ConnectOne Bancorp, Inc.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$34.35
Market Price
$30.52
Undervalued By
11.1%
Method: Warranted price-to-book model: $31.71 current book value per share ($1
Reasoning: 592M total stockholders' equity / 50.21M shares); forward ROE of 10.5% (post-merger synergy assumption); 10% cost of equity; 4% long-run growth; warranted P/B = (ROE - g)/(cost of equity - g) = 1.08x