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Center Bancorp

CNOB

ConnectOne Bancorp Inc is a regional financial services company that operates primarily through its subsidiary, ConnectOne Bank, serving the New York Metropolitan area and Florida.

Market cap
$1.66B+42.2%
Net income$98.0M+27.6%
Free cash flow$100.4M+15.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Net income$37.8M+86.8%

Balance sheet

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Cash & equivalents$344.5M+17.7%
Total debt$858.0M+36.7%
Total equity$1.6B+27.0%
Total assets$14.2B+45.6%

Cash flow

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Operating cash flow$15.3M+2.9%
CapEx$1.3M+389%
Free cash flow$14.0M-4.1%

Valuation & ratios

Valuation

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Market cap$1.66B+42.2%
Enterprise value$2.18B+55.5%
P/E17×-14.5×

Returns & leverage

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Return on equity6.9%+0.7pp
Debt / equity0.5×0.0×

Competitors

Profile

ConnectOne Bancorp Inc is a regional financial services company that operates primarily through its subsidiary, ConnectOne Bank, serving the New York Metropolitan area and Florida. The company utilizes a 'branch-lite' model, combining high-tech digital tools with specialized relationship officers to provide commercial and consumer banking solutions. Its core value proposition centers on delivering sophisticated fintech-enabled services with the personalized attention of a community bank.

Competitive position

A high-performing regional player utilizing a technology-driven 'branch-lite' strategy to compete with larger money-center banks through superior service and local decision-making.

GeographiesNew Jersey, New York, Florida, United States
Customer segmentsSMEs, Retail, Commercial Real Estate
Business modelInterest Spread, Fee-based services, Marketplace
SuppliersDepositors, Federal Reserve System, Technology and core banking software providers, FDIC insurance
CustomersSmall business owners, Real estate developers, Franchise operators, Retail banking clients
Listed1995
Employees499.0
CEOFrank S. Sorrentino
FilingsSEC EDGAR

Questions, answered.

What is Center Bancorp's market cap?
Center Bancorp (CNOB) has a market capitalization of $1.7B and trades on NASDAQ.
Who are Center Bancorp's competitors?
Center Bancorp's key competitors include JPMorgan Chase & Co., Valley National Bancorp, Byline Bancorp, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Center Bancorp partner with?
Center Bancorp's notable partners include IntraFi Network LLC, ModernFi.
What subsidiaries does Center Bancorp have?
Center Bancorp's subsidiaries include ConnectOne Bank, BoeFly, Inc, The First National Bank of Long Island.
Where is Center Bancorp headquartered?
Center Bancorp is headquartered in United States of America and employs approximately 499 people. It has been publicly traded since 1995.