ConnectOne Bancorp (CNOB) Operating Expenses (2010 - 2026)
ConnectOne Bancorp's (CNOB) quarterly Operating Expenses came in at $55.4 million in Q2 2026, down 24.76% on a YoY basis from $73.6 million in Q2 2025, and down 4.24% quarter-over-quarter from $57.9 million in Q1 2026.
Analysis
ConnectOne Bancorp (CNOB) Operating Expenses (2010 - 2026) Analysis & Trends
ConnectOne Bancorp (CNOB) has reported Operating Expenses for 15 consecutive years, with $55.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 24.76% year-over-year to $55.4 million; the trailing twelve-month figure through Jun 2026 stood at $228.9 million (up 20.42% YoY), and the FY2025 full-year result was $228.6 million, up 50.58% from the prior year.
- Operating Expenses declined to $55.4 million in Q2 2026 per CNOB's latest filing, from $57.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $73.6 million in Q2 2025 and bottomed at $29.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $42.4 million across 5 years, with a median of $37.7 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 95.91% in 2025, then declined 24.76% in 2026.
- Over 5 years, Operating Expenses stood at $33.3 million in 2022, then gained by 13.61% to $37.8 million in 2023, then rose by 1.73% to $38.5 million in 2024, then soared by 47.92% to $56.9 million in 2025, then slipped by 2.69% to $55.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $55.4 million, $57.9 million, and $56.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | ConnectOne Bancorp | 1.59 Bn | 366.63 Mn | - | 55.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.42 Mn |
| 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 |