ConnectOne Bancorp

ConnectOne Bancorp, Inc. is a holding company, which engages in the provision of financial services. It offers personal and commercial business loans on a secured and unsecured basis, revolving lines of credit, commercial mortgage loans, and residential mortgages. The company was founded on November 12, 1982 and is headquartered in Englewood Cliffs, NJ.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ConnectOne Bancorp reports strong Q4 performance amidst sector challenges

ConnectOne Bancorp's Q4 2022 performance showcased robust financial metrics and strategic growth initiatives.
While facing challenges in net interest margin and deposit competition, the company's credit performance and operational strength remained solid.
Strategic investments in technology and a focus on monitoring key sectors position ConnectOne for continued growth and resilience.

ConnectOne Bancorp reports solid Q1 performance amidst margin challenges

ConnectOne Bancorp's Q1 2023 performance showcased solid credit metrics, a conservative client-centric model, and successful net deposit inflows, despite margin compression and expense increases.
The bank's strengths include strategic client relationships, a diversified balance sheet, and opportunities for growth through market disruptions and deposit expansion.
Challenges from margin compression, expense increases, and managing liquidity persist, while opportunities lie in continued deposit growth, building a strong client franchise, and optimizing asset valuations.

ConnectOne Bancorp reports resilient Q2 performance and growth strategies

ConnectOne Bancorp's Q2 2023 performance showcased resilience amidst credit policy impacts, emphasizing stable deposits, strong capital levels, and a focus on growth through technology and innovation. Despite challenges in net interest margin compression, the bank's proactive approach to credit quality and client support positions it well for future opportunities and sustained success.

ConnectOne Bancorp remains resilient amidst challenges, eyes growth opportunities

ConnectOne Bancorp navigated a challenging operating environment in Q3 2023 with confidence in returning to historical profitability levels. The company's focus on efficiency, digital enhancements, and stable credit metrics positions it well for future growth.
Despite challenges such as margin contraction and potential tax rate increases, ConnectOne Bancorp maintains strong capital ratios and a positive outlook. Opportunities for growth lie in deposit stabilization, loan repricing, and talent acquisition efforts.

ConnectOne Bancorp (CNOB) maintains profitability amidst industry challenges

ConnectOne Bancorp (CNOB) showcased resilience in the face of industry challenges, with a strategic focus on relationship-based lending, technology initiatives, and shareholder value enhancement. The company anticipates gradual growth in 2024, driven by strong fundamentals and disciplined approaches to credit and expenses.

ConnectOne Bancorp reports strong Q1 performance and eyes growth opportunities

ConnectOne Bancorp's Q1 call highlighted strong performance, focus on relationship banking, and optimism for future growth. Challenges include balancing loan portfolio diversification and managing deposit rates. Opportunities lie in NIM expansion and flexible rent increases in New York market.

ConnectOne Bancorp excels in Q2 2024, poised for sustainable growth

ConnectOne Bancorp's Q2 2024 performance reflects strong financial health, growth potential, and a commitment to shareholder value.
The company's focus on core relationships, effective management strategies, and financial stability positions it well for future success.
While facing challenges in managing expenses and sustaining fee income, ConnectOne Bancorp has opportunities to drive growth through strategic initiatives.
Overall, ConnectOne Bancorp's Q2 results demonstrate resilience, strategic foresight, and a solid foundation for continued success in the financial sector.

ConnectOne Bancorp anticipates growth post-merger with First of Long Island

ConnectOne Bancorp's Q3 performance showcased stability in net interest margin and strong credit quality.
The upcoming merger with First of Long Island Corporation offers growth prospects and revenue synergies.
While facing challenges like rising expenses, ConnectOne remains optimistic about post-merger growth opportunities.

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ConnectOne Bancorp, Inc. is a holding company, which engages in the provision of modern financial services. It offers commercial, commercial real estate, commercial construction, residential real estate, and consumer loans. The company was founded on November 12, 1982 and is headquartered in Englewood Cliffs, NJ.

ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q3 2024 Earnings Call Transcript October 24, 2024 10:00 AM ET Company Participants Siya Vansia - Chief Brand & Innovation Officer Frank Sorrentino - Chairman & Chief Executive Officer Bill Burns - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Matt Breese - Stephens Inc. Dan Tamayo - Raymond James Frank Schiraldi - Piper Sandler Tim Switzer - KBW Operator Hello, and welcome to ConnectOne Bancorp Third Quarter 2024 Earnings Call. Please note that all lines are in listen-only mode.

ConnectOne Bancorp, Inc. (CNOB) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for ConnectOne (CNOB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

ConnectOne (CNOB) Reports Q3 Earnings: What Key Metrics Have to Say

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.51 per share a year ago.

ConnectOne Bancorp (CNOB) Misses Q3 Earnings and Revenue Estimates

ENGLEWOOD CLIFFS, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the third quarter ended September 30, 2024, before the market opens on Thursday, October 24, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on October 24, 2024, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2024 Third Quarter Results Conference Call on October 24, 2024

NEW YORK , Sept. 11, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

CNOB INVESTIGATION: The M&A Class Action Firm Investigates the Merger of ConnectOne Bancorp, Inc. - CNOB

First of Long Island

CNOB is set to acquire FLIC for $284 million in an all-stock deal to expand its presence in Long Island. It is set to be 36% accretive to 2025 earnings.

