ConnectOne Bancorp, Inc.·Financial Services

ConnectOne Bancorp remains a "Buy," supported by robust Q1 results, NIM expansion, and successful integration of the FLIC acquisition. CNOB's deposit growth and low-cost funding are fueling above-industry loan growth, with NIM expanding 12 bps to 3.39% in Q1. Credit quality is strong overall, though rent-stabilized multifamily exposure presents a watchpoint; reserves and loss-absorbing capacity remain conservative.

ConnectOne Bancorp, Inc. (NASDAQ: CNOB - Get Free Report)'s stock price reached a new 52-week high on Friday after the company announced better than expected quarterly earnings. The company traded as high as $29.50 and last traded at $29.0890, with a volume of 59108 shares trading hands. The stock had previously closed at $28.93. The financial

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While the top- and bottom-line numbers for ConnectOne (CNOB) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.51 per share a year ago.

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 ENGLEWOOD CLIFFS, N.J., April 23, 2026 (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 $36.3 million for the first quarter of 2026 compared with $38.0 million for the fourth quarter of 2025 and $18.7 million for the first quarter of 2025.
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area, and South Florida market. The company offers personal and business checking, retirement, money market, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers check cards, ATM cards, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, automated clearing house origination, mobile banking by phone, safe deposit boxes, and remote deposit capture services. It operates through a network of eight banking offices in Bergen County, five banking offices in Union County, one banking office in Morris County, one office in Essex County, one office in Hudson County, one office in Monmouth County, one banking office in Manhattan in New York City, one office in Nassau County on Long Island, one in Astoria, and five branches in the Hudson Valley, as well as one financial center in West Palm Beach in Palm Beach County. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
Financial Services
Banks - Regional
489
1994-04-04
1.06