ConnectOne Total Operating Expenses vs Income Tax Expense Analysis

CNOB Stock

USD 18.55 0.64 3.57%

ConnectOne Bancorp financial indicator trend analysis is way more than just evaluating ConnectOne Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConnectOne Bancorp is a good investment. Please check the relationship between ConnectOne Bancorp Total Operating Expenses and its Income Tax Expense accounts. 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.

Total Operating Expenses vs Income Tax Expense

Total Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConnectOne Bancorp Total Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ConnectOne Bancorp's Total Operating Expenses and Income Tax Expense is -0.13. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of ConnectOne Bancorp, assuming nothing else is changed. The correlation between historical values of ConnectOne Bancorp's Total Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of ConnectOne Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Operating Expenses i.e., ConnectOne Bancorp's Total Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Tax Expense

Most indicators from ConnectOne Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.35, whereas Tax Provision is forecasted to decline to about 28.6 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 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Common Stock Total Equity	Short Term Debt	Common Stock	Other Liab	Accounts Payable
Total Assets		0.93	1.0	0.81	0.87	0.97	0.9	0.63	-0.16	0.24	0.83	0.95	0.79	-0.56	0.67	0.86	-0.16	-0.2	0.67	0.84	0.25	0.97	0.29	0.93	0.87	0.9
Short Long Term Debt Total	0.93		0.91	0.67	0.99	0.85	0.82	0.59	0.14	0.28	0.73	0.83	0.76	-0.55	0.8	0.77	0.11	0.09	0.67	0.77	0.47	0.94	0.37	0.81	0.84	0.71
Total Stockholder Equity	1.0	0.91		0.82	0.85	0.97	0.91	0.62	-0.19	0.25	0.83	0.95	0.78	-0.56	0.64	0.86	-0.19	-0.23	0.65	0.83	0.22	0.97	0.26	0.92	0.86	0.91
Property Plant And Equipment Net	0.81	0.67	0.82		0.56	0.73	0.88	0.26	-0.33	0.44	0.78	0.74	0.91	-0.42	0.24	0.6	-0.22	-0.29	0.44	0.87	-0.14	0.82	-0.12	0.77	0.53	0.76
Net Debt	0.87	0.99	0.85	0.56		0.8	0.72	0.62	0.22	0.22	0.66	0.78	0.68	-0.56	0.85	0.74	0.16	0.15	0.67	0.69	0.55	0.88	0.44	0.75	0.84	0.65
Retained Earnings	0.97	0.85	0.97	0.73	0.8		0.81	0.72	-0.32	0.06	0.76	0.98	0.65	-0.54	0.68	0.9	-0.36	-0.38	0.71	0.73	0.2	0.89	0.34	0.88	0.93	0.96
Cash	0.9	0.82	0.91	0.88	0.72	0.81		0.38	-0.16	0.44	0.84	0.82	0.87	-0.41	0.44	0.7	-0.08	-0.15	0.51	0.87	0.09	0.92	0.05	0.82	0.65	0.78
Non Current Assets Total	0.63	0.59	0.62	0.26	0.62	0.72	0.38		-0.13	-0.57	0.29	0.72	0.13	-0.43	0.72	0.91	-0.36	-0.3	0.37	0.12	0.61	0.57	0.82	0.57	0.84	0.68
