Connectone Bancorp Stock Revenue
| CNOB Stock | USD 19.49 0.45 2.36% |
ConnectOne Bancorp fundamentals help investors to digest information that contributes to ConnectOne Bancorp's financial success or failures. It also enables traders to predict the movement of ConnectOne Stock. The fundamental analysis module provides a way to measure ConnectOne Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ConnectOne Bancorp stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 504.1 M | 529.3 M |
ConnectOne | Revenue |
ConnectOne Bancorp Company Revenue Analysis
ConnectOne Bancorp's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current ConnectOne Bancorp Revenue | 504.07 M |
Most of ConnectOne Bancorp's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ConnectOne Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of ConnectOne
Projected quarterly revenue analysis of ConnectOne Bancorp provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of ConnectOne Bancorp match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in ConnectOne Bancorp's stock price.
ConnectOne Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for ConnectOne Bancorp is extremely important. It helps to project a fair market value of ConnectOne Stock properly, considering its historical fundamentals such as Revenue. Since ConnectOne Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ConnectOne Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ConnectOne Bancorp's interrelated accounts and indicators.
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ConnectOne Revenue Historical Pattern
Today, most investors in ConnectOne Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ConnectOne Bancorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ConnectOne Bancorp revenue as a starting point in their analysis.
ConnectOne Bancorp Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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ConnectOne Total Revenue
Total Revenue |
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Based on the latest financial disclosure, ConnectOne Bancorp reported 504.07 M of revenue. This is 95.5% lower than that of the Banks sector and significantly higher than that of the Financials industry. The revenue for all United States stocks is 94.66% higher than that of the company.
ConnectOne Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ConnectOne Bancorp's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ConnectOne Bancorp could also be used in its relative valuation, which is a method of valuing ConnectOne Bancorp by comparing valuation metrics of similar companies.ConnectOne Bancorp is currently under evaluation in revenue category among related companies.
ConnectOne Bancorp Institutional Holders
Institutional Holdings refers to the ownership stake in ConnectOne Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ConnectOne Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ConnectOne Bancorp's value.| Shares | Bank Of America Corp | 2023-12-31 | 517.1 K | Brandywine Global Investment Mgmt Llc | 2023-12-31 | 488 K | American Century Companies Inc | 2023-12-31 | 459.5 K | Charles Schwab Investment Management Inc | 2023-12-31 | 438.2 K | Northern Trust Corp | 2023-12-31 | 423.1 K | Manufacturers Life Insurance Co | 2023-12-31 | 331.1 K | Knights Of Columbus Asset Advisors Llc | 2023-12-31 | 246.2 K | Ameriprise Financial Inc | 2023-12-31 | 230.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 222.2 K | Blackrock Inc | 2023-12-31 | 3.8 M | Fmr Inc | 2023-12-31 | 3.4 M |
ConnectOne Fundamentals
| 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 | |||
| Price To Book | 0.62 X | |||
| Price To Sales | 2.62 X | |||
| Revenue | 504.07 M | |||
| Gross Profit | 297.61 M | |||
| EBITDA | 171.22 M | |||
| Net Income | 86.79 M | |||
| Cash And Equivalents | 333.84 M | |||
| Cash Per Share | 8.53 X | |||
| Total Debt | 1.03 B | |||
| Debt To Equity | 7.41 % | |||
| Book Value Per Share | 28.93 X | |||
| Cash Flow From Operations | 82.4 M | |||
| Short Ratio | 8.13 X | |||
| Earnings Per Share | 1.89 X | |||
| Price To Earnings To Growth | 1.83 X | |||
| Target Price | 24.4 | |||
| Number Of Employees | 487 | |||
| Beta | 1.23 | |||
| Market Capitalization | 729.86 M | |||
| Total Asset | 9.86 B | |||
| Retained Earnings | 590.97 M | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 1.60 % | |||
| Net Asset | 9.86 B | |||
| Last Dividend Paid | 0.69 |
About ConnectOne Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ConnectOne Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ConnectOne Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ConnectOne Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.79 | 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 ConnectOne Bancorp Piotroski F Score and ConnectOne Bancorp Altman Z Score analysis. For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.