ConnectOne Bancorp Q3 net income falls 23% year over year to $31.4 million
Bitget2026/10/22 11:09- ConnectOne Bancorp’s third-quarter 2026 net income available to common stockholders fell 24% year-over-year to $29.89 million.
- Net interest income rose 15% year-over-year to $117.3 million, while noninterest income swung to a $14.5 million loss.
- Results included a $23.03 million pretax loss related to the balance sheet restructuring.
- An agreement to sell up to approximately $750 million of non-relationship multifamily loans is expected to close in late October 2026.
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