CNOBNasdaqState Commercial BanksFiscal year ends December 31Also trades as CNOBP
ConnectOne Bancorp, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q/A on Aug 18, 2026
$30.18−0.26 (-0.85%)
Close on Oct 19, 2026
- Market cap
- $1.52B
- P/E (TTM)
- 9.9
- Dividend yield
- 2.39%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
20.7%−7.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +47.1% | +7.2% | +9.0% | +11.7% | |
| Net income | +9.0% | -13.7% | +2.4% | +6.9% | |
| EPS, diluted | -7.4% | -18.5% | -1.9% | +1.8% | |
| Free cash flow | +77.5% | -16.5% | +5.1% | +9.1% | |
| Dividend per share | +1.4% | +6.6% | +21.7% | +9.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.2% | 8.7% | 5.7% | |
| Return on assets | 0.7% | 1.0% | 0.7% | |
| Capex to revenue | 1.9% | 0.9% | 1.4% | |
| Diluted shares | – | 40M | 45M |
Where the cash went
Fiscal 2021 to 2025, five years combined
ConnectOne Bancorp generated $639.04M from operations and spent $194.61M on capital expenditure, dividends and share buybacks. 12% of that went back into the business.
Generated
$639.04M
Used
$194.61M
Capital expenditure$22.70M12%Dividends$126.07M65%Share buybacks$45.85M24%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin20.7%
×Asset turnover0.03×
×Equity multiplier8.48×
=Return on equity, FY20255.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 20.7% | 0.03× | 8.48× | 5.7% |
| FY2024 | 27.9% | 0.03× | 8.03× | 6.0% |
| FY2023 | 32.3% | 0.03× | 8.14× | 7.3% |
| FY2022 | 39.7% | 0.04× | 7.72× | 10.9% |
| FY2021 | 46.8% | 0.04× | 7.69× | 12.8% |
| FY2020 | 28.2% | 0.04× | 8.33× | 8.7% |
| FY2019 | 37.8% | 0.03× | 8.65× | 10.9% |
| FY2018 | 37.1% | 0.03× | 8.96× | 10.2% |
| FY2017 | 28.2% | 0.03× | 8.70× | 7.9% |
| FY2016 | 22.2% | 0.03× | 8.37× | 6.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$80.44M
- Cash generatingOperating cash flow above zero$106.40M
- Return on assets improvedROA up on the prior year0.7% → 0.8%
- Earnings backed by cashOperating cash flow above net income$106.40M vs $80.44M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise38M → 45M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.03 → 0.04