Frank Sorrentino - ConnectOne Bancorp Chairman of the Board, CEO
| CNOB Stock | USD 19.49 0.45 2.36% |
Chairman
Mr. Frank S. Sorrentino is a Chairman of the Board, Chief Executive Officer of the Company since 2014.
| Age | 56 |
| Tenure | 10 years |
| Address | 301 Sylvan Avenue, Englewood Cliffs, NJ, United States, 07632 |
| Phone | 201 816 8900 |
| Web | https://www.connectonebank.com |
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.Similar Executives
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Management Performance
| Return On Equity | 0.0659 | |||
| Return On Asset | 0.008 |
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.
| Return On Equity | 0.0659 | |||
| Return On Asset | 0.008 | |||
| Profit Margin | 0.31 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 1.53 B | |||
| Shares Outstanding | 38.33 M | |||
| Shares Owned By Insiders | 6.61 % | |||
| Shares Owned By Institutions | 68.73 % | |||
| Number Of Shares Shorted | 1.28 M | |||
| Price To Earning | 10.35 X |
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
| 0.79 | CFG-PD | Citizens Financial | PairCorr |
| 0.77 | TECTP | Tectonic Financial | PairCorr |
| 0.67 | DB | Deutsche Bank AG | PairCorr |
| 0.49 | RF | 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.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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.