ConnectOne Bancorp (CNOB) financial statements
ConnectOne Bancorp reported revenue of $388M in fiscal 2025, up 12.0% a year over 9 years.
Net income was $80M.
Free cash flow was $101M, and the company returned $32M in dividends.
The diluted share count rose 15% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ConnectOne Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $140M | $153M | $163M | $194M | $252M | $279M | $315M | $269M | $264M | $388M |
| Interest expense | $31M | $36M | $59M | $85M | $70M | $39M | $72M | $235M | — | — |
| Pre-tax income | $43M | $69M | $71M | $94M | $90M | $175M | $171M | $117M | $98M | $113M |
| Income tax | $12M | $25M | $11M | $21M | $19M | $45M | $46M | $30M | $25M | $32M |
| Net income | $31M | $43M | $60M | $73M | $71M | $130M | $125M | $87M | $74M | $80M |
| EPS (diluted) | $1.01 | $1.34 | $1.86 | $2.07 | $1.79 | $3.22 | $3.01 | $2.07 | $1.76 | $1.63 |
| Diluted shares | — | — | — | — | 40M | 40M | 39M | 39M | 38M | 45M |
| Net margin | 22.2% | 28.2% | 37.1% | 37.8% | 28.2% | 46.8% | 39.7% | 32.3% | 27.9% | 20.7% |
Balance sheet
Fiscal years, from ConnectOne Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $200M | $150M | $172M | $201M | $304M | $266M | $268M | $243M | $356M | $381M |
| Property, plant and equipment | $22M | $22M | $19M | $19M | $30M | $29M | $28M | $31M | $28M | $55M |
| Goodwill | $146M | $146M | $146M | $163M | $208M | $208M | $208M | $208M | $208M | $220M |
| Total assets | $4.4B | $5.1B | $5.5B | $6.2B | $7.5B | $8.1B | $9.6B | $9.9B | $9.9B | $14.0B |
| Total liabilities | $3.9B | $4.5B | $4.8B | $5.4B | $6.6B | $7.0B | $8.5B | $8.6B | $8.6B | $12.4B |
| Shareholders' equity | $531M | $565M | $614M | $731M | $915M | $1.1B | $1.2B | $1.2B | $1.2B | $1.6B |
| Net debt | -$200M | -$150M | -$172M | -$201M | -$304M | -$266M | -$268M | -$243M | -$356M | -$381M |
Cash flow
Fiscal years, from ConnectOne Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $50M | $131M | $89M | $61M | $81M | $202M | $177M | $93M | $61M | $106M |
| Capital spending | $3M | $3M | $2M | $2M | $2M | $3M | $3M | $7M | $4M | $5M |
| Free cash flow | $47M | $128M | $87M | $59M | $79M | $199M | $173M | $85M | $57M | $101M |
| Stock-based compensation | $2M | $2M | $2M | $3M | $3M | $5M | $5M | $5M | $5M | $5M |
| Dividends paid | $9M | $10M | $10M | $12M | $14M | $17M | $23M | $26M | $27M | $32M |
| Share buybacks (net) | — | -$180,000 | — | — | -$911,000 | -$9M | -$13M | -$17M | -$6M | $0 |
| Net borrowing | -$15M | -$4M | -$4M | -$7M | -$37M | -$9M | — | — | — | — |
| Free cash flow margin | 33.6% | 83.8% | 53.5% | 30.4% | 31.3% | 71.6% | 55.0% | 31.8% | 21.6% | 26.0% |
| Dividends per share | — | — | — | — | $0.36 | $0.44 | $0.59 | $0.67 | $0.71 | $0.70 |
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Open CNOB in InvestinglyQuestions
What was ConnectOne Bancorp's revenue in 2025?
$388M in fiscal 2025, from its 10-K filing.
How much free cash flow does ConnectOne Bancorp generate?
$101M in fiscal 2025 (operating cash flow minus capital spending).
From ConnectOne Bancorp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.