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 Q3 2023

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ConnectOne Bancorp, Inc. is a holding company, which engages in the provision of modern financial services. The firm 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.

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NEW YORK--(BUSINESS WIRE)-- #KBRA--On July 28, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the short-term debt rating of K3 for Englewood Cliffs, New Jersey-based ConnectOne Bancorp, Inc. (NASDAQ: CNOB) ("ConnectOne" or "the company"). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for lead.

KBRA Releases Surveillance Report for ConnectOne Bancorp, Inc.

ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q2 2023 Earnings Conference Call July 27, 2023 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 Elizabeth Magennis - President of ConnectOne Bank Conference Call Participants Michael Perito - KBW Daniel Tamayo - Raymond James Frank Schiraldi - Piper Sandler Matthew Breese - Stephens Inc. Operator Good morning, and welcome to the ConnectOne Bancorp, Inc. Second Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

ConnectOne Bancorp, Inc. (CNOB) Q2 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the short-term debt rating of K3 for Englewood Cliffs, New Jersey-based ConnectOne Bancorp, Inc. (NASDAQ: CNOB) ("ConnectOne" or "the company"). In addition, KBRA affirms the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for its main subsidiary, Con.

KBRA Affirms Ratings for ConnectOne Bancorp, Inc.

The headline numbers for ConnectOne (CNOB) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, ConnectOne (CNOB) Q2 Earnings: A Look at Key Metrics

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.78 per share a year ago.

ConnectOne Bancorp (CNOB) Q2 Earnings and Revenues Lag Estimates

ENGLEWOOD CLIFFS, N.J., July 27, 2023 (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 $19.9 million for the second quarter of 2023 compared with $23.4 million for the first quarter of 2023 and $30.8 million for the second quarter of 2022. Diluted earnings per share were $0.51 for the second quarter of 2023 compared with $0.59 for the first quarter of 2023 and $0.78 for the second quarter of 2022. The decrease in net income available to common stockholders and diluted earnings per share from the first quarter of 2023 was primarily due to a decrease in net interest income of $3.2 million, an increase in provision for credit losses of $2.0 million and an increase in noninterest expenses of $0.6 million, partially offset by an increase in noninterest income of $0.6 million and a decrease in income tax expenses of $1.6 million. The decrease in net income available to common stockholders and diluted earnings per share from the second quarter of 2022 was primarily due to a decrease in net interest income of $11.7 million and an increase in noninterest expenses of $3.7 million, partially offset by an increase of $0.1 million in noninterest income and a decrease in income tax expenses of $4.5 million.

ConnectOne Bancorp, Inc. Reports Second Quarter 2023 Results; Declares Common and Preferred 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., July 13, 2023 (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, 2023, before the market opens on Thursday, July 27, 2023. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 27, 2023, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2023 Second Quarter Results Conference Call on July 27, 2023

ConnectOne Bancorp has been caught in the regional bank selloff. The bank's preferred shares have also sold off, creating a good income opportunity.

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ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q1 2023 Earnings Conference Call April 27, 2023 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and Chief Executive Officer Bill Burns - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Frank Schiraldi - Piper Sandler Matthew Breese - Steven Operator Good morning and welcome to the ConnectOne Bancorp, Inc First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

ConnectOne Bancorp, Inc. (CNOB) Q1 2023 Earnings Call Transcript

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.75 per share a year ago.

