GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ConnectOne Bancorp Inc (NAS:CNOB) » Definitions » Gross-Profit-to-Asset %

ConnectOne Bancorp (ConnectOne Bancorp) Gross-Profit-to-Asset % : 2.70% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is ConnectOne Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. ConnectOne Bancorp's annualized Gross Profit for the quarter that ended in Dec. 2023 was $264.1 Mil. ConnectOne Bancorp's average Total Assets over the quarter that ended in Dec. 2023 was $9,767.2 Mil. Therefore, ConnectOne Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 2.70%.


ConnectOne Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for ConnectOne Bancorp's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ConnectOne Bancorp Gross-Profit-to-Asset % Chart

ConnectOne Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 3.68 3.55 3.55 2.76

ConnectOne Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 2.73 2.72 2.70 2.60

Competitive Comparison of ConnectOne Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, ConnectOne Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ConnectOne Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ConnectOne Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ConnectOne Bancorp's Gross-Profit-to-Asset % falls into.



ConnectOne Bancorp Gross-Profit-to-Asset % Calculation

ConnectOne Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=269.107/( (9644.948+9855.603)/ 2 )
=269.107/9750.2755
=2.76 %

ConnectOne Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=264.124/( (9678.885+9855.603)/ 2 )
=264.124/9767.244
=2.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


ConnectOne Bancorp Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of ConnectOne Bancorp's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


ConnectOne Bancorp (ConnectOne Bancorp) Business Description

Traded in Other Exchanges
Address
301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.
Executives
Stephen T. Boswell director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
William Thompson director C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Daniel E Rifkin director C/O CONNECTONE BANK, 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Christopher J. Ewing officer: EVP & Chief Operations Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Katherin Nukk-freeman director C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Joseph Jr. Parisi director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Sorrentino director, officer: Chairman, President & CEO CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Anson M. Moise director C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Michael O'malley officer: EVP & Chief Risk Officer C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Huttle director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank W Baier director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Mark Sokolich director 204 MAIN STREET, FORT LEE NJ 07024
William S Burns officer: EVP & Chief Financial Officer C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Laura Criscione officer: EVP & Chief Compliance Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632