ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a chartered commercial bank that provides various commercial banking products and services. The company's deposit products include personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers insurance, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, mobile banking by phone, safe deposit box, and remote deposit capture services. It operates through a network of nine banking offices in Bergen County, five banking offices in Union County, two banking offices in Morris County, one office Essex County, one office in Hudson County, one office in Mercer County, one office in Monmouth County, one office in the borough of Manhattan, one office in Nassau County, and one office in Astoria, as well as six branches in the Hudson Valley. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: connectonebank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/31/2024 | Outperform → Mkt Perform | Keefe Bruyette | |
| 10/6/2023 | $21.00 | Outperform | Hovde Group |
| 7/31/2023 | $26.00 | Mkt Perform → Strong Buy | Raymond James |
| 12/22/2022 | Mkt Perform | Raymond James | |
| 1/31/2022 | $40.00 → $38.00 | Strong Buy → Outperform | Raymond James |
| 7/30/2021 | $35.00 → $40.00 | Strong Buy | Raymond James |
Keefe Bruyette downgraded ConnectOne Bancorp from Outperform to Mkt Perform
Hovde Group initiated coverage of ConnectOne Bancorp with a rating of Outperform and set a new price target of $21.00
Raymond James upgraded ConnectOne Bancorp from Mkt Perform to Strong Buy and set a new price target of $26.00
Raymond James resumed coverage of ConnectOne Bancorp with a rating of Mkt Perform
Raymond James downgraded ConnectOne Bancorp from Strong Buy to Outperform and set a new price target of $38.00 from $40.00 previously
Raymond James reiterated coverage of ConnectOne Bancorp with a rating of Strong Buy and set a new price target of $40.00 from $35.00 previously
Seaport Global Securities initiated coverage of ConnectOne Bancorp with a rating of Buy and set a new price target of $27.00
Seaport Global initiated coverage of ConnectOne Bancorp with a rating of Buy and set a new price target of $27.00
Seaport Global Securities initiated coverage of ConnectOne Bancorp with a rating of Buy
Raymond James reiterated coverage of ConnectOne Bancorp with a rating of Strong Buy and set a new price target of $28.00 from $21.00 previously
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
10-Q - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
8-K - ConnectOne Bancorp, Inc. (0000712771) (Filer)
10-Q - ConnectOne Bancorp, Inc. (0000712771) (Filer)
SC 13G/A - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G/A - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G/A - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G/A - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G/A - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G/A - ConnectOne Bancorp, Inc. (0000712771) (Subject)
SC 13G - ConnectOne Bancorp, Inc. (0000712771) (Subject)
ENGLEWOOD CLIFFS, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $15.7 million for the third quarter of 2024 compared with $17.5 million for the second quarter of 2024 and $19.9 million for the third quarter of 2023. Included in net income available to common stockholders' was merger and restructuring pre-tax expenses of $0.7 million for the third quarter of 2024, while there were no such charges during the second quarter of 2024 and the third quarter of 2023. Diluted earnings per share were $0.41 for the third quarte
ENGLEWOOD CLIFFS, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the third quarter ended September 30, 2024, before the market opens on Thursday, October 24, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on October 24, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1
ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) ("ConnectOne or "Company"), parent company of ConnectOne Bank, and The First of Long Island Corporation (NASDAQ:FLIC) ("First of Long Island"), parent company of The First National Bank of Long Island, jointly announced today that they have entered into a definitive agreement pursuant to which First of Long Island will merge with and into ConnectOne. The combined company will operate under the ConnectOne brand, and will have approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans. Under the terms of the agreement, First of Long Island shareh
ENGLEWOOD CLIFFS, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $17.5 million for the second quarter of 2024 compared with $15.7 million for the first quarter of 2024 and $19.9 million for the second quarter of 2023. Diluted earnings per share were $0.46 for the second quarter of 2024 compared with $0.41 for the first quarter of 2024 and $0.51 for the second quarter of 2023. The increase in net income available to common stockholders and diluted earnings per share from the first quarter of 2024 was primarily due t
ENGLEWOOD CLIFFS, N.J., July 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the second quarter ended June 30, 2024, before the market opens on Thursday, July 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 25, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1 (646) 307
ENGLEWOOD CLIFFS. N.J., April 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $15.7 million for the first quarter of 2024 compared with $17.8 million for the fourth quarter of 2023 and $23.4 million for the first quarter of 2023. Diluted earnings per share were $0.41 for the first quarter of 2024 compared with $0.46 for the fourth quarter of 2023 and $0.59 for the first quarter of 2023. The decrease in net income available to common stockholders and diluted earnings per share from the fourth quarter of 2023 was primarily due to a
ENGLEWOOD CLIFFS, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the first quarter ended March 31, 2024, before the market opens on Thursday, April 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on April 25, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1
ENGLEWOOD CLIFFS, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $17.8 million for the fourth quarter of 2023 compared with $19.9 million for the third quarter of 2023 and $31.0 million for the fourth quarter of 2022. Diluted earnings per share were $0.46 for the fourth quarter of 2023 compared with $0.51 for the third quarter of 2023 and $0.79 for the fourth quarter of 2022. The decrease in net income available to common stockholders and diluted earnings per share from the third quarter of 2023 was primarily due to a
ENGLEWOOD CLIFFS, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the fourth quarter ended December 31, 2023, before the market opens on Thursday, January 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on January 25, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1