ConnectOne Bancorp (CNOB) Q1 Earnings and Revenues Lag Estimates

ENGLEWOOD CLIFFS, N.J., April 27, 2023 (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 $23.4 million for the first quarter of 2023, compared with $31.0 million for the fourth quarter of 2022 and $29.9 million for the first quarter of 2022. Diluted earnings per share were $0.59 for the first quarter of 2023 compared with $0.79 for the fourth quarter of 2022 and $0.75 for the first quarter of 2022. The $7.6 million decrease in net income available to common stockholders and $0.20 decrease in diluted earnings per share versus the fourth quarter of 2022 were primarily due to a $10.9 million decrease in net interest income, a $0.7 decrease in noninterest income, and a $1.6 million increase in noninterest expenses, partially offset by a decrease in provision for credit losses of $2.3 million and a $3.3 million decrease in income tax expense. The $6.5 million decrease in net income available to common stockholders and $0.16 decrease in diluted earnings per share versus the first quarter of 2022 were due to a $3.3 million decrease in net interest income, a $0.3 million decrease in noninterest income, and a $5.6 million increase in noninterest expenses, partially offset by a decrease in provision for credit losses of $0.4 million and a $2.3 million decrease in income tax expenses.

ConnectOne Bancorp, Inc. Reports First Quarter 2023 Results

ENGLEWOOD CLIFFS, N.J., April 13, 2023 (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, 2023, before the market opens on Thursday, April 27, 2023. Management will also host a conference call and audio webcast at 10:00 a.m. ET on April 27, 2023, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2023 First Quarter Results Conference Call on April 27, 2023

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ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q4 2022 Results Conference Call January 27, 2023 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and Chief Executive Officer Bill Burns - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Michael Perito - KBW Daniel Tamayo - Raymond James Matthew Breese - Stephens Inc. Operator Greetings. Welcome to ConnectOne Bancorp Incorporated Fourth Quarter 2022 Earnings Call.

ConnectOne Bancorp, Inc. (CNOB) Q4 2022 Earnings Call Transcript

ConnectOne (CNOB) delivered earnings and revenue surprises of -4.82% and 3.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ConnectOne Bancorp (CNOB) Misses Q4 Earnings and Revenue Estimates

ENGLEWOOD CLIFFS, N.J., Jan. 26, 2023 (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 $31.0 million for the fourth quarter of 2022 compared with $27.4 million for the third quarter of 2022 and $31.3 million for the fourth quarter of 2021. Diluted earnings per share were $0.79 for the fourth quarter of 2022 compared with $0.70 in the third quarter of 2022 and $0.79 in the fourth quarter of 2021. The increase in net income available to common stockholders and diluted earnings per share from the third quarter of 2022 was primarily attributable to a $6.7 million decrease in the provision for credit losses due to changes in forecasted macroeconomic factors and a $0.2 million increase in noninterest income, partially offset by a $0.2 million decrease in net interest income, a $1.2 million increase in noninterest expenses and a $1.9 million increase in income tax expenses. The decrease in net income available to common stockholders from the fourth quarter of 2021 was primarily due to a $5.2 million increase in noninterest expenses and a $2.5 million increase in the provision for credit losses, partially offset by a $7.5 million increase in net interest income. Full-year 2022 net income available to common stockholders was $119.2 million, compared to $128.6 million for 2021. Diluted earnings per share for the full-year 2022 was $3.01, compared with $3.22 for 2021.

ConnectOne Bancorp, Inc. Reports Fourth Quarter and Full-Year 2022 Results; Declares Common and Preferred Dividends

ConnectOne (CNOB) possesses 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) Reports Next Week: Wall Street Expects Earnings Growth

ENGLEWOOD CLIFFS, N.J., Jan. 12, 2023 (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, 2022, before the market opens on Thursday, January 26, 2023. Management will also host a conference call and audio webcast at 10:00 a.m. ET on January 26, 2023, to review the Company's financial performance and operating results.

ConnectOne Bancorp, Inc. to Host 2022 Fourth Quarter Results Conference Call on January 26, 2023

ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q3 2022 Results Conference Call October 27, 2022 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and CEO Bill Burns - Sr. EVP and CFO Conference Call Participants Michael Perito - KBW Frank Schiraldi - Piper Sandler Matthew Breese - Stephens Inc. Operator Greetings, and welcome to ConnectOne's Third Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

ConnectOne Bancorp, Inc. (CNOB) Q3 2022 Earnings Call Transcript

News for ConnectOne Bancorp Stock (CNOB)