secwatch.observer — SEC 8-K summary
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Issuer:     ConnectOne Bancorp, Inc. (CNOB)
CIK:        0000712771
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0001437749-25-023723
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConnectOne reports Q2 net loss of $(21.8)M on $30.7M merger costs and $27.4M credit provision
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- Net loss available to common: $(21.8)M (diluted EPS $(0.52)); operating net income $23.1M (EPS $0.55).
- Merger with The First of Long Island closed June 1; company now $13.9B assets, 61 locations.
- Dividend declared: $0.18/share common (payable Sept 2, record Aug 15); preferred dividend $0.328125/depositary share.
- Nonperforming assets fell to $39.2M (0.28% of assets); ACL ratio rose to 1.40% vs 1.00% at Dec 31.
- Net interest margin widened to 3.06% (2.93% in Q1); deposit costs down 11 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712771/000143774925023723/0001437749-25-023723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712771/000143774925023723/cnob20250430c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023723

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