RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
ConnectOne Bancorp Stock

ConnectOne Bancorp ROA 2024

ConnectOne Bancorp ROA

0.01

Ticker

CNOB

ISIN

US20786W1071

WKN

A11708

In 2024, ConnectOne Bancorp's return on assets (ROA) was 0.01, a -33.7% increase from the 0.01 ROA in the previous year.

ConnectOne Bancorp Aktienanalyse

What does ConnectOne Bancorp do?

ConnectOne Bancorp Inc is a financial holding company based in New Jersey, specializing in providing financial services to small and medium-sized businesses (SMEs). The company operates primarily through its subsidiaries - ConnectOne Bank and Union Center National Bank. ConnectOne Bancorp's business model focuses on offering traditional banking services such as deposits, loans, cash management, electronic payments, and credit cards to its customers. The company invests heavily in IT systems and digitization to provide efficient and user-friendly solutions to its clients. ConnectOne Bancorp was founded in 2005 by a group of experienced bank managers and entrepreneurs in New Jersey. Over the years, the company has expanded its operations and market segments, with branches in New York and New Jersey. ConnectOne Bank and Union Center National Bank, its subsidiaries, offer a wide range of banking services to businesses and individuals, including innovative technology solutions. Union Center National Bank specializes in providing services to the non-profit sector and offers specific products for the construction industry. ConnectOne Bancorp has also engaged in partnerships, such as collaborating with e-commerce solution Fiserv to offer online payment solutions to its customers. Overall, ConnectOne Bancorp has established itself as a leading provider of banking services for small and medium-sized businesses in the Northeast region of the United States. The answer is: ConnectOne Bancorp Inc is a financial holding company based in New Jersey that specializes in providing financial services to small and medium-sized businesses. They offer traditional banking services and have expanded their operations through acquisitions and partnerships. ConnectOne Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding ConnectOne Bancorp's Return on Assets (ROA)

ConnectOne Bancorp's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing ConnectOne Bancorp's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider ConnectOne Bancorp's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in ConnectOne Bancorp’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about ConnectOne Bancorp stock

What is the Return on Assets (ROA) of ConnectOne Bancorp this year?

The Return on Assets (ROA) of ConnectOne Bancorp is 0.01 undefined this year.

What was the ROA of ConnectOne Bancorp compared to the previous year?

The ROA of ConnectOne Bancorp has increased by -33.7% compared to the previous year.

What consequences do high ROA have for investors of ConnectOne Bancorp?

A high ROA is advantageous for investors of ConnectOne Bancorp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in ConnectOne Bancorp?

A low ROA can be unfavorable for investors of ConnectOne Bancorp as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of ConnectOne Bancorp affect the company?

An increase in ROA of ConnectOne Bancorp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of ConnectOne Bancorp impact the company?

A reduction in the ROA of ConnectOne Bancorp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of ConnectOne Bancorp?

Some factors that can influence the ROA of ConnectOne Bancorp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of ConnectOne Bancorp important for investors?

The ROA of ConnectOne Bancorp is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can ConnectOne Bancorp take to improve ROA?

To improve ROA, ConnectOne Bancorp can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does ConnectOne Bancorp pay?

Over the past 12 months, ConnectOne Bancorp paid a dividend of 0.67 USD . This corresponds to a dividend yield of about 2.63 %. For the coming 12 months, ConnectOne Bancorp is expected to pay a dividend of 0.72 USD.

What is the dividend yield of ConnectOne Bancorp?

The current dividend yield of ConnectOne Bancorp is 2.63 %.

When does ConnectOne Bancorp pay dividends?

ConnectOne Bancorp pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of ConnectOne Bancorp?

ConnectOne Bancorp paid dividends every year for the past 23 years.

What is the dividend of ConnectOne Bancorp?

For the upcoming 12 months, dividends amounting to 0.72 USD are expected. This corresponds to a dividend yield of 2.84 %.

In which sector is ConnectOne Bancorp located?

ConnectOne Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von ConnectOne Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ConnectOne Bancorp from 9/3/2024 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did ConnectOne Bancorp pay the last dividend?

The last dividend was paid out on 9/3/2024.

What was the dividend of ConnectOne Bancorp in the year 2023?

In the year 2023, ConnectOne Bancorp distributed 0.595 USD as dividends.

In which currency does ConnectOne Bancorp pay out the dividend?

The dividends of ConnectOne Bancorp are distributed in USD.

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Andere Kennzahlen von ConnectOne Bancorp

Our stock analysis for ConnectOne Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ConnectOne Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.