What is Connectone Bancorp Inc's earnings per share (EPS)?

Connectone Bancorp Inc (CNOB) reported diluted earnings per share of $1.63 for fiscal year 2025. This represents a -7.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Connectone Bancorp Inc Financials

CNOB

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Connectone Bancorp Inc (CNOB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 40/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Connectone Bancorp Inc's revenue surged 24.5% year-over-year to $644.9M, reflecting rapid business expansion. This strong growth earns a score of 74/100.

Leverage

Connectone Bancorp Inc has elevated debt relative to equity (D/E of 7.90), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

Connectone Bancorp Inc has a free cash flow margin of 15.7%, earning a moderate score of 64/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Connectone Bancorp Inc generates a 5.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100. This is down from 5.9% the prior year.

Piotroski F-Score Weak

3/9

Connectone Bancorp Inc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.32x

For every $1 of reported earnings, Connectone Bancorp Inc generates $1.32 in operating cash flow ($106.4M OCF vs $80.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$644.9M

YoY+24.5%

5Y CAGR+15.9%

10Y CAGR+16.4%

Connectone Bancorp Inc generated $644.9M in revenue in fiscal year 2025. This represents an increase of 24.5% from the prior year.

EBITDA

N/A

Net Income

$80.4M

YoY+9.0%

5Y CAGR+2.4%

10Y CAGR+6.9%

Connectone Bancorp Inc reported $80.4M in net income in fiscal year 2025. This represents an increase of 9.0% from the prior year.

EPS (Diluted)

$1.63

YoY-7.4%

5Y CAGR-1.9%

10Y CAGR+1.8%

Connectone Bancorp Inc earned $1.63 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 7.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$101.0M

YoY+77.5%

5Y CAGR+5.1%

10Y CAGR+9.1%

Connectone Bancorp Inc generated $101.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 77.5% from the prior year.

Cash & Debt

$380.9M

YoY+6.8%

5Y CAGR+4.6%

10Y CAGR+6.6%

Connectone Bancorp Inc held $380.9M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.72

YoY+1.4%

5Y CAGR+21.7%

10Y CAGR+9.1%

Connectone Bancorp Inc paid $0.72 per share in dividends in fiscal year 2025. This represents an increase of 1.4% from the prior year.

Shares Outstanding

50M

YoY+31.0%

5Y CAGR+4.8%

10Y CAGR+5.3%

Connectone Bancorp Inc had 50M shares outstanding in fiscal year 2025. This represents an increase of 31.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

12.5%

YoY-1.8pp

5Y CAGR-10.7pp

10Y CAGR-16.8pp

Connectone Bancorp Inc's net profit margin was 12.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.8 percentage points from the prior year.

Return on Equity

5.1%

YoY-0.8pp

5Y CAGR-2.7pp

10Y CAGR-3.5pp

Connectone Bancorp Inc's ROE was 5.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Connectone Bancorp Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$5.4M

YoY+42.1%

5Y CAGR+19.6%

10Y CAGR+3.3%

Connectone Bancorp Inc invested $5.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 42.1% from the prior year.

CNOB Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$644.9M+24.5%	$517.9M+5.7%	$490.1M+31.1%	$373.7M+23.9%	$301.7M-2.1%	$308.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$291.6M+7.8%	$270.6M+15.1%	$235.0M+228.0%	$71.6M+84.3%	$38.9M-44.7%	$70.2M
Income Tax	$32.3M+30.9%	$24.7M-17.6%	$30.0M-34.9%	$46.0M+2.9%	$44.7M+134.0%	$19.1M
Net Income	$80.4M+9.0%	$73.8M-15.2%	$87.0M-30.5%	$125.2M-3.9%	$130.4M+82.9%	$71.3M
EPS (Diluted)	$1.63-7.4%	$1.76-15.0%	$2.07-31.2%	$3.01-6.5%	$3.22+79.9%	$1.79

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$186.3M-0.7%	$187.7M+28.5%	$146.0M+17.0%	$124.8M-2.5%	$128.0M-1.7%	$130.2M+0.2%	$130.0M+0.3%	$129.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$79.7M-6.9%	$85.7M+27.6%	$67.1M+13.7%	$59.0M-6.8%	$63.3M-8.7%	$69.4M+1.1%	$68.6M-1.1%	$69.3M
Income Tax	$13.9M-14.9%	$16.3M+426.3%	-$5.0M-169.7%	$7.2M+17.6%	$6.1M+1.1%	$6.0M-10.0%	$6.7M+13.8%	$5.9M
Net Income	$39.5M-3.6%	$41.0M+301.9%	-$20.3M-200.3%	$20.2M-0.6%	$20.4M+18.7%	$17.2M-9.9%	$19.1M+10.8%	$17.2M
EPS (Diluted)	$0.75-3.8%	$0.78+250.0%	$-0.52-206.1%	$0.490.0%	$0.49+19.5%	$0.41-10.9%	$0.46+12.2%	$0.41

