ConnectOne: Q4 Earnings Snapshot
By AP News
Published - Jan 25, 2024, 07:33 AM ET
Last Updated - Jan 25, 2024, 07:33 AM EST
ENGLEWOOD CLIFFS, N.J. (AP) — ENGLEWOOD CLIFFS, N.J. (AP) — ConnectOne Bancorp Inc. (CNOB) on Thursday reported net income of $19.3 million in its fourth quarter.
The Englewood Cliffs, New Jersey-based bank said it had earnings of 46 cents per share. Earnings, adjusted for non-recurring costs, were 50 cents per share.
The holding company for ConnectOne Bank posted revenue of $133.2 million in the period. Its revenue net of interest expense was $66 million, topping Street forecasts.
For the year, the company reported profit of $87 million, or $2.07 per share. Revenue was reported as $269.1 million.
