ConnectOne Bancorp, Inc. Reports Second Quarter 2026 Results

Key Takeaways:

• Sequential loan growth reaches 5%
• Core deposit growth stands at 8%
• Net interest margin widens to 3.42%
• Tangible book value per share increases
• Common and preferred dividends declared

Second Quarter Highlights

ConnectOne Bancorp, Inc. revealed its second quarter 2026 results, demonstrating resilient operating performance and an upward trend in core banking metrics. The company’s internal strategy focused on both lending and fostering a strong deposit base, which contributed to impressive year-over-year achievements.

Accelerating Loan Growth

One of the most notable points of the quarter was the “sequential loan growth of 5%.” This expansion underscores ConnectOne Bancorp’s robust underwriting and client acquisition efforts. With a focus on sustained, conservative growth, the bank continues to diversify its lending portfolio.

Deposit Base Expansion

ConnectOne Bancorp noted an “8%” growth in core deposits. This elevated deposit figure gives the institution a stronger base for future lending opportunities and underscores clients’ confidence in the bank. Stable deposits are a cornerstone for banking operations, providing the liquidity needed to support further expansion.

Widening Net Interest Margin

During the second quarter, the bank’s “net interest margin” rose to “3.42%.” A higher net interest margin suggests improved profitability and indicates that ConnectOne Bancorp has been successful in managing both the asset and liability sides of its balance sheet. This margin increase reflects the bank’s disciplined approach to interest rate dynamics.

Shareholder Value

ConnectOne Bancorp highlighted that its “tangible book value per share increases,” which signals growth in fundamental equity values and is a positive indicator for long-term investors. Complementing this increase, the company declared both common and preferred dividends per share. These moves underscore ConnectOne Bancorp’s ongoing commitment to returning capital to its shareholders while preserving the flexibility to invest in strategic initiatives.

Looking Ahead

With loan and deposit growth steady, ConnectOne Bancorp appears poised for continued progress in the evolving banking landscape. Its focus on strong customer relationships, prudent financial strategies, and delivering consistent returns to shareholders forms the bedrock of its ongoing success.