Center BancorpCNOB
CNOB
About: ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.
Employees: 499
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
175% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 12
125% more call options, than puts
Call options by funds: $45K | Put options by funds: $20K
35% more capital invested
Capital invested by funds: $500M [Q2] → $673M (+$173M) [Q3]
16% more funds holding
Funds holding: 135 [Q2] → 156 (+21) [Q3]
0.88% more ownership
Funds ownership: 69.11% [Q2] → 69.99% (+0.88%) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 51
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$31
33%
upside
Avg. target
$31
33%
upside
High target
$31
33%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Timothy Switzer 89% 1-year accuracy 17 / 19 met price target | 33%upside $31 | Market Perform Maintained | 4 Dec 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
RRD's ConnectOne Storefront℠ Designed to Drive Efficiency, Reduce Costs for Brands
CHICAGO--(BUSINESS WIRE)--RRD, a global provider of marketing, packaging, print, and supply chain solutions, recently unveiled ConnectOne Storefront, a web-based marketing and e-commerce platform for multichannel communications. ConnectOne Storefront is designed to drive operational efficiencies and reduce costs by providing seamless ordering, fulfillment, content customization, and direct mail campaign management. As a major upgrade to RRD's legacy e-commerce portal, CustomPoint, ConnectOne St.
Neutral
Seeking Alpha
1 month ago
ConnectOne Bancorp, Inc. (CNOB) Q3 2024 Earnings Call Transcript
ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q3 2024 Earnings Call Transcript October 24, 2024 10:00 AM ET Company Participants Siya Vansia - Chief Brand & Innovation Officer Frank Sorrentino - Chairman & Chief Executive Officer Bill Burns - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Matt Breese - Stephens Inc. Dan Tamayo - Raymond James Frank Schiraldi - Piper Sandler Tim Switzer - KBW Operator Hello, and welcome to ConnectOne Bancorp Third Quarter 2024 Earnings Call. Please note that all lines are in listen-only mode.
Neutral
Zacks Investment Research
1 month ago
ConnectOne (CNOB) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for ConnectOne (CNOB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
ConnectOne Bancorp (CNOB) Misses Q3 Earnings and Revenue Estimates
ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.51 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
ConnectOne Bancorp, Inc. to Host 2024 Third Quarter Results Conference Call on October 24, 2024
ENGLEWOOD CLIFFS, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the third quarter ended September 30, 2024, before the market opens on Thursday, October 24, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on October 24, 2024, to review the Company's financial performance and operating results.
Neutral
PRNewsWire
3 months ago
CNOB INVESTIGATION: The M&A Class Action Firm Investigates the Merger of ConnectOne Bancorp, Inc. - CNOB
NEW YORK , Sept. 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.
Positive
Zacks Investment Research
3 months ago
ConnectOne Bancorp to Acquire The First of Long Island for $284M
CNOB is set to acquire FLIC for $284 million in an all-stock deal to expand its presence in Long Island. It is set to be 36% accretive to 2025 earnings.
Neutral
Business Wire
3 months ago
FIRST OF LONG ISLAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First of Long Island Corporation - FLIC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The First of Long Island Corporation (NasdaqCM: FLIC) to ConnectOne Bancorp, Inc. (NasdaqGS: CNOB). Under the terms of the proposed transaction, shareholders of FLIC will receive 0.5175 shares of ConnectOne for each share of FLIC that they own. KSF is seeking to determine whether this consideration and the pro.
Neutral
Business Wire
3 months ago
CNOB Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of ConnectOne Bancorp, Inc. is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of ConnectOne Bancorp, Inc. (NASDAQ: CNOB) and The First of Long Island Corporation is fair to ConnectOne shareholders. Halper Sadeh encourages ConnectOne shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ConnectO.
Positive
Reuters
3 months ago
ConnectOne Bancorp to buy First of Long Island in $284 mln deal
ConnectOne Bancorp has agreed to buy smaller peer First of Long Island in an all-stock deal valued at $284 million, the companies said on Thursday.
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