CNOB

HTO and CNOB made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 5, 2026.

ConnectOne agreed to sell $750 million in non-relationship multifamily loans. Client deposits grew at an annualized pace of 11% sequentially.

ConnectOne Bancorp executed a major multifamily loan sale, removing a key risk overhang and materially improving its credit profile. Q3 core earnings beat estimates, with NIM expansion and strong deposit growth supporting ongoing profitability and a margin outlook. The transaction drops CRE concentration below regulatory thresholds and reduces rent-stabilized exposure to just 2% of assets.

ConnectOne Bancorp NASDAQ: CNOB said its third-quarter operating performance improved as it advanced a balance-sheet restructuring centered on the planned sale of up to approximately $750 million of performing, non-relationship multifamily loans.

The headline numbers for ConnectOne (CNOB) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ConnectOne Bancorp (CNOB) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.7 per share a year ago.

ConnectOne (CNOB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ConnectOne Bancorp trades at a discounted 0.99x P/B and 9.2x forward P/E, reflecting market caution over commercial real estate risk. CNOB's Q2 results show strong operating performance: 3.42% net interest margin, 42.7% efficiency ratio, and robust deposit and loan growth. Management is actively reducing CRE exposure, shifting lending toward business and SBA loans to diversify risk and improve capital efficiency.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ConnectOne (CNOB) have what it takes?

ConnectOne (CNOB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.