ConnectOne Bancorp, Inc.'s Bank President Elizabeth Magennis sold 6,900 shares of common stock at $32.6720 per share on October 26, 2026. After the sale, she directly held 137,383 shares. The transaction description classifies it as a sale in the open market or a private transaction. No Rule 10b5-1 plan is reported.
ConnectOne Bancorp, Inc. reported third-quarter 2026 net income available to common stockholders of $29.9 million and diluted EPS of $0.59; operating net income available to common stockholders, a non-GAAP measure, was $47.9 million. The quarter included a $23.0 million pretax restructuring charge. Fully taxable equivalent net interest income was $118.5 million, up 14.8% from a year earlier, while net interest margin was 3.44%, versus 3.11%. Loans and average client deposits each recorded 11% sequential annualized growth.
During the fourth quarter, ConnectOne entered an agreement to sell a pool of up to approximately $750 million in unpaid principal balance of non-relationship multifamily loans, subject to transaction-agreement adjustments; closing is expected in late October 2026. As of September 30, 2026, the pool was held for sale at lower of cost or fair value of $678.9 million. Transaction costs of approximately $7 million to $8 million will be recognized upon closing and payment in the fourth quarter of 2026. Most net proceeds are expected to be reinvested in government-guaranteed securities, with the remainder used to pay down wholesale funding. Declared dividends are $0.195 per common share and $0.556620 per depositary share.
ConnectOne Bancorp, Inc. plans to release results for the third quarter ended September 30, 2026, before the market opens on October 22, 2026. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host a conference call and audio webcast at 10:00 a.m. ET that day to review the company’s financial performance and operating results. The webcast will be publicly available on a listen-only basis, with an online archive available after the call.
ConnectOne Bancorp, Inc. (CNOB) filed a Form 8-K to report that it has made available a September 2026 investor presentation. The presentation is furnished as Exhibit 99.1 under Item 8.01, classified as an "Other Event."
The company also reiterates that its common stock and depositary shares representing interests in its 5.25% Series A non-cumulative, perpetual preferred stock are listed on Nasdaq. No new financial results or major transactions are described in this report; it primarily serves to provide the updated investor presentation.
ConnectOne Bancorp, Inc. (CNOB) filed an amendment to its quarterly report for the period ended June 30, 2026 to correct a cover-page clerical error. The company clarifies that 50,319,832 common shares were outstanding as of August 4, 2026, rather than the previously reported issued shares of 54,295,380.
The amendment states that no changes have been made to the financial statements, management’s discussion and analysis, or other disclosures from the original filing and that it does not reflect any events after August 4, 2026. Updated CEO and CFO certifications under Section 302 of the Sarbanes-Oxley Act of 2002 are included as exhibits.
ConnectOne Bancorp, Inc. reported a strong return to profitability for the quarter and six months ended June 30, 2026. Net income was 41,668 (dollars in thousands) for the quarter versus a loss of 20,293 a year earlier, and 79,490 year‑to‑date versus essentially breakeven, driven by higher net interest income and sharply lower credit loss provisions and merger expenses. Net income available to common stockholders was 40,159 for the quarter and 76,472 year‑to‑date; basic EPS was 0.80 for the quarter and 1.52 for the first half.
Total assets reached 14,411,864 (dollars in thousands), with loans receivable of 11,869,034 and deposits of 11,740,363 as of June 30, 2026. The allowance for credit losses on loans was 140,149, while nonaccrual loans increased to 79,664. Purchased credit‑deteriorated loans of 193,447 are largely secured by New York City rent‑regulated multifamily properties operating under regulatory and cost “stressors.”
The acquisition of The First of Long Island Corporation is fully integrated, with final goodwill of 11,863 (dollars in thousands) within total goodwill of 220,235. ConnectOne also committed up to 50,000 to a renewable energy tax equity fund, expected to generate investment tax credits and help maintain its estimated 2026 effective tax rate at approximately 28%.
ConnectOne Bancorp, Inc. reports that a July 2026 investor presentation has been made available as Exhibit 99.1 in connection with a current report under an Other Events section. The presentation is described as a PowerPoint prepared for investors.
The report also lists securities traded on NASDAQ, including common stock under the symbol CNOB and depositary shares representing a 1/40th interest in shares of 5.25% Series A Non-Cumulative, perpetual preferred stock.
ConnectOne Bancorp reported net income available to common stockholders of $40.2 million for the quarter ended June 30, 2026, up from $36.3 million in the prior quarter and a $(21.8) million loss a year earlier. Diluted EPS was $0.80, with return on average assets of 1.17% and return on average tangible common equity of 13.79%. On an operating basis, net income available to common stockholders was $42.2 million and diluted EPS $0.84, while Operating PPNR return on average assets improved to 1.94%. Fully taxable equivalent net interest income rose to $114.8 million as net interest margin widened for the seventh consecutive quarter to 3.42%, helped by loan and core deposit growth and lower deposit costs versus 2025.
Noninterest income increased to $7.9 million and operating noninterest expense was $52.5 million, yielding an operating efficiency ratio of 42.7%. Asset quality weakened as nonperforming assets grew to $79.7 million, or 0.55% of assets, and the annualized net loan charge-off ratio rose to 0.56%, largely from a $13.8 million charge-off on New York City rent-stabilized multifamily loans; the allowance for credit losses was $140.1 million, or 1.18% of loans. Total assets reached $14.4 billion, loans $11.9 billion and deposits $11.7 billion, while the tangible common equity ratio and tangible book value per share increased to 8.78% and $24.66. The board declared a quarterly common dividend of $0.195 per share and a preferred depositary share dividend of $0.328125, both payable September 1, 2026, and approved a $50.0 million capital commitment to a renewable energy tax credit fund.
ConnectOne Bancorp, Inc. plans to release its results for the second quarter ended June 30, 2026 before the market opens on July 23, 2026. The company will host a conference call and audio webcast at 10:00 a.m. ET the same day to review financial performance and operating results.
Chairman and CEO Frank Sorrentino III and Senior Executive VP & CFO William S. Burns will lead the call, which will be accessible by telephone and via the Investor Relations section of the company’s website, with an online archive available afterward.
ConnectOne Bancorp director Moise Anson M. bought additional stock in the company. On June 15, 2026, he made an open-market purchase of 860 shares of Common Stock at $33.19 per share. Following this transaction, his direct holdings increased to 17,239 shares.