ConnectOne Bancorp, Inc. (CNOB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ConnectOne Bancorp, Inc. stock $22.25, price $32.42, that is 31.4% below the price, quality 42 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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ConnectOne Bancorp, Inc.
CNOB · USOur calculation puts a fair price 31% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $12.22 – $33.91 · fair‑value band $18.54 – $23.10 · the $32.42 price screens above the $22.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
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.
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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, consumer and cash management services for business clients, including treasury direct, automated clearing house origination, 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 including 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 multifamily properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominiums; 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.
Stock analysis
ConnectOne Bancorp, Inc. (CNOB) currently trades at $32.42, while our model-based Fair Value estimate is $22.25, 31% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $24.72 per share, and 0 of the 6 models we run sit above the $32.42 price.
Bear case: the Asset-Based group reads lowest at $5.45, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $18.54 (bear) to $23.10 (bull), the price of $32.42 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 42/100 (below-average quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
ConnectOne Bancorp, Inc. reported revenue of $606M in FY2025 versus $317M in FY2021, a compound +17.6%/yr. Reported net income was $80.4M in FY2025, compounding −11.4%/yr from FY2021.
Key figures
Market cap $1.6B Small · P/E ratio 11.2 · P/S ratio 3.84 · EPS (TTM) $2.90 · Dividend yield 2.4% · Net margin 35.4% · Return on equity 9.6% · Return on assets (EBIT) 1.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (medium confidence).
What moves the price
The share trades about 4% below its 52-week high and 41% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −31%, CNOB screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, one officer or director bought shares worth $36,025, on Jun 15, 2026. Over the same period, one person sold shares worth $225,437.
- SaleElizabeth MagennisBank President, Director6,900 shares at $32.67$225,437Oct 26, 2026
- BuyAnson M. MoiseDirector2× since Jun 8, 2026: 1,100 shares, avg. $32.75$36,025Jun 15, 2026
Plus 13 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
CNOB screens overvalued: fair value 31% below the price. Compare with China Merchants Bank Co →
Earlier news
- ConnectOne Bancorp (CNOB) Could Be a Great Choice
- ConnectOne Bank is Building the Future of Commercial Lending on nCino’s Agentic Operating System
- How The ConnectOne Bancorp (CNOB) Narrative Is Shifting After FLIC Deal And New Price Targets
- ConnectOne Bancorp Q1 Earnings Call Highlights
Compare ConnectOne Bancorp, Inc. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on equity by industry
- Quality Score by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs CNOB |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs CNOB |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs CNOB |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs CNOB |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs CNOB |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs CNOB |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs CNOB |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs CNOB |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs CNOB |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs CNOB |
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Key figures of ConnectOne Bancorp, Inc.
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