ConnectOne Bancorp stock (US20786W1071): Consensus target signals 13.6% upside

ConnectOne Bancorp (CNOB) shows a consensus price target of $33.25, implying 13.6% upside from recent levels, per MarketBeat data. The regional bank reported $679.93M in gross revenue for the latest period.

ConnectOne Bancorp, trading as CNOB on Nasdaq, has drawn attention from investors with a consensus analyst target price of $33.25, suggesting potential upside of 13.60% from its recent trading level around $29.27, MarketBeat as of May 2026. The New Jersey-based regional bank operates in a competitive landscape, boasting higher revenue than peer NewtekOne at $679.93M versus $383.33M in comparable periods.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: ConnectOne Bancorp
• Sector/industry: Regional Banking
• Headquarters/country: United States
• Core markets: Northeast US
• Key revenue drivers: Commercial loans, deposits
• Home exchange/listing venue: Nasdaq (CNOB)
• Trading currency: USD

ConnectOne Bancorp: core business model

ConnectOne Bancorp functions as the holding company for ConnectOne Bank, a high-performing commercial bank founded in 2005. The institution emphasizes a people-first approach, focusing on building businesses, communities, and equity through tailored commercial banking services. Its model prioritizes efficiency and innovation, as evidenced by its recognition among top-performing institutions in efficiency metrics from nCino's AI in Banking Benchmark, Business Insider as of recent report.

The bank's operations center on commercial lending, deposit gathering, and fee-based services in the Northeast US market. With a beta of 1.06, its share price exhibits moderate volatility, 6% above the broader market, making it a notable option for US investors tracking regional bank performance amid interest rate dynamics.

Main revenue and product drivers for ConnectOne Bancorp

Commercial loans represent a primary revenue driver for ConnectOne Bancorp, contributing significantly to its $679.93M gross revenue figure from the latest reported period. Net income stood at $80.44M, with earnings per share at $1.73 and a price-to-earnings ratio of 16.92, outperforming peer NewtekOne on multiple financial metrics, per MarketBeat comparison as of May 2026. Deposit growth and treasury management services further bolster its income streams.

The bank's focus on middle-market commercial clients in high-growth areas like New Jersey supports resilient revenue amid economic shifts. For US investors, ConnectOne's exposure to the robust Northeast economy provides a direct link to domestic recovery trends.

Industry trends and competitive position

Regional banks like ConnectOne Bancorp navigate a landscape shaped by interest rate policies and digital transformation. The sector's shift toward AI and dual workforce models, as highlighted in nCino's benchmark, positions efficient operators favorably. ConnectOne's superior revenue and earnings over peers like NewtekOne underscore its competitive edge.

Why ConnectOne Bancorp matters for US investors

Listed on Nasdaq, ConnectOne Bancorp offers US investors targeted exposure to the Northeast commercial banking sector, a key driver of regional economic activity. Its consensus target and valuation metrics provide data points for portfolio diversification amid national banking trends.

Conclusion

ConnectOne Bancorp maintains a solid profile with strong revenue metrics and analyst consensus pointing to upside potential. Investors monitor its efficiency leadership and peer comparisons closely. The bank's focus on commercial lending supports stability in varying economic conditions.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.