ConnectOne Bancorp (NASDAQ:CNOB) Is Due To Pay A Dividend Of $0.18
ConnectOne Bancorp (NASDAQ:CNOB) has announced a dividend of $0.18 per share, payable on March 2nd, resulting in an annual yield of 2.6%. The company has a history of consistent dividend payments with a payout ratio of 44%, and analyst estimates project future EPS growth of 147.1% and a payout ratio of 21%. Despite a historical decline in EPS, future earnings are expected to rise, though the company has also issued new stock, which could impact dividend growth.
ConnectOne Bancorp stock hits 52-week high at 28.49 USD By Investing.com
ConnectOne Bancorp (CNOB) has reached a 52-week high of $28.49, marking an 18.76% increase in stock value over the past year. The company boasts a market capitalization of $1.43 billion, a price-to-book ratio of 0.99, and has maintained dividend payments for 52 consecutive years. Analysts remain bullish, with price targets ranging from $30 to $32.50.
ConnectOne Bancorp stock hits 52-week high at 28.49 USD By Investing.com
ConnectOne Bancorp (CNOB) has reached a 52-week high of $28.49, reflecting an 18.76% increase in stock value over the past year. The company boasts a market capitalization of $1.43 billion, a price-to-book ratio of 0.99, and has maintained dividend payments for 52 consecutive years. Analysts are bullish on CNOB, with price targets ranging from $30 to $32.50, and Piper Sandler recently initiated coverage with an Overweight rating and a $28.00 price target.
ConnectOne Bancorp, Inc. to Announce Fourth Quarter 2025 Financial Results on January 29, 2026
ConnectOne Bancorp, Inc. announced it will release its fourth quarter 2025 financial results on January 29, 2026, before market open, followed by a conference call and audio webcast at 10:00 a.m. ET. Chairman and CEO Frank Sorrentino III and CFO William S. Burns will host the call to discuss the company's financial performance. ConnectOne Bancorp, through its subsidiaries ConnectOne Bank and BoeFly, provides financial services primarily to small to middle-market businesses.
ConnectOne Bancorp, Inc. to Host 2025 Fourth Quarter Results Conference Call on January 29, 2026
ConnectOne Bancorp, Inc. announced it will release its 2025 fourth quarter results on January 29, 2026, before market open. Management will host a conference call and webcast at 10:00 a.m. ET on the same day to discuss financial performance. A replay and online archive will be available for those unable to attend the live event.
ConnectOne Bancorp (CNOB) Valuation Check After Analyst Downgrade And Mixed Sentiment
ConnectOne Bancorp (CNOB) has received a mixed sentiment from analysts, with Wall Street Zen downgrading its rating from buy to hold, while others maintain a "Moderate Buy". Despite a recent short-term price decline, the company shows positive long-term returns. The stock is considered potentially undervalued with a fair value of US$30.60 based on future earnings potential, but its current P/E ratio indicates it might be fully priced compared to industry averages.
ConnectOne Bancorp (NASDAQ: CNOB) details CRO change and separation terms
ConnectOne Bancorp announced that Chief Risk Officer Michael O’Malley will depart effective December 31, 2025, under a Separation and Release Agreement, receiving a severance of $389,813 and continued insurance benefits. Mark Pappas, the current Chief Internal Auditor with over 30 years of experience, will succeed him as the new Chief Risk Officer. This change ensures continuity in risk management with an internal successor deeply familiar with the bank's operations.
ConnectOne Bancorp, Inc. to Host 2025 Third Quarter Results Conference Call on October 30, 2025 - MarketScreener
ConnectOne Bancorp, Inc. announced it will release its third quarter 2025 results before the market opens on Thursday, October 30, 2025. The company will also host a conference call and audio webcast at 10:00 a.m. ET on the same day to discuss its financial performance. Frank Sorrentino III (Chairman and CEO) and William S. Burns (Senior Executive VP and CFO) will host the call.
