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ConnectOne Bancorp (FRA:CBM) Scaled Net Operating Assets : 0.13 (As of Mar. 2024)


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What is ConnectOne Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ConnectOne Bancorp's operating assets for the quarter that ended in Mar. 2024 was €8,240.4 Mil. ConnectOne Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was €7,054.0 Mil. ConnectOne Bancorp's Total Assets for the quarter that ended in Dec. 2023 was €9,037.6 Mil. Therefore, ConnectOne Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.13.

ConnectOne Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ConnectOne Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(8815.019-6980.932)/9104.831
=0.20

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9037.588 - 222.569
=8815.019

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7921.947 - 941.015 - 0
=6980.932

ConnectOne Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(8240.426-7053.988)/9037.588
=0.13

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9065.647 - 825.221
=8240.426

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7946.367 - 892.379 - 0
=7053.988

* 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.

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ConnectOne Bancorp (FRA:CBM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ConnectOne Bancorp Inc (FRA:CBM) » Definitions » Scaled Net Operating Assets
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PFC FMCB TMP DCOM FBMS BRKL AMAL FMBH CFFN CTBI NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
CNOB:USA
Address
301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
Website
https://www.connectonebank.com
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.