ConnectOne Bancorp Inc (CNOB) Stock AnalysisCNOBConnectOne Bancorp Inc

ConnectOne Bancorp, Inc. is a modern financial services company that operates, through its subsidiary, ConnectOne Bank (the Bank) and the Bank’s fintech subsidiary, BoeFly, Inc (BoeFly). ConnectOne Bank is a commercial bank offering a full suite of banking and lending products and services that focus on small to middle-market businesses. The Bank's offices are located primarily in the New York metro market and span New Jersey, New York City, Long Island, and the Hudson Valley, including Rockland, Orange, and Westchester counties. It offers a range of deposit and loan products. It also provides a range of other banking services. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, safe deposit boxes, access to automated teller services and telephone, and others. BoeFly is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

ConnectOne Bancorp Inc appears to be a good buy right now due to its strong earnings performance and positive growth indicators. The current price is $30.44, and the company reported a Q2 EPS of $0.84, exceeding expectations by $0.02. Additionally, the forward P/E ratio is 10.21, which is attractive compared to the industry average, indicating potential for growth. The main risk is the recent dip in net income in Q2 2025, where it was negative at -21.75 million USD, which raises concerns about loan quality and overall financial health.

3 analysts cover CNOB: 3 rate it Buy, 0 Hold and 0 Sell. The average price target is 32.00.