ConnectOne Bancorp
Runs branch-lite commercial banking and a franchise-financing marketplace across metro New York and Florida.
Something off on this page? Send us feedback.
Profile
Provides deposits, commercial and consumer loans, treasury services, digital banking, and BoeFly franchise-financing referrals. Revenue is shaped by net interest income, a loan book weighted toward commercial real estate, and a branch-lite footprint centered on New Jersey, New York City, Long Island, the Hudson Valley, and Florida.
Offers deposits, commercial and consumer lending, treasury and cash-management services, cards, wire transfers, safe deposit boxes, and online and mobile banking through ConnectOne Bank. BoeFly adds a franchise-financing marketplace that connects borrowers with partner banks, including ConnectOne Bank.
Serves small and mid-sized businesses, local professionals, and individuals from a branch-lite footprint centered on New Jersey, New York City, Long Island, the Hudson Valley, and Florida. Regional offices function as business hubs while relationship officers often meet clients away from branches.
Revenue depends mainly on net interest income, so deposit costs and loan yields shape results. Credit exposure is tied to commercial real estate, the largest loan category, and the FLIC merger broadened the Long Island and New York City branch base.
Company facts
Categories
Key statistics
Year to date +21.5% · Average volume (30d) 405.5K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 1, 2026 | Raymond James | Downgrade | Strong Buy | Market Perform | ||
| Apr 27, 2026 | Raymond James | Target | $26 | $34 | ||
| Mar 26, 2025 | Keefe, Bruyette & Woods | Upgrade | Market Perform | Outperform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 23, 2026Q2 FY26 | $0.82 | $0.84 | +2.9% | $121.5M | $122.8M | +1.0% | +3.06% |
| Apr 23, 2026Q1 FY26 | $0.73 | $0.79 | +8.2% | $115.5M | $116.6M | +1.0% | −1.42% |
| Jan 29, 2026Q4 FY25 | $0.74 | $0.83 | +12.2% | $115.2M | $114.6M | −0.5% | −3.59% |
| Oct 30, 2025Q3 FY25 | $0.65 | $0.70 | +7.7% | $111.0M | $121.4M | +9.4% | +0.63% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $129.2M | $151.2M | $207.1M | $188.8M | $186.9M | $29.4M | |
| Gross profit | $66.7M | $48.4M | $115.9M | $106.8M | $106.2M | −$51.4M | |
| Operating income | $27.4M | −$25.3M | $57.3M | $53.4M | $52.5M | −$52.5M | |
| Net income | $20.2M | −$20.3M | $41.0M | $39.5M | $37.8M | $41.7M | |
| Diluted EPS | $0.49 | −$0.52 | $0.91 | $0.75 | $0.75 | $0.80 | |
| Gross margin | 51.6% | 32.0% | 56.0% | 56.5% | 56.8% | -174.6% | |
| Operating margin | 21.2% | -16.7% | 27.6% | 28.3% | 28.1% | -178.5% |
Fiscal years (4-quarter sums)FY21 $316.8M · FY22 $387.0M · FY23 $504.1M · FY24 $534.6M · FY25 $676.4M
Balance sheet, Jun 30, 2026Cash & short-term investments $1.22B · Total debt $32.9M · Total assets $14.41B · Shareholders' equity $1.63B
Dividends
Raised for 15 straight years — most recently to $0.195 from $0.18 in May 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 14, 2026 | Aug 14 | Sep 1 | $0.195 | |
| May 15, 2026 | May 15 | Jun 1 | $0.195 | raised from $0.18 |
| Feb 13, 2026 | Feb 13 | Mar 2 | $0.18 | |
| Nov 14, 2025 | Nov 14 | Dec 1 | $0.18 | |
| Aug 15, 2025 | Aug 15 | Sep 2 | $0.18 | |
| May 15, 2025 | May 15 | Jun 2 | $0.18 | |
| Feb 18, 2025 | Feb 18 | Mar 3 | $0.18 | |
| Nov 15, 2024 | Nov 15 | Dec 2 | $0.18 |
Ownership
Shares outstanding 50.29M · Float 47.28M · 94.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.77M | 9.48% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 2.90M | 5.76% | 13F | Aug 11, 2026 |
| Wellington Management Group LLP | 2.69M | 5.35% | 13F | Aug 14, 2026 |
| Vanguard Capital Management LLC | 2.15M | 4.27% | 13F | Aug 13, 2026 |
| State Street Corp | 1.68M | 3.33% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 15, 2026 | Anson M. Moise | director | +860 | $33.19 |
| Jun 8, 2026 | Anson M. Moise | director | +120 | $30.96 |
| Jun 9, 2026 | Anson M. Moise | director | +120 | $31.39 |
| Aug 11, 2020 | Michael W. Kempner | director | −67,800 | $14.75 |
| Sep 3, 2025 | Joseph T. Javitz | officer: EVP & Chief Credit Officer | −1,700 | $25.46 |
Peers
- Valley National Bancorp
Larger NJ-rooted regional bank across NY and Florida
- Dime Commercial Bancshares
Long Island and NYC bank for deposits, business loans, and CRE
- Provident Financial Services
NJ and NY community-bank rival in deposits, CRE, and wealth
- OceanFirst
NJ and Long Island regional bank after the Flushing merger
- Metropolitan Bank
Branch-light NYC commercial bank focused on CRE and C&I
- Kearny Financial
NJ and outer-borough community bank for deposits and CRE
- Orange County Bancorp
Lower Hudson Valley business bank with CRE concentration
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| ConnectOne Bancorp | $31.73 | 0.00% | $1.60B | 9.9 | 9.1 | 2.6 | +46.0% |
| Valley National Bancorp | $13.92 | 0.00% | $7.71B | 11.6 | 9.8 | 2.6 | +13.3% |
| Dime Commercial Bancshares | $40.47 | −0.02% | $1.79B | 14.6 | 10.7 | 2.4 | +17.1% |
| Provident Financial Services | $23.71 | +0.91% | $3.06B | 9.8 | 9.4 | 2.2 | +9.7% |
| OceanFirst | $18.88 | −0.11% | $1.14B | 22.3 | 9.3 | 1.6 | +36.3% |
| Metropolitan Bank | $91.79 | −0.20% | $1.14B | 11.6 | 9.0 | 2.7 | +22.0% |
| Kearny Financial | $9.82 | 0.00% | $618.0M | 17.2 | 12.3 | 1.8 | +11.9% |
| Orange County Bancorp | $38.10 | +0.29% | $510.8M | 10.7 | 11.0 | 3.4 | −14.2% |
| Median | 11.6 | 9.8 | 2.4 | +13.3% |