director of ConnectOne Bancorp, Inc. Mr. Bol founded Bol Architecture in 1974, and currently serves as a Principal of that firm. Mr. Bol is a member of the American Institute of Architects and the New Jersey Society of Architects and is certified by the National Council of Architectural Registration Boards. Mr. Bol is a New Jersey licensed Professional Planner and a registered Architect in the states of New Jersey, Massachusetts, New York, and Pennsylvania since 2015.
Age 71
Tenure 9 years
Address 301 Sylvan Avenue, Englewood Cliffs, NJ, United States, 07632
Phone201 816 8900
Webhttps://www.connectonebank.com
Bol served as chairman of Company from 2000 until June 30, 2014. The leadership Mr. Bol has provided to the Company and Union Center National Bank prior to the consummation of the Merger, together with his knowledge of the banking industry and his stature in the community led the Board to conclude that Mr. Bol should serve as a director of the Company.

ConnectOne Bancorp Management Efficiency

The current year's Return On Equity is expected to grow to 0.11, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, ConnectOne Bancorp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 10 B, whereas Other Assets are forecasted to decline to 0.95. ConnectOne Bancorp's management efficiency ratios could be used to measure how well ConnectOne Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.03 B in liabilities with Debt to Equity (D/E) ratio of 7.41, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist ConnectOne Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, ConnectOne Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ConnectOne Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ConnectOne to invest in growth at high rates of return. When we think about ConnectOne Bancorp's use of debt, we should always consider it together with cash and equity.

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ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area, and South Florida market. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey. Connectone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 434 people. ConnectOne Bancorp (CNOB) is traded on NASDAQ Exchange in USA. It is located in 301 Sylvan Avenue, Englewood Cliffs, NJ, United States, 07632 and employs 487 people. ConnectOne Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

ConnectOne Bancorp Leadership Team

Elected by the shareholders, the ConnectOne Bancorp's board of directors comprises two types of representatives: ConnectOne Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ConnectOne. The board's role is to monitor ConnectOne Bancorp's management team and ensure that shareholders' interests are well served. ConnectOne Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ConnectOne Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Katherin NukkFreeman, Independent Director
Harold Schechter, Independent Director
Joseph Javitz, First Officer
Siya Vansia, Senior Officer
Laura Criscione, Chief Compliance Officer, Executive VP, Chief Compliance Officer of Connectone Bank and Executive VP of Connectone Bank
Nicholas Minoia, Independent Director
Christopher Ewing, COO, Executive Vice President
Elizabeth Magennis, Chief Lending Officer, Executive VP, Chief Lending Officer of North Jersey Community Bank and Executive VP of North Jersey Community Bank
Michael McGrover, Senior Vice President Chief Credit Officer
Frank III, President Chairman
Raymond Vanaria, Independent Director
Frank Huttle, Director
Michael Rozman, President Division
Ali Mattera, Chief Officer
William Burns, CFO, Executive VP, CFO of Connectone Bank and Executive VP of Connectone Bank
Dana Zeller, Chief Officer
Frederick Fish, Independent Director
Frank Sorrentino, Chairman of the Board, CEO
Alexander Bol, Independent Chairman of the Board
Daniel Rifkin, Director
Michael OMalley, Executive Officer
Joseph Parisi, Director
Michael Kempner, Director
Stephen Boswell, Lead Director
Chris Ewing, COO, Executive Vice President
William Thompson, Independent Director
Frank Baier, Director

ConnectOne Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ConnectOne Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ConnectOne Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ConnectOne Bancorp's short interest history, or implied volatility extrapolated from ConnectOne Bancorp options trading.

Pair Trading with ConnectOne Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConnectOne Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConnectOne Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving against ConnectOne Stock

  0.79CFG-PD Citizens FinancialPairCorr
  0.77TECTP Tectonic FinancialPairCorr
  0.67DB Deutsche Bank AGPairCorr
  0.49RF Regions Financial Financial Report 19th of July 2024 PairCorr
The ability to find closely correlated positions to ConnectOne Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConnectOne Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConnectOne Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConnectOne Bancorp to buy it.
The correlation of ConnectOne Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConnectOne Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConnectOne Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConnectOne Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ConnectOne Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConnectOne Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connectone Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connectone Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for ConnectOne Stock analysis

When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ConnectOne Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectOne Bancorp. If investors know ConnectOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
0.69
Earnings Share
1.89
Revenue Per Share
6.53
Quarterly Revenue Growth
(0.13)
The market value of ConnectOne Bancorp is measured differently than its book value, which is the value of ConnectOne that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ConnectOne Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectOne Bancorp's market value can be influenced by many factors that don't directly affect ConnectOne Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectOne Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.