earnings
confidence high
sentiment neutral
materiality 0.75
ConnectOne Q4 EPS $0.79 flat YoY; full-year EPS $3.01; declares dividend
ConnectOne Bancorp, Inc.
2022-FY EPS reported
$3.01
- Q4 net income to common stockholders $31.0M ($0.79 diluted EPS), up from $27.4M ($0.70) Q3 2022, flat vs Q4 2021 EPS.
- Full-year 2022 net income to common stockholders $119.2M ($3.01 diluted EPS), down from $128.6M ($3.22) in 2021.
- NPA ratio fell to 0.46% from 0.61% sequentially; allowance for credit losses 203.6% of nonaccrual loans.
- Board declares Q1 2023 common dividend $0.155/share, payable Mar 1 to holders of record Feb 17; preferred dividend also declared.
- Tangible book value per share $21.71, up 7.9% YoY; tangible common equity ratio 9.04%.