ConnectOne Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 07:00 am EDT
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ConnectOne Bancorp, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 62.36 million compared to USD 78.16 million a year ago. Net income was USD 21.41 million compared to USD 28.92 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 0.7 a year ago.
For the nine months, net interest income was USD 193.28 million compared to USD 224.11 million a year ago. Net income was USD 67.73 million compared to USD 92.65 million a year ago. Basic earnings per share from continuing operations was USD 1.62 compared to USD 2.24 a year ago. Diluted earnings per share from continuing operations was USD 1.61 compared to USD 2.23 a year ago.
ConnectOne Bancorp, Inc. is a financial services company. It operates through its bank subsidiary, ConnectOne Bank. ConnectOne Bank is a commercial bank offering a full suite of deposit and loan products and services to the general public, primarily to small and mid-sized businesses, local professionals and individuals residing, working and conducting business in the New York Metropolitan area and the South Florida market served by its West Palm Beach office. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, wire transfers, safe deposit boxes, access to automated teller services and telephone, Internet and mobile banking. It also offers consumer and commercial business loans on a secured and unsecured basis, revolving lines of credit, commercial mortgage loans, and residential mortgages on both primary and secondary residences, home equity loans, bridge loans and other personal purpose loans.
CONNECTONE BANCORP, INC. 
