ConnectOne Bancorp (CNOB) Provisions (2010 - 2026)
ConnectOne Bancorp's (CNOB) quarterly Provisions came in at $8.3 million in Q2 2026, down 76.75% on a YoY basis from $35.7 million in Q2 2025, and up 47.77% quarter-over-quarter from $5.6 million in Q1 2026.
Analysis
ConnectOne Bancorp (CNOB) Provisions (2010 - 2026) Analysis & Trends
ConnectOne Bancorp (CNOB) has reported Provisions for 17 consecutive years, with $8.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Provisions fell 76.75% year-over-year to $8.3 million; the trailing twelve-month figure through Jun 2026 stood at $21.7 million (down 53.3% YoY), and the FY2025 full-year result was $47.0 million, up 236.1% from the prior year.
- Provisions improved to $8.3 million in Q2 2026 per CNOB's latest filing, from $5.6 million in the prior quarter.
- Across five years, Provisions topped out at $35.7 million in Q2 2025 and bottomed at $1.0 million in Q1 2023.
- Historically, Provisions has averaged $5.6 million across 5 years, with a median of $3.4 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Provisions plunged 85.0% in 2023, then surged 1328.0% in 2025.
- Over 5 years, Provisions stood at $3.3 million in 2022, then fell by 18.18% to $2.7 million in 2023, then grew by 29.63% to $3.5 million in 2024, then tumbled by 34.29% to $2.3 million in 2025, then surged by 260.87% to $8.3 million in 2026.
- According to Business Quant data, Provisions over the past three periods registered $8.3 million, $5.6 million, and $2.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 395.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 131.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 120.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 132.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 146.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 68.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | -10.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 111.00 Mn |
| 10 | ConnectOne Bancorp | 1.59 Bn | 366.63 Mn | - | 8.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.30 Mn |
| Mar 31, 2026 | 5.62 Mn |
| Dec 31, 2025 | 2.30 Mn |
| Sep 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 35.70 Mn |
| Mar 31, 2025 | 3.50 Mn |
| Dec 31, 2024 | 3.50 Mn |
| Sep 30, 2024 | 3.80 Mn |
| Jun 30, 2024 | 2.50 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 2.70 Mn |
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Mar 31, 2023 | 1.00 Mn |
| Dec 31, 2022 | 3.30 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 1.45 Mn |
| Dec 31, 2021 | 815,000.00 |
| Sep 30, 2021 | 1.10 Mn |