ConnectOne Bancorp (CNOB) Operating Expenses (2010 - 2026)
ConnectOne Bancorp (CNOB) reported Operating Expenses of $57.9 million for Q1 2026, up 47.23% on a YoY basis from $39.3 million in Q1 2025, and up 1.62% quarter-over-quarter from $56.9 million in Q4 2025.
ConnectOne Bancorp (CNOB) Operating Expenses (2010 - 2026) Analysis & Trends
ConnectOne Bancorp has reported Operating Expenses for 15 years, with the latest figure at $57.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 47.23% year-over-year to $57.9 million; the trailing twelve-month figure through Mar 2026 stood at $247.1 million (up 60.44% YoY), and the FY2025 full-year result was $228.6 million, up 50.58% from the prior year.
- Operating Expenses for Q1 2026 stood at $57.9 million, up from $56.9 million in the prior quarter.
- The five-year high for Operating Expenses was $73.6 million in Q2 2025, with the low at $29.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $41.7 million across 5 years, with a median of $37.6 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses gained 1.73% — and 2025, when it soared 95.91%.
- ConnectOne Bancorp's Operating Expenses stood at $33.3 million in 2022, then increased by 13.61% to $37.8 million in 2023, then grew by 1.73% to $38.5 million in 2024, then jumped by 47.92% to $56.9 million in 2025, then advanced by 1.62% to $57.9 million in 2026.
- The last three Operating Expenses figures came in at $57.9 million (Q1 2026), $56.9 million (Q4 2025), and $58.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | ConnectOne Bancorp | 1.64 Bn | 1.63 Bn | - | 57.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.87 Mn |
| Dec 31, 2025 | 56.95 Mn |
| Sep 30, 2025 | 58.67 Mn |
| Jun 30, 2025 | 73.65 Mn |
| Mar 31, 2025 | 39.31 Mn |
| Dec 31, 2024 | 38.50 Mn |
| Sep 30, 2024 | 38.64 Mn |
| Jun 30, 2024 | 37.59 Mn |
| Mar 31, 2024 | 37.07 Mn |
| Dec 31, 2023 | 37.85 Mn |
| Sep 30, 2023 | 35.78 Mn |
| Jun 30, 2023 | 35.45 Mn |
| Mar 31, 2023 | 34.87 Mn |
| Dec 31, 2022 | 33.31 Mn |
| Sep 30, 2022 | 32.14 Mn |
| Jun 30, 2022 | 31.70 Mn |
| Mar 31, 2022 | 29.23 Mn |
| Dec 31, 2021 | 28.08 Mn |
| Sep 30, 2021 | 28.18 Mn |
| Jun 30, 2021 | 26.26 Mn |