ConnectOne Bancorp, Inc.
At today's price, ConnectOne Bancorp, Inc. (CNOB) is priced for 10.8% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
At $32.49 ConnectOne trades around 1.2x tangible book of about $27 per share while earning a trailing return on equity near 6%, a depressed figure that reflects the cost of digesting the First of Long Island merger rather than the run-rate the bank is building toward. The bank-specific valuation reads cluster well below the price: the price-to-tangible-book model lands near $13 on the trailing return, while the relative-multiple read lands near $28. The gap between those numbers and the tape is
Is CNOB overvalued? See what's priced in →
205 institutional managers reported holding CNOB in 13F filings for the quarter ended 2026-03-31. Together they hold about 75% of the company; the top 10 hold 44%. 26 opened new positions that quarter. Held by BlackRock, Wellington Management, Vanguard Group, among others. On the short side, 1.6M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.7 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CNOB's share count grew 26.4% over the past five years even with $45.83M spent on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting), raised 2 years straight; the current rate is $0.72 a share annually. Cash returned over the past three years: $81.48M in dividends and $16.63M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at CNOB over the trailing three years: 2023: 2 buys totaling $192k; 2025: 3 buys totaling $231k; 2026: 2 buys totaling $36k. 22 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CNOB's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-05 | +1.7% | -15.6% |
| 2023-11-04 | +8.1% | +23.9% |
| 2024-02-24 | +5.2% | -9.4% |
| 2024-05-04 | -7.3% | -6.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CNOB's latest 8-K filings: 2026-07-09 (items 8.01, 9.01); 2026-05-20 (items 5.02, 5.07); 2026-04-23 (items 2.02, 9.01); 2026-04-09 (items 8.01, 9.01); 2026-02-12 (items 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.