ConnectOne Bancorp (CNOB) to Release Earnings on Thursday

ConnectOne Bancorp (NASDAQ:CNOBGet Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect ConnectOne Bancorp to post earnings of $0.46 per share and revenue of $67.90 million for the quarter.

ConnectOne Bancorp (NASDAQ:CNOBGet Free Report) last released its quarterly earnings results on Thursday, January 30th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.10. ConnectOne Bancorp had a net margin of 13.80% and a return on equity of 6.77%. On average, analysts expect ConnectOne Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ConnectOne Bancorp Trading Down 0.8 %

CNOB opened at $21.38 on Tuesday. ConnectOne Bancorp has a twelve month low of $17.07 and a twelve month high of $29.31. The company has a fifty day moving average of $23.66 and a 200-day moving average of $24.68. The stock has a market cap of $822.49 million, a PE ratio of 12.08 and a beta of 1.09. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07.

ConnectOne Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.72 dividend on an annualized basis and a yield of 3.37%. ConnectOne Bancorp’s payout ratio is currently 40.68%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised ConnectOne Bancorp from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $31.00 to $32.00 in a research note on Wednesday, March 26th.

Read Our Latest Analysis on CNOB

About ConnectOne Bancorp

(Get Free Report)

ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.

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Earnings History for ConnectOne Bancorp (NASDAQ:CNOB)

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