About ConnectOne Bancorp, Inc. - Common Stock (CNOB)
ConnectOne Bancorp is a financial services holding company that provides a range of banking services primarily through its subsidiary bank. The company focuses on delivering personalized banking experiences to its customers, which include individuals, small to mid-sized businesses, and commercial clients. ConnectOne Bancorp offers various products, including deposit accounts, loans, and credit facilities, while emphasizing community engagement and innovative banking solutions. With a commitment to customer service, the company seeks to foster long-lasting relationships and support the financial needs of its clients within its operational regions. Read More
ConnectOne Bancorp (NASDAQ:CNOB) reported stronger second-quarter 2026 earnings, with management citing continued margin expansion, balance sheet growth and benefits from its Long Island acquisition completed a little over a year ago.
Chairman and Chief Executive Officer Frank Sorrentino said the c
OPERATING PERFORMANCE ACCELERATESSEQUENTIAL LOAN GROWTH OF 5% AND CORE DEPOSIT GROWTH OF 8%, ANNUALIZEDNET INTEREST MARGIN WIDENS TO 3.42%TANGIBLE BOOK VALUE PER SHARE INCREASESCOMMON & PREFERRED DIVIDENDS PER SHARE DECLARED
NET INTEREST MARGIN WIDENS BY 12 BASIS POINTS; TREND CONFIRMED10% ANNUALIZED LOAN GROWTHOPERATING PERFORMANCE ACCELERATESTANGIBLE BOOK VALUE PER SHARE INCREASES8.3% INCREASE IN COMMON DIVIDEND PER SHARE DECLARED
Net Interest Margin Widens By 16 Basis PointsPerformance Metrics Gain MomentumBranch Rationalization to Result In 5 ClosuresCredit Trends Remain SolidDeclares Common and Preferred Dividends
ENGLEWOOD CLIFFS, N.J., July 29, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported a net loss available to common stockholders of $(21.8) million for the second quarter of 2025 compared with net income available to common stockholders of $18.7 million for the first quarter of 2025 and $17.5 million for the second quarter of 2024. Diluted earnings per share were $(0.52) for the second quarter of 2025 compared with $0.49 for the first quarter of 2025 and $0.46 for the second quarter of 2024. On June 1, 2025, the merger with The First of Long Island Corporation (“FLIC”) was completed. The full quarter results of the combined entity include one month of activity from FLIC. Historical financial information includes only the operations of ConnectOne, pre-merger. Return on average assets was (0.73)%, 0.84% and 0.79% for the three months ended June 30, 2025, March 31, 2025 and June 30, 2024, respectively. Return on average tangible common equity was (8.42)%, 8.25% and 7.98% for the three months ended June 30, 2025, March 31, 2025 and June 30, 2024, respectively.
ENGLEWOOD CLIFFS, N.J., June 02, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced the completion of its previously announced merger with The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island. With the completion of the transaction, the combined company is operating under the ConnectOne brand, with approximately $14 billion in total assets, $11 billion in total deposits and $11 billion in total loans.
ENGLEWOOD CLIFFS, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income available to common stockholders of $18.7 million for the first quarter of 2025 compared with $18.9 million for the fourth quarter of 2024 and $15.7 million for the first quarter of 2024. Diluted earnings per share were $0.49 for the first quarter of 2025 compared with $0.49 for the fourth quarter of 2024 and $0.41 for the first quarter of 2024. Return on average assets was 0.84%, 0.84% and 0.70% for the three months ended March 31, 2025, December 31, 2024 and March 31, 2024, respectively. Return on average tangible common equity was 8.25%, 8.27% and 7.15% for the three months ended March 31, 2025, December 31, 2024 and March 31, 2024, respectively.
CNOB rises after KBW analyst upgrades to Outperform with $32 price target, citing potential catalysts including merger, NIM expansion, and Fed rate cuts.
