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ConnectOne Q1 net income more than doubles to $36.3 million; net interest income climbs 65.2%
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ConnectOne Q1 net income more than doubles to $36.3 million; net interest income climbs 65.2%
  • ConnectOne Bancorp posted net income available to common stockholders of USD 36.3 million, more than doubled from prior-year period, with diluted EPS rising to USD 0.72.
  • Net interest income climbed to USD 108.8 million, reflecting a 46 basis-point expansion in net interest margin to 3.39%.
  • Noninterest expense increased to USD 57.9 million, including USD 2.1 million in merger expenses and restructuring charges.
  • Gross loans grew 2.5% to USD 11.7 billion, while allowance for credit losses edged down to USD 153.1 million.
  • Estimated uninsured deposits totaled USD 5.01 billion as of March 31, 2026; partnership with ModernFi’s NBID network launched to expand reciprocal deposit options.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConnectOne Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-014866), on May 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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