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ConnectOne Bancorp Inc. (CNOB)
NASDAQ:CNOB
Earnings Data
Report Date
Apr 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.74Last Year’s EPS
0.49Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple material achievements: a successful large acquisition and systems conversion, expansion to $14B in assets, improved deposit quality, meaningful margin expansion, strong quarter-over-quarter operating performance (PPNR +~10%, operating earnings +18.6%), and strengthening capital metrics. Management provided constructive NIM and capital guidance and laid out clear efficiency and rationalization plans. Challenges cited—moderated loan growth (3%–5% guidance), deposit competition, a modest increase in operating expenses, and some provision/asset volatility—are notable but appear manageable relative to the positive operational and capital progress. Overall, highlights meaningfully outweigh the lowlights, supporting a constructive outlook for 2026 while acknowledging prudent conservatism around risks.Company Guidance
Asset and Market-Cap Milestone
Reached >$10 billion threshold and finished the year with $14.0 billion in assets and a market capitalization in excess of $1.4 billion.
Deposit and Loan Growth
Client deposits increased approximately 5% (annualized) during 2025; loan portfolio also grew roughly 5% (annualized) driven by strong originations (offset by elevated payoffs).
Improved Deposit Quality
Noninterest-bearing demand balances rose from 17% to >21% of total deposits; brokered deposits declined from 12% to 6% of total assets (a 6 percentage-point reduction).
Margin Expansion and Clear Guidance
Net interest margin widened materially during the quarter and year. Guidance: +5 bps in Q1 (to low 330s bps), ~5 bps improvement per 25 bps Fed cut, and expectation of year-end NIM in the ~335–340 bps range (base case including one rate cut).
Strong Quarterly Operating Performance
Operating PPNR rose nearly 10% sequentially (fifth consecutive increase); operating earnings increased 18.6% sequentially vs. Q3; quarterly operating ROA = 1.24% and operating ROTCE = 14.3%.
Capital and Book Value Strength
Tangible common equity ratio improved to 8.62% at year-end; tangible book value per share was $23.52 with guidance to return to premerger levels within one year of the June merger completion; management flagged opportunities for dividend increases, opportunistic buybacks and M&A as capital builds.
Loan Pipeline and Yield Profile
Loan pipeline of ~$600 million with a weighted average rate of ~6.2%; management expects loan-sale gains of >$4 million in 2026 and forecasts loan portfolio growth of 3%–5% in 2026.
Efficiency, Technology and Rationalization
Completed largest transaction and systems conversion quickly, identified five branch consolidations (closure timing end of Q1) and plans for further staffing optimization; management highlights technology and AI-enabled vendor improvements contributing to operational leverage and efficiency.
CNOB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNOB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $27.85 | $27.61 | -0.86% |
Oct 30, 2025 | $23.69 | $23.73 | +0.17% |
Jul 29, 2025 | $24.16 | $23.13 | -4.26% |
Apr 24, 2025 | $21.86 | $22.30 | +2.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ConnectOne Bancorp Inc. (CNOB) report earnings?
ConnectOne Bancorp Inc. (CNOB) is schdueled to report earning on Apr 23, 2026, Before Open (Confirmed).
What is ConnectOne Bancorp Inc. (CNOB) earnings time?
ConnectOne Bancorp Inc. (CNOB) earnings time is at Apr 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNOB EPS forecast?
CNOB EPS forecast for the fiscal quarter 2026 (Q1) is 0.74.