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ConnectOne Bancorp, Inc. Reports Second Quarter 2024 Results; Declares Common and Preferred Dividends
Newsfilter· 2024-07-25 11:00
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 ...
ConnectOne Bancorp, Inc. Adds Veteran Banking and Financial Services Consultant Susan O'Donnell to Board of Directors
Newsfilter· 2024-06-11 11:00
ENGLEWOOD CLIFFS, N.J., June 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bank ("ConnectOne"), the wholly-owned depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ:CNOB), today announces the addition of seasoned financial services consultant Susan O'Donnell to its Board of Directors to deepen its bench of industry leaders from the financial services and banking industries. "Susan brings a strategic mindset to our board having advised banks and financial institutions over a 30-year career," said Frank Sorre ...
ConnectOne Bancorp(CNOB) - 2024 Q1 - Quarterly Report
2024-05-03 20:01
The following is a summary of regulatory capital amounts and ratios as of March 31, 2024 for the Company and the Bank, compared with minimum capital adequacy requirements and the regulatory requirements for classification as a wellcapitalized depository institution (for the Bank). As of March 31, 2024, both the Company and Bank satisfy the capital conservation buffer requirements applicable to them. The lowest ratio at the Company is the Total Risk Based Capital Ratio which was 3.38% above the minimum buffe ...
ConnectOne Bancorp(CNOB) - 2024 Q1 - Earnings Call Transcript
2024-04-25 19:04
ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and CEO William Burns - SEVP and CFO Conference Call Participants Daniel Tamayo - Raymond James Frank Schiraldi - Piper Sandler Tim Switzer - KBW Matthew Breese - Stephens Operator Thank you for standing by. My name is Marvilou and I will be your conference operator today. At this time, I would like to welcome eve ...
ConnectOne (CNOB) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-25 15:00
For the quarter ended March 2024, ConnectOne Bancorp (CNOB) reported revenue of $64.15 million, down 8.2% over the same period last year. EPS came in at $0.41, compared to $0.59 in the year-ago quarter.The reported revenue represents a surprise of +0.34% over the Zacks Consensus Estimate of $63.93 million. With the consensus EPS estimate being $0.42, the EPS surprise was -2.38%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...
ConnectOne Bancorp (CNOB) Q1 Earnings Lag Estimates
Zacks Investment Research· 2024-04-25 13:16
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.38%. A quarter ago, it was expected that this holding company for ConnectOne Bank would post earnings of $0.47 per share when it actually produced earnings of $0.50, delivering a surprise of 6.38%.Over the la ...
ConnectOne Bancorp(CNOB) - 2024 Q1 - Quarterly Results
2024-04-25 11:31
Exhibit 99.1 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 qua ...
Connectone Bancorp, Inc. Reports First Quarter 2024 Results; Declares Preferred and Increased Common Dividends
Newsfilter· 2024-04-25 11:00
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 ...
ConnectOne Bancorp, Inc. to Host 2024 First Quarter Results Conference Call on April 25, 2024
Newsfilter· 2024-04-11 11:00
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. Chairman and Chief E ...
ConnectOne Bancorp(CNOB) - 2023 Q4 - Annual Report
2024-02-22 16:00
Note 1a – Nature of Operations, Basis of Presentation and Summary of Significant Accounting Policies – (continued) Allowance for Credit Losses - 79- The Company's quantitative analysis also considers relevant available information from internal and external sources related to past events and current conditions, as well as the incorporation of reasonable and supportable forecasts. The Company evaluates a variety of factors including third party economic forecasts, industry trends and other available publishe ...