ConnectOne Bancorp Inc. Common Stock (CNOB)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I see ConnectOne as a $1.5B regional bank trading at $30.06 on 2026-10-13, about 9.7 times the $3.09 EPS and 1.0 times book value that FairStock calculates. A 10.25% ROE is respectable but not exceptional; a bank earning roughly its cost of equity is worth around book, so the valuation looks fair rather than deeply undervalued. The 2.59% dividend is a modest plus. The business is a traditional commercial bank for small and mid-sized businesses, professionals, and individuals. That can create sticky relationships, but it is a commodity, regulated industry with no wide moat. The filed figures show uneven earnings: FY2023 net income was $87.0M and EPS $2.07; FY2024 net income was $73.8M and EPS $1.76; FY2025 net income was $80.4M and EPS $1.63. Quarterly net income was $41.0M in fiscal Q3 2025, $39.5M in fiscal Q4 2025, $37.8M in fiscal Q1 2026, and $41.7M in fiscal Q2 2026, with EPS of $0.78, $0.75, $0.72 and $0.80. That is not a smooth growth record. FairStock's Lynch rule calls it a Slow Grower, profit up 2.4% a year over five years, which fits. Piotroski 5/9 and FairStock Score 60/100 suggest average quality. The critical bank measures—CET1, net interest margin, efficiency ratio, nonperforming assets, reserves, loan-to-deposit, and combined ratio—are not in the data, so credit risk and capital adequacy cannot be judged. Without those, a P/B of 1.00 is not enough to call it a bargain.

In plain English: ConnectOne is a small regional bank that serves local businesses and individuals. It earns a moderate profit on its shareholder money, but profit has moved up and down over the past few years. At the current price, the shares look roughly fairly valued compared with the company's earnings and assets, and the dividend is modest.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer