ConnectOne Historical Income Statement

CNOB Stock

USD 18.10 0.10 0.56%

Historical analysis of ConnectOne Bancorp income statement accounts such as Interest Expense of 29.3 M, Selling General Administrative of 101.5 M or Total Revenue of 529.3 M can show how well ConnectOne Bancorp performed in making a profits. Evaluating ConnectOne Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ConnectOne Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining ConnectOne Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ConnectOne Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.

About ConnectOne Income Statement Analysis

ConnectOne Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ConnectOne Bancorp shareholders. The income statement also shows ConnectOne investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ConnectOne Bancorp Income Statement Chart

ConnectOne Bancorp Income Statement is one of the three primary financial statements used for reporting ConnectOne's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ConnectOne Bancorp revenue and expense. ConnectOne Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, ConnectOne Bancorp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 29.3 M, whereas Net Income From Continuing Ops is forecasted to decline to about 63.2 M.

Selling General Administrative Total Revenue Gross Profit Operating Income

Total Revenue

Total revenue comprises all receipts ConnectOne Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ConnectOne Bancorp minus its cost of goods sold. It is profit before ConnectOne Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from ConnectOne Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ConnectOne Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from ConnectOne Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ConnectOne Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.At present, ConnectOne Bancorp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 29.3 M, whereas Net Income From Continuing Ops is forecasted to decline to about 63.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	38.9M	71.6M	28.8M	29.3M
Depreciation And Amortization	2.0M	1.7M	5.9M	6.2M

Interest Expense Depreciation And Amortization

ConnectOne Bancorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.08	0.81	0.92	0.82	0.8	0.6	0.58	0.59	0.21	0.53	0.67	0.53	0.49	0.77	0.72	0.46	-0.91	0.44	0.63	0.75	0.25	0.61
Interest Expense	0.08		0.55	0.37	0.52	-0.11	0.58	0.59	0.58	-0.63	0.61	0.18	0.65	0.49	0.57	0.69	0.65	0.1	0.19	0.6	0.54	0.08	0.74
Selling General Administrative	0.81	0.55		0.97	1.0	0.52	0.91	0.9	0.91	-0.1	0.89	0.59	0.89	0.83	0.97	0.95	0.84	-0.64	0.63	0.9	0.91	0.02	0.86
Total Revenue	0.92	0.37	0.97		0.98	0.69	0.84	0.82	0.83	0.08	0.78	0.61	0.78	0.74	0.94	0.89	0.72	-0.79	0.59	0.82	0.88	0.07	0.78
Gross Profit	0.82	0.52	1.0	0.98		0.54	0.91	0.9	0.9	-0.07	0.88	0.59	0.88	0.84	0.97	0.94	0.83	-0.66	0.64	0.89	0.9	0.01	0.84
Other Operating Expenses	0.8	-0.11	0.52	0.69	0.54		0.38	0.35	0.37	0.6	0.21	0.33	0.21	0.2	0.57	0.42	0.14	-0.88	0.19	0.25	0.46	0.1	0.33
Operating Income	0.6	0.58	0.91	0.84	0.91	0.38		1.0	1.0	-0.06	0.95	0.38	0.95	0.9	0.87	0.86	0.92	-0.45	0.75	0.92	0.86	-0.3	0.85
Ebit	0.58	0.59	0.9	0.82	0.9	0.35	1.0		1.0	-0.07	0.95	0.36	0.95	0.9	0.86	0.85	0.92	-0.43	0.75	0.91	0.85	-0.31	0.85
Ebitda	0.59	0.58	0.91	0.83	0.9	0.37	1.0	1.0		-0.07	0.95	0.37	0.95	0.9	0.87	0.86	0.92	-0.44	0.75	0.92	0.85	-0.3	0.86
Total Operating Expenses	0.21	-0.63	-0.1	0.08	-0.07	0.6	-0.06	-0.07	-0.07		-0.26	-0.38	-0.3	-0.13	-0.04	-0.31	-0.33	-0.43	0.02	-0.27	-0.14	-0.26	-0.39
Income Before Tax	0.53	0.61	0.89	0.78	0.88	0.21	0.95	0.95	0.95	-0.26		0.52	1.0	0.97	0.84	0.87	0.97	-0.33	0.81	0.93	0.82	-0.3	0.82
Total Other Income Expense Net	0.67	0.18	0.59	0.61	0.59	0.33	0.38	0.36	0.37	-0.38	0.52		0.53	0.44	0.52	0.65	0.5	-0.5	0.42	0.54	0.56	0.23	0.59
Net Income	0.53	0.65	0.89	0.78	0.88	0.21	0.95	0.95	0.95	-0.3	1.0	0.53		0.94	0.84	0.89	0.98	-0.33	0.78	0.94	0.83	-0.27	0.87
Income Tax Expense	0.49	0.49	0.83	0.74	0.84	0.2	0.9	0.9	0.9	-0.13	0.97	0.44	0.94		0.79	0.76	0.92	-0.32	0.88	0.87	0.75	-0.37	0.67
Selling And Marketing Expenses	0.77	0.57	0.97	0.94	0.97	0.57	0.87	0.86	0.87	-0.04	0.84	0.52	0.84	0.79		0.95	0.79	-0.64	0.56	0.83	0.86	0.0	0.81
Cost Of Revenue	0.72	0.69	0.95	0.89	0.94	0.42	0.86	0.85	0.86	-0.31	0.87	0.65	0.89	0.76	0.95		0.85	-0.53	0.54	0.89	0.89	0.08	0.93
Net Income From Continuing Ops	0.46	0.65	0.84	0.72	0.83	0.14	0.92	0.92	0.92	-0.33	0.97	0.5	0.98	0.92	0.79	0.85		-0.2	0.8	0.94	0.86	-0.21	0.84
Non Recurring	-0.91	0.1	-0.64	-0.79	-0.66	-0.88	-0.45	-0.43	-0.44	-0.43	-0.33	-0.5	-0.33	-0.32	-0.64	-0.53	-0.2		-0.25	-0.36	-0.47	-0.07	-0.41
Tax Provision	0.44	0.19	0.63	0.59	0.64	0.19	0.75	0.75	0.75	0.02	0.81	0.42	0.78	0.88	0.56	0.54	0.8	-0.25		0.8	0.69	-0.43	0.49
Net Interest Income	0.63	0.6	0.9	0.82	0.89	0.25	0.92	0.91	0.92	-0.27	0.93	0.54	0.94	0.87	0.83	0.89	0.94	-0.36	0.8		0.94	-0.07	0.86
Interest Income	0.75	0.54	0.91	0.88	0.9	0.46	0.86	0.85	0.85	-0.14	0.82	0.56	0.83	0.75	0.86	0.89	0.86	-0.47	0.69	0.94		0.15	0.85
Reconciled Depreciation	0.25	0.08	0.02	0.07	0.01	0.1	-0.3	-0.31	-0.3	-0.26	-0.3	0.23	-0.27	-0.37	0.0	0.08	-0.21	-0.07	-0.43	-0.07	0.15		0.05
Extraordinary Items	0.61	0.74	0.86	0.78	0.84	0.33	0.85	0.85	0.86	-0.39	0.82	0.59	0.87	0.67	0.81	0.93	0.84	-0.41	0.49	0.86	0.85	0.05

