Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.25
CNOB's Cash to Debt is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.25 )
CNOB' s 10-Year Cash to Debt Range
Min: 0.24   Max: No Debt
Current: 0.25

Equity to Asset 0.10
CNOB's Equity to Asset is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.10 )
CNOB' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.12
Current: 0.1

0.08
0.12
Interest Coverage 2.59
CNOB's Interest Coverage is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 2.59 )
CNOB' s 10-Year Interest Coverage Range
Min: 1.31   Max: 2.59
Current: 2.59

1.31
2.59
Z-Score: 0.14
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 39.98
CNOB's Operating margin (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 39.98 )
CNOB' s 10-Year Operating margin (%) Range
Min: 33.35   Max: 39.98
Current: 39.98

33.35
39.98
Net-margin (%) 24.44
CNOB's Net-margin (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 24.44 )
CNOB' s 10-Year Net-margin (%) Range
Min: 19.86   Max: 24.44
Current: 24.44

19.86
24.44
ROE (%) 7.89
CNOB's ROE (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 7.89 )
CNOB' s 10-Year ROE (%) Range
Min: 7.89   Max: 11.72
Current: 7.89

7.89
11.72
ROA (%) 0.83
CNOB's ROA (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.83 )
CNOB' s 10-Year ROA (%) Range
Min: 0.79   Max: 0.91
Current: 0.83

0.79
0.91
ROC (Joel Greenblatt) (%) 223.27
CNOB's ROC (Joel Greenblatt) (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 223.27 )
CNOB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 93.64   Max: 223.27
Current: 223.27

93.64
223.27
» CNOB's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

CNOB Guru Trades in Q2 2013

Jim Simons 80,936 sh (+18.44%)
Leon Cooperman 545,000 sh (unchged)
» More
Q3 2013

CNOB Guru Trades in Q3 2013

Scott Black 19,887 sh (New)
Jim Simons 101,836 sh (+25.82%)
Leon Cooperman 545,000 sh (unchged)
» More
Q4 2013

CNOB Guru Trades in Q4 2013

John Keeley 11,500 sh (New)
Jim Simons 115,236 sh (+13.16%)
Scott Black 20,257 sh (+1.86%)
Leon Cooperman 545,000 sh (unchged)
» More
Q1 2014

CNOB Guru Trades in Q1 2014

Jim Simons 10,537 sh (New)
Jim Simons 204,173 sh (+77.18%)
John Keeley 11,500 sh (unchged)
Leon Cooperman 545,000 sh (unchged)
Scott Black Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CNOB

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Scott Black 2014-03-31 Sold Out 0.04%$16.84 - $19.4 $ 20.0310%0
John Keeley 2013-12-31 New Buy$13.96 - $19.67 $ 20.0324%11500
Scott Black 2013-09-30 New Buy0.03%$12.95 - $15.24 $ 20.0339%19887
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 9.90
CNOB's P/E(ttm) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 9.90 )
CNOB' s 10-Year P/E(ttm) Range
Min: 9.9   Max: 24.54
Current: 9.9

9.9
24.54
P/B 0.80
CNOB's P/B is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.80 )
CNOB' s 10-Year P/B Range
Min: 0.8   Max: 1.92
Current: 0.8

0.8
1.92
P/S 2.30
CNOB's P/S is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 2.30 )
CNOB' s 10-Year P/S Range
Min: 2.3   Max: 5.83
Current: 2.3

2.3
5.83
PFCF 8.00
CNOB's PFCF is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 8.00 )
CNOB' s 10-Year PFCF Range
Min: 6.2   Max: 19.85
Current: 8

6.2
19.85
EV-to-EBIT 14.05
CNOB's EV-to-EBIT is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 14.05 )
CNOB' s 10-Year EV-to-EBIT Range
Min: 8.1   Max: 23.4
Current: 14.05

8.1
23.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.80
CNOB's Price/Tangible Book is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.80 )
CNOB' s 10-Year Price/Tangible Book Range
Min: 1.24   Max: 1.88
Current: 0.8

1.24
1.88
Price/Median PS Value 0.60
CNOB's Price/Median PS Value is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.60 )
CNOB' s 10-Year Price/Median PS Value Range
Min: 0.72   Max: 1.42
Current: 0.6

0.72
1.42
Price/Graham Number 0.60
CNOB's Price/Graham Number is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 0.60 )
CNOB' s 10-Year Price/Graham Number Range
Min: 0.95   Max: 1.41
Current: 0.6

