secwatch.observer — SEC 8-K summary
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Issuer:     ConnectOne Bancorp, Inc. (CNOB)
CIK:        0000712771
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001437749-25-012855
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConnectOne Q1 net income $18.7M ($0.49 EPS), NIM expands to 2.93%, declares $0.18 dividend
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- Q1 net income available to common stockholders $18.7M ($0.49 diluted EPS), flat vs Q4 2024, up from $15.7M ($0.41) in Q1 2024.
- Net interest margin widened 7 bps to 2.93%; deposit costs decreased 21 bps QoQ.
- Nonaccrual loans down to 0.61% of total loans; annualized net charge-offs 0.17%.
- Tangible book value per share increased to $24.16 from $23.92 at Dec 31, 2024.
- Merger with The First of Long Island Corp expected to close Q2 2025; common dividend $0.18/share payable June 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712771/000143774925012855/0001437749-25-012855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712771/000143774925012855/cnob20250225c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012855

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer