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New Jersey-based commercial bank serving businesses in the New York City metropolitan area.
New Jersey-based commercial bank serving businesses in the New York City metropolitan area.
Earns most of its income from the gap between what it charges on loans, chiefly commercial real estate and business loans, and what it pays on deposits. It took its present form in 2014 when Center Bancorp merged with ConnectOne, and has since added smaller banks.
Moat: narrow (scale, distribution). Dense New Jersey/NYC metro commercial banking relationships built through organic growth.
Headquarters: Englewood Cliffs, New Jersey, US · Founded: 2005 · Employees: 756
Size ConnectOne Bancorp (CNOB) is a United States Financials company (Regional Banks) with a market value of $1.63B, the 1934th largest of 3,117 United States companies the cockpit tracks. Shares closed at $32.42 on 6 Nov 2026.
Performance Over six months the shares gained 7.9%, against +0.1% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 24.3% over the last twelve months (peer median +3.0%); the operating margin is 46.4% (peer median 39.0%).
Valuation It trades at 1.10× book value against a peer median of 0.87× (8th most expensive of 21).
Price implies The share price implies a return on equity of about 10.7%; ConnectOne Bancorp delivers 9.6%, so the price asks more than the business earns today.
Credit ConnectOne Bancorp has 1 bond outstanding ($200M).
Short interest Short interest is 4.1% of the free float (15 Oct 2026).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $770M | $680M | $535M | $504M | $387M |
| Revenue growth | — | +27% | +6% | +30% | — |
| Net income | $150M | $80.3M | $73.6M | $86.8M | $125M |
| Free cash flow | $179M | $101M | $56.9M | $85.5M | $173M |
| Capital expenditure | $4.19M | $5.39M | $3.79M | $7.43M | $33.3M |
| Total debt | $1.31B | $1.14B | $784M | $1.03B | $1.02B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| ConnectOne Bancorp CNOB | $1.63B | +8% | +24% | 10% | 1.10× | 10.7% |
| Dime Commercial Bancshares DCOM | $1.85B | +13% | +14% | 9% | 1.39× | 12.4% |
| Valley National Bancorp VLY | $7.75B | +5% | +3% | 9% | 1.03× | 10.6% |
| Provident Financial Services PFS | $2.99B | +2% | +4% | 11% | 1.05× | 9.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CNOB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.3% | -0.1% | 2nd highest of 21 |
| 6-month return | +7.9% | +0.1% | 5th highest of 21 |
| Return on equity | 9.6% | 10.1% | 10th lowest of 21 |
| Price / book | 1.10× | 0.87× | 8th most expensive of 21 |
| Trailing P/E | 11.3× | 12.1× | 8th cheapest of 19 |
| ROE the price implies | 10.7% | 6.1% | 4th most demanding of 21 |
| ROE delivered | 9.6% | 10.4% | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| ConnectOne Bancorp CNOB | United States | $1.63B | +8% | +24% | 10% | 1.10× | 10.7% | 9.6% |
| National Bank NBHC | United States | $1.63B | -14% | +14% | 4% | 1.01× | 9.0% | 3.6% |
| Bank First BFC | United States | $1.64B | +1% | +33% | 12% | 1.98× | 10.9% | 11.9% |
| Origin Bancorp OBK | United States | $1.64B | +14% | +5% | 10% | 1.29× | 10.1% | 10.4% |
| Jiangsu Zhangjiagang Rural Commercial Bank 002839.SZ | China | $1.61B | -4% | -10% | 11% | 0.54× | 2.6% | 10.6% |
| Nanto Bank 8367.T | Japan | $1.65B | +7% | +13% | 6% | 0.81× | 5.9% | 6.1% |
| Zhejiang Shaoxing Ruifeng Rural Commercial Bank 601528.SS | China | $1.60B | +4% | -8% | 10% | 0.51× | 3.4% | 9.9% |
| Bank of Nagoya 8522.T | Japan | $1.67B | -8% | +25% | 7% | 0.83× | 6.1% | 7.3% |
| TriCo Bancshares TCBK | United States | $1.67B | +2% | +4% | 11% | 1.26× | 9.6% | 10.6% |
| Republic Bancorp RBCAA | United States | $1.59B | +17% | -2% | 12% | 1.52× | 10.1% | 11.5% |
| Keiyo Bank 8544.T | Japan | $1.58B | -1% | +19% | 6% | 0.78× | 6.9% | 5.7% |
| Live Oak Bancshares LOB | United States | $1.57B | -10% | +9% | 11% | 1.30× | 17.1% | 11.1% |
| Byline Bancorp BY | United States | $1.70B | +15% | +2% | 12% | 1.34× | 10.3% | 12.3% |
| Yibin City Commercial Bank 2596.HK | Hong Kong | $1.55B | +2% | +6% | 6% | 0.91× | 5.1% | 5.5% |
| K Bank 279570.KS | South Korea | $1.53B | -18% | 0% | 6% | 0.93× | 5.3% | n/a |
| Bank of Tianjin 1578.HK | Hong Kong | $1.52B | -22% | -4% | 5% | 0.14× | 3.3% | 5.2% |
| Ogaki Kyoritsu Bank 8361.T | Japan | $1.75B | +45% | +39% | 6% | 0.66× | 6.1% | 5.6% |
| Lakeland Financial LKFN | United States | $1.51B | -1% | +2% | 15% | 2.07× | 14.8% | 15.4% |
| Bank of Guizhou 6199.HK | Hong Kong | $1.77B | -4% | -2% | 8% | 0.24× | 3.6% | 8.0% |
| Jiangsu Jiangyin Rural Commercial Bank 002807.SZ | China | $1.77B | +5% | -3% | 10% | 0.57× | 2.9% | 10.5% |
| Jiangsu Suzhou Rural Commercial Bank 603323.SS | China | $1.50B | -1% | -7% | 11% | 0.49× | 2.3% | 10.7% |
ConnectOne Bancorp has 1 bond outstanding with $200M face value.