CNOB
ConnectOne Bancorp Inc
Price:  
19.68 
USD
Volume:  
141,740.00
United States | Banks
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CNOB Fair Value

54.40 %
Upside

As of 2024-03-02, the Fair Value of ConnectOne Bancorp Inc (CNOB) is 30.39 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 19.68 USD, the upside of ConnectOne Bancorp Inc is 54.40%.

19.68 USD
Stock Price
30.39 USD
Fair Price
FAIR VALUE CALCULATION

CNOB Fair Value

Peter Lynch's formula is:

CNOB Fair Value
= Earnings Growth Rate x TTM EPS
CNOB Fair Value
= 13.41 x 2.27
CNOB Fair Value
= 30.39

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 73.40 71.30 130.40 125.20 87.00 97.46
YoY growth 21.52% -2.86% 82.89% -3.99% -30.51% 13.41%

CNOB Fair Value - Key Data

Market Cap (mil) 755.71
P/E 8.69x
Forward P/E 8.52x
EPS 2.27
Avg earnings growth rate 13.41%
TTM earnings 87.00