ConnectOne BancorpNASDAQ: CNOB

While the revenue and EPS of ConnectOne (CNOB) provide insight into its performance in the quarter ending March 2024, it may be beneficial to also analyze how certain key metrics stack up against Wall Street predictions and the figures from the previous year.

ConnectOne Bancorp (CNOB) reported earnings of $0.41 per share for the quarter, falling short of the Zacks Consensus Estimate of $0.42 per share. This is lower than the earnings of $0.59 per share from the same quarter last year.

The headline numbers for ConnectOne (CNOB) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Beyond analysts' top -and-bottom-line estimates for ConnectOne (CNOB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

ENGLEWOOD CLIFFS, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the fourth quarter ended December 31, 2023, before the market opens on Thursday, January 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on January 25, 2024, to review the Company's financial performance and operating results.

ConnectOne (CNOB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Frank Sorrentino, CEO of ConnectOne Bank, joins Bloomberg Radio to discuss his outlook for the economy and Fed, what ConnectOne is seeing in construction lending, as well as other pressures on regional banks.

ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q3 2023 Results Conference Call October 26, 2023 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and CEO Bill Burns - Sr. EVP and CFO Conference Call Participants Nick Cucharale - Hovde Group Daniel Tamayo - Raymond James Frank Schiraldi - Piper Sandler Matthew Breese - Stephens Michael Perito - KBW Operator Hello and welcome to the ConnectOne Bancorp Incorporated Third Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

There is still fallout from the regional bank debacle that occurred earlier this year with the collapse of First Republic Bank, Signature and Silicon Valley Bank. Many regional banks have not returned to 52-week highs and appear to be undervalued.