ConnectOne Bancorp (CNOB) just packed several key moves into its 22 October update, combining third quarter earnings, fresh dividend declarations and a progress report on its long running share repurchase plan.
Those updates landed after a strong run for ConnectOne Bancorp, with the share price at $32.84 and a 7 day share price return of 8.81% building on a 25.73% year to date gain. The 1 year total shareholder return of 38.71% and 3 year total shareholder return of about 12x signal longer term momentum that recent earnings, dividends and buybacks are helping to refocus around the bank’s risk and growth profile.
Spot 29 high quality undervalued stocks that share ConnectOne Bancorp’s mix of earnings updates, dividends and buybacks, and see which other banks are drawing similar attention right now.The share price reset and mixed third quarter picture at ConnectOne Bancorp sharpen the trade off between income, credit risk and growth. After this jump, does the current valuation still skew the risk reward towards buyers?
Most Popular Narrative: 11% Undervalued
ConnectOne Bancorp’s most followed narrative pegs fair value at $36.75, comfortably above the recent $32.84 close. This puts the spotlight squarely on what is driving that gap.
The current valuation, with the stock described as undervalued relative to estimated intrinsic value and earnings forecasts in the mid 20% to low 30% range for 2026, suggests the share price does not fully reflect ConnectOne Bancorp’s margin expansion, capital build and dividend growth profile.
See why 8 investors see ConnectOne Bancorp as 11% undervalued.
Result: Fair Value of $36.75 (UNDERVALUED)
Still, the ConnectOne Bancorp story can change quickly if rent stabilized multifamily issues spread or if higher funding costs squeeze that 3.42% net interest margin.
Find out about the key risks to this ConnectOne Bancorp narrative.
Next Steps
Opinion on ConnectOne Bancorp is clearly split, so this is the moment to look at the numbers yourself and decide where you stand. To see what is driving the optimism, review the 5 key rewards.
Looking for more investment ideas beyond ConnectOne Bancorp?
Do not stop with just one bank. Broaden your watchlist with a few focused stock ideas that match different risk, income and quality preferences.
- Target potential turnaround opportunities by scanning the 7 elite penny stocks with strong financials that pair higher risk with stronger balance sheets and real operating businesses behind the tickers.
- Zero in on quality at a discount by reviewing the 29 high quality undervalued stocks that combine robust fundamentals with prices that sit below their estimated worth.
- Prioritise durability and capital preservation by checking the 30 resilient stocks with low risk scores that score well on financial strength and more stable trading patterns.
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