With 70% ownership of the shares, ConnectOne Bancorp, Inc. (NASDAQ:CNOB) is heavily dominated by institutional owners
Institutional investors hold a dominant 70% ownership stake in ConnectOne Bancorp, Inc. (NASDAQ:CNOB), giving them significant influence over the company's stock price and decisions. BlackRock, Inc., FMR LLC, and The Vanguard Group, Inc. are among the largest institutional shareholders, while insiders also own a substantial portion of shares. Individual investors, or the general public, hold a 25% stake, which may not be enough to sway company policy against the interests of larger shareholders.
Long Island scores again: $1M Powerball ticket sold in Williston Park
A Powerball ticket worth $1 million was sold in Williston Park, Long Island, marking the second such win in the area within a week. The winning ticket was for Saturday's drawing, which had a jackpot of $1.79 billion split by two players outside of New York. Additionally, three $50,000 third-prize tickets were sold on Long Island.
ConnectOne Bancorp to Release Second Quarter 2025 Financial Results on July 29, 2025
ConnectOne Bancorp, Inc. (Nasdaq: CNOB) announced it will release its second-quarter 2025 financial results before the market opens on July 29, 2025. Following the release, Chairman and CEO Frank Sorrentino III and CFO William S. Burns will host a conference call at 10:00 a.m. ET to discuss the results and operational performance. An audio webcast and replay will also be available for investors.
ConnectOne Bancorp, Inc. Appoints Robert A. Schwartz as General Counsel to Support Growth Strategy
ConnectOne Bancorp, Inc. has appointed Robert A. Schwartz as General Counsel, effective June 1, 2025, to strengthen its executive leadership following its merger with First of Long Island Corporation. Schwartz, with decades of experience in banking law, will advise the Board and executive team on legal and regulatory risks as the company accelerates its growth and manages nearly $14 billion in assets. His appointment is expected to be instrumental in navigating the dynamic banking landscape and capitalizing on new opportunities.
ConnectOne Bancorp completes $284m merger with First of Long Island
ConnectOne Bancorp has finalized its $284 million merger with First of Long Island, creating an entity with approximately $14 billion in total assets and expanding its presence in the greater New York metropolitan area. The merger boosts ConnectOne's retail network to over 60 branches across New York, New Jersey, and Southeast Florida, focusing on middle-market banking. Shareholders of First of Long Island received 0.5175 shares of ConnectOne Bancorp common stock per share, valuing each share at about $12.4 based on ConnectOne's closing price on September 4, 2024.
ConnectOne Bancorp Completes Merger with The First of Long Island Corporation
ConnectOne Bancorp has successfully completed its merger with The First of Long Island Corporation, forming a combined entity with approximately $14 billion in total assets and over 60 branches across New York, New Jersey, and Southeast Florida. This strategic move aims to accelerate growth, enhance service capabilities, and strengthen franchise value for existing and new clients. The merger also expands ConnectOne's Board of Directors to include experienced leaders from The First of Long Island, leveraging their expertise for future expansion and client service.
ConnectOne Bancorp, Inc. Completes Merger With the First of Long Island Corporation
ConnectOne Bancorp, Inc. (Nasdaq: CNOB) has successfully merged with The First of Long Island Corporation (Nasdaq: FLIC), creating a combined entity with approximately $14 billion in assets. The expanded company will operate under the ConnectOne brand, offering an extensive retail network across New York, New Jersey, and Southeast Florida. Following the merger, ConnectOne's Board of Directors has been enlarged to 15 members, welcoming former First of Long Island leaders, including Christopher Becker as Vice Chairman.
ConnectOne Bancorp. Completes First of Long Island Corporation Merger
ConnectOne Bancorp, Inc. has completed its merger with The First of Long Island Corporation, forming a combined entity operating under the ConnectOne brand with approximately $14 billion in total assets. This transaction expands ConnectOne's mission and their retail network across New York, New Jersey, and Southeast Florida. The Board of Directors has been expanded to 15 members, welcoming Christopher Becker, Peter Quick, and Ed Haye from First of Long Island.
