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ConnectOne: 2Q Earnings Snapshot

July 25, 2019

ENGLEWOOD CLIFFS, N.J. (AP) _ ConnectOne Bancorp Inc. (CNOB) on Thursday reported second-quarter profit of $19.3 million.

The Englewood Cliffs, New Jersey-based bank said it had earnings of 54 cents per share. Earnings, adjusted for non-recurring costs, came to 57 cents per share.

The holding company for ConnectOne Bank posted revenue of $69.8 million in the period. Its revenue net of interest expense was $47.5 million, missing Street forecasts.

ConnectOne shares have increased 26% since the beginning of the year. The stock has decreased nearly 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNOB at https://www.zacks.com/ap/CNOB

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