earnings
confidence high
sentiment positive
materiality 0.75
ConnectOne Q4 net income $18.9M ($0.49 EPS), margin expands to 2.86%
ConnectOne Bancorp, Inc.
2024-FY EPS reported
$1.76
- Q4 net income available to common $18.9M (diluted EPS $0.49), up 20.5% QoQ from $15.7M ($0.41).
- Full-year 2024 net income $67.8M ($1.76 EPS) vs $81.0M ($2.07 EPS) in 2023.
- Net interest margin expanded 19 bps to 2.86%; loans up 2.0% and core deposits up 3.2% QoQ.
- Board declared $0.18/common dividend payable March 3, 2025; record Feb 18, 2025.
- Merger with First of Long Island Corp on track for Q2 2025 close.