CRA Problems with ConnectOne Merger With First of Long Island Lead to FDIC Condition
Fair Finance Watch has identified significant CRA (Community Reinvestment Act) issues with the proposed merger between ConnectOne Bank and First National Bank of Long Island. The FDIC imposed a CRA condition on ConnectOne after Fair Finance Watch's challenge, citing ConnectOne's poor record of lending to African American applicants, with only one mortgage loan made to an African American applicant in 2023. This condition highlights a "blind spot" among analysts who failed to address these issues during preliminary merger discussions.
ConnectOne, First of Long Island announce receipt of FDIC merger approval
ConnectOne Bancorp (CNOB) and The First of Long Island Corporation (FLIC) have received approval from the Federal Deposit Insurance Corporation for their previously announced merger. The closing of the transaction is anticipated around June 1, 2025, contingent on further approvals or waivers from New Jersey and Federal Reserve authorities. This development marks a significant step towards the completion of the merger between the two banking entities.
Major Bank Merger: FDIC Greenlights $14B ConnectOne-First Long Island Deal, Creating Top 5 Long Island Bank
ConnectOne Bancorp, Inc. and The First of Long Island Corporation have received FDIC approval for their merger, expected to close around June 1, 2025. The combined entity will operate under the ConnectOne brand, boasting approximately $14 billion in total assets, $11 billion in deposits, and $11 billion in loans, positioning it as one of the top 5 community banks on Long Island. The merger aims to leverage ConnectOne's commercial expertise and modern infrastructure to serve First of Long Island's client base, with both companies emphasizing client service and seamless integration.
ConnectOne Bancorp, Inc. and The First of Long Island Corporation Announce Receipt of FDIC Approval for Merger
ConnectOne Bancorp, Inc. and The First of Long Island Corporation have received FDIC approval for their previously announced merger. The closing is expected around June 1, 2025, pending further regulatory approvals. This merger will combine "two highly complementary, client focused banks," creating a combined entity with approximately $14 billion in total assets and establishing ConnectOne as one of the top 5 community banks on Long Island.
First National Bank of Long Island to merge with Connect One Bank
First National Bank of Long Island is set to merge with ConnectOne Bank, a move anticipated to close in the second quarter of 2025, pending regulatory approvals. The combined entity will operate under the ConnectOne brand, boasting approximately $14 billion in total assets and establishing itself as a top-five bank on Long Island by deposit market share. Chris Becker, CEO of First of Long Island, will become vice chairman of ConnectOne post-merger.
Shareholders of ConnectOne Bancorp, Inc. and The First of Long Island Corporation Approve Proposed Merger
Shareholders of ConnectOne Bancorp, Inc. and The First of Long Island Corporation have approved their proposed merger, which is expected to close in Q2 2025, pending regulatory approval. The combined entity will operate under the ConnectOne brand with approximately $14 billion in assets, establishing it as a top 5 bank on Long Island by deposit market share. Frank Sorrentino III and Chris Becker expressed enthusiasm for the transaction, highlighting the complementary cultures and attractive opportunities for clients, employees, and investors.
ConnectOne Bank Opens in East Hampton Village
ConnectOne Bank has opened its second East Hampton location at 78B Park Place, a property owned by Manhattan Skyline Management Corp. This new 2,000-square-foot branch will serve as a loan production office and further enhance the bank's community-focused banking philosophy. The expansion reflects ConnectOne's growth, with total assets nearing $9 billion and new locations spanning New York, New Jersey, and South Florida.
Don’t Be Afraid to Be Bold: Interview with Frank Sorrentino, CEO of ConnectOne Bank
Frank Sorrentino, CEO of ConnectOne Bank, shares his journey from construction to banking, emphasizing resilience, adaptability, and solving problems. He advises aspiring leaders to embrace curiosity, humility, and empathy while building trust and empowering teams. Sorrentino encourages leaders to be bold, take risks, and learn from every experience.
