ConnectOne Bancorp, Inc.CNOBEarnings & Financial Report
Citizens Republic Bancorp was a bank holding company for Citizens Bank, headquartered in Flint, Michigan. It merged with FirstMerit Bank in June 2013. It operated 219 branches and 248 ATMs in Michigan, Wisconsin, and Ohio. FirstMerit merged with Huntington Bancshares in 2016.
CNOB Q1 FY2026 Key Financial Metrics
Revenue
$115.6M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$37.8M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
32.7%
YoY Growth
N/A
EPS
$0.72
ConnectOne Bancorp, Inc. Q1 FY2026 Financial Summary
ConnectOne Bancorp, Inc. reported revenue of $115.6M for Q1 FY2026, with a net profit of $37.8M (up 86.8% YoY) (32.7% margin).
Key Financial Metrics
| Total Revenue | $115.6M |
|---|---|
| Net Profit | $37.8M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
ConnectOne Bancorp, Inc. Q1 FY2026 revenue of $115.6M breaks down across 2 segments, led by Net Interest Income at $108.8M (94.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Net Interest Income | $108.8M | 94.1% |
| Noninterest Income | $6.8M | 5.9% |
ConnectOne Bancorp, Inc. Annual Revenue by Year
ConnectOne Bancorp, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $388.3M).
ConnectOne Bancorp, Inc. Quarterly Revenue & Net Profit History
ConnectOne Bancorp, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $115.6M | — | $37.8M | 32.7% |
| Q4 FY2025 | $112.6M | +64.5% | N/A | N/A |
| Q3 FY2025 | $121.4M | +85.0% | $41.0M | 33.7% |
| Q2 FY2025 | $84.1M | +27.7% | $-20.3M | -24.1% |
| Q1 FY2025 | $70.2M | +9.4% | $20.2M | 28.8% |
| Q4 FY2024 | $68.5M | +3.7% | N/A | N/A |
| Q3 FY2024 | $65.6M | -0.4% | $17.2M | 26.2% |
| Q2 FY2024 | $65.8M | -2.1% | $19.1M | 28.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $65.8M | $65.6M | $68.5M | $70.2M | $84.1M | $121.4M | $112.6M | $115.6M |
| YoY Growth | -2.1% | -0.4% | 3.7% | 9.4% | 27.7% | 85.0% | 64.5% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $9.72B | $9.64B | $9.88B | $9.76B | $13.92B | $14.02B | $14.00B | $14.21B |
| Liabilities | $8.50B | $8.40B | $8.64B | $8.51B | $12.42B | $12.49B | $12.43B | $12.62B |
| Equity | $1.22B | $1.24B | $1.24B | $1.25B | $1.50B | $1.54B | $1.57B | $1.59B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $22.3M | $-14.4M | $60.7M | $14.9M | $6.5M | $37.4M | $106.4M |