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CNOBBearishEarningsnews
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ConnectOne (CNOB) Reports Q1 Earnings: What Key Metrics Have to Say

Apr 25, 2024, 11:02 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- ConnectOne Bancorp's revenue for March 2024 was $64.15 million, down 8.2% YoY. - EPS for the same period was $0.41, below the year-ago quarter's $0.59. - Operating metrics like Efficiency Ratio and Net Interest Margin showed mixed performance. - Stock returns at +1.9% over a month, with a Zacks Rank #4 (Sell). - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings

  • ConnectOne Bancorp's revenue for March 2024 was $64.15 million, down 8.2% YoY.
  • EPS for the same period was $0.41, below the year-ago quarter's $0.59.
  • Operating metrics like Efficiency Ratio and Net Interest Margin showed mixed performance.
  • Stock returns at +1.9% over a month, with a Zacks Rank #4 (Sell).

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