ConnectOne Bank, First National Bank of Long Island join forces to serve Long Island
ConnectOne Bank and First National Bank of Long Island are merging in a $284 million transaction, creating a bank with over $14 billion in assets. The combined entity will operate under the ConnectOne brand, significantly expanding its presence on Long Island and enhancing services for clients. The merger is expected to close in mid-2025, pending regulatory and shareholder approvals, making ConnectOne one of the top five banks on Long Island in terms of deposit market share.
ConnectOne Bancorp to Acquire The First of Long Island for $284M
ConnectOne Bancorp (CNOB) has agreed to acquire The First of Long Island Corp. (FLIC) in an all-stock transaction valued at $284 million. This merger will create an entity with approximately $14 billion in total assets and is expected to be 36% accretive to CNOB's 2025 earnings per share, accelerating its Long Island expansion strategy. The deal, unanimously approved by both boards, is anticipated to close by mid-2025.
ConnectOne to expand in NY with $284M deal
ConnectOne Bancorp is set to merge with The First of Long Island Corp. in an all-stock transaction valued at $284 million, aiming to create a premier middle-market lender in the greater New York metro area. The combined entity will operate under the ConnectOne brand with approximately $14 billion in total assets and intends to boost ConnectOne's earnings per share by 36% in 2025 on an adjusted basis. The deal, expected to close in mid-2025, is pending shareholder and regulatory approvals, while an investor rights law firm has initiated an investigation into the fairness of the merger to shareholders.
ConnectOne Bank Review: Savings, Checking and CDs
ConnectOne Bank offers savings, checking, and CD accounts primarily to customers in New Jersey and New York, boasting a large ATM network and competitive rates on certain savings balances. While it features no overdraft fees and extended customer service, potential downsides include monthly fees on some accounts and high minimum balance requirements to avoid fees or earn top savings rates. The bank's Connection Plus Savings offers a 3.75% APY with a $2,500 minimum balance, and its Connect Money Market Checking provides 3.40% APY, though a $5,000 balance is needed to waive the monthly fee.
Kevin Santacroce, ConnectOne Bank
Kevin Santacroce has been appointed as the Long Island Market President of ConnectOne Bank, a commercial bank with nearly $10 billion in assets. In this role, Santacroce will spearhead growth initiatives and business line strategy for ConnectOne in the Long Island market. With over 25 years of experience in banking, he will also oversee the strategic expansion of ConnectOne Bank into the East End of Long Island.
Kevin Santacroce new ConnectOne Bank Long Island Market President
Kevin Santacroce, a Southold native with over two decades of banking experience, has been appointed Long Island Market President for ConnectOne Bank. In this role, he will lead growth initiatives and oversee the bank's expansion on the East End of Long Island, leveraging his deep understanding of the local business landscape. Santacroce emphasizes ConnectOne Bank's "people first" approach, technological efficiency, and ability to create customized solutions for North Fork businesses.
Banking Technology Innovator NYMBUS Raises $70 Million in Series D Funding
NYMBUS, a banking technology company, announced it raised $70 million in Series D funding, bringing its total capital raised to over $199 million. Led by Insight Partners with participation from ConnectOne Bank and PeoplesBank, the investment will support NYMBUS's expansion and development of its core system and product portfolio. The company specializes in helping financial institutions achieve digital transformation and launch new digital experiences, such as fully operational digital banks in as few as 90 days.
NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors
NYMBUS, a financial technology solutions provider, announced it raised $70 million in Series D funding, led by Insight Partners with additional investments from ConnectOne Bank, PeoplesBank, The Banc Funds Company, and Mendon Venture Partners. This capital infusion will enable NYMBUS to accelerate the expansion and advancement of its modern core system and diverse product portfolio. The funding underscores NYMBUS's mission to modernize outdated legacy systems for banks and credit unions and drive growth in the financial services industry.
