ConnectOne Bancorp, Inc. (CNOB)

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ConnectOne Bancorp, Inc. (CNOB) is up 27.8% since the beginning of the year. At $33 per share, CNOB is currently trading at its 52-week high. Investors who bought $1,000 worth of CNOB shares 5 years ago would now be looking at an investment worth $1,405.

ConnectOne Bancorp, Inc. (CNOB) has returned 27.84% so far this year and 49.74% over the past 12 months. Over the last ten years, CNOB has returned 10.24% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.

Based on dividend-adjusted daily data since Jun 24, 1996, CNOB's average daily return is +0.07%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 52% of months were positive and 48% were negative. The best month was Dec 2000 with a return of +45.6%, while the worst month was Mar 2020 at -36.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 11 months.

On a daily basis, CNOB closed higher 44% of trading days. The best single day was Apr 21, 2014 with a return of +159.0%, while the worst single day was Apr 22, 2014 at -61.0%.

ConnectOne Bancorp, Inc. has an annualized alpha of 13.21%, beta of 0.56, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since June 24, 1996.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (65.41%) than losses (61.39%) - typical of diversified or defensive assets.
• Beta of 0.56 may look defensive, but with R2 of 0.05 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.05 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CNOB ranks 86 for risk / return — in the top 86% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

ConnectOne Bancorp, Inc. provided a 2.22% dividend yield over the last twelve months, with an annual payout of $0.74 per share. The company has been increasing its dividends for 15 consecutive years.

The table displays the monthly dividend distributions for ConnectOne Bancorp, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the ConnectOne Bancorp, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ConnectOne Bancorp, Inc. was 79.00%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current ConnectOne Bancorp, Inc. drawdown is 14.43%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of ConnectOne Bancorp, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how ConnectOne Bancorp, Inc. is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.