ConnectOne Bancorp (CNOB) reported $121.57 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 44.6%. EPS of $0.84 for the same period compares to $0.55 a year ago.
The reported revenue represents a surprise of -0.47% over the Zacks Consensus Estimate of $122.14 million. With the consensus EPS estimate being $0.83, the EPS surprise was +1.21%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how ConnectOne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio (non-GAAP): 42.7% versus the two-analyst average estimate of 46.4%. Net Interest Margin (GAAP): 3.4% compared to the 3.4% average estimate based on two analysts. Average Balance - Total interest-earning assets: $13.45 billion versus the two-analyst average estimate of $13.4 billion. Deposit, loan and other income: $3.32 million compared to the $3.16 million average estimate based on two analysts. Net Interest Income (tax equivalent basis): $114.84 million versus the two-analyst average estimate of $114.18 million. Net gains on sale of loans held-for-sale: $1.59 million versus $1.75 million estimated by two analysts on average. Income on bank owned life insurance: $3.02 million versus the two-analyst average estimate of $2.99 million. Total Noninterest Income: $7.93 million compared to the $7.89 million average estimate based on two analysts.View all Key Company Metrics for ConnectOne here>>>
Shares of ConnectOne have returned -1.1% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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ConnectOne Bancorp, Inc. (CNOB): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).