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CNOB

ConnectOne Bancorp Inc.

$27.95

Earnings Summary

Revenue
$78.95Mn
Net Profits
$32.36Mn
Net Profit Margins
40.99%
PE Ratio
9.15

Highlights

Revenue:

ConnectOne Bancorp Inc.’s revenue jumped 17% since last year same period to $78.95Mn in the Q2 2022. On a quarterly growth basis, ConnectOne Bancorp Inc. has generated 7.54% jump in its revenue since last 3-months.

Net Profits:

ConnectOne Bancorp Inc.’s net profit jumped 0.43% since last year same period to $32.36Mn in the Q2 2022. On a quarterly growth basis, ConnectOne Bancorp Inc. has generated 3.11% jump in its net profits since last 3-months.

Net Profit Margins:

ConnectOne Bancorp Inc.’s net profit margin fell -14.16% since last year same period to 40.99% in the Q2 2022. On a quarterly growth basis, ConnectOne Bancorp Inc. has generated -4.12% fall in its net profit margins since last 3-months.

PE Ratio:

ConnectOne Bancorp Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 9.15.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the ConnectOne Bancorp Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.77
EPS Estimate Current Year
0.77

Highlights

EPS Estimate Current Quarter:

ConnectOne Bancorp Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.77 - a 1.32% jump from last quarter’s estimates.

EPS Estimate Current Year:

ConnectOne Bancorp Inc.’s earning per share (EPS) estimates for the current year stand at 0.77.

Key Ratios

Key ratios of the ConnectOne Bancorp Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
0.78
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.57

Highlights

Earning Per Share (EPS):

ConnectOne Bancorp Inc.’s earning per share (EPS) fell -3.7% since last year same period to 0.78 in the Q2 2022. This indicates that the ConnectOne Bancorp Inc. has generated -3.7% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. ConnectOne Bancorp Inc.’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. ConnectOne Bancorp Inc.’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

ConnectOne Bancorp Inc. declared 0.57 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.75
0.75
0%
2022-06-30
0.76
0.78
2.63%

Company Information

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.

Organisation
ConnectOne Bancorp Inc.
Headquarters
Englewood Cliffs, New Jersey, US
Employees
411
Industry
Finance
CEO
Frank Sorrentino