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Stock impact report

ConnectOne Bancorp Turns Largest Deal Into Test For AI And Capital Returns [Yahoo! Finance]

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: Yahoo! Finance
ConnectOne Bancorp (NasdaqGS:CNOB) has completed the largest transaction in its history, including a full systems conversion and rapid integration of the acquired business. The deal has increased the bank's asset base and reshaped its positioning in its core markets. Management is now concentrating on branch consolidations and AI tools to improve efficiency and refine the business model. The company is emphasizing shareholder returns through buybacks and dividends while highlighting deposit and loan growth. ConnectOne Bancorp is coming off this major integration with shares at $26.62 and a 1 year return of 8.1%. Over 3 years, the stock is up 18.3%, and over 5 years it has gained 31.3%, providing a view of how the bank has rewarded patience over time. With the transaction closed and systems unified, the focus shifts to what this larger platform can achieve in terms of efficiency, profitability, and capital return. For investors watching NasdaqGS:CNOB, the key questions now c Show less Read more
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