ConnectOne Return on Average Equity from 2010 to 2024
| CNOB Stock | USD 18.00 0.09 0.50% |
Check ConnectOne Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConnectOne main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 M, Interest Expense of 29.3 M or Selling General Administrative of 101.5 M, as well as many exotic indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.026 or PTB Ratio of 0.69. ConnectOne financial statements analysis is a perfect complement when working with ConnectOne Bancorp Valuation or Volatility modules.
ConnectOne | Return on Average Equity |
About ConnectOne Bancorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ConnectOne Bancorp income statement, its balance sheet, and the statement of cash flows. ConnectOne Bancorp investors use historical funamental indicators, such as ConnectOne Bancorp's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although ConnectOne Bancorp investors may use each financial statement separately, they are all related. The changes in ConnectOne Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ConnectOne Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ConnectOne Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ConnectOne Bancorp. Please read more on our technical analysis and fundamental analysis pages.
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 Northern New Jersey and New York Metropolitan area, and South Florida market. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey. Connectone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 434 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ConnectOne Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ConnectOne Bancorp's short interest history, or implied volatility extrapolated from ConnectOne Bancorp options trading.
Pair Trading with ConnectOne Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConnectOne Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConnectOne Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with ConnectOne Stock
| 0.78 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.9 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
| 0.67 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against ConnectOne Stock
| 0.8 | TECTP | Tectonic Financial | PairCorr |
| 0.78 | CFG-PD | Citizens Financial | PairCorr |
| 0.76 | WF | Woori Financial Group Earnings Call Today | PairCorr |
| 0.75 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.7 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ConnectOne Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConnectOne Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConnectOne Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConnectOne Bancorp to buy it.
The correlation of ConnectOne Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConnectOne Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConnectOne Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConnectOne Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ConnectOne Bancorp Correlation against competitors. For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for ConnectOne Stock analysis
When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ConnectOne Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectOne Bancorp. If investors know ConnectOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 0.68 | Earnings Share 2.07 | Revenue Per Share 6.723 | Quarterly Revenue Growth (0.19) |
The market value of ConnectOne Bancorp is measured differently than its book value, which is the value of ConnectOne that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ConnectOne Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectOne Bancorp's market value can be influenced by many factors that don't directly affect ConnectOne Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectOne Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.