CNOB
ConnectOne Bancorp, Inc.
CNOB's fundamentals are strong: revenue grew 32% and its operating margin rose 21 points to 46%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
IREN
IREN Limited
There isn't enough reported data to score IREN yet.
CNOB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
CNOB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like CNOB.
IREN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.
CNOB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.8x | $22.45 | -32% |
| Forward | 9.3x | $32.78 | — |
| Fair | 10x | $29.90 | -8.8% |
| Current | 11x | $32.78 | — |
| Expensive | 15x | $41.53 | +27% |
Historical ranges are pointers, not guarantees.
CNOB's PE is 11x, but its earnings don't support one, so it isn't a reliable read right now.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
CNOB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
CNOB has the edge over IREN on the outlook, with more favorable earnings expectations.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
CNOB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.51 | +23% |
| Q3 2026 | $2.86 | +131% |
| Q2 2026 | $3.05 | +251% |
| Q1 2026 | $1.73 | -6.5% |
| Q4 2025 | $1.50 | -15% |
| Q3 2025 | $1.24 | -29% |
| Q2 2025 | $0.87 | -53% |
| Q1 2025 | $1.85 | -2.1% |
| Q4 2024 | $1.77 | -14% |
CNOB has the edge over IREN on earnings quality, reporting a profit while its opponent remains loss making.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.96 | -347% |
| Q2 2026 | -$2.22 | -988% |
| Q1 2026 | $0.51 | +$1.10 |
| Q4 2025 | $1.18 | +$1.62 |
| Q3 2025 | $1.60 | +$1.99 |
| Q2 2025 | $0.25 | +$0.45 |
| Q1 2025 | -$0.59 | -$0.43 |
| Q4 2024 | -$0.44 | -$0.15 |
IREN has swung to a loss: it lost $3.96 per share over the past year, after a profit the year before.
CNOB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $102.8M | -15% |
| Q2 2026 | $121.6M | +45% |
| Q1 2026 | $115.6M | +65% |
| Q4 2025 | $112.6M | +65% |
| Q3 2025 | $121.4M | +85% |
| Q2 2025 | $84.1M | +28% |
| Q1 2025 | $70.2M | +9.4% |
| Q4 2024 | $68.5M | +3.7% |
CNOB's revenue is growing: $103M last quarter, down 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 41% | -5.9 points |
| Q2 2026 | 48% | +78 points |
| Q1 2026 | 45% | +6.4 points |
| Q4 2025 | 47% | +8.7 points |
| Q3 2025 | 47% | +12 points |
| Q2 2025 | -30% | -69 points |
| Q1 2025 | 39% | +3.1 points |
| Q4 2024 | 39% | 0 points |
CNOB has the edge over IREN on profitability, with a higher operating margin.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| Q4 2025 | $184.7M | +59% |
| Q3 2025 | $240.3M | +355% |
| Q2 2025 | $187.3M | +230% |
| Q1 2025 | $144.8M | +168% |
| Q4 2024 | $116.1M | +176% |
IREN's revenue has held roughly level: $228M last quarter, down 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN's operating margin was −82% last quarter, down 50 points from the same quarter a year ago.
CNOB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $84.9M | +150% |
| Q2 2026 | $33.7M | +427% |
| Q1 2026 | $14M | -4.1% |
| Q4 2025 | $46.1M | +54% |
| Q3 2025 | $33.9M | +$49.5M |
| Q2 2025 | $6.4M | -71% |
| Q1 2025 | $14.6M | -28% |
| Q4 2024 | $30M | +21% |
CNOB has the edge over IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6B | -$1.6B |
| Q2 2026 | $482.2M | +2895% |
| Q1 2026 | -$873.8M | -$523.1M |
| Q4 2025 | -$468M | -$334M |
| Q3 2025 | -$38M | +$349.4M |
| Q2 2025 | $16.1M | +$179M |
| Q1 2025 | -$350.7M | -$128.7M |
| Q4 2024 | -$134M | -$105.2M |
IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.
CNOB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +52K shares |
| 1 year | 0% | -6K shares |
| 3 years | +30% | +11.6M shares |
| 5 years | +27% | +10.6M shares |
| Available history | +27% | +10.8M shares |
CNOB has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.6M |
| Q2 2026 | — |
| Q1 2026 | $2.4M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
CNOB spent $4M buying back its own shares over the past year, after none the year before.
IREN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +82.4M shares |
| 1 year | +10% | +36.9M shares |
| 3 years | +511% | +333M shares |
| 5 years | +624% | +344M shares |
| Available history | +2346% | +382M shares |
IREN has 399M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
CNOB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.3x | High |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 4.4x | High |
| Q4 2025 | 5.7x | High |
| Q3 2025 | 5.1x | High |
| Q2 2025 | 7.9x | High |
| Q1 2025 | 3.7x | Elevated |
| Q4 2024 | 4.0x | Elevated |
CNOB's net debt is about 4.3 years of its operating earnings (EBITDA), down from 5.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like CNOB.
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net Cash |
IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.
CNOB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.1 | Neutral |
| Stochastic | 65.4 | Neutral |
CNOB's weekly RSI is 59 (neutral) and its Stochastic is 65 (neutral).
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).
CNOB PE vs Financial Services Sector
| Metric | CNOB | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 12% below |
| PE % | 62 | 63 | 1 pt below |
CNOB is trading at 11x earnings, a 12% discount to the Financial Services sector's median of 13x, though its earnings don't support one.
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
CNOB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.5 | 4% above |
| 20 week MA | $32.1 | 2.2% above |
| 50 week MA | $29.8 | 10% above |
| 100 week MA | $26.9 | 22% above |
| 200 week MA | $23.7 | 38% above |
CNOB has the edge over IREN on trend strength, trading above more of its moving averages.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
IREN has fallen below most of its moving averages, though it's still 2.1% above its 200-week average.
CNOB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.6 | $19.6 | -24% |
| 2021 | $19.6 | $32.1 | +64% |
| 2022 | $32.1 | $24.3 | -24% |
| 2023 | $24.3 | $22.9 | -5.9% |
| 2024 | $22.9 | $22.7 | -1.1% |
| 2025 | $22.7 | $26.9 | +19% |
| 2026 YTD | $26.9 | $32.8 | +22% |
CNOB has the edge over IREN on returns for 2026, with the stronger performance.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $24.8 | $17.2 | -31% |
| 2022 | $17.2 | $1.19 | -93% |
| 2023 | $1.19 | $7.15 | +501% |
| 2024 | $7.15 | $10.7 | +50% |
| 2025 | $10.7 | $40.3 | +276% |
| 2026 YTD | $40.3 | $19.5 | -52% |
IREN's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.