ConnectOne Bancorp, Inc. (FRA:CBM)

ConnectOne Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	485.29	477.86	453.99	352.99	293.55	296.61
Interest Income on Investments	43.8	40.03	36.07	20.75	8.19	11.59
Total Interest Income	529.09	517.89	490.07	373.75	301.74	308.2
Interest Paid on Deposits	236.58	244.85	206.18	50.56	24.77	52.39
Interest Paid on Borrowings	22.27	25.71	28.78	21.07	14.09	17.82
Total Interest Expense	258.86	270.55	234.96	71.63	38.86	70.21
Net Interest Income	270.24	247.34	255.11	302.12	262.88	237.99
Net Interest Income Growth (YoY)	9.89%	-3.04%	-15.56%	14.93%	10.46%	27.73%
Gain (Loss) on Sale of Assets	-	-	-	-	0.67	-
Gain (Loss) on Sale of Investments	1	0	-0.12	-1.52	-0.18	0.23
Other Non-Interest Income	7.47	7.14	6.32	5.6	4.77	5.01
Total Non-Interest Income	18.12	16.73	14	13.24	15.69	14.4
Non-Interest Income Growth (YoY)	13.10%	19.48%	5.72%	-15.60%	8.96%	79.22%
Revenues Before Loan Losses	288.35	264.07	269.11	315.36	278.57	252.39
Provision for Loan Losses	46.5	13.8	8.2	17.75	-5.5	41
Revenue	241.85	250.27	260.91	297.61	284.07	211.39
Revenue Growth (YoY)	-3.73%	-4.08%	-12.33%	4.77%	34.38%	13.50%
Salaries and Employee Benefits	88.44	85.49	83.36	75.83	59.54	55.81
Occupancy Expenses	8.37	8.12	10.88	9.87	11.64	13.88
Federal Deposit Insurance	7.4	7.2	8.37	2.88	2.67	4
Amortization of Goodwill & Intangibles	2.12	1.24	1.44	1.69	1.98	2.56
Selling, General & Administrative	38.58	36.51	28.71	25.74	25.41	17.54
Other Non-Interest Expense	10.71	11.17	11.19	8.87	7.78	10.24
Total Non-Interest Expense	155.95	149.72	143.95	124.87	109.01	104.03
EBT Excluding Unusual Items	85.91	100.55	116.96	172.74	175.06	107.36
Other Unusual Items	-	-	-	-1.52	-	-2.33
Pretax Income	51.76	98.47	116.96	171.22	175.06	90.39
Income Tax Expense	14.28	24.67	29.96	46.01	44.71	19.1
Net Income	37.48	73.79	87	125.21	130.35	71.29
Preferred Dividends & Other Adjustments	6.22	6.22	6.25	6.32	2.03	0.36
Net Income to Common	31.26	67.57	80.75	118.89	128.32	70.93
Net Income Growth	-51.29%	-15.18%	-30.51%	-3.94%	82.85%	-2.87%
Basic Shares Outstanding	38	38	39	39	40	40
Diluted Shares Outstanding	38	38	39	39	40	40
Shares Change (YoY)	-0.66%	-1.23%	-1.30%	-1.03%	0.61%	12.33%
EPS (Basic)	0.82	1.77	2.08	3.03	3.24	1.80
EPS (Diluted)	0.82	1.76	2.07	3.01	3.22	1.79
EPS Growth	-55.45%	-14.98%	-31.23%	-6.52%	79.89%	-13.53%
Dividend Per Share	0.720	0.720	0.680	0.620	0.480	0.360
Dividend Growth	2.86%	5.88%	9.68%	29.17%	33.33%	-
Effective Tax Rate	27.59%	25.06%	25.61%	26.87%	25.54%	21.13%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.