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Upturn AI SWOT - About
CNOB 
ConnectOne Bancorp Inc (CNOB)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
08/28/2025: CNOB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $29.12
1 Year Target Price $29.12
| 3 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 6.55% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.29B USD | Price to earnings Ratio 31.15 | 1Y Target Price 29.12 |
Price to earnings Ratio 31.15 | 1Y Target Price 29.12 | ||
Volume (30-day avg) 4 | Beta 1.16 | 52 Weeks Range 20.31 - 28.69 | Updated Date 08/28/2025 |
52 Weeks Range 20.31 - 28.69 | Updated Date 08/28/2025 | ||
Dividends yield (FY) 2.80% | Basic EPS (TTM) 0.82 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 15.5% | Operating Margin (TTM) 18.02% |
Management Effectiveness
Return on Assets (TTM) 0.32% | Return on Equity (TTM) 2.76% |
Valuation
Trailing PE 31.15 | Forward PE 10.21 | Enterprise Value 1867187968 | Price to Sales(TTM) 5.35 |
Enterprise Value 1867187968 | Price to Sales(TTM) 5.35 | ||
Enterprise Value to Revenue 8.64 | Enterprise Value to EBITDA - | Shares Outstanding 50270200 | Shares Floating 47484310 |
Shares Outstanding 50270200 | Shares Floating 47484310 | ||
Percent Insiders 5.19 | Percent Institutions 70.62 |
Upturn AI SWOT
ConnectOne Bancorp Inc
Company Overview
History and Background
ConnectOne Bancorp, Inc. was founded in 2005 and is headquartered in Englewood Cliffs, New Jersey. It began as a single-branch community bank focused on serving small to medium-sized businesses and has grown through organic expansion and strategic acquisitions.
Core Business Areas
- Commercial Banking: Provides a range of commercial lending products, including term loans, lines of credit, and commercial real estate financing. Also offers deposit services, including checking, savings, and money market accounts, as well as cash management solutions.
- Retail Banking: Offers a variety of retail banking services, including checking and savings accounts, mortgages, home equity loans, and personal loans. This segment serves individuals and families within the bank's geographic footprint.
- SBA Lending: ConnectOne has a significant SBA lending program, offering government-guaranteed loans to small businesses. This segment is a key driver of loan growth and profitability.
Leadership and Structure
The leadership team is headed by Frank Sorrentino III (Chairman & CEO). The organizational structure includes executive management overseeing various departments, including lending, operations, finance, and compliance.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provide financing for the acquisition, construction, or renovation of commercial properties. Market share data is fragmented and regionally focused, with ConnectOne competing against larger national and regional banks. Competitors include regional banks like Valley National Bancorp (VLY) and larger national banks. Difficult to find market share numbers.
- SBA Loans: Offers SBA 7(a) and 504 loans to small businesses. Market share is competitive within the SBA lending space. Competitors include Live Oak Bancshares (LOB) and other community banks specializing in SBA lending. Difficult to find market share numbers.
- Commercial & Industrial (C&I) Loans: Offer loans to businesses for working capital, equipment purchases, and other operational needs. Market share is regional and varies based on industry. Competitors include larger regional and national banks like PNC Financial Services Group (PNC). Difficult to find market share numbers.
Market Dynamics
Industry Overview
The banking industry is currently facing challenges related to rising interest rates, increased competition from fintech companies, and regulatory changes. Community banks are focused on maintaining net interest margins and managing credit risk.
Positioning
ConnectOne positions itself as a relationship-focused bank serving small to medium-sized businesses. Its competitive advantages include its local market knowledge, SBA lending expertise, and strong customer service.
Total Addressable Market (TAM)
The TAM for commercial banking in ConnectOne's operating region is estimated to be in the billions of dollars. ConnectOne's positioning allows it to capture a portion of this market by focusing on underserved businesses and offering specialized lending products. Hard to get accurate figure without a specific market, but generally commercial banking is very large.
Upturn SWOT Analysis
Strengths
- Strong SBA lending program
- Experienced management team
- Relationship-focused banking model
- Strategic branch locations
- Strong capital position
Weaknesses
- Limited geographic diversification
- Reliance on commercial real estate lending
- Smaller size compared to larger competitors
- Higher cost of deposits compared to larger players
- Susceptible to economic downturns
Opportunities
- Expansion into new markets
- Increased adoption of digital banking services
- Strategic acquisitions
- Growth in the SBA lending market
- Opportunity to take market share from larger banks who are struggling
Threats
- Rising interest rates
- Increased competition from fintech companies
- Regulatory changes
- Economic downturn
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- Valley National Bancorp (VLY)
- OceanFirst Financial Corp. (OCFC)
- Lakeland Bancorp, Inc. (LBAI)
Competitive Landscape
ConnectOne competes effectively against larger regional banks by offering personalized service and specialized lending products. However, it faces challenges related to its smaller size and limited geographic diversification.
Major Acquisitions
Greater Hudson Bank
- Year: 2018
- Acquisition Price (USD millions): 77.3
- Strategic Rationale: Expanded ConnectOne's presence in the Hudson Valley region of New York.
BoeFly LLC
- Year: 2020
- Acquisition Price (USD millions): Not Available
- Strategic Rationale: Acquisition of BoeFly expands ConnectOne's digital footprint.
Growth Trajectory and Initiatives
Historical Growth: ConnectOne has experienced consistent growth in assets, loans, and deposits over the past years, driven by organic expansion and strategic acquisitions.
Future Projections: Analyst estimates suggest continued growth in earnings and assets, driven by loan growth and improved efficiency ratios. Need to review more recent estimates.
Recent Initiatives: Recent initiatives include investments in digital banking technology and expansion into new markets.
Summary
ConnectOne Bancorp is a strategically positioned community bank with a focus on SBA lending and relationship-based banking. Its strengths lie in its experienced management, strong SBA program, and strategic branch locations. The company should watch out for rising interest rates and increased competition. ConnectOneu2019s investments in digital banking are helpful to compete in today's market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- FDIC Data
- Yahoo Finance
- MarketWatch
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market share data may vary depending on the source and methodology.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ConnectOne Bancorp Inc
Exchange NASDAQ | Headquaters Englewood Cliffs, NJ, United States | ||
IPO Launch date 1996-06-24 | Chairman, President & CEO Mr. Frank S. Sorrentino III | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 489 | Website https://www.connectonebank.com |
Full time employees 489 | Website https://www.connectonebank.com | ||
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 United States. 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. It also provides retirement accounts, consumers and cash management services for business clients, including treasury direct, automated clearing house, remote deposit capture, and digital invoicing. In addition, the company offers consumer and commercial business loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, and other personal loans; commercial loans secured by collateral, such as business assets comprising accounts receivable, inventory and equipment, and mortgages filed on commercial and residential real estate, as well as cash balances and marketable securities. Further, the company provides real estate loans, which includes loans secured by first liens on completed commercial properties, including multi-family properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominium; and cooperative residential real estate loans. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
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