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ConnectOne Bancorp, Inc. (CNOB)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US20786W1071
CUSIP
20786W107
IPO Date
Jun 24, 1996

Highlights

EPS (TTM)
$2.86
PE Ratio
9.36
Total Revenue (TTM)
$644.87M
Gross Profit (TTM)
$231.00M
EBITDA (TTM)
$68.31M
Year Range
$20.61 - $29.28
Target Price
$27.67
ROA (TTM)
0.57%
ROE (TTM)
5.11%

Share Price Chart


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ConnectOne Bancorp, Inc.

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ConnectOne Bancorp, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

ConnectOne Bancorp, Inc. (CNOB) has returned 2.77% so far this year and 13.34% over the past 12 months. Over the last ten years, CNOB has returned 7.31% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


ConnectOne Bancorp, Inc.

1D
1.71%
1M
0.90%
YTD
2.77%
6M
9.42%
1Y
13.34%
3Y*
18.67%
5Y*
3.73%
10Y*
7.31%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 24, 1996, CNOB's average daily return is +0.07%, while the average monthly return is +0.99%. At this rate, your investment would double in approximately 5.9 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 9 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.53%0.32%0.90%2.77%
202510.61%1.43%-4.78%-7.32%2.71%0.83%-0.56%11.99%-3.09%-3.02%5.81%3.76%17.81%
2024-0.31%-12.59%-1.47%-8.15%5.03%1.34%28.22%4.09%0.20%-3.23%14.19%-16.69%3.33%
2023-1.82%2.67%-27.09%-10.75%-12.86%22.16%23.39%-5.84%-6.75%-8.64%21.87%16.53%-1.84%
2022-2.14%3.51%-3.00%-12.96%-0.51%-11.28%8.14%-4.80%-7.87%8.63%5.44%-7.74%-24.35%
20217.38%9.74%9.13%7.10%2.39%-5.49%0.50%9.19%4.89%12.40%-3.29%0.65%67.84%

Benchmark Metrics

ConnectOne Bancorp, Inc. has an annualized alpha of 12.46%, beta of 0.56, and R² of 0.05 versus S&P 500 Index. Calculated based on daily prices since June 25, 1996.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (64.20%) than losses (63.48%) — 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.

Alpha
12.46%
Beta
0.56
0.05
Upside Capture
64.20%
Downside Capture
63.48%

Return for Risk

Risk / Return Rank

CNOB ranks 56 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


CNOB Risk / Return Rank: 5656
Overall Rank
CNOB Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
CNOB Sortino Ratio Rank: 4949
Sortino Ratio Rank
CNOB Omega Ratio Rank: 4949
Omega Ratio Rank
CNOB Calmar Ratio Rank: 6363
Calmar Ratio Rank
CNOB Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ConnectOne Bancorp, Inc. (CNOB) and compare them to a chosen benchmark (S&P 500 Index).


CNOBBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.42

0.90

-0.47

Sortino ratio

Return per unit of downside risk

0.80

1.39

-0.59

Omega ratio

Gain probability vs. loss probability

1.10

1.21

-0.11

Calmar ratio

Return relative to maximum drawdown

1.00

1.40

-0.40

Martin ratio

Return relative to average drawdown

2.20

6.61

-4.41

Explore CNOB risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ConnectOne Bancorp, Inc. provided a 2.69% dividend yield over the last twelve months, with an annual payout of $0.72 per share. The company has been increasing its dividends for 15 consecutive years.


1.00%1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.72$0.72$0.71$0.67$0.60$0.44$0.36$0.35$0.30$0.30$0.30$0.30

Dividend yield

2.69%2.75%3.10%2.90%2.46%1.35%1.82%1.34%1.62%1.17%1.16%1.61%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.18$0.00$0.18
2025$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.72
2024$0.00$0.17$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.71
2023$0.00$0.16$0.00$0.00$0.17$0.00$0.00$0.17$0.00$0.00$0.17$0.00$0.67
2022$0.00$0.13$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.60
2021$0.00$0.09$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.13$0.00$0.44

Dividend Yield & Payout


Dividend Yield

ConnectOne Bancorp, Inc. has a dividend yield of 2.69%, which is quite average when compared to the overall market.

Payout Ratio

ConnectOne Bancorp, Inc. has a payout ratio of 44.56%, which is quite average when compared to the overall market. This suggests that ConnectOne Bancorp, Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

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 31.21%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-79%Apr 22, 20141488Mar 18, 2020
-64.93%Nov 25, 20031334Mar 16, 20091191Dec 5, 20132525
-42.03%Jul 3, 200057Sep 21, 200069Dec 29, 2000126
-34.67%Apr 20, 1998378Oct 15, 1999179Jun 30, 2000557
-23.51%Sep 19, 20035Sep 25, 200334Nov 12, 200339

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

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.


Annual
Quarterly

0.0

Valuation

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.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for CNOB, comparing it with other companies in the Banks - Regional industry. Currently, CNOB has a P/E ratio of 9.4. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for CNOB relative to other companies in the Banks - Regional industry. Currently, CNOB has a P/S ratio of 1.2. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items