ConnectOne Bancorp, Inc.

ConnectOne Bancorp, Inc. (CNOB) is currently classified as Commercial Banks within Banks (Financials). Classification confidence: 0.98 (rule-based classification). Capital structure on the latest snapshot: total assets 14,209,561,000 USD, total equity 1,591,547,000, short-term debt 0, long-term debt 0. Net cash position is approximately 344,471,000 USD. Self-calculated market cap is 1,778,232,690 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 0, gross profit 0, operating income 0, net income 37,822,000. Return on equity ~2.4%. Return on assets ~0.3%. Operating-cash-flow to net-income ratio is 0.41. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] 8-K: 8-K (sec_8k_material) on CNOB — filing_type=8-K; max_severity=medium; ignored_items=['9.01']; material_items=['2.02']; all_items_found=['2.02', '9.01']; severity_per_code={'2.02': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001437749-26-024230). Additional context: 8-K: filing_type=8-K; max_severity=medium; ignored_items=['9.01']; material_items=['2.02']; all_items_found=['2.02', '9.01']; severity_per_code={'2.02': 'medium'}; contributing_watchers=sec_8k_material. Comparable peers identified within the same class: JPMorgan Chase, Bank of America, Citigroup, JPM.N, BAC.O.

ConnectOne Bancorp, Inc. (CNOB) is currently undergoing its initial analysis, meaning there is no prior baseline to compute material changes in its fundamental metrics. As a result, the primary activity surrounding the ticker involves the establishment of its corporate profile rather than significant operational shifts or earnings surprises. The most notable recent activity pertains to institutional holding adjustments. Data indicates a major severity holder change involving investor ID 587, where share counts were modified between 491 and 689 shares as of March 31, 2026. These adjustments, detected in late June 2026, reflect minor valuation shifts in the range of $0.013 million to $0.018 million, representing negligible weight percentages in the broader portfolio context. From a corporate structure perspective, ConnectOne Bancorp maintains a lean executive team with only one officer on record. The company does not currently have any analyst coverage or index memberships, suggesting it remains a niche or less-followed entity within the broader market. Despite the lack of analyst attention, the company has a distributed ownership base with 31 top holders identified. This initial snapshot establishes the foundational data for ConnectOne Bancorp, highlighting a stable but low-profile market presence. The absence of material changes and analyst coverage implies that investors are relying on raw filing data, such as recent 10-Q and 10-K reports, to assess the company's standing. Future analysis will depend on whether new analyst coverage emerges or if significant operational developments occur to drive material changes.

Total assets surged 41.7% year-over-year to $14.0 billion, indicating significant balance sheet expansion and growth potential.

Equity grew 26.7% year-over-year to $1.57 billion, strengthening the capital base to support future lending activities.

The company trades at a modest 1.23x price-to-book multiple, offering potential upside if profitability metrics improve.

Net income showed a 199.7% year-over-year increase in the latest period, suggesting recent operational improvements.

Liquidity risk is assessed as low, providing a stable foundation for ongoing banking operations and customer needs.

Return on equity of 2.38% ranks in the bottom quartile of the banking cohort, signaling weak profitability.

Return on assets of 0.27% is significantly below peer medians, indicating inefficient use of the asset base.

Cash conversion ratio of 0.41 is below the cohort median of 1.13, reflecting weaker cash generation efficiency.

Medium dilution risk exists, potentially eroding shareholder value through future equity issuances or option exercises.