---
title: "Connectone Bancorp Pref Share CNOBP 5.25 Perp 09/01/26 | 10-Q: FY2025 Q1 Revenue: USD 124.79 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238612673.md"
datetime: "2025-05-02T20:05:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238612673.md)
  - [en](https://longbridge.com/en/news/238612673.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238612673.md)
generator: "portal-rs"
---

# Connectone Bancorp Pref Share CNOBP 5.25 Perp 09/01/26 | 10-Q: FY2025 Q1 Revenue: USD 124.79 M

Revenue: As of FY2025 Q1, the actual value is USD 124.79 M.

EPS: As of FY2025 Q1, the actual value is USD 0.49.

EBIT: As of FY2025 Q1, the actual value is USD 27.4 M.

### Segment Revenue

-   **Interest Income**: $124,789 thousand for the three months ended March 31, 2025, compared to $129,607 thousand for the same period in 2024.
-   **Noninterest Income**: $4,451 thousand for the three months ended March 31, 2025, compared to $3,848 thousand for the same period in 2024.

### Operational Metrics

-   **Net Income**: $20,242 thousand for the three months ended March 31, 2025, compared to $17,205 thousand for the same period in 2024.
-   **Net Interest Income**: $65,756 thousand for the three months ended March 31, 2025, compared to $60,300 thousand for the same period in 2024.
-   **Provision for Credit Losses**: $3,500 thousand for the three months ended March 31, 2025, compared to $4,000 thousand for the same period in 2024.
-   **Noninterest Expenses**: $39,305 thousand for the three months ended March 31, 2025, compared to $37,065 thousand for the same period in 2024.

### Cash Flow

-   **Net Cash Provided by Operating Activities**: $14,891 thousand for the three months ended March 31, 2025, compared to $20,522 thousand for the same period in 2024.
-   **Net Cash Provided by Investing Activities**: $59,175 thousand for the three months ended March 31, 2025, compared to $33,073 thousand for the same period in 2024.
-   **Net Cash Used in Financing Activities**: -$137,951 thousand for the three months ended March 31, 2025, compared to -$18,726 thousand for the same period in 2024.

### Unique Metrics

-   **Net Charge-offs**: $3,400 thousand for the three months ended March 31, 2025, compared to $3,162 thousand for the same period in 2024.
-   **Allowance for Credit Losses**: $82,403 thousand as of March 31, 2025, compared to $82,685 thousand as of December 31, 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue its merger with The First of Long Island Corporation, which is expected to enhance its market presence and operational scale.
-   **Non-Core Business**: The company is not currently focusing on non-core business divestitures or exploratory efforts.

### Priority

-   The company emphasizes maintaining a strong allowance for credit losses and managing asset quality through diversification and rigorous review processes.

### Related Stocks

- [CNOBP.US](https://longbridge.com/en/quote/CNOBP.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**