ConnectOne Q1 FY26 net income rises to $36.3 million; net interest margin widens to 3.39%

• ConnectOne Bancorp posted first-quarter net income available to common shareholders of $36.3 million, with diluted EPS of $0.72.
• Net interest income rose 2.1% to $110 million as net interest margin widened 12 basis points to 3.39%.
• Provision for credit losses climbed to $5.2 million, driven by higher loan growth and increased qualitative factors.
• Loans receivable increased to $11.7 billion while deposits grew to $11.5 billion, both up at an annualized rate of about 10% sequentially.
• Board lifted quarterly common dividend 8.3% to $0.195 per share; management expects accelerating loan yields to support further net interest margin expansion even without additional rate cuts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConnectOne Bancorp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604230700PRIMZONEFULLFEED9695548) on April 23, 2026, and is solely responsible for the information contained therein.