Non Currrent Assets Other	-0.16	0.14	-0.19	-0.33	0.22	-0.32	-0.16	-0.13		0.21	-0.14	-0.34	0.04	-0.01	0.22	-0.25	0.95	0.98	-0.26	-0.09	0.69	-0.02	0.29	-0.13	-0.2	-0.55
Other Assets	0.24	0.28	0.25	0.44	0.22	0.06	0.44	-0.57	0.21		0.51	0.05	0.66	-0.05	-0.09	-0.26	0.49	0.37	0.21	0.7	-0.29	0.31	-0.58	0.25	-0.13	-0.02
Cash And Short Term Investments	0.83	0.73	0.83	0.78	0.66	0.76	0.84	0.29	-0.14	0.51		0.76	0.8	-0.64	0.45	0.58	-0.02	-0.13	0.56	0.87	0.07	0.81	0.14	0.81	0.61	0.68
Net Receivables	0.95	0.83	0.95	0.74	0.78	0.98	0.82	0.72	-0.34	0.05	0.76		0.63	-0.56	0.68	0.9	-0.37	-0.4	0.72	0.71	0.2	0.87	0.35	0.86	0.92	0.95
Common Stock Shares Outstanding	0.79	0.76	0.78	0.91	0.68	0.65	0.87	0.13	0.04	0.66	0.8	0.63		-0.4	0.33	0.46	0.17	0.09	0.42	0.94	0.05	0.83	-0.1	0.74	0.46	0.57
Other Stockholder Equity	-0.56	-0.55	-0.56	-0.42	-0.56	-0.54	-0.41	-0.43	-0.01	-0.05	-0.64	-0.56	-0.4		-0.46	-0.53	0.04	0.07	-0.37	-0.4	-0.27	-0.56	-0.37	-0.5	-0.54	-0.48
Total Liab	0.67	0.8	0.64	0.24	0.85	0.68	0.44	0.72	0.22	-0.09	0.45	0.68	0.33	-0.46		0.67	0.09	0.11	0.76	0.36	0.67	0.62	0.66	0.56	0.87	0.51
Property Plant And Equipment Gross	0.86	0.77	0.86	0.6	0.74	0.9	0.7	0.91	-0.25	-0.26	0.58	0.9	0.46	-0.53	0.67		-0.39	-0.38	0.48	0.47	0.42	0.82	0.59	0.8	0.9	0.89
Total Current Assets	-0.16	0.11	-0.19	-0.22	0.16	-0.36	-0.08	-0.36	0.95	0.49	-0.02	-0.37	0.17	0.04	0.09	-0.39		0.99	-0.23	0.07	0.49	-0.02	0.05	-0.12	-0.31	-0.58
Other Current Assets	-0.2	0.09	-0.23	-0.29	0.15	-0.38	-0.15	-0.3	0.98	0.37	-0.13	-0.4	0.09	0.07	0.11	-0.38	0.99		-0.26	-0.02	0.55	-0.06	0.1	-0.17	-0.31	-0.6
Non Current Liabilities Total	0.67	0.67	0.65	0.44	0.67	0.71	0.51	0.37	-0.26	0.21	0.56	0.72	0.42	-0.37	0.76	0.48	-0.23	-0.26		0.56	0.03	0.54	0.1	0.52	0.79	0.64
Other Current Liab	0.84	0.77	0.83	0.87	0.69	0.73	0.87	0.12	-0.09	0.7	0.87	0.71	0.94	-0.4	0.36	0.47	0.07	-0.02	0.56		-0.06	0.84	-0.15	0.8	0.53	0.66
Total Current Liabilities	0.25	0.47	0.22	-0.14	0.55	0.2	0.09	0.61	0.69	-0.29	0.07	0.2	0.05	-0.27	0.67	0.42	0.49	0.55	0.03	-0.06		0.32	0.86	0.24	0.4	-0.01
Common Stock Total Equity	0.97	0.94	0.97	0.82	0.88	0.89	0.92	0.57	-0.02	0.31	0.81	0.87	0.83	-0.56	0.62	0.82	-0.02	-0.06	0.54	0.84	0.32		0.28	0.92	0.79	0.81
Short Term Debt	0.29	0.37	0.26	-0.12	0.44	0.34	0.05	0.82	0.29	-0.58	0.14	0.35	-0.1	-0.37	0.66	0.59	0.05	0.1	0.1	-0.15	0.86	0.28		0.29	0.54	0.21
Common Stock	0.93	0.81	0.92	0.77	0.75	0.88	0.82	0.57	-0.13	0.25	0.81	0.86	0.74	-0.5	0.56	0.8	-0.12	-0.17	0.52	0.8	0.24	0.92	0.29		0.77	0.82
Other Liab	0.87	0.84	0.86	0.53	0.84	0.93	0.65	0.84	-0.2	-0.13	0.61	0.92	0.46	-0.54	0.87	0.9	-0.31	-0.31	0.79	0.53	0.4	0.79	0.54	0.77		0.85
Accounts Payable	0.9	0.71	0.91	0.76	0.65	0.96	0.78	0.68	-0.55	-0.02	0.68	0.95	0.57	-0.48	0.51	0.89	-0.58	-0.6	0.64	0.66	-0.01	0.81	0.21	0.82	0.85