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ConnectOne Bancorp Account Relationship Matchups

ConnectOne Bancorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.4M	2.6M	2.0M	1.7M	5.9M	6.2M
Interest Expense	85.2M	70.2M	38.9M	71.6M	28.8M	29.3M
Selling General Administrative	55.6M	68.8M	73.0M	83.6M	96.7M	101.5M
Total Revenue	194.4M	252.4M	277.9M	315.4M	504.1M	529.3M
Gross Profit	194.4M	252.4M	277.9M	315.4M	373.7M	392.4M
Other Operating Expenses	100.3M	(162.0M)	(102.8M)	1.7M	387.1M	406.5M
Operating Income	94.0M	90.4M	175.1M	242.9M	171.2M	179.8M
Ebit	94.0M	90.4M	175.1M	242.9M	165.3M	173.5M
Ebitda	95.4M	92.9M	177.0M	244.5M	171.2M	179.8M
Total Operating Expenses	(100.3M)	(162.0M)	(102.8M)	1.7M	44.7M	47.0M
Income Before Tax	94.0M	90.4M	175.1M	171.2M	117.0M	122.8M
Total Other Income Expense Net	94.0M	90.4M	175.1M	(71.6M)	117.0M	122.8M
Net Income	73.4M	71.3M	130.4M	125.2M	87.0M	91.4M
Income Tax Expense	20.6M	19.1M	44.7M	46.0M	30.0M	31.5M
Selling And Marketing Expenses	1.4M	1.2M	1.3M	1.7M	2.0M	2.1M
Net Income Applicable To Common Shares	73.4M	71.3M	128.6M	119.2M	137.1M	143.9M
Net Income From Continuing Ops	73.4M	71.3M	130.4M	125.2M	100.3M	63.2M
Tax Provision	20.6M	19.1M	44.7M	46.0M	36.1M	28.6M
Net Interest Income	184.5M	236.3M	261.9M	300.5M	267.8M	219.5M
Interest Income	269.7M	306.6M	300.8M	372.1M	470.1M	295.1M
Reconciled Depreciation	4.4M	6.7M	2.0M	1.7M	5.8M	3.2M

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

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Moving against ConnectOne Stock

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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.

Pair Correlation Correlation Matching

When determining whether ConnectOne Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConnectOne Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connectone Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connectone Bancorp Stock:

How To Invest In ConnectOne

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Is ConnectOne Stock a good investment?

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What is ConnectOne Bancorp's Net Worth?

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For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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ConnectOne Historical Income Statement

About ConnectOne Income Statement Analysis

ConnectOne Bancorp Income Statement Chart

Total Revenue

Gross Profit

Operating Income

ConnectOne Bancorp income statement Correlations

ConnectOne Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ConnectOne Bancorp income statement Accounts

Pair Trading with ConnectOne Bancorp

Moving together with ConnectOne Stock

Moving against ConnectOne Stock

Complementary Tools for ConnectOne Stock analysis

COMMON DESTINATIONS

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Gross Profit	+ 1.0	Selling General Administrative
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Gross Profit	+ 0.98	Total Revenue

Non Recurring	- 0.91	Depreciation And Amortization
Non Recurring	- 0.88	Other Operating Expenses
Non Recurring	- 0.79	Total Revenue
Non Recurring	- 0.66	Gross Profit
Non Recurring	- 0.64	Selling And Marketing Expenses
Non Recurring	- 0.64	Selling General Administrative