Welcome to our dedicated page for Connectone Bancorp news (Ticker: CNOB), a resource for investors and traders seeking the latest updates and insights on Connectone Bancorp stock.
ConnectOne Bancorp, Inc. (NASDAQ: CNOB) is a financial services company that operates through ConnectOne Bank and its fintech subsidiary, BoeFly, Inc. Company news releases describe ConnectOne Bank as a commercial bank offering a full suite of banking and lending products and services focused on small to middle-market businesses, and BoeFly as a fintech marketplace that connects franchise borrowers with funding solutions through a network of partner banks.
This news page aggregates coverage of ConnectOne’s public announcements, including quarterly and annual financial results, dividend declarations on common and preferred stock, and details of its merger with The First of Long Island Corporation. Earnings releases discuss net income or loss available to common stockholders, net interest income, noninterest income, provision for credit losses, asset quality metrics, and capital ratios, providing insight into the company’s performance and risk profile.
Investors and observers can also follow news about corporate actions and governance, such as the completion of the merger with The First of Long Island Corporation, regulatory approvals for that merger, and leadership changes like the appointment of a General Counsel and changes in the Chief Risk Officer role. Additional news items include announcements of conference calls and audio webcasts where management reviews financial performance and operating results.
By reviewing ConnectOne Bancorp’s news flow, readers can track developments in its commercial banking operations, its integration of acquired institutions, its franchise finance activities through BoeFly, and its communication with shareholders through investor presentations and earnings calls. This page can be revisited to see new press releases and updates as they are issued.
ConnectOne Bancorp, the parent company of ConnectOne Bank, plans to release its third-quarter financial results on October 29, 2020, before the market opens. Management, including CEO Frank Sorrentino III and CFO William S. Burns, will conduct a conference call at 10:00 a.m. ET on the same day to discuss these results. Investors can access the call by dialing 201-689-8471, access code 13711169, or listen via the company's website. A replay of the call will be available from 1:00 p.m. ET on October 29 until November 5, 2020.
Michael Kempner, Founder and CEO of MWWPR, has been inducted into PRWeek's 2020 Hall of Fame for his significant contributions to the public relations field since founding the agency in 1986. MWWPR has evolved into a major independent firm with a diverse client base. Kempner is recognized for innovative leadership, including implementing a single P&L model and unlimited PTO benefits. He has received numerous accolades, including PR Professional of the Year, and is involved in various community and political initiatives. The induction ceremony will take place on December 3.
ConnectOne Bancorp, Inc. (Nasdaq: CNOB) will announce its second quarter results on July 30, 2020, before market opening. A conference call hosted by Chairman Frank Sorrentino III and CFO William S. Burns will take place at 10:00 a.m. ET on the same day to discuss the company's financial performance. Interested parties can join the call by dialing 412-317-6026, access code 10146235. A replay will be available later that day and until August 6, 2020. ConnectOne Bancorp offers a wide range of banking services in New York and New Jersey, and more information can be found on their website.
ConnectOne Bancorp (Nasdaq: CNOB) announced the pricing of a public offering of $75 million in 5.750% Fixed-to-Floating Rate Subordinated Notes due 2030. The public will purchase the Notes at 100% of their principal amount, with interest accruing at 5.750% until June 15, 2025, and a floating rate thereafter. The offering is expected to close on June 15, 2020. The estimated net proceeds of approximately $73.6 million will be used to redeem existing subordinated notes and support growth initiatives for ConnectOne Bank.
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