$605.7 M

CNOB Mkt cap, 04-Dec-2018

$106.4 M

ConnectOne Bancorp Revenue Q2, 2018
ConnectOne Bancorp Gross profit (Q2, 2018)79.9 M
ConnectOne Bancorp Gross profit margin (Q2, 2018), %75.1%
ConnectOne Bancorp Net income (Q2, 2018)21.8 M
ConnectOne Bancorp EBIT (Q2, 2018)58.2 M
ConnectOne Bancorp Cash, 30-Jun-2018176.2 M
ConnectOne Bancorp EV557.9 M

ConnectOne Bancorp Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

65%50%21%

Cost of goods sold

11.1m23.8m31.1m36.3m

Gross profit

53.0m128.3m140.1m153.3m

Gross profit Margin, %

83%84%82%81%

R&D expense

3.7m4.1m4.5m

General and administrative expense

3.5m7.6m8.6m8.2m

Operating expense total

3.5m11.3m12.7m12.7m

EBIT

46.2m117.2m130.1m139.1m

EBIT margin, %

72%77%76%73%

Pre tax profit

27.4m61.2m42.9m68.5m

Income tax expense

7.5m19.9m11.8m25.3m

Net Income

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

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%

Sales and marketing expense

6.9m7.8m7.8m8.6m

R&D expense

829.0k957.0k1.0m1.0m1.0m1.1m1.1m1.2m1.1m2.2m

General and administrative expense

1.8m1.9m2.2m2.2m2.0m2.3m2.0m2.0m2.1m4.2m

Operating expense total

9.6m9.8m10.9m10.9m10.8m11.6m11.8m3.1m3.3m6.4m

EBIT

28.7m29.7m31.3m32.4m33.0m32.0m33.7m35.6m20.3m58.2m

EBIT margin, %

76%74%79%78%71%73%75%74%39%55%

Pre tax profit

15.6m16.1m15.2m15.9m17.3m16.8m9.8m18.7m4.7m26.8m

Income tax expense

5.1m5.2m4.8m5.0m5.4m4.9m2.1m5.6m444.0k5.0m

Net Income

5.1m4.4m4.4m1.8m10.4m10.5m10.8m10.4m10.9m11.9m11.9m7.7m13.1m4.3m21.8m

ConnectOne Bancorp Balance Sheet

Annual

USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

82.7m31.3m37.2m149.6m

Accounts Receivable

3.1b3.5b4.1b

Inventories

960.9m

PP&E

13.7m

Goodwill

145.9m145.9m145.9m

Total Assets

1.7b4.0b4.4b5.1b

Accounts Payable

1.3b2.8b3.3b3.8b

Short-term debt

5.2m55.2m54.5m54.7m

Long-term debt

146.0m

Total Debt

151.2m55.2m54.5m54.7m

Total Liabilities

1.5b3.5b3.9b4.5b

Additional Paid-in Capital

5.0m8.5m11.4m13.6m

Retained Earnings

61.9m104.6m126.5m160.0m

Total Equity

168.6m477.3m531.0m565.4m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0 x

Financial Leverage

9.9 x8.4 x8.3 x9 x

ConnectOne Bancorp Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

4.2m5.0m

Accounts Receivable

11.7m

Inventories

Accounts Payable

Cash From Operating Activities

23.2m52.3m49.7m131.1m

Cash From Investing Activities

(77.6m)(509.9m)(427.7m)(817.7m)

Cash From Financing Activities

31.0m531.7m377.5m635.8m

Interest Paid

11.0m23.4m30.9m36.7m

Income Taxes Paid

4.7m17.9m22.9m16.2m

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

Accounts Receivable

388.0k264.0k

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)

Cash From Financing Activities

4.5m(3.4m)(19.2m)83.8m48.3m193.7m361.7m63.6m219.6m270.3m23.6m231.3m381.2m50.8m138.3m

Interest Paid

15.9m6.5m7.6m25.8m10.9m25.1m

Income Taxes Paid

2.6m4.7m5.5m12.5m17.0m10.2m14.7m18.2m55.0k3.1m4.7m1.2m1.5m

ConnectOne Bancorp Ratios

USDY, 2018

EV/EBIT

9.6 x

EV/CFO

10.3 x

Financial Leverage

9.1 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 Employee Rating

3.950 votes
Culture & Values
4.0
Work/Life Balance
4.0
Senior Management
4.0
Salary & Benefits
3.8
Career Opportunities
3.9
Source