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.

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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.

Raymond James analyst William J. Wallace IV on Monday downgraded shares of ConnectOne Bancorp CNOB, -2.43% to outperform from strong buy and trimmed his price estimate by $2 to $38 a share following the company's fourth-quarter results.

ConnectOne Bancorp downgraded to outperform at Raymond James

ConnectOne Bancorp, Inc. (CNOB) CEO Frank Sorrentino on Q4 2021 Results - Earnings Call Transcript

ConnectOne (CNOB) delivered earnings and revenue surprises of 1.28% and 1.10%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

ConnectOne Bancorp (CNOB) Q4 Earnings and Revenues Beat Estimates

ConnectOne (CNOB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on ConnectOne (CNOB)

ENGLEWOOD CLIFFS, N.J., Jan. 27, 2022 (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 $31.3 million for the fourth quarter of 2021, compared with $32.1 million for the third quarter of 2021 and $25.6 million for the fourth quarter of 2020. Diluted earnings per share were $0.79 for the fourth quarter of 2021 compared with $0.80 for the third quarter of 2021 and $0.64 for the fourth quarter of 2020. The $0.8 million decrease in net income available to common stockholders and $0.01 decrease in diluted earnings per share versus the third quarter of 2021 were primarily due to $1.7 million in preferred dividends, a $1.4 million increase in income tax expense and a $0.2 million decrease in noninterest income, partially offset by a $2.2 million increase in net interest income, a $0.3 million decrease in provision for credit losses and a $0.1 million decrease in noninterest expenses. The $5.7 million increase in net income available to common stockholders and $0.15 increase in diluted earnings per share versus the fourth quarter of 2020 were due to a $9.1 million increase in net interest income, a $0.3 million increase in noninterest income, and a $4.2 million decrease in the provision for credit losses, partially offset by a $1.7 million increase in noninterest expenses, a $4.5 million increase in income tax expense, and $1.7 million in preferred dividends.   Full-year 2021 net income available to common stockholders was $128.6 million, compared to $71.3 million for 2020. Diluted earnings per share for the full-year 2021 was $3.22, compared with $1.79 for 2020.

ConnectOne Bancorp, Inc. Reports Fourth Quarter and Record Full-Year 2021 Results

Does ConnectOne Bancorp (CNOB) have what it takes to be a top stock pick for momentum investors? Let's find out.

ConnectOne Bancorp (CNOB) is a Great Momentum Stock: Should You Buy?

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.

ConnectOne Bancorp (CNOB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ENGLEWOOD CLIFFS, N.J., Jan. 13, 2022 (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 fourth quarter ended December 31, 2021, before the market opens on Thursday, January 27, 2022. Management will also host a conference call and audio webcast at 10:00 a.m. ET on January 27, 2022, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2021 Fourth Quarter Results Conference Call on January 27, 2022

ConnectOne (CNOB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

ConnectOne (CNOB) Hits 52-Week High, Can the Run Continue?

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ConnectOne (CNOB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in ConnectOne (CNOB) Should Keep going

ConnectOne Bancorp, Inc. (CNOB) CEO Frank Sorrentino on Q3 2021 Results - Earnings Call Transcript

ConnectOne (CNOB) delivered earnings and revenue surprises of 6.67% and 4.80%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

ConnectOne Bancorp (CNOB) Surpasses Q3 Earnings and Revenue Estimates

ENGLEWOOD CLIFFS, N.J., Oct. 28, 2021 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income of $32.1 million for the third quarter of 2021, compared with $32.2 million for the second quarter of 2021 and $24.8 million for the third quarter of 2020. Diluted earnings per share were $0.80 for the third quarter of 2021 compared with $0.81 in the second quarter of 2021 and $0.62 in the third quarter of 2020. The $0.1 million decrease in net income and $0.01 decrease in diluted earnings per share versus the second quarter of 2021 were primarily due an increase in the provision for credit losses of $2.7 million, an increase in noninterest expenses of $1.9 million, and a decrease in noninterest income of $0.5 million, largely offset by an increase in net interest income of $5.2 million. The $7.3 million increase in net income and $0.18 increase in diluted earnings per share versus the third quarter of 2020 were due to an increase in net interest income of $7.7 million, an increase in noninterest income of $0.5 million, and a decrease in the provision for credit losses of $3.9 million, partially offset by increases noninterest expenses of $1.7 million and income tax expense of $3.1 million.

ConnectOne Bancorp, Inc. Reports Solid Third Quarter 2021 Results; Declares 18% Increase in Quarterly Common Dividend and Increases Share Repurchase Program by 2 Million Shares

ConnectOne Bancorp (CNOB) Earnings Expected to Grow: Should You Buy?

Here's Why Momentum Investors Will Love ConnectOne Bancorp (CNOB)

Here's What Could Help ConnectOne (CNOB) Maintain Its Recent Price Strength

ENGLEWOOD CLIFFS, N.J., Aug. 12, 2021 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ: “CNOB”), (the “Company”), the holding company for ConnectOne Bank (the “Bank”), announced today that it has priced a public offering of 4,000,000 depositary shares with a liquidation preference of $25.00 per share (the "Depositary Shares"), for gross proceeds of $100,000,000 before deducting underwriting discounts and other estimated offering expenses. Each Depositary Share represents a 1/40th interest in a share of the Company's 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. In connection with the offering, the Company has granted the underwriters an option for 30 days to purchase up to an additional 600,000 Depositary Shares. The Company intends to list the Depositary Shares on The Nasdaq Global Select Market under the symbol "CNOBP." The offering is subject to customary closing conditions and is expected to close on or about August 19, 2021.

ConnectOne Bancorp, Inc. Announces Pricing of Depositary Shares Offering

ConnectOne Bancorp, Inc. (CNOB) CEO Frank Sorrentino on Q2 2021 Results - Earnings Call Transcript

ConnectOne (CNOB) delivered earnings and revenue surprises of 12.50% and 4.15%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

ConnectOne Bancorp (CNOB) Beats Q2 Earnings and Revenue Estimates

ENGLEWOOD CLIFFS, N.J., July 29, 2021 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income of $32.2 million for the second quarter of 2021 compared with $33.0 million for the first quarter of 2021 and $14.8 million for the second quarter of 2020. Diluted earnings per share were $0.81 for the second quarter of 2021 compared with $0.82 in the first quarter of 2021 and $0.37 in the second quarter of 2020. The decrease in net income and diluted earnings per share from the first quarter of 2021 was primarily due to a $4.1 million decrease in the release of provision for credit losses, partially offset by a $1.9 million increase in net interest income, a $1.0 million increase in noninterest income, and a $0.2 million decrease income tax expense. The increase in net income and diluted earnings per share from the second quarter of 2020 was primarily due to a $16.7 million decrease in the provision for credit losses, a $2.2 million increase in net interest income, a $6.8 million decrease in noninterest expenses, offset by an $8.1 million increase in income tax expense.

ConnectOne Bancorp, Inc. Reports Second Quarter 2021 Results; Declares Common Dividend

ENGLEWOOD CLIFFS, N.J., July 15, 2021 (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, 2021, before the market opens on Thursday, July 29, 2021. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 29, 2021, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2021 Second Quarter Results Conference Call on July 29, 2021

ConnectOne Bancorp (CNOB) has been struggling lately, but the selling pressure may be coming to an end soon.

ConnectOne Bancorp (CNOB) Sees Hammer Chart Pattern: Time to Buy?

ConnectOne (CNOB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

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