ConnectOne Bancorp (NASDAQ:CNOBP) Stock Price Up 0.4% – Should You Buy?

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was up 0.4% during trading on Wednesday . The stock traded as high as $24.30 and last traded at $24.30. Approximately 2,805 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 6,739 shares. The stock had previously closed at $24.21.

ConnectOne Bancorp Trading Up 0.4%

The company’s 50-day simple moving average is $24.10 and its two-hundred day simple moving average is $23.67.

ConnectOne Bancorp (NASDAQ:CNOBP) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.52 EPS for the quarter. The firm had revenue of $67.04 million for the quarter.

ConnectOne Bancorp Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a $0.3281 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.31 annualized dividend and a yield of 5.4%.

About ConnectOne Bancorp

ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a regional commercial bank headquartered in Englewood Cliffs, New Jersey. Established through the 2006 merger of Northern Jersey Bancorp and Bergen Bancorp, ConnectOne Bank focuses on serving small- to middle-market businesses, professional firms and individual customers. The company’s core business activities include commercial lending, specialty finance, treasury management and deposit services.

ConnectOne Bank provides a comprehensive suite of financial products and services.