CNOB, US20786W1071

Five firms give ConnectOne Bancorp stock a USD 35.00 target

Published on 10/20/2026 at 21:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings per share hit USD 0.84 versus USD 0.82 consensus. ConnectOne Bancorp stock costs EUR 27.50 on October 20, 2026 at Lang & Schwarz.

Analyst target and earnings

Five firms supported a USD 35.00 average 12-month target on October 20, 2026.
Second-quarter earnings per share reached USD 0.84 against USD 0.82 consensus.
ConnectOne Bancorp stock cost EUR 27.50 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST.
Third-quarter results are scheduled for October 22, 2026.

CNOB, US20786W1071, Illustration mit AI erstellt.

ConnectOne Bancorp (ISIN US20786W1071) had a five-firm consensus target of USD 35.00 on October 20, 2026, with four buy ratings and one hold, according to MarketBeat. The target is 13.23 percent above the USD 30.91 Nasdaq price at 3:54 p.m. ET on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 27.50 on October 20, 2026 at 9:48 p.m. CEST.

Second-quarter earnings beat expectations

ConnectOne Bancorp reported second-quarter earnings per share of USD 0.84, exceeding the USD 0.82 consensus by USD 0.02. Revenue reached USD 122.77 million, compared with USD 121.55 million expected, while net margin was 20.21 percent, according to MarketBeat. The figures refer to the quarter released on July 23, 2026.

Price position and valuation

CNOB was last quoted at USD 30.91 on Nasdaq at 3:54 p.m. ET on October 20, 2026, up 2.43 percent from USD 30.18. The USD 23.20 to USD 34.14 52-week range places the price 9.46 percent below the high and 33.23 percent above the low. Trading volume stood at 147,947 shares.

ConnectOne Bancorp had a market capitalization of USD 1.6 billion and a P/E ratio of 9.64 as of October 20, 2026. The company paid a quarterly dividend of USD 0.195, equivalent to USD 0.78 annually and a 2.00 percent trailing yield. Its banking model centers on deposits, commercial lending and cash-management services for businesses and individuals, as the company explains on its investor-relations page.

October 22 results are next

ConnectOne Bancorp plans to release results for the third quarter ended September 30, 2026, before the market opens on October 22, 2026. Management is scheduled to hold its conference call at 10:00 a.m. ET that day, according to GlobeNewswire. The scheduled release gives investors a near-term test of loan growth, deposit growth and net interest margin after the second-quarter figures.

Comparison with peers

ConnectOne Bancorp: up 2.43 percent, P/E 9.64, market capitalization USD 1.6 billion.

Seacoast Banking Corporation of Florida: up 2.18 percent, P/E 21.12, market capitalization USD 3.2 billion.

FB Financial Corporation: up 1.38 percent, P/E 11.60, market capitalization USD 2.6 billion.

Trading levels and next catalyst

The stock combines a lower P/E than both cited banking peers with a target that sits above the latest Nasdaq price. The next dated operating update is the third-quarter release on October 22, 2026.

On Nasdaq, CNOB was last at USD 30.91 on October 20, 2026 at 3:54 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of ConnectOne Bancorp stock.