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Stock impact report

ConnectOne targets 3.50% year-end spot net interest margin while maintaining mid-single-digit loan growth outlook [Seeking Alpha]

ConnectOne Bancorp, Inc. (CNOB) 
Last connectone bancorp, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: connectonebank.com
Company Research Source: Seeking Alpha
"We kick off 2026 with strong momentum, firing on all cylinders as demonstrated by our results" (Chairman, President & CEO Frank Sorrentino), adding that the company "scaled the balance sheet from under $10 billion to nearly $15 billion Fresh Stock Ideas, Every Day Quick Insights ConnectOne Bancorp's Q1 profit was driven by a net interest margin expansion to 3.39%, strong loan growth ($300 million quarterly increase), and active share buybacks and dividend hikes. Management reaffirmed year-end margin outlook at 3.50%, expecting further loan growth in the mid-single digits, even without multiple rate cuts. Management noted an isolated increase in delinquencies tied to 19 NYC rent-stabilized properties but emphasized a total portfolio reduction to $675 million and reserves/marks totaling over $80 million. They highlighted a strong resolution track record and insulation from broader risk. Management described the deposit environment as competitive, with deposit costs projected Show less Read more
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