CNOB Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$14.0B+41.7%	$9.9B+0.2%	$9.9B+2.2%	$9.6B+18.6%	$8.1B+7.7%	$7.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$380.9M+6.8%	$356.5M+46.9%	$242.7M-9.5%	$268.3M+1.0%	$265.5M-12.6%	$303.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$220.2M+5.7%	$208.4M0.0%	$208.4M0.0%	$208.4M0.0%	$208.4M0.0%	$208.4M
Total Liabilities	$12.4B+43.9%	$8.6B0.0%	$8.6B+2.0%	$8.5B+20.9%	$7.0B+5.6%	$6.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.6B+26.7%	$1.2B+2.1%	$1.2B+3.2%	$1.2B+4.9%	$1.1B+22.8%	$915.3M
Retained Earnings	$673.9M+6.7%	$631.4M+6.8%	$591.0M+10.3%	$535.9M+21.8%	$440.2M+32.6%	$332.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$14.0B-0.1%	$14.0B+0.8%	$13.9B+42.6%	$9.8B-1.2%	$9.9B+2.5%	$9.6B-0.9%	$9.7B-1.3%	$9.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$380.9M-29.8%	$542.7M-9.0%	$596.5M+103.9%	$292.6M-17.9%	$356.5M+44.2%	$247.2M-15.8%	$293.5M+5.7%	$277.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$220.2M+2.1%	$215.6M0.0%	$215.6M+3.5%	$208.4M0.0%	$208.4M0.0%	$208.4M0.0%	$208.4M0.0%	$208.4M
Total Liabilities	$12.4B-0.4%	$12.5B+0.5%	$12.4B+46.0%	$8.5B-1.5%	$8.6B+2.8%	$8.4B-1.2%	$8.5B-1.6%	$8.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.6B+2.3%	$1.5B+2.8%	$1.5B+19.4%	$1.3B+0.9%	$1.2B+0.2%	$1.2B+1.2%	$1.2B+0.6%	$1.2B
Retained Earnings	$673.9M+4.5%	$644.9M+4.9%	$614.5M-4.5%	$643.3M+1.9%	$631.4M+1.9%	$619.5M+1.4%	$610.8M+1.8%	$600.1M

CNOB Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$106.4M+75.3%	$60.7M-34.7%	$92.9M-47.5%	$176.8M-12.6%	$202.3M+149.3%	$81.1M
Capital Expenditures	$5.4M+42.1%	$3.8M-49.0%	$7.4M+125.2%	$3.3M+18.6%	$2.8M+26.6%	$2.2M
Free Cash Flow	$101.0M+77.5%	$56.9M-33.4%	$85.5M-50.7%	$173.5M-13.0%	$199.5M+152.8%	$78.9M
Investing Cash Flow	-$186.2M-437.5%	$55.2M+122.2%	-$248.0M+83.9%	-$1.5B-123.7%	-$689.9M-113.3%	-$323.4M
Financing Cash Flow	$104.2M+5115.3%	-$2.1M-101.6%	$129.5M-90.5%	$1.4B+204.7%	$449.4M+30.4%	$344.5M
Dividends Paid	$32.0M+17.1%	$27.3M+5.3%	$25.9M+10.6%	$23.4M+33.9%	$17.5M+22.2%	$14.3M
Share Buybacks	$0-100.0%	$5.8M-66.7%	$17.5M+33.3%	$13.1M+39.6%	$9.4M+931.9%	$911K

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$47.7M+27.7%	$37.4M+478.4%	$6.5M-56.6%	$14.9M-53.8%	$32.2M+324.5%	-$14.4M-164.4%	$22.3M+8.6%	$20.5M
Capital Expenditures	$1.6M-53.6%	$3.5M+4982.4%	$68K-74.1%	$263K-88.3%	$2.3M+77.3%	$1.3M+918.4%	$125K-9.4%	$138K
Free Cash Flow	$46.1M+36.0%	$33.9M+430.5%	$6.4M-56.3%	$14.6M-51.2%	$30.0M+291.8%	-$15.6M-170.5%	$22.2M+8.8%	$20.4M
Investing Cash Flow	-$140.0M+3.6%	-$145.2M-464.2%	$39.9M-32.6%	$59.2M+137.8%	-$156.5M-468.2%	$42.5M-68.8%	$136.1M+311.5%	$33.1M
Financing Cash Flow	-$69.6M-228.6%	$54.1M-79.0%	$257.6M+286.7%	-$138.0M-159.1%	$233.5M+413.8%	-$74.4M+47.8%	-$142.5M-660.8%	-$18.7M
Dividends Paid	$9.1M0.0%	$9.1M+30.6%	$6.9M+0.2%	$6.9M0.0%	$6.9M0.0%	$6.9M+0.1%	$6.9M+5.5%	$6.5M
Share Buybacks	$0	$0	$0	$0	$0	$0	$0-100.0%	$5.8M

