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ConnectOne Bancorp, Inc. · NASDAQ · Financial Services
Browse public CNOB signals with their source context and measured market impact. Open any signal for its permanent analysis page.
CNOB shares upgraded to Outperform with a price target increase to $32. Stock is trading at a notable discount to peers and historical medians. Key positives include merger accretion and organic NIM expansion. CNOB ranks in the top decile for growth metrics through 2026. Initial merger integration efforts reported to be progressing smoothly.
View signal analysisCNOB reported Q2 earnings of $0.46, beating estimates by 15%. Quarterly revenues were $65.84 million, slightly above expectations. CNOB's earnings outlook shows unfavorable estimate revisions, rated Zacks #5. Shares have underperformed the market, gaining 1.4% vs S&P 500's 13.8%. The industry outlook remains strong, with CNOB in the top 20%.
View signal analysis- ConnectOne Bancorp's revenue for March 2024 was $64.15 million, down 8.2% YoY. - EPS for the same period was $0.41, below the year-ago quarter's $0.59. - Operating metrics like Efficiency Ratio and Net Interest Margin showed mixed performance. - Stock returns at +1.9% over a month, with a Zacks Rank #4 (Sell). - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
View signal analysis- ConnectOne Bancorp missed earnings estimate at $0.41 per share, down from $0.59 last year. - Revenue for the quarter was $64.15 million, beating estimates by 0.34%. - Company's stock has decreased by 13.9% this year compared to S&P 500's 6.3% gain. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
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