The earnings call reflected a primarily positive outlook with successful merger execution, robust deposit growth, and improved credit quality metrics. However, challenges such as elevated provisions for credit losses and merger-related charges were also noted.

Company Guidance

During the ConnectOne Bancorp, Inc. Second Quarter 2025 Earnings Call, significant guidance was provided, emphasizing the successful integration of the First of Long Island Bank merger, which increased the company's assets to nearly $14 billion, with $11.2 billion in loans and $11.3 billion in deposits. The merger contributed to a record organic growth in client deposits, improving the loan-to-deposit ratio from 106% in March to 99% by the end of the second quarter. The company's market capitalization now exceeds $1.2 billion. In terms of financial performance, noninterest-bearing demand deposits increased by over $100 million since March 31, with total deposits rising at an 8% annualized rate. The merger also introduced a $250 million total loan mark, with a provision for credit losses amounting to $35.7 million. Cost savings are on track with projected quarterly expenses of $55 million for 2025. The net interest margin is expected to grow to 3.25% by the end of the year, assuming one rate cut. The company anticipates maintaining a strong return on assets (ROA) of 1.2% and a return on tangible common equity of 15% as it enters 2026.

Successful Merger and Integration

The successful completion of the merger with First of Long Island Bank, enhancing scale and accelerating growth across markets especially on Long Island.

Strong Deposit and Funding Trends

Noninterest-bearing demand deposits increased by more than $100 million since March 31, reflecting a 15% annualized growth, and total deposits were up an annualized 8%.

Loan-to-Deposit Ratio Improvement

Loan-to-deposit ratio improved from 106% to below 100%, supported by strong deposit growth.

Improved Credit Quality Metrics

Significant improvement in credit quality metrics with nonperforming asset ratio decreasing to 0.28% from 0.51% a year ago.

Projected Earnings Accretion

Substantial projected earnings accretion from the merger, estimated at $9.8 million per quarter for 2025.

Positive Margin Expansion Outlook

Net interest margin is projected to increase to about 3.25% by the end of the year, with further expansion expected in 2026.

ConnectOne Bancorp (CNOB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CNOB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.64 / -	0.41	―	―	―
Jul 29, 2025	2025 (Q2)	-0.41 / -0.52	0.46	-213.04% (-0.98)	―
Apr 24, 2025	2025 (Q1)	0.46 / 0.49	0.41	19.51% (+0.08)	―
Jan 30, 2025	2024 (Q4)	0.43 / 0.49	0.46	6.52% (+0.03)	―
Oct 24, 2024	2024 (Q3)	0.44 / 0.41	0.51	-19.61% (-0.10)	―
Jul 25, 2024	2024 (Q2)	0.41 / 0.46	0.51	-9.80% (-0.05)	―
Apr 25, 2024	2024 (Q1)	0.42 / 0.41	0.59	-30.51% (-0.18)	―
Jan 25, 2024	2023 (Q4)	0.45 / 0.46	0.79	-41.77% (-0.33)	―
Oct 26, 2023	2023 (Q3)	0.50 / 0.51	0.7	-27.14% (-0.19)	―
Jul 27, 2023	2023 (Q2)	0.48 / 0.51	0.78	-34.62% (-0.27)	―

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
Jul 29, 2025	$24.34	$23.31	-4.23%
Apr 24, 2025	$22.02	$22.46	+2.00%
Jan 30, 2025	$23.32	$24.54	+5.23%
Oct 24, 2024	$24.74	$23.94	-3.23%

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 (CNOB) report earnings?

ConnectOne Bancorp (CNOB) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is ConnectOne Bancorp (CNOB) earnings time?

ConnectOne Bancorp (CNOB) earnings time is at Oct 23, 2025, 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 2025 (Q3) is 0.64.

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