ConnectOne Bancorp, Inc. (CNOB): REPORTS SECOND QUARTER 2026 RESULTS
ConnectOne Bancorp, Inc. (CNOB) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex_949727.htm EXHIBIT 99.1 ex_949727.htm Exhibit 99.1 CONNECTONE BANCORP, INC. REPORTS SECOND QUARTER 2026 RESULTS OPERATING PERFORMANCE ACCELERATES SEQUENTIAL LOAN GROWTH OF 5% AND CORE DEPOSIT GROWTH OF 8%, ANNUALIZED NET INTEREST MARGIN WIDENS TO 3.42% TANGIBLE BOOK
How this was made
The 30-second read
Why it matters
The most actionable elements are the reported Q2 profitability metrics (net income, EPS, NIM, operating PPNR), the drivers of sequential changes (net interest income, noninterest expense), and the declared common and preferred dividends with record and payment dates.
Market read
Sequential loan and core deposit growth accelerated, NIM widened for the 7th consecutive quarter, and dividends were declared, collectively supporting a near-term positive read-through for CNOB’s earnings power and capital return.
What to watch
The filing attributes several year-over-year changes to the prior merger with FLIC, so investors may discount parts of the improvement as non-recurring or integration-related.
Background
SEC Form 8-K (Item 2.02) with Exhibit 99.1 reporting ConnectOne Bancorp’s second quarter 2026 operating results and financial condition, including dividend declarations.
Ticker impact
ConnectOne Bancorp reported Q2 2026 net income of $40.2M, EPS $0.80, and widened net interest margin to 3.42% with sequential loan growth of 5%.
Likely modest positive bias for near-term trading as NIM expansion and operating efficiency improvements support earnings power, though bank stocks can remain rate-sensitive.
The filing provides multiple concrete datapoints: sequential NIM widening to 3.42%, operating PPNR rising, credit-loss provision increasing vs Q1 but still lower than the prior-year merger-related baseline, and a declared cash dividend with a specific pay/record schedule.
Market effects
Adds another regional bank datapoint on deposit costs and NIM trajectory, relevant to rate and funding-cost expectations.
Limited, but can influence sentiment toward similarly sized Northeast US community banks.
Low; primarily a US small-cap bank earnings and capital-return signal.
Counterpoint
Credit-loss provision rose versus Q1, so the earnings quality may be less durable if asset quality deteriorates.
Key entities
- issuerConnectOne Bancorp, Inc.
Reported Q2 2026 results, including net income of $40.2M, EPS $0.80, NIM widening to 3.42%, and declared dividends.
- subsidiaryConnectOne Bank
Operating bank referenced as the franchise behind the parent’s results.
- acquired companyThe First of Long Island Corporation (FLIC)
Merger referenced as a driver of year-over-year changes and prior-year credit provision timing.