ConnectOne Bancorp to Acquire The First of Long Island for $284M

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The First of Long Island Corporation (NasdaqCM: FLIC) to ConnectOne Bancorp, Inc. (NasdaqGS: CNOB). Under the terms of the proposed transaction, shareholders of FLIC will receive 0.5175 shares of ConnectOne for each share of FLIC that they own. KSF is seeking to determine whether this consideration and the pro.

FIRST OF LONG ISLAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First of Long Island Corporation - FLIC

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of ConnectOne Bancorp, Inc. (NASDAQ: CNOB) and The First of Long Island Corporation is fair to ConnectOne shareholders. Halper Sadeh encourages ConnectOne shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ConnectO.

CNOB Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of ConnectOne Bancorp, Inc. is Fair to Shareholders

ConnectOne Bancorp has agreed to buy smaller peer First of Long Island in an all-stock deal valued at $284 million, the companies said on Thursday.

ConnectOne Bancorp to buy First of Long Island in $284 mln deal

ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) ("ConnectOne or “Company"), parent company of ConnectOne Bank, and The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island, jointly announced today that they have entered into a definitive agreement pursuant to which First of Long Island will merge with and into ConnectOne. The combined company will operate under the ConnectOne brand, and will have approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans.

ConnectOne Bancorp, Inc. to Expand on Long Island Through Merger with The First of Long Island Corporation

ConnectOne Bancorp has experienced growth since its founding nearly 20 years ago, with preferred shares rallying since the regional banking crisis. Financial results show a decreased net interest spread due to increased borrowing yields, but the net interest margin remains stable. Loan and deposit growth at CNOB has been stagnant, with potential risks including loan performance and the presence of uninsured deposits.

ConnectOne Bancorp: Preferred Shares Not Offering Attractive Yield

ConnectOne (CNOB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

ConnectOne (CNOB) Upgraded to Buy: Here's What You Should Know

ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and Chief Executive Officer William Burns - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Timothy Switzer - KBW Frank Schiraldi - Piper Sandler Daniel Tamayo - Raymond James Matthew Breese - Stephens Operator Thank you for standing by. At this time, I'd like to welcome everyone to the ConnectOne Bancorp, Inc. Second Quarter 2024 Earnings Call.

ConnectOne Bancorp, Inc. (CNOB) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for ConnectOne (CNOB) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About ConnectOne (CNOB) Q2 Earnings

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.51 per share a year ago.

ConnectOne Bancorp (CNOB) Q2 Earnings and Revenues Surpass Estimates

ENGLEWOOD CLIFFS, N.J., July 25, 2024 (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 $17.5 million for the second quarter of 2024 compared with $15.7 million for the first quarter of 2024 and $19.9 million for the second quarter of 2023. Diluted earnings per share were $0.46 for the second quarter of 2024 compared with $0.41 for the first quarter of 2024 and $0.51 for the second quarter of 2023.

ConnectOne Bancorp, Inc. Reports Second Quarter 2024 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., July 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the second quarter ended June 30, 2024, before the market opens on Thursday, July 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 25, 2024, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2024 Second Quarter Results Conference Call on July 25, 2024

Strategic Appointment Builds on Regional Bank's Sustainable Growth Strategy Strategic Appointment Builds on Regional Bank's Sustainable Growth Strategy

ConnectOne Bancorp, Inc. Adds Veteran Banking and Financial Services Consultant Susan O'Donnell to Board of Directors

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11 Upcoming Dividend Increases Including A King

Although the revenue and EPS for ConnectOne (CNOB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

ConnectOne (CNOB) Reports Q1 Earnings: What Key Metrics Have to Say

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.59 per share a year ago.

ConnectOne Bancorp (CNOB) Q1 Earnings Lag Estimates

ENGLEWOOD CLIFFS. N.J., April 25, 2024 (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 $15.7 million for the first quarter of 2024 compared with $17.8 million for the fourth quarter of 2023 and $23.4 million for the first quarter of 2023. Diluted earnings per share were $0.41 for the first quarter of 2024 compared with $0.46 for the fourth quarter of 2023 and $0.59 for the first quarter of 2023. The decrease in net income available to common stockholders and diluted earnings per share from the fourth quarter of 2023 was primarily due to a $1.5 million decrease in net interest income, a $1.3 million increase to the provision for credit losses, and a $0.4 million decrease in noninterest income, partially offset by a $0.3 million decrease in income tax expense and a $0.8 million decrease in noninterest expenses. The decrease in net income available to common stockholders from the first quarter of 2023 was primarily due to a $6.8 million decrease in net interest income, a $3.0 million increase in the provision for credit losses, and a $2.2 million increase in noninterest expenses, partially offset by a $3.2 million decrease in income tax expense and a $1.1 million increase in noninterest income.

Connectone Bancorp, Inc. Reports First Quarter 2024 Results; Declares Preferred and Increased Common Dividends

ConnectOne (CNOB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate ConnectOne Bancorp (CNOB) to Report a Decline in Earnings: What to Look Out for

ENGLEWOOD CLIFFS, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the first quarter ended March 31, 2024, before the market opens on Thursday, April 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on April 25, 2024, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2024 First Quarter Results Conference Call on April 25, 2024

ConnectOne Bancorp, Inc. (CNOB) Q4 2023 Earnings Call Transcript

News for ConnectOne Bancorp Stock (CNOB)