ConnectOne Bancorp, Inc. (Nasdaq: CNOB) is set to announce its third-quarter results for the period ending September 30, 2024, before the market opens on October 24, 2024. The company’s financial performance and operating results will be reviewed during a conference call and audio webcast at 10:00 a.m. ET on the same day.
ConnectOne Bancorp, Inc. is a modern financial services company operating through its subsidiary, ConnectOne Bank, and the Bank’s fintech subsidiary, BoeFly, Inc. ConnectOne Bank is a high-performing commercial bank offering a full suite of banking and lending products and services focusing on small to middle-market businesses, while BoeFly, Inc. is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks.
In the previous quarter, ConnectOne Bancorp, Inc. reported total assets of $7.8 billion, representing a 10% increase compared to the same period in the previous year. The company's total loans amounted to $6.1 billion, marking a 9% year-over-year growth. Additionally, total deposits stood at $6.5 billion, reflecting a 10% increase from the previous year.
ConnectOne Bancorp, Inc. will host the conference call, which will be led by Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns. The call can be accessed by dialing 1 (646) 307-1963, access code 5504182, and an audio webcast will be available for public access via the "Investor Relations" link on the company's website or at the specified web address.
Following the conference call, a replay will be available from October 24, 2024, until October 31, 2024, accessible by dialing 1 (609) 800-9909, access code 5504182. An online archive of the webcast will also be available after the completion of the conference call.
Investors and analysts will be keenly awaiting the release of ConnectOne Bancorp, Inc.'s third-quarter results to assess the company's financial performance and operational metrics as it continues to navigate the dynamic financial services landscape. The market has reacted to these announcements by moving the company's shares -1.5% to a price of $24.58. For more information, read the company's full 8-K submission here.