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ConnectOne (CNOB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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ConnectOne Bancorp (CNOB - Free Report) reported $125.83 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 3.6%. EPS of $0.95 for the same period compares to $0.70 a year ago.
The reported revenue represents a surprise of +0.66% over the Zacks Consensus Estimate of $125 million. With the consensus EPS estimate being $0.85, the EPS surprise was +11.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how ConnectOne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin (non-GAAP): 3.4% versus 3.5% estimated by three analysts on average.
Efficiency Ratio (non-GAAP): 41.3% versus the three-analyst average estimate of 44.8%.
Average Balance - Total interest-earning assets: $13.69 billion compared to the $13.61 billion average estimate based on three analysts.
Net loan charge-offs as a % of average loans receivable (annualized): 0.1% versus the two-analyst average estimate of 0.3%.
Total Noninterest Income: $8.53 million versus $7.46 million estimated by three analysts on average.
Net gains on sale of loans held-for-sale: $1.2 million versus $0.95 million estimated by two analysts on average.
Net Interest Income (tax equivalent basis): $118.54 million versus $119.06 million estimated by two analysts on average.
Net Interest Income: $117.3 million versus the two-analyst average estimate of $117.31 million.
Income on bank owned life insurance: $4.14 million versus $3.02 million estimated by two analysts on average.
Deposit, loan and other income: $3.35 million versus $3.18 million estimated by two analysts on average.
Shares of ConnectOne have returned +1.3% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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ConnectOne (CNOB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ConnectOne Bancorp (CNOB - Free Report) reported $125.83 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 3.6%. EPS of $0.95 for the same period compares to $0.70 a year ago.
The reported revenue represents a surprise of +0.66% over the Zacks Consensus Estimate of $125 million. With the consensus EPS estimate being $0.85, the EPS surprise was +11.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how ConnectOne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for ConnectOne here>>>
Shares of ConnectOne have returned +1.3% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.