OverviewSuggest Edit

ConnectOne Bank provides personal and business banking products and services. Its personal banking products and services include personal checking and savings accounts; consumer loans, including mortgages, home equity loans, personal loans, overdraft protection, and auto loans; and online banking services. The Company also offers business checking, investment and cash management, and remote deposit capture services; wire tokens; mobile banking services; and business loans.

TypePublic
Founded2005
HQEnglewood Cliffs, US
Websiteconnectonebank.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2017)166
Job Openings8
Revenue (FY, 2018)$221.9 M(+18%)
Share Price (Mar 2019)$21.1

Key People/Management at ConnectOne Bancorp

Frank Sorrentino

Frank Sorrentino

Chairman & CEO
William Burns

William Burns

Executive Vice President & CFO
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ConnectOne Bancorp Office Locations

ConnectOne Bancorp has offices in Englewood Cliffs, West New York, Hackensack, New York and in 3 other locations
Englewood Cliffs, US (HQ)
301 Sylvan Ave
Cresskill, US
1 Union Ave
Englewood, US
12 E Palisade Ave
Fort Lee, US
899 Palisade Ave
Hackensack, US
142 John St
New York, US
551 Madison Ave #202
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ConnectOne Bancorp Financials and Metrics

ConnectOne Bancorp Revenue

ConnectOne Bancorp's revenue was reported to be $221.87 m in FY, 2018
USD

Revenue (FY, 2018)

221.9m

Gross profit (FY, 2018)

163.0m

Gross profit margin (FY, 2018), %

73.4%

Net income (FY, 2018)

60.4m

EBIT (FY, 2018)

136.1m

Market capitalization (13-Mar-2019)

748.9m

Closing stock price (13-Mar-2019)

21.1

Cash (31-Dec-2018)

172.4m

EV

705.1m
ConnectOne Bancorp's current market capitalization is $748.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

64.1m94.2m152.1m171.2m189.5m221.9m

Revenue growth, %

65%50%21%

Cost of goods sold

11.1m23.8m31.1m36.3m58.9m

Gross profit

53.0m128.3m140.1m153.3m163.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

37.6m40.0m39.7m41.6m46.8m44.1m45.1m48.1m51.9m106.4m

Cost of goods sold

5.5m6.5m7.2m7.6m8.2m7.9m8.6m9.3m12.3m26.5m

Gross profit

32.1m33.5m32.5m34.0m38.6m36.1m36.5m38.8m39.6m79.9m

Gross profit Margin, %

85%84%82%82%83%82%81%81%76%75%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

82.7m31.3m37.2m149.6m172.4m

Accounts Receivable

3.1b3.5b4.1b4.5b

Inventories

960.9m

PP&E

13.7m
Quarterly
USDQ3, 2013Q1, 2014Q3, 2015Q1, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

33.6m106.3m158.5m118.3m161.9m141.3m142.8m176.2m

Accounts Receivable

2.9b3.2b3.5b3.9b4.2b4.3b

Inventories

957.5m987.5m

PP&E

13.5m13.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

19.9m18.6m41.3m31.1m43.2m60.4m

Depreciation and Amortization

4.2m5.0m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

14.9m4.4m8.8m10.5m10.4m20.9m31.7m10.4m21.3m33.1m11.9m19.6m32.6m4.3m21.8m

Depreciation and Amortization

650.0k204.0k428.0k1.7m1.0m1.6m2.4m

Cash From Operating Activities

17.8m6.1m10.4m10.4m9.8m22.3m36.2m7.3m24.5m36.6m26.5m48.0m68.3m20.2m54.3m

Cash From Investing Activities

(94.9m)20.8m18.7m(38.9m)(96.4m)(217.3m)(366.3m)(153.6m)(269.8m)(274.0m)(88.6m)(333.2m)(508.7m)(77.8m)(166.0m)
USDY, 2018

EV/EBIT

5.2 x

EV/CFO

7.9 x

Financial Leverage

8.9 x
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ConnectOne Bancorp Operating Metrics

ConnectOne Bancorp's Total Loans was reported to be $3.8b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-accrual Loans

$11.61 m$14.59 m$12.15 m$12.89 m$20.74 m$21.45 m$21.91 m$11.49 m$5.73 m$12.79 m$14.06 m

Total Loans

$2.54 b$2.64 b$2.77 b$2.95 b$3.10 b$3.26 b$3.38 b$3.45 b$3.48 b$3.57 b$3.76 b
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ConnectOne Bancorp Online and Social Media Presence

Embed Graph
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ConnectOne Bancorp News and Updates

ConnectOne Bancorp, Inc. to Host 2018 Fourth Quarter Results Conference Call on January 24, 2019

ENGLEWOOD CLIFFS, N.J., Jan. 11, 2019 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the fourth quarter ended December 31, 2018 before the market opens…

ConnectOne Bancorp, Inc. Completes Merger With Greater Hudson Bank

ENGLEWOOD CLIFFS, N.J., Jan. 02, 2019 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported the completion of its previously announced merger with Greater Hudson Bank (OTCQX: GHDS) (“Greater Hudso…

ConnectOne Bancorp, Inc. to Host 2018 Third Quarter Results Conference Call on October 25, 2018

ENGLEWOOD CLIFFS, N.J., Oct. 11, 2018 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the third quarter ended September 30, 2018 before the market opens…
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ConnectOne Bancorp Frequently Asked Questions

  • When was ConnectOne Bancorp founded?

    ConnectOne Bancorp was founded in 2005.

  • Who are ConnectOne Bancorp key executives?

    ConnectOne Bancorp's key executives are Frank Sorrentino and William Burns.

  • How many employees does ConnectOne Bancorp have?

    ConnectOne Bancorp has 166 employees.

  • What is ConnectOne Bancorp revenue?

    Latest ConnectOne Bancorp annual revenue is $221.9 m.

  • What is ConnectOne Bancorp revenue per employee?

    Latest ConnectOne Bancorp revenue per employee is $1.3 m.

  • Who are ConnectOne Bancorp competitors?

    Competitors of ConnectOne Bancorp include First Defiance Financial, Royal Bank of Scotland and Home BancShares.

  • Where is ConnectOne Bancorp headquarters?

    ConnectOne Bancorp headquarters is located at 301 Sylvan Ave, Englewood Cliffs.

  • Where are ConnectOne Bancorp offices?

    ConnectOne Bancorp has offices in Englewood Cliffs, West New York, Hackensack, New York and in 3 other locations.

  • How many offices does ConnectOne Bancorp have?

    ConnectOne Bancorp has 7 offices.