The earnings call highlighted successful integration and substantial growth in deposits and market capitalization due to the merger. However, challenges such as increased provisions for credit losses and high operating provisions were noted. While there are positive signs of financial health and strategic growth, there are also significant credit-related concerns.

Company Guidance -

Q3 2025

During the ConnectOne Bancorp, Inc. Second Quarter 2025 Earnings Call, guidance was provided on several key financial metrics following the merger with First of Long Island Bank. The merger increased ConnectOne's assets to nearly $14 billion, loans to $11.2 billion, and deposits to $11.3 billion, with a market capitalization exceeding $1.2 billion. The bank achieved strong core deposit growth and improved its loan-to-deposit ratio to 99% from 106% at the end of the first quarter. Noninterest-bearing demand deposits rose to over 21% of total deposits, up from 18% at year-end. The merger's purchase accounting entries included a total loan mark of $250 million, with earnings accretion projected at $9.8 million per quarter for 2025. The provision for credit losses for the second quarter was $35.7 million, and ConnectOne's net interest margin is expected to expand to approximately 3.25% by the end of 2025. The bank's nonperforming asset ratio improved to 0.28% from 0.51% a year ago. Overall, ConnectOne is positioned for continued growth with a projected return on assets of 1.2% and a return on tangible common equity of 15% as they enter 2026.

Successful Merger Integration

ConnectOne Bank completed the legal merger with First of Long Island Bank, significantly enhancing scale and positioning the company for growth across all markets, particularly on Long Island.

Strong Deposit Growth

On a combined basis, noninterest-bearing demand deposits increased by more than $100 million since March 31, representing approximately 15% annualized growth.

Improvement in Loan-to-Deposit Ratio

The loan-to-deposit ratio improved from 106% pre-merger to just below 100% post-merger, indicating better financial health and liquidity.

Increased Market Capitalization

The market capitalization now exceeds $1.2 billion, with assets nearly $14 billion, $11.2 billion in loans, and $11.3 billion in deposits.

Positive Earnings Accretion from Merger

Earnings accretion from the merger is projected to be approximately $9.8 million per quarter for 2025, declining modestly in subsequent years.

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

Daily Earnings Calendar >

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	$24.52	$23.48	-4.24%
Apr 24, 2025	$22.18	$22.63	+2.03%
Jan 30, 2025	$23.50	$24.72	+5.19%
Oct 24, 2024	$24.93	$24.12	-3.25%

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.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing