ConnectOne Bancorp (CNOB)

ConnectOne Bancorp, Inc., through its subsidiary, ConnectOne Bank offers a full suite of both commercial and consumer banking and lending products and services through its banking offices located across New York and New Jersey.

Company profile

Ticker

CNOB, CNOBP

Exchange

NASDAQ

Website

www.connectonebank.com

CEO

Frank Sorrentino

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Popular • Fifth Third Bancorp • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

Former names

CENTER BANCORP INC

SEC CIK

0000712771

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Union Investment Co. • Center Financial Group, LLC • Center Advertising Corporation • Morris Property Company, LLC • Twin Bridge Investment Co. • Volosin Holdings, LLC • ConnectOne Preferred Funding Corp. • NJCB Spec-1, LLC • BoeFly, Inc. ...

IRS number

521273725

CNOB stock data

1M 1Y 5Y

News

From Benzinga Pro

Raymond James Maintains Outperform on ConnectOne Bancorp, Lowers Price Target to $33

29 Apr 22

Raymond James analyst William Wallace maintains ConnectOne Bancorp (NASDAQ:CNOB) with a Outperform and lowers the price target from $38 to $33.

Recap: ConnectOne Bancorp Q1 Earnings

28 Apr 22

ConnectOne Bancorp (NASDAQ:CNOB) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

ConnectOne Bancorp Q1 EPS $0.75, Inline

28 Apr 22

ConnectOne Bancorp (NASDAQ:CNOB) reported quarterly earnings of $0.75 per share which met the analyst consensus estimate. This is a 8.54 percent decrease over earnings of $0.82 per share from the same period last year.

Earnings Scheduled For April 28, 2022

28 Apr 22

How To Attend ConnectOne Bancorp Q1 2022 Earnings Conference Call

22 Apr 22

Press releases

From Benzinga Pro

ConnectOne Bancorp, Inc. Reports First Quarter 2022 Results; Tangible Book Value Per Share Increases 2%; Declares 19% Increase in Common Dividend

28 Apr 22

ENGLEWOOD CLIFFS, N.J., April 28, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to

ConnectOne Bank Announces Membership in USDF Consortium

9 Mar 22

ENGLEWOOD CLIFFS, N.J., March 09, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bank, the insured depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ:CNOB), announced today its membership in the USDF Consortium, an

Analyst ratings and price targets

Last 3 months

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

6 May 22

17 May 22

31 Dec 22

Financial summary

Financial statements Chart CNOB financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

CNOB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 Apr 22	Huttle Frank III	Common Stock	Grant	Acquire A	No	No	6.99	1,578	11.03K	77,001
20 Apr 22	Huttle Frank III	Stock Option Common Stock	Option exercise	Dispose M	No	No	6.99	1,578	11.03K	0
14 Apr 22	Kempner Michael W	Common Stock	Option exercise	Acquire M	No	No	6.99	1,578	11.03K	358,674
14 Apr 22	Kempner Michael W	Stock Option Common Stock	Option exercise	Dispose M	No	No	6.99	1,578	11.03K	0
25 Mar 22	Sorrentino Frank III	Common Stock	Grant	Acquire A	No	No	0	22,637	0	771,943
25 Mar 22	Sorrentino Frank III	Common Stock	Payment of exercise	Dispose F	No	No	32.8	14,719	482.78K	749,306
25 Mar 22	Sorrentino Frank III	Common Stock	Grant	Acquire A	No	No	0	24,531	0	764,025
25 Mar 22	Burns William S	Common Stock	Grant	Acquire A	No	No	0	6,380	0	97,130
25 Mar 22	Burns William S	Common Stock	Payment of exercise	Dispose F	No	No	32.8	3,788	124.25K	90,750
25 Mar 22	Burns William S	Common Stock	Grant	Acquire A	No	No	0	7,577	0	94,528

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q4 2021

CNOB institutional ownership history Ownership history

67.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	152	140	+8.6%
Opened positions	21	17	+23.5%
Closed positions	9	11	-18.2%
Increased positions	46	47	-2.1%
Reduced positions	47	52	-9.6%

13F shares	Current	Prev Q	Change
Total value	5.12B	4.02B	+27.4%
Total shares	26.72M	26.41M	+1.2%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	2.87M	$93.95M	+2.0%
Dimensional Fund Advisors	2.34M	$76.43M	-0.7%
Vanguard	1.83M	$59.89M	+1.0%
William Blair Investment Management	1.76M	$57.5M	-7.9%
GS Goldman Sachs	1.56M	$50.91M	+1.1%
FMR	1.42M	$46.31M	-8.5%
STT State Street	974.18K	$31.87M	-2.4%
Nuveen Asset Management	900.9K	$29.47M	-5.8%
Kennedy Capital Management	701.85K	$22.96M	-3.4%
Geode Capital Management	635.25K	$20.78M	+0.9%

Largest transactions	Shares	Bought/sold	Change
BMO Bank of Montreal	0	-340.7K	EXIT
Millennium Management	289.03K	+254.51K	+737.4%
Hotchkis & Wiley Capital Management	0	-254.28K	EXIT
William Blair Investment Management	1.76M	-150.56K	-7.9%
River Oaks Capital	138K	+138K	NEW
AMP Ameriprise Financial	366.48K	+134.63K	+58.1%
JPM JPMorgan Chase & Co.	611.26K	+132.8K	+27.8%
FMR	1.42M	-130.9K	-8.5%
Wedge Capital Management L L P	126.07K	+126.07K	NEW
SEIC SEI Investments	203.51K	+103.98K	+104.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Bad

New words: began, CET, commensurate, conflict, Delaware, depositary, dissolution, introduced, lease, negotiated, open, paydown, payroll, rollforward, Russia, seasonal, strong, Ukraine, Vintage

Removed: accelerated, accounted, accrete, accreted, acquiree, adjusted, AFS, aggregating, alternative, amortizing, analyzed, arise, assigned, assist, assumed, callable, capitalization, carry, categorized, chosen, collect, collecting, collective, combination, conclude, confirmed, consist, construction, contingent, core, coverage, deducted, deductible, deferment, delinquent, deterioration, development, disposition, doubt, downgrade, driven, earliest, economy, estimating, event, exceed, exist, existed, expect, family, forced, fourth, frequently, good, HTM, identifiable, identification, impacted, impaired, implemented, inception, incorporate, insignificant, intent, interagency, July, land, life, long, managed, marketing, methodology, mirrored, modify, monitor, negatively, original, outlook, PCD, personal, pool, pooled, postretirement, project, prospective, rated, rating, reassessed, recognition, recover, redeemed, referred, refinance, reorganization, replaced, requirement, retrospective, revert, reviewed, secondarily, separate, service, shortfall, specifically, sponsor, standby, sufficient, System, test, tested, trade, transition, travel, unable, uncollectibility, unemployment, unique, unknown, utilized, variability, warrant, working, worse

From filing 10-Q 2022 Q1

Financial reports

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