ConnectOne Bancorp (CNOB) Operating Expenses (2010 - 2026)
ConnectOne Bancorp (CNOB) posted quarterly Operating Expenses of $57.9 million for Q1 2026, up 47.23% year-over-year 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's Operating Expenses history runs 15 years deep, the most recent figure standing at $57.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 47.23% year-over-year to $57.9 million; the TTM figure through Mar 2026 stood at $247.1 million (up 60.44% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $37.6 million (2024), against an average of $41.7 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses rose 1.73% in 2024, then surged 95.91% in 2025.
- 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.
- Business Quant data shows CNOB's Operating Expenses at $57.9 million in Q1 2026, $56.9 million in Q4 2025, and $58.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.11 Bn |
| 10 | ConnectOne Bancorp | 1.62 Bn | 395.50 Mn | - | 55.42 Mn |
Historic Data
Download 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 |