CNOB Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	12.5%-1.8pp	14.2%-3.5pp	17.8%-15.8pp	33.5%-9.7pp	43.2%+20.1pp	23.1%
Return on Equity	5.1%-0.8pp	5.9%-1.2pp	7.1%-3.5pp	10.6%-1.0pp	11.6%+3.8pp	7.8%
Return on Assets	0.6%-0.2pp	0.8%-0.1pp	0.9%-0.4pp	1.3%-0.3pp	1.6%+0.7pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.90+0.9	6.96-0.1	7.10-0.1	7.18+1.0	6.23-1.0	7.25
FCF Margin	15.7%+4.7pp	11.0%-6.5pp	17.4%-29.0pp	46.4%-19.7pp	66.1%+40.5pp	25.6%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	21.2%-0.6pp	21.8%+35.7pp	-13.9%-30.1pp	16.2%+0.3pp	15.9%+2.7pp	13.2%-1.5pp	14.7%+1.4pp	13.3%
Return on Equity	2.5%-0.1pp	2.7%+4.0pp	-1.4%-3.0pp	1.6%-0.0pp	1.6%+0.3pp	1.4%-0.2pp	1.6%+0.1pp	1.4%
Return on Assets	0.3%0.0pp	0.3%+0.4pp	-0.1%-0.4pp	0.2%0.0pp	0.2%+0.0pp	0.2%-0.0pp	0.2%+0.0pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.90-0.2	8.12-0.2	8.30+1.5	6.79-0.2	6.96+0.2	6.78-0.2	6.94-0.2	7.10
FCF Margin	24.7%+6.7pp	18.1%+13.7pp	4.4%-7.3pp	11.7%-11.7pp	23.4%+35.4pp	-12.0%-29.0pp	17.1%+1.3pp	15.7%

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Frequently Asked Questions

What is Connectone Bancorp Inc's annual revenue?

Connectone Bancorp Inc (CNOB) reported $644.9M in total revenue for fiscal year 2025. This represents a 24.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Connectone Bancorp Inc's revenue growing?

Connectone Bancorp Inc (CNOB) revenue grew by 24.5% year-over-year, from $517.9M to $644.9M in fiscal year 2025.

Is Connectone Bancorp Inc profitable?

Yes, Connectone Bancorp Inc (CNOB) reported a net income of $80.4M in fiscal year 2025, with a net profit margin of 12.5%.

What is Connectone Bancorp Inc's net profit margin?

Connectone Bancorp Inc (CNOB) had a net profit margin of 12.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Connectone Bancorp Inc pay dividends?

Yes, Connectone Bancorp Inc (CNOB) paid $0.72 per share in dividends during fiscal year 2025.

What is Connectone Bancorp Inc's return on equity (ROE)?

Connectone Bancorp Inc (CNOB) has a return on equity of 5.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Connectone Bancorp Inc's free cash flow?

Connectone Bancorp Inc (CNOB) generated $101.0M in free cash flow during fiscal year 2025. This represents a 77.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Connectone Bancorp Inc's operating cash flow?

Connectone Bancorp Inc (CNOB) generated $106.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Connectone Bancorp Inc's total assets?

Connectone Bancorp Inc (CNOB) had $14.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Connectone Bancorp Inc's capital expenditures?

Connectone Bancorp Inc (CNOB) invested $5.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Connectone Bancorp Inc have outstanding?

Connectone Bancorp Inc (CNOB) had 50M shares outstanding as of fiscal year 2025.

What is Connectone Bancorp Inc's debt-to-equity ratio?

Connectone Bancorp Inc (CNOB) had a debt-to-equity ratio of 7.90 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Connectone Bancorp Inc's return on assets (ROA)?

Connectone Bancorp Inc (CNOB) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Connectone Bancorp Inc's Piotroski F-Score?

Connectone Bancorp Inc (CNOB) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Connectone Bancorp Inc's earnings high quality?

Connectone Bancorp Inc (CNOB) has an earnings quality ratio of 1.32x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Connectone Bancorp Inc?

Connectone Bancorp Inc (CNOB) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.