ConnectOne Bancorp (CNOB) Expected to Release Earnings on Thursday

ConnectOne Bancorp (NASDAQ:CNOB) is expected to issue its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect ConnectOne Bancorp to announce earnings of $0.83 per share and revenue of $121.5480 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

ConnectOne Bancorp (NASDAQ:CNOB) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.06. ConnectOne Bancorp had a return on equity of 10.17% and a net margin of 13.21%.The business had revenue of $116.64 million during the quarter, compared to the consensus estimate of $119.59 million. On average, analysts expect ConnectOne Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ConnectOne Bancorp Trading Up 1.9%

Shares of CNOB opened at $33.02 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.97. The company has a 50 day simple moving average of $31.32 and a two-hundred day simple moving average of $28.70. ConnectOne Bancorp has a 1 year low of $22.07 and a 1 year high of $33.97. The firm has a market cap of $1.66 billion, a P/E ratio of 19.09 and a beta of 1.05.

ConnectOne Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were paid a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 2.4%. The ex-dividend date was Friday, May 15th. This is an increase from ConnectOne Bancorp’s previous quarterly dividend of $0.18. ConnectOne Bancorp’s dividend payout ratio is presently 45.09%.

Hedge Funds Weigh In On ConnectOne Bancorp

A number of large investors have recently made changes to their positions in CNOB. AQR Capital Management LLC raised its position in ConnectOne Bancorp by 7.6% in the 1st quarter. AQR Capital Management LLC now owns 74,053 shares of the financial services provider’s stock worth $1,800,000 after purchasing an additional 5,205 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of ConnectOne Bancorp by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,537 shares of the financial services provider’s stock valued at $524,000 after buying an additional 914 shares during the period. Jane Street Group LLC grew its stake in shares of ConnectOne Bancorp by 374.7% during the first quarter. Jane Street Group LLC now owns 64,537 shares of the financial services provider’s stock valued at $1,569,000 after buying an additional 50,942 shares during the last quarter. New York State Common Retirement Fund raised its holdings in shares of ConnectOne Bancorp by 32.7% in the second quarter. New York State Common Retirement Fund now owns 13,709 shares of the financial services provider’s stock worth $318,000 after buying an additional 3,379 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of ConnectOne Bancorp by 14.1% in the second quarter. Invesco Ltd. now owns 111,195 shares of the financial services provider’s stock worth $2,575,000 after buying an additional 13,729 shares during the period. 67.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on CNOB. Raymond James Financial reissued a “market perform” rating on shares of ConnectOne Bancorp in a report on Wednesday, July 1st. Hovde Group boosted their target price on ConnectOne Bancorp from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Keefe, Bruyette & Woods increased their price target on ConnectOne Bancorp from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Piper Sandler upped their price objective on ConnectOne Bancorp from $34.00 to $38.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. Finally, Weiss Ratings upgraded ConnectOne Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $35.00.

ConnectOne Bancorp Company Profile

ConnectOne Bancorp is a New Jersey?based bank holding company whose primary subsidiary, ConnectOne Bank, offers a suite of commercial banking services to small and medium?sized businesses, professionals and individuals. Established in 2005 and headquartered in Englewood Cliffs, New Jersey, the company seeks to deliver customized lending and deposit solutions through a network of branches across northern New Jersey and the New York metropolitan area.

The company’s lending portfolio centers on commercial real estate financing, construction lending, owner?occupied real estate loans and working capital lines of credit.