ConnectOne Bancorp Q3 net income falls 23% year over year to $31.4 million
- 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.
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: 202610220700PRIMZONEFULLFEED9850929) on October 22, 2026, and is solely responsible for the information contained therein.