Click cells to compare fundamentals

ConnectOne Bancorp Account Relationship Matchups

ConnectOne Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2B	7.5B	8.1B	9.6B	9.9B	10.3B
Short Long Term Debt Total	645.6M	646.6M	633.6M	1.0B	1.0B	1.1B
Total Stockholder Equity	731.2M	915.3M	1.1B	1.2B	1.2B	1.3B
Property Plant And Equipment Net	34.4M	46.3M	40.0M	38.0M	42.8M	21.4M
Net Debt	444.1M	342.9M	368.0M	754.0M	783.5M	822.6M
Retained Earnings	271.8M	332.0M	440.2M	535.9M	591.0M	620.5M
Cash	201.5M	303.8M	265.5M	268.3M	242.7M	254.8M
Non Current Assets Total	618.3M	767.0M	805.7M	904.4M	9.6B	10.0B
Non Currrent Assets Other	(618.3M)	(767.0M)	(805.7M)	(904.4M)	312.6M	545.0M
Other Assets	4.9B	6.0B	6.5B	7.8B	1.0	0.95
Cash And Short Term Investments	606.2M	791.7M	800.0M	903.2M	678.6M	712.5M
Net Receivables	20.9M	35.3M	34.2M	46.1M	49.1M	51.6M
Common Stock Shares Outstanding	35.3M	39.6M	39.9M	39.5M	39.0M	22.8M
Liabilities And Stockholders Equity	6.2B	7.5B	8.1B	9.6B	9.9B	10.3B
Other Stockholder Equity	(8.0M)	(6.4M)	(12.4M)	(22.7M)	(37.1M)	(35.3M)
Total Liab	645.6M	646.6M	633.6M	8.5B	8.6B	9.1B
Property Plant And Equipment Gross	34.4M	46.3M	40.0M	38.0M	86.0M	90.3M
Total Current Assets	627.1M	827.0M	834.2M	949.3M	291.8M	277.2M
Accumulated Other Comprehensive Income	(1.1M)	2.8M	(1.4M)	(32.4M)	(35.1M)	(33.4M)
Other Current Assets	222.4M	339.1M	299.7M	314.6M	291.8M	277.2M
Non Current Liabilities Total	645.6M	646.6M	633.6M	8.5B	3.2B	3.3B
Other Current Liab	5.3B	6.0B	6.3B	7.4B	4.6B	3.6B
Total Current Liabilities	16.4M	18.0M	12.4M	11.4M	5.5B	5.7B
Short Term Debt	16.4M	18.0M	12.4M	11.4M	884.0M	928.2M
Other Liab	27.4M	26.2M	38.8M	87.3M	100.4M	105.4M
Accounts Payable	4.8B	6.0B	6.3B	7.4B	8.5B	8.9B
Long Term Debt	629.2M	202.6M	621.1M	1.0B	1.0B	1.1B
Treasury Stock	(29.4M)	(30.3M)	(39.7M)	(52.8M)	(47.5M)	(45.1M)
Intangible Assets	5.5M	11.0M	9.0M	7.3M	5.9M	6.7M
Property Plant Equipment	19.2M	30.1M	40.0M	27.8M	32.0M	20.8M
Short Term Investments	404.7M	488.0M	534.5M	634.9M	617.2M	410.7M
Net Tangible Assets	563.2M	696.0M	795.9M	852.1M	980.0M	1.0B
Retained Earnings Total Equity	271.8M	332.0M	440.2M	535.9M	616.3M	647.1M
Long Term Debt Total	629.2M	202.6M	153.0M	153.3M	176.2M	167.4M

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

0.77	AX	Axos Financial Buyout Trend	Pair Corr
0.67	BY	Byline Bancorp Normal Trading	Pair Corr

Moving against ConnectOne Stock

0.78	TECTP	Tectonic Financial	Pair Corr
0.74	CFG-PD	Citizens Financial	Pair Corr
0.7	NU	Nu Holdings Aggressive Push	Pair Corr
0.5	KB	KB Financial Group Financial Report 20th of May 2024	Pair Corr

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

Details

Is ConnectOne Stock a good investment?

Details

What is ConnectOne Bancorp's Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

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.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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.

	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Money Managers Screen money managers from public funds and ETFs managed around the world
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume

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

(0.30)

Dividend Share

0.69

Earnings Share

1.89

Revenue Per Share

6.53

Quarterly Revenue Growth

(0.13)

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ConnectOne Total Operating Expenses vs Income Tax Expense Analysis

Total Operating Expenses vs Income Tax Expense

Total Operating Expenses vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Income Tax Expense

ConnectOne Bancorp fundamental ratios Correlations

ConnectOne Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ConnectOne Bancorp fundamental ratios Accounts

Pair Trading with ConnectOne Bancorp

Moving together with ConnectOne Stock

Moving against ConnectOne Stock

Complementary Tools for ConnectOne Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Other Current Assets	+ 0.99	Total Current Assets
Net Receivables	+ 0.98	Retained Earnings
Other Current Assets	+ 0.98	Non Currrent Assets Other
Retained Earnings	+ 0.97	Total Assets

Other Stockholder Equity	- 0.64	Cash And Short Term Investments
Accounts Payable	- 0.6	Other Current Assets
Accounts Payable	- 0.58	Total Current Assets
Short Term Debt	- 0.58	Other Assets
Other Assets	- 0.57	Non Current Assets Total
Common Stock Total Equity	- 0.56	Other Stockholder Equity