---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-028482"
form_type: "8-K"
ticker: "CNOB"
cik: "0000712771"
company_name: "ConnectOne Bancorp, Inc."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:20:27.026435+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ConnectOne Bancorp to acquire First of Long Island for ~$284M in stock merger

## Summary
- FLIC shareholders receive 0.5175 CNOB shares per FLIC share; aggregate value ~$284M (~$12.40/FLIC share).
- Combined entity will have ~$14B assets, $11B deposits, $11B loans; creates top-5 Long Island bank.
- Transaction expected ~36% accretive to 2025 EPS; tangible book value dilution of 12% with ~2.9-year earnback.
- FLIC CEO Chris Becker to become Vice Chair of ConnectOne; two FLIC directors join board.
- Close expected mid-2025; subject to shareholder and regulatory approvals; CNOB plans $100M sub-debt raise.

## SEC filing metadata
- accession: 0001437749-24-028482
- form_type: 8-K
- ticker: CNOB
- cik: 0000712771
- company_name: ConnectOne Bancorp, Inc.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712771/000143774924028482/0001437749-24-028482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712771/000143774924028482/cnob20240904c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-028482
- JSON: https://secwatch.observer/filing/0001437749-24-028482.json
- Plain text: https://secwatch.observer/filing/0001437749-24-028482.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.