James Vincenti, ConnectOne Bank
ConnectOne Bank has launched a new Healthcare Commercial Banking Division, led by James Vincenti, Senior Vice President, Healthcare Lending Team Leader. He is joined by SVP Relationship Managers Betsy Shelley, Matt Girty, and Robert Albano, bringing extensive experience in healthcare commercial lending. The division will offer custom-tailored financial solutions to healthcare borrowers across multiple states, including various loan types and depository services.
ConnectOne Bank Opening New East Hampton Office
ConnectOne Bank is expanding its presence on Long Island with the opening of a new loan production office in East Hampton in late October. This marks their second office in the greater LI area and follows a recent expansion to West Palm Beach, Fla. The new East Hampton office will be led by Margie Meighan, ConnectOne Vice President and Business Development Officer, who brings over 30 years of experience in the local lending and retail banking market.
ConnectOne Bank expanding with new East Hampton office
ConnectOne Bank is expanding its presence on Long Island by opening a new 1,000-square-foot office in East Hampton in late October. This will be the bank's second location on Long Island, and they have also announced the hiring of Margie Meighan as vice president and business development officer to support the expansion. The move aims to meet the growing demand from local small businesses for community-focused banking.
Frank Sorrentino III Of ConnectOne Bank On The Future Of Money and Banking
Frank Sorrentino III, Chairman, CEO, and Founder of ConnectOne Bank, discusses the evolving landscape of banking and money, emphasizing the role of digitalization and technology in serving small to mid-market clients. He shares insights on ConnectOne Bank's journey, including its IPO and recent Fintech acquisitions, and offers advice for a successful career in the modern finance industry. Sorrentino highlights the importance of innovation balanced with regulation and envisions significant growth in payments and digital asset custody.
USDF stablecoin consortium expands to eight banks
The USDF Consortium announced the addition of three new banks: Amerant Bank, ConnectOne Bank, and Primis Bank, bringing the total to eight members. These banks will use a blockchain network to tokenize FDIC-insured bank deposits, enabling 24/7 interoperable interbank transfers. Following these additions, the total assets managed by consortium member banks have surpassed $200 billion.
Rising Stars in Banking, 2020: Siya Vansia
Siya Vansia, Senior Vice President and Chief Branding Officer at ConnectOne Bank, is recognized as a Rising Star in Banking for 2020. She was crucial in the rebranding of North Jersey Community Bank into ConnectOne Bank and its IPO, overseeing marketing, branding, and public image. Vansia also actively engages with local nonprofits and community partners, supporting bankwide events and participating in the Boys Club of New York's Young Advocates Circle.
Shawnee Trucking Company, with Assistance of NJEDA and Connect One Bank, Brings Transportation, Logistics Jobs to Area
Shawnee Trucking Company has expanded its operations to Paterson, NJ, creating 30 new jobs with the help of a $1.5 million loan from Connect One Bank, guaranteed by the New Jersey Economic Development Authority (NJEDA). This expansion supports the company's growth in third-party logistics and contributes to economic development in a designated Opportunity Zone. The initiative highlights the success of public-private partnerships in fostering job creation and business expansion within the state.
ConnectOne Bancorp Completes Acquisition of Bancorp of New Jersey
ConnectOne Bancorp, Inc. has completed its acquisition of Bancorp of New Jersey, Inc., a strategic move that enhances ConnectOne's market position and provides significant growth opportunities within the New York Metro market. The acquisition is projected to be approximately 5% accretive to ConnectOne's earnings per share and creates a combined entity with $7.0 billion in total assets. This transaction also expanded ConnectOne's board of directors to include former Bancorp of New Jersey director Mark Sokolich, further integrating the two companies.
Edgewood acquires 104,000 sq. ft. office building in South Plainfield, JLL says
Edgewood Properties has acquired a vacant 104,020-square-foot office building in South Plainfield, a former TUMI Inc. headquarters. JLL brokered the sale and sees potential for repositioning the site as either upgraded office space or redevelopment into industrial use. The property benefits from a strategic location near major highways and a significant labor pool.
