Recent Updates — CNOB

ConnectOne Bancorp reported a third-quarter 2026 net income available to common stockholders of $29.9 million, or $0.59 diluted EPS, compared with $40.2 million in the prior quarter. The decline was primarily driven by a $23.0 million pretax loss on loans held-for-sale related to a balance sheet restructuring agreement to sell up to approximately $750 million in multifamily loans. Excluding this charge, operating net income rose to $47.9 million and operating diluted EPS reached $0.95. The company also announced the declaration of a quarterly cash dividend of $0.195 per common share, payable December 1, 2026, to shareholders of record on November 13, 2026. ConnectOne Bancorp operates as a financial services holding company through its subsidiary, ConnectOne Bank.

ConnectOne Bancorp reported second quarter 2026 net income available to common stockholders of $40.2 million, or $0.80 per diluted share, compared to $36.3 million in the first quarter. The company's net interest margin widened to 3.42% and tangible book value per share increased to $24.66. The Board declared a quarterly cash dividend of $0.195 per common share and $0.328125 per depositary share of Series A Preferred Stock, both payable September 1, 2026, to holders of record August 14, 2026. ConnectOne Bancorp is a financial services company that operates ConnectOne Bank, a commercial bank focusing on small to middle-market businesses.