ENGLEWOOD CLIFFS, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $19.9 million for the third quarter of 2023, compared to $19.9 million for the second quarter of 2023 and $27.4 million for the third quarter of 2022. Diluted earnings per share were $0.51 for the third quarter of 2023, $0.51 for the second quarter of 2023 and $0.70 for the third quarter of 2022. The decreases in net income available to common stockholders and diluted earnings per share from the third quarter of 2022 were primarily due to a $15.8 million
ENGLEWOOD CLIFFS, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $15.7 million for the third quarter of 2024 compared with $17.5 million for the second quarter of 2024 and $19.9 million for the third quarter of 2023. Included in net income available to common stockholders' was merger and restructuring pre-tax expenses of $0.7 million for the third quarter of 2024, while there were no such charges during the second quarter of 2024 and the third quarter of 2023. Diluted earnings per share were $0.41 for the third quarte
ENGLEWOOD CLIFFS, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the third quarter ended September 30, 2024, before the market opens on Thursday, October 24, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on October 24, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1
ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) ("ConnectOne or "Company"), parent company of ConnectOne Bank, and The First of Long Island Corporation (NASDAQ:FLIC) ("First of Long Island"), parent company of The First National Bank of Long Island, jointly announced today that they have entered into a definitive agreement pursuant to which First of Long Island will merge with and into ConnectOne. The combined company will operate under the ConnectOne brand, and will have approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans. Under the terms of the agreement, First of Long Island shareh
ENGLEWOOD CLIFFS, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $17.5 million for the second quarter of 2024 compared with $15.7 million for the first quarter of 2024 and $19.9 million for the second quarter of 2023. Diluted earnings per share were $0.46 for the second quarter of 2024 compared with $0.41 for the first quarter of 2024 and $0.51 for the second quarter of 2023. The increase in net income available to common stockholders and diluted earnings per share from the first quarter of 2024 was primarily due t
ENGLEWOOD CLIFFS, N.J., July 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the second quarter ended June 30, 2024, before the market opens on Thursday, July 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 25, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1 (646) 307
ENGLEWOOD CLIFFS, N.J., June 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bank ("ConnectOne"), the wholly-owned depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ:CNOB), today announces the addition of seasoned financial services consultant Susan O'Donnell to its Board of Directors to deepen its bench of industry leaders from the financial services and banking industries. "Susan brings a strategic mindset to our board having advised banks and financial institutions over a 30-year career," said Frank Sorrentino, Chairman and CEO of ConnectOne. "Her proven track record and leadership skills are a perfect match for us as we encounter the need to make tough strategic decisions to drive Conn
ENGLEWOOD CLIFFS. N.J., April 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $15.7 million for the first quarter of 2024 compared with $17.8 million for the fourth quarter of 2023 and $23.4 million for the first quarter of 2023. Diluted earnings per share were $0.41 for the first quarter of 2024 compared with $0.46 for the fourth quarter of 2023 and $0.59 for the first quarter of 2023. The decrease in net income available to common stockholders and diluted earnings per share from the fourth quarter of 2023 was primarily due to a
ENGLEWOOD CLIFFS, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the first quarter ended March 31, 2024, before the market opens on Thursday, April 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on April 25, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1
ENGLEWOOD CLIFFS, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported net income available to common stockholders of $17.8 million for the fourth quarter of 2023 compared with $19.9 million for the third quarter of 2023 and $31.0 million for the fourth quarter of 2022. Diluted earnings per share were $0.46 for the fourth quarter of 2023 compared with $0.51 for the third quarter of 2023 and $0.79 for the fourth quarter of 2022. The decrease in net income available to common stockholders and diluted earnings per share from the third quarter of 2023 was primarily due to a
ENGLEWOOD CLIFFS, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced that it plans to release results for the fourth quarter ended December 31, 2023, before the market opens on Thursday, January 25, 2024. Management will also host a conference call and audio webcast at 10:00 a.m. ET on January 25, 2024, to review the Company's financial performance and operating results. Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1
4 - ConnectOne Bancorp, Inc. (0000712771) (Issuer)
ConnectOne Bancorp (NASDAQ:CNOB) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.41 by 12.2 percent. The company reported quarterly sales of $61.439 million which missed the analyst consensus estimate of $61.470 million by 0.05 percent. This is a 3.77 percent decrease over sales of $63.843 million the same period last year.
Keefe, Bruyette & Woods analyst Timothy Switzer downgrades ConnectOne Bancorp (NASDAQ:CNOB) from Outperform to Market Perform and lowers the price target from $24 to $22.
Keefe, Bruyette & Woods analyst Timothy Switzer reiterates ConnectOne Bancorp (NASDAQ:CNOB) with a Outperform and lowers the price target from $27 to $24.
ConnectOne Bancorp (NASDAQ:CNOB) reported quarterly earnings of $0.41 per share which missed the analyst consensus estimate of $0.42 by 2.38 percent. This is a 30.51 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $60.300 million which missed the analyst consensus estimate of $61.598 million by 2.11 percent. This is a 10.11 percent decrease over sales of $67.084 million the same period last year.
Raymond James analyst Daniel Tamayo maintains ConnectOne Bancorp (NASDAQ:CNOB) with a Strong Buy and raises the price target from $26 to $28.
Piper Sandler analyst Frank Schiraldi maintains ConnectOne Bancorp (NASDAQ:CNOB) with a Overweight and raises the price target from $24 to $25.
Keefe, Bruyette & Woods analyst Michael Perito maintains ConnectOne Bancorp (NASDAQ:CNOB) with a Outperform and raises the price target from $25 to $27.
ConnectOne Bancorp (NASDAQ:CNOB) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.45 by 2.22 percent. This is a 41.77 percent decrease over earnings of $0.79 per share from the same period last year. The company reported quarterly sales of $61.82 million which missed the analyst consensus estimate of $63.03 million by 1.91 percent. This is a 20.75 percent decrease over sales of $78.01 million the same period last year.
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