Daniel Tamayo

Matthew Breese

Timothy Switzer

Feddie Strickland

Frank Schiraldi

Tim Delacion

Tyler Cacciatori

- ConnectOne Bancorp reported strong Q3 2025 financial performance, with operating return on assets increasing by over **30 basis points to 1.05%** and net interest margin expanding to **3.11%**.  **[0000712771_2216380_2]**  The company also saw robust sequential client deposit growth of approximately **4% annualized**, matching loan growth and maintaining a loan-to-deposit ratio below 100%.  **[0000712771_2216380_2]** 
- Credit quality remains solid, with non-performing assets at **0.28%** and annualized net charge-offs below **0.25%** for Q3 2025.  **[0000712771_2216380_1]** **[0000712771_2216380_3]** 
- The company received **two non-recurring items** that boosted pre-tax income by over **$10 million** in Q3 2025, including a **$6.6 million** employee retention tax credit and a **$3.5 million** pension curtailment gain.  **[0000712771_2216380_2]** **[0000712771_2216380_3]** 
- ConnectOne Bancorp provided an optimistic outlook, expecting Q4 2025 net interest margin to be **3.25% or above** and projecting 2026 loan growth in the **5% plus range**.  **[0000712771_2216380_2]**  Profitability targets for 2026 include a **1.2% ROA by Q2** and approaching **1.3% by year-end**.  **[0000712771_2216380_4]**

ConnectOne Bancorp Reports Strong Q3 2025 Results, Merger Integration Complete, and Positive 2026 Outlook

- ConnectOne Bancorp, Inc. reported **net income available to common stockholders of $39.5 million** and **diluted earnings per share of $0.78** for the third quarter of 2025, a significant increase from $(21.8) million net income and $(0.52) diluted EPS in Q2 2025.  **[712771_0001437749-25-032284_ex_864096.htm:1]** 
- The third quarter of 2025 results included nonrecurring items such as a **$6.6 million Employee Retention Tax Credit** and a **$3.5 million defined benefit pension plan curtailment gain**, partially offset by **$2.9 million in merger and restructuring expenses**.  **[712771_0001437749-25-032284_ex_864096.htm:1]** 
- As of September 30, 2025, **total assets were $14.0 billion**, **loans receivable $11.3 billion**, and **total deposits $11.4 billion**, with these increases primarily attributable to the merger with The First of Long Island Corporation completed on June 1, 2025.  **[712771_0001437749-25-032284_ex_864096.htm:1]** **[712771_0001437749-25-032284_ex_864096.htm:4]** 
- The company's net interest margin expanded five basis points sequentially to **3.11%** in Q3 2025, and nonperforming assets were **$39.7 million**, representing **0.28% of total assets**.  **[712771_0001437749-25-032284_ex_864096.htm:2]** **[712771_0001437749-25-032284_ex_864096.htm:4]** 
- A cash dividend of **$0.18 per share on common stock** and **$0.328125 per depositary share on preferred stock** was declared, both payable on December 1, 2025.  **[712771_0001437749-25-032284_ex_864096.htm:2]**

ConnectOne Bancorp (CNOB)