ConnectOne Bancorp, Inc.
ConnectOne Bancorp, Inc. (NASDAQ: CNOB) is trading at $31.06, about ₹2,982 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.55% today. Indian residents can buy ConnectOne Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$30.93
Today's high
$31.29
52 week low
$23.20
52 week high
$34.14
CNOB opened at $31.03, closed previously at $30.89, and has traded between $23.20 and $34.14 over the past 52 weeks.
About
ConnectOne Bancorp, Inc. (CNOB) serves as the holding company for ConnectOne Bank, a financial institution providing a comprehensive array of commercial banking products and services. The bank caters to small and medium-sized businesses, local professionals, and individual clients across its operating regions, which include Northern New Jersey, the greater New York Metropolitan area, and the South Florida market. Its offerings include a variety of deposit accounts such as personal and business checking, retirement plans, money market accounts, and both time and savings deposits. ConnectOne Bank extends diverse credit facilities, encompassing secured and unsecured consumer and commercial business loans, revolving lines of credit, commercial mortgage loans, residential mortgages for primary and secondary residences, home equity loans, bridge loans, other personal purpose loans, and financing for commercial construction and real estate projects. Beyond lending and deposits, the company provides essential banking services such as check cards, ATM cards, credit cards, wire transfers, automated teller machine access, online banking platforms, treasury direct services, Automated Clearing House (ACH) origination, mobile banking via phone, secure safe deposit boxes, and remote deposit capture capabilities. The bank maintains an extensive physical presence, operating eight branches in Bergen County, five in Union County, and one each in Morris, Essex, Hudson, and Monmouth Counties in New Jersey. In New York, it has an office in Manhattan, one in Nassau County on Long Island, another in Astoria, and five additional branches situated throughout the Hudson Valley. Furthermore, it operates a financial center in West Palm Beach, Florida. Originally incorporated in 1982 as Center Bancorp, Inc., the company adopted its current name, ConnectOne Bancorp, Inc., in July 2014. Its corporate headquarters are located in Englewood Cliffs, New Jersey.
Key statistics
Avg. volume
418.71K
Market cap
$1.56B
P/E Ratio
9.19
Price-to-sales ratio
2.55
Enterprise value
$1.56B
Free cash flow yield
8.24%
Debt-to-equity ratio
0.02
Return on equity
10.11%
ROIC
0.60%
Beta
1.02
Dividend yield
2.41%
Last dividend
$0.75
Financial overview
Revenue
$606.47M
Earnings per share
$1.48
Free cash flow
$101.01M
Net profit margin
26.13%
Gross margin
45.32%
EBITDA
$126.75M
Revenue growth
13.44%
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This is not an investment recommendation
How to buy ConnectOne Bancorp from India
Indian residents can buy ConnectOne Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for ConnectOne Bancorp and place an order
Find ConnectOne Bancorp by name or by its ticker, CNOB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. ConnectOne Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your ConnectOne Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in ConnectOne Bancorp from India
Trading and taxes when buying ConnectOne Bancorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. ConnectOne Bancorp’s current yield is 2.41%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy ConnectOne Bancorp stock?
Yes. ConnectOne Bancorp (CNOB) has been listed on NASDAQ since 1994, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one ConnectOne Bancorp share cost in rupees?
One ConnectOne Bancorp share is $31.06 — about ₹2,982 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the ConnectOne Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying ConnectOne Bancorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of ConnectOne Bancorp?
Yes. One ConnectOne Bancorp share is $31.06, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in ConnectOne Bancorp.
How are gains on ConnectOne Bancorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the ConnectOne Bancorp price. Paasa issues a capital-gains statement for your return.
Does ConnectOne Bancorp pay a dividend, and how is it taxed in India?
Yes. ConnectOne Bancorp pays a dividend and the current yield is 2.41%; the last declared dividend was $0.75 per share, about ₹72.02. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade ConnectOne Bancorp from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on ConnectOne Bancorp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare ConnectOne Bancorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your ConnectOne Bancorp holding, its cost and its closing value.
How do I sell ConnectOne Bancorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.