ConnectOne Bancorp, Inc. (CNOB) Form 8-K — Jul 23, 2026
ConnectOne Bancorp reported net income available to common stockholders of $40.2 million for the second quarter of 2026, reversing from a loss of $(21.8) million in the prior-year quarter. Diluted earnings per share were $0.80, compared to a loss of $(0.52) in the same period last year, driven by a $34.8 million increase in net interest income and a $27.4 million decrease in the provision for credit losses. Operational metrics showed acceleration with annualized loan growth of 5% and core deposit growth of 8% on a sequential basis.
Key figures
- Eps
- $0.80
- Net Income
- $40.2 million
- Total Debt
- $917.7 million
- Total Assets
- $14.4 billion
- Common Dividend
- $0.195
- Net Interest Margin
- 3.42%
- Nonperforming Assets
- $79.7 million
- Provision For Credit Losses
- $8.3 million
- Tangible Book Value Per Share
- $24.66
Price after filing
Close on the filing date to close N calendar days later (from $33.41). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.