ConnectOne Bancorp, Inc. (CNOB) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, ConnectOne Bancorp reported revenue of $388.3M, up 47.1% from $264.1M the year before. Net income was $80.4M (a 20.7% net margin), or $1.63 per diluted share. Net interest income was $353.3M, and the efficiency ratio (noninterest expense / revenue) was 58.9%. Operating activities generated $106.4M of cash, leaving $101.0M of free cash flow. At fiscal year end, ConnectOne Bancorp held $14.00B in total assets against $12.43B in total liabilities, including $380.9M of cash and equivalents.
Open the full interactive ConnectOne Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
ConnectOne Bancorp Key Stats
| Share Price | $30.06 |
|---|---|
| Market Cap | $1.52B |
| P/E Ratio | 18.4 |
| Revenue YoY Growth | +47.0% |
| 52-Week Range | $22.68 – $33.91 |
| Shares Outstanding | 50.2 million (basic, 2026 Q2) |
ConnectOne Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $238.0M | $262.9M | $302.1M | $255.1M | $247.3M | $353.3M |
| Provision for Credit Losses | $41.0M | -$5.5M | $17.8M | $8.2M | $13.8M | $47.0M |
| Noninterest Income | $14.4M | $15.7M | $13.2M | $14.0M | $16.7M | $35.1M |
| Noninterest Expense | $121.0M | $109.0M | $126.4M | $143.9M | $151.8M | $228.6M |
| Revenue | $252.4M | $278.6M | $315.4M | $269.1M | $264.1M | $388.3M |
| Pre-Tax Income | $90.4M | $175.1M | $171.2M | $117.0M | $98.5M | $112.7M |
| Income Tax | $19.1M | $44.7M | $46.0M | $30.0M | $24.7M | $32.3M |
| Net Income | $71.3M | $130.4M | $125.2M | $87.0M | $73.8M | $80.4M |
| Diluted EPS | $1.79 | $3.22 | $3.01 | $2.07 | $1.76 | $1.63 |
ConnectOne Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $121.4M | $112.6M | $115.6M | $121.6M |
| Net Income | $41.0M | $39.5M | $37.8M | $41.7M |
| Diluted EPS | $0.78 | $0.87 | $0.72 | $0.80 |
ConnectOne Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $303.8M | $265.5M | $268.3M | $242.7M | $356.5M | $380.9M |
| Loans (Net) | $6.16B | $6.75B | — | — | — | $11.30B |
| Total Assets | $7.55B | $8.13B | $9.64B | $9.86B | $9.88B | $14.00B |
| Deposits | $5.96B | $6.33B | $7.36B | $7.54B | $7.82B | $11.24B |
| Total Long-Term Debt | $2.63B | $2.52B | $1.01B | $1.01B | $768.0M | $1.11B |
| Total Liabilities | $6.63B | $7.01B | $8.47B | $8.64B | $8.64B | $12.43B |
| Shareholders' Equity | $915.3M | $1.12B | $1.18B | $1.22B | $1.24B | $1.57B |
ConnectOne Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $81.1M | $202.3M | $176.8M | $92.9M | $60.7M | $106.4M |
| Cash From Investing | -$323.4M | -$689.9M | -$1.54B | -$248.0M | $55.2M | -$186.2M |
| Cash From Financing | $344.5M | $449.4M | $1.37B | $129.5M | -$2.1M | $104.2M |
| Free Cash Flow | $78.9M | $199.5M | $173.5M | $85.5M | $56.9M | $101.0M |
Figures from ConnectOne Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full ConnectOne Bancorp financials page for every line item.
ConnectOne Bancorp Company Profile
| Ticker | CNOB |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Englewood Cliffs, New Jersey |
| Incorporated in | New Jersey |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000712771 |
Frequently Asked Questions
What was ConnectOne Bancorp's revenue in fiscal 2025?
ConnectOne Bancorp (CNOB) reported revenue of $388.3M for fiscal 2025.
What is ConnectOne Bancorp's annual revenue history?
ConnectOne Bancorp's annual revenue by fiscal year: 2020: $252.4M; 2021: $278.6M; 2022: $315.4M; 2023: $269.1M; 2024: $264.1M; 2025: $388.3M.
What was ConnectOne Bancorp's net income in fiscal 2025?
ConnectOne Bancorp reported net income of $80.4M for fiscal 2025.
What was ConnectOne Bancorp's earnings per share (EPS) in fiscal 2025?
ConnectOne Bancorp's diluted EPS was $1.63 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did ConnectOne Bancorp generate in fiscal 2025?
ConnectOne Bancorp generated $101.0M of free cash flow in fiscal 2025.
What was ConnectOne Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), ConnectOne Bancorp reported revenue of $121.6M.
How much debt does ConnectOne Bancorp have?
ConnectOne Bancorp reported $1.11B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of ConnectOne Bancorp are outstanding?
ConnectOne Bancorp reported a weighted average of 50.2 million basic shares outstanding in 2026 Q2.
What is ConnectOne Bancorp's market cap?
Based on its latest closing price, ConnectOne Bancorp (CNOB) has a market capitalization of about $1.52B.
When does ConnectOne Bancorp's fiscal year end?
ConnectOne Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is ConnectOne Bancorp headquartered?
ConnectOne Bancorp lists its business address in Englewood Cliffs, New Jersey in its SEC filings.