CNOB FY 2025 Earnings Report — ConnectOne Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

ConnectOne Bancorp, Inc.CNOB

FY 2025 Earnings

Reported February 24, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$606M	—	$535M	—	13.4%
Op. Income	$113M	—	$98M	—	14.5%
Gross Margin	44.2%	—	46.8%	—	-2.6pp
Net Margin	13.3%	—	13.8%	—	-0.5pp
EPS (Diluted)	$1.48	—	$1.76	—	-15.9%
Free Cash Flow	$101M	—	$57M	—	77.5%

Revenue Flow

Item	Amount
REVENUE	$606M
Cost of Revenue	$339M
GROSS PROFIT	$268M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$128M
SG&A Expenses	$128M
Other Expenses	$27M
Operating Expenses	$155M
Cost & Expenses	$494M
OPERATING INCOME	$113M
Interest Income	$645M
Interest Expense	$292M
Other Income/Expenses	$0
INCOME BEFORE TAX	$113M
Income Tax Expense	$32M
Net Income from Continuing Ops	$80M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$80M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$74M
D&A	$0
EBIT	$113M
EBITDA	$113M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$606M
Cost of Revenue	$339M
GROSS PROFIT	$268M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$128M
SG&A Expenses	$128M
Other Expenses	$27M
Operating Expenses	$155M
Cost & Expenses	$494M
OPERATING INCOME	$113M
Interest Income	$645M
Interest Expense	$292M
Other Income/Expenses	$0
INCOME BEFORE TAX	$113M
Income Tax Expense	$32M
Net Income from Continuing Ops	$80M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$80M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$74M
D&A	$0
EBIT	$113M
EBITDA	$113M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$80M
Depreciation & Amortization	$14M
Stock-Based Compensation	$5M
Deferred Income Tax	-$3M
Other Non-Cash Items	$15M
Change in Working Capital	-$5M
OPERATING CASH FLOW	$106M
Capital Expenditure	-$5M
Acquisitions (Net)	$55M
Purchases of Investments	-$443M
Sales/Maturities of Investments	$444M
Other Investing Activities	-$236M
NET CASH FROM INVESTING	-$186M
Net Debt Issuance	-$20M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$32M
Other Financing Activities	$164M
NET CASH FROM FINANCING	$104M
FREE CASH FLOW	$101M
Net Change in Cash	$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$92M
Short-Term Investments	$1.3B
Net Receivables	$11.4B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$12.7B
PP&E (Net)	$85M
Goodwill	$220M
Intangible Assets	$60M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$365M
TOTAL ASSETS	$14.0B
Account Payables	$0
Short-Term Debt	$32M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$32M
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$11.3B
TOTAL NON-CURRENT LIABILITIES	$12.4B
TOTAL LIABILITIES	$12.4B
Common Stock	$858M
Additional Paid-In Capital	$39M
Retained Earnings	$674M
Treasury Stock	-$76M
Accum. Other Comp. Income	-$32M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$0
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$14.0B
Total Debt	$1.2B
Net Debt	$1.1B