ConnectOne (CNOB) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - ConnectOne Bancorp (CNOB) reported a revenue of $112.62 million for the quarter ended December 2025, marking a year-over-year increase of 64.5% and an EPS of $0.83 compared to $0.52 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $116.7 million, resulting in a surprise of -3.5%, while the EPS exceeded the consensus estimate of $0.74 by 12.93% [1] Financial Performance Metrics - The Efficiency Ratio (non-GAAP) was reported at 45.3%, better than the average estimate of 48.3% based on two analysts [4] - The Net Interest Margin (GAAP) was 3.3%, matching the average estimate from two analysts [4] - The average balance of total interest-earning assets was $13.09 billion, slightly below the average estimate of $13.25 billion [4] - Deposit, loan, and other income amounted to $3.29 million, lower than the average estimate of $3.94 million [4] - Net gains on the sale of loans held-for-sale were $0.63 million, compared to the average estimate of $0.65 million [4] - Income on bank-owned life insurance was reported at $2.95 million, exceeding the average estimate of $2.48 million [4] - Total Noninterest Income was $6.02 million, below the average estimate of $7.06 million [4] Stock Performance - Shares of ConnectOne have returned +6.2% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [3]