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Connectone Bancorp Inc 10-Q Filings

CNOB NASDAQ

Every 10-Q that Connectone Bancorp Inc (CNOB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CNOB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CNOB filings page.

Rhea-AI Summary

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.

Rhea-AI Summary

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%.

Rhea-AI Summary

ConnectOne Bancorp, Inc. reports strong Q1 2026 results, with net income of $37.8 million and net income available to common stockholders of $36.3 million, up from $18.7 million a year earlier. Basic and diluted EPS were $0.72, compared with $0.49 in Q1 2025.

Total assets reached $14.21 billion, driven by net loans of $11.58 billion and available-for-sale securities of $1.20 billion. Deposits totaled $11.51 billion and borrowings $827.5 million. The allowance for credit losses on loans stood at $153.1 million, while nonaccrual loans were $41.6 million.

The company continues integrating its June 2025 acquisition of The First of Long Island Corporation, a stock deal valued at about $270.8 million that added 36 Long Island and New York City branches and generated total goodwill of $11.9 million.

Rhea-AI Summary

ConnectOne Bancorp (CNOB) reported Q3 2025 results and integration progress following its June 1 acquisition of The First of Long Island Corporation (FLIC). Net income was $40,976 thousand versus $17,161 thousand a year ago, aided by a $6,608 thousand employee retention tax credit and a $3,501 thousand pension curtailment gain. Net interest income rose to $102,017 thousand from $60,887 thousand as the balance sheet expanded.

Total assets reached $14,023,585 thousand (from $9,879,600 thousand at year-end 2024). Deposits were $11,369,295 thousand and net loans were $11,147,137 thousand. The provision for credit losses was $5,500 thousand for the quarter. Basic EPS was $0.79 (diluted $0.78), and common dividends for the quarter were $0.18 per share.

The FLIC merger added 36 branches and resulted in the issuance of 11,790,116 CNOB shares for total consideration of approximately $270.8 million, creating $7.2 million of goodwill. Common shares outstanding were 50,273,089 as of November 3, 2025.

Rhea-AI Summary

ConnectOne Bancorp completed the acquisition of The First of Long Island Corporation (FLIC) on June 1, 2025, issuing 11,790,116 shares valued at $270.8 million and adding 36 branch offices. The merger increased total assets to $13.916 billion from $9.880 billion at year-end, loans receivable to $11.164 billion, and deposits to $11.278 billion, while creating $7.2 million of goodwill and $63.2 million of core deposit intangibles recorded on acquisition.

Operationally, net interest income rose to $78.9 million for the quarter (from $61.4 million a year earlier), but the company reported a $20.3 million net loss for the quarter and $0.52 basic loss per share, driven by merger-related expenses of $32.1 million and a sizeable provision for credit losses of $35.7 million for the quarter (including an $27.3 million acquisition-related initial provision). The allowance for credit losses on loans increased to $156.2 million. Investment securities grew to $1.227 billion, with $277.5 million of acquired securities sold shortly after closing. The consolidated results show substantial balance-sheet growth from the acquisition, with near-term earnings volatility due to acquisition costs and elevated credit provisioning.