ConnectOne Bancorp, Inc.

ConnectOne Bancorp is the bank holding company for ConnectOne Bank, providing commercial banking products and services primarily to small and mid-sized businesses, local professionals, and individuals in the United States. The company offers a range of deposit products including personal and business checking, money market, time and savings accounts, as well as credit cards, wire transfers, safe deposit boxes, and automated teller services. It also provides internet and mobile banking, retirement accounts, and cash management services for business clients such as treasury direct, automated clearing house origination, remote deposit capture, and digital invoicing. On the lending side, ConnectOne offers consumer and commercial loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, personal loans, and loans secured by business assets or real estate. Its loan portfolio also includes residential mortgages on 1-4 family properties, condominiums, and cooperative housing.

ConnectOne Bancorp is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CNOB. The company operates in the United States and its financial reporting is conducted in US Dollars (USD). As a US-based regional bank holding company, all its transactions, assets, and liabilities are denominated in USD, which is the standard currency for companies listed on US exchanges. Investors trading CNOB shares on Nasdaq will transact in US Dollars.

ConnectOne Bancorp operates in the Financial Services sector and is classified under the Banks - Regional industry. This means it is a regional bank, focusing on providing banking services to local communities, small and mid-sized businesses, and individuals within specific geographic areas. Regional banks like ConnectOne typically offer a mix of retail and commercial banking products, including deposits, loans, and cash management services, and they play a key role in supporting local economies. Unlike large national banks, regional banks often emphasize personalized service and local decision-making.

ConnectOne Bancorp is headquartered in Englewood Cliffs, New Jersey, United States. The company serves customers primarily in the United States, focusing on small and mid-sized businesses, local professionals, and individuals. As a regional bank, its operations are concentrated in the US market, particularly in areas where it has a physical presence. The bank was originally incorporated in 1982 and was formerly known as Center Bancorp, Inc. before rebranding to ConnectOne Bancorp in July 2014. Its headquarters location in New Jersey places it in a densely populated and economically active region, allowing it to serve a diverse client base.

ConnectOne Bancorp generates revenue primarily through net interest income from its lending and deposit activities. The company offers a variety of loan products, including commercial loans secured by business assets such as accounts receivable, inventory, and equipment, as well as mortgages on commercial and residential real estate. It also provides real estate loans secured by first liens on completed commercial properties, including multifamily properties. Additionally, ConnectOne earns fee income from deposit services, cash management solutions, and other banking services. Its deposit base includes personal and business checking, money market, and savings accounts, which provide low-cost funding for its loan portfolio. The company also offers credit cards, wire transfers, safe deposit boxes, and digital banking services that generate non-interest income. By serving small to mid-sized businesses and individuals, ConnectOne focuses on relationship banking to drive customer loyalty and recurring revenue.