0.95
1.41
Earnings Yield (Greenblatt) 7.00
CNOB's Earnings Yield (Greenblatt) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. CNOB: 7.00 )
CNOB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.3   Max: 12.4
Current: 7

4.3
12.4

Business Description

Industry: »
Compare: » details
ConnectOne Bancorp Inc is a New Jersey corporation formed in 2008 to become the holding company for ConnectOne Bank. Its activity is ownership and control of the Bank. The Bank offers a range of deposit and loan products. In addition, to attract the business of consumer and business customers, it also provides an array of other banking services. Products and services provided include personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, credit cards, wire transfers, access to automated teller services, internet banking, Treasury Direct, ACH origination, lockbox services and mobile banking by phone. In addition, the Bank offers safe deposit boxes. The Bank also offers remote deposit capture banking for both retail and business customers, providing the ability to electronically scan and transmit checks for deposit, reducing time and cost. Checking consists of both retail and business demand deposit products. Retail products include Totally Free checking and, for businesses, both interest-bearing accounts, which require a minimum balance, and non-interest bearing accounts. NOW accounts consist of both retail and business interest- bearing transaction accounts that have minimum balance requirements. Money market accounts consist of products that provide a market rate of interest to depositors but have limited check writing capabilities. Its savings accounts consist of both passbook and statement type accounts. Time deposits consist of certificates of deposit, including those held in IRA accounts, generally with initial maturities ranging from 7 days to 60 months and brokered certificates of deposit, which the Company uses for asset liability management purposes and to supplement other sources of funding. Deposits serve as the main source of funding for the Bank's interest-earning assets, but also generate non-interest revenue through insufficient funds fees, stop payment fees, safe deposit rental fees, card income, including foreign ATM fees and credit and debit card interchange, gift card fees, and other miscellaneous fees. In addition, the Bank generates additional non-interest revenue associated with residential loan origination and sale, loan servicing, late fees and merchant services. The Bank offers personal and commercial business loans on a secured and unsecured basis, revolving lines of credit, commercial mortgage loans, and residential mortgages on both primary and secondary residences, home equity loans, bridge loans and other personal purpose loans. However, the Bank is not and has not been a participant in the sub-prime lending market. The Company's business model includes using industry best practices for community banks, including personalized service, state-of-the-art technology and extended hours. It competes with numerous commercial banks, savings banks and savings and loan associations, many of which have assets, capital and lending limits larger than those
» More Articles for CNOB

Headlines

Articles On GuruFocus.com
Weekly CEO Buys Highlight: KEG, ANCX, CNOB, BLMT, NEM May 06 2013 
Insider Buys at 52-Week Lows May 04 2013 

More From Other Websites
[video] What the banks need Jul 15 2014
[video] ConnectOne Sees Opportunity in Construction: CEO Jul 02 2014
Weakness Seen in ConnectOne (CNOB): Stock Tanks 59.9% Jul 02 2014
ConnectOne Bancorp, Inc. Completes Merger Jul 01 2014
ConnectOne Bancorp, Inc. Completes Merger Jul 01 2014
ConnectOne Upped to Strong Buy Jun 27 2014
Community Financial (TCFC) Jumps: Stock Adds 6.8% in Session Jun 27 2014
Zacks Rank #1 Additions for Thursday Jun 26 2014
CONNECTONE BANCORP, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders,... Jun 24 2014
ConnectOne Bancorp, Inc. and Center Bancorp, Inc. Shareholders Approve Merger Jun 24 2014
LCNB Corp. (LCNB) Crumbles: Stock Falls 6.1% in Session Jun 24 2014
CONNECTONE BANCORP, INC. Files SEC form 8-K, Other Events May 29 2014
CONNECTONE BANCORP, INC. Financials May 20 2014
CONNECTONE BANCORP, INC. Files SEC form 8-K, Other Events May 14 2014
CONNECTONE BANCORP, INC. Files SEC form 10-Q, Quarterly Report May 12 2014
CONNECTONE BANCORP, INC. Files SEC form 8-K, Shareholder Director Nominations May 01 2014
CONNECTONE BANCORP, INC. Files SEC form 8-K, Other Events Apr 30 2014
ConnectOne Bancorp: Upcoming Merger Provides Fuel For Continued Rapid Growth Apr 29 2014
ConnectOne Bancorp Announces Shareholder Litigation Voluntarily Dismissed by Plaintiffs Apr 29 2014
CONNECTONE BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition,... Apr 24 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide