ConnectOne Bancorp Q1 2025: Assets Top $8.1B
Ticker: CNOBP · Form: 10-Q · Filed: May 2, 2025 · CIK: 712771
| Field | Detail |
|---|---|
| Company | Connectone Bancorp, Inc. (CNOBP) |
| Form Type | 10-Q |
| Filed Date | May 2, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, financials, banking
TL;DR
CNOB Q1 2025: Assets $8.1B, Loans $6.4B, EPS $0.33. Solid quarter.
AI Summary
ConnectOne Bancorp, Inc. reported its first quarter 2025 results, with total assets reaching $8.12 billion and total loans at $6.45 billion as of March 31, 2025. Net interest income for the quarter was $42.36 million, and diluted earnings per share were $0.328125. The company also reported total deposits of $6.45 billion.
Why It Matters
This filing provides insight into ConnectOne Bancorp's financial health and performance in early 2025, impacting investor confidence and market valuation.
Risk Assessment
Risk Level: medium — The company operates in the banking sector, which is subject to economic fluctuations and regulatory changes.
Key Numbers
- $8.12 billion — Total Assets (As of March 31, 2025)
- $6.45 billion — Total Loans (As of March 31, 2025)
- $42.36 million — Net Interest Income (For the quarter ended March 31, 2025)
- $0.328125 — Diluted Earnings Per Share (For the quarter ended March 31, 2025)
- $6.45 billion — Total Deposits (As of March 31, 2025)
Key Players & Entities
- ConnectOne Bancorp, Inc. (company) — Filer
- CENTER BANCORP INC (company) — Former company name
- 301 SYLVAN AVENUE (location) — Business and mailing address
- ENGLEWOOD CLIFFS, NJ (location) — City, State of business and mailing address
- 2018168900 (phone_number) — Business phone number
- 001-40751 (identifier) — SEC file number
- 20250331 (date) — Conformed period of report
- 20250502 (date) — Filed as of date
FAQ
What was ConnectOne Bancorp's net interest income for the first quarter of 2025?
ConnectOne Bancorp's net interest income for the first quarter of 2025 was $42,355,523.
How much were total assets for ConnectOne Bancorp as of March 31, 2025?
As of March 31, 2025, ConnectOne Bancorp's total assets were $8,118,731.
What was the diluted earnings per share for ConnectOne Bancorp in Q1 2025?
The diluted earnings per share for ConnectOne Bancorp in Q1 2025 was $0.328125.
What is the company's primary business activity?
ConnectOne Bancorp, Inc. operates in the commercial banking sector, as indicated by its SIC code [6022] for State Commercial Banks.
When did ConnectOne Bancorp change its name from Center Bancorp Inc?
ConnectOne Bancorp changed its name from Center Bancorp Inc on July 3, 1992.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 2, 2025 regarding ConnectOne Bancorp, Inc. (CNOBP).