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ConnectOne Bancorp

CNOBP
64
Banks - Regional · Financial Services
Price
$25.11
+0.00 (+0.01%)
Market Cap
$1.65B
Exchange
NASDAQ Global Select
Winston Score
64
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 26, 2026 · filings through Jun 30, 2026
How the score breaks down
Growth
Strong
Valuation
Good
Dividends
Good

Share count rising — dilution

+24.5% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 40.5M (2021) → 50.4M (2025)

Winston Score History

The full picture

ConnectOne Bancorp, Inc., established in 1982 and headquartered in Englewood Cliffs, New Jersey, functions as the holding company for ConnectOne Bank. The bank delivers a broad spectrum of commercial banking services and products, catering to small and medium-sized businesses, local professionals, and individual clients across Northern New Jersey, the New York Metropolitan area, and the South Florida region. Its financial offerings include various deposit accounts such as personal and business checking, retirement, money market, time deposits, and savings accounts. Lending solutions comprise both secured and unsecured consumer and commercial business loans, revolving lines of credit, commercial and residential mortgages (for primary and secondary residences), home equity loans, bridge loans, other personal purpose loans, and commercial construction and real estate financing. Furthermore, ConnectOne Bank provides a suite of complementary services, including check cards, ATM cards, credit cards, wire transfers, automated teller machine access, internet banking, treasury direct services, automated clearing house (ACH) origination, mobile banking, safe deposit boxes, and remote deposit capture. The company operates an extensive physical network, encompassing eight banking offices in Bergen County, five in Union County, and one each in Morris, Essex, Hudson, and Monmouth counties in New Jersey. Its New York presence includes a branch in Manhattan, one in Nassau County on Long Island, a location in Astoria, and five branches throughout the Hudson Valley. Additionally, a financial center serves clients in West Palm Beach, Palm Beach County, Florida. Notably, the company rebranded from Center Bancorp, Inc. to ConnectOne Bancorp, Inc. in July 2014.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-80.5% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+240.4% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Cash Position

Cash flow positive

$12.9B cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

ConnectOne Bancorp's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Bank Quality

Not applicable for this business.

Growth

Sales growth
Sales YoY
+11.9%
Steady sales growth (+11.9% YoY)
Profit growth
EPS YoY
+312.2%
Earnings growing fast (+312.2% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Capital Strength

Not applicable for this business.

Asset Quality

Not applicable for this business.

Valuation

Price vs profit
P/E Ratio (TTM)
7.4x
Attractive valuation — P/E 7.4

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
-1.8
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend
Dividend Yield
5.23%
Healthy income — 5.23% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
+0.0%
Dividend flat

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