Filing Flows › ConnectOne Bancorp (CNOB) › Q3 2026
ConnectOne Bancorp (CNOB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
ConnectOne Bancorp (CNOB) reported revenue of $103M for the third quarter 2026 (Q3 2026), -15% from a year earlier and -15% from the quarter before. Operating margin was 41.3%, net earnings $31.4M (30.5% of revenue).
ConnectOne Bancorp, Q3 2026: revenue $103M (-15% year over year), operating margin 41.3%, net earnings $31.4M, operating cash flow $85.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $103M | -15% | -15% |
| Operating profit | $42.4M | -27% | -26% |
| Net earnings | $31.4M | -25% | -23% |
| Operating cash flow | $85.4M | +148% | +129% |
| Free cash flow | $84.9M | +152% | +150% |
What changed
Revenue was $102.8M in Q3 2026, down 15% year over year and down 15% from the previous quarter.
Operating profit was $42.4M, a 41.3% margin (down 5.9 points year over year). Total costs fell 6% while revenue fell 15%. Net earnings were $31.4M, down 23% year over year. The effective tax rate was 26.0%.
Operating cash flow was $85.4M (up 129% year over year), 272% of net earnings. Non-cash charges added back $4.6M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $47.8M. Capital expenditures of $511K left free cash flow of $84.9M.
Questions
What was ConnectOne Bancorp's revenue in the third quarter 2026?
ConnectOne Bancorp (CNOB) reported revenue of $103M for the third quarter 2026 (Q3 2026), -15% from a year earlier and -15% from the quarter before.
Was ConnectOne Bancorp profitable in the third quarter 2026?
Operating profit was $42.4M (41.3% of revenue) and net earnings $31.4M.
Source: ConnectOne Bancorp 10-Q on SEC EDGAR.