Notable Women Banking - Elizabeth Magennis
Elizabeth Magennis, Executive Vice President and Chief Lending and Relationship Officer at ConnectOne Bank, oversees a $4.5 billion loan portfolio. She has been pivotal in the bank's growth, including its initial public offering and expansion to nearly 30 locations and over $6 billion in assets, also leading its digital advancements. Magennis joined the Manhattan Chamber of Commerce's board of directors in January 2019.
ConnectOne Bank Opens Branch on Broadway
ConnectOne Bank, a New Jersey-based bank, has opened a new branch on Broadway in Astoria, focusing on serving local small and mid-size businesses, particularly in real estate, law, professional services, and education. This expansion is part of the bank's strategy to grow its presence in the New York metro area, following other recent openings on Long Island and in Manhattan. The new branch offers a range of personal and commercial banking services to a thriving but underserved business community in Astoria.
Zelle launch takes aim at existing payment services
Zelle has officially launched its person-to-person (P2P) mobile banking service, aiming to compete with existing players like Square Cash, PayPal, and Venmo. The service will be rolled out to over 30 financial institutions and allows users to send and receive money via email or mobile phone number through mobile banking apps. Zelle leverages its ties to major banks and integrates with existing mobile banking apps to gain a foothold in the competitive P2P payment market.
Zelle Now Live! In Mobile Banking Apps Today, a New Way to Pay
Zelle, a new person-to-person (P2P) payments network from bank-owned Early Warning Services, is now live in mobile banking apps, allowing over 86 million U.S. mobile banking consumers to send and receive money in minutes. This service is integrated directly into the mobile banking apps of more than 30 participating financial institutions, with more to follow, aiming to provide a fast, safe, and easy alternative to checks and cash. Historically, the Zelle Network (built on the clearXchange Network) processed over $16 billion in Q1 2017 and $55 billion in 2016, and will soon offer a standalone app for users of non-participating banks.
Englewood councilman alleges improper closed meeting
An Englewood councilman is accusing Mayor Frank Huttle III of improperly holding a closed meeting to discuss a potential conflict of interest related to bank loans for a city development. Councilman Eugene Skurnick alleges Huttle's connection to ConnectOne Bank, which granted loans to ERA South, constitutes a conflict, especially citing a December 2014 loan prior to a key vote. Huttle denies any impropriety, stating he had no knowledge of significant loans before voting and that reviews found no conflict.
Englewood mayor voted for project financed by bank he has a stake in
Englewood Mayor Frank Huttle voted to approve a project that was financed by ConnectOne bank, where he is a major shareholder and board member. Huttle claims he was unaware of the bank's involvement at the time of the vote, stating he only learned of the loan at the groundbreaking. This incident has fueled a political conflict within Englewood's Democratic Party.
Main Line bank appoints North Jersey real estate exec as new chairman
Malvern Bancorp has appointed a new chairman of the board who previously worked with current CEO Anthony Weagley. The new chairman was a director at ConnectOne Bank, where Weagley was formerly CEO. This appointment brings another familiar face to work alongside CEO Weagley.
Alleged Robber Hit 5 Banks In Essex, Including Orange: Authorities
A Newark man, James Glenn, 59, has been charged with robbing five banks in Union and Essex Counties between August and October of 2015. Glenn allegedly used notes threatening harm and demanding cash, and reportedly robbed the same Connect One Bank in Union twice, threatening the same teller. He faces a maximum of 20 years in prison and a $250,000 fine for each bank robbery charge.
Dressing the part
This article discusses the importance of dress codes and uniforms in the banking industry, emphasizing how employee appearance contributes to brand image, trust, and community alignment. It highlights varying approaches from professional attire to business casual and career apparel, noting the role of clothing in reflecting a bank's vision and approachability. Examples from ConnectOne Bank and Sound Community Bank illustrate how institutions balance professionalism with local culture and branding efforts.
