ConnectOne Bancorp (CNOB) Tax Provisions (2010 - 2026)
ConnectOne Bancorp's (CNOB) quarterly Tax Provisions came in at $16.2 million in Q2 2026, up 424.42% on a YoY basis from $3.1 million in Q2 2025, and up 10.01% quarter-over-quarter from $14.7 million in Q1 2026.
Analysis
ConnectOne Bancorp (CNOB) Tax Provisions (2010 - 2026) Analysis & Trends
ConnectOne Bancorp (CNOB) has reported Tax Provisions for 17 consecutive years, with $16.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 424.42% year-over-year to $16.2 million; the trailing twelve-month figure through Jun 2026 stood at $61.0 million (up 327.3% YoY), and the FY2025 full-year result was $35.1 million, up 31.29% from the prior year.
- Tax Provisions grew to $16.2 million in Q2 2026 per CNOB's latest filing, from $14.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $16.3 million in Q3 2025 and bottomed at -$5.0 million in Q2 2025.
- Historically, Tax Provisions has averaged $9.1 million across 5 years, with a median of $8.3 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Provisions slumped 174.58% in 2025, then soared 424.42% in 2026.
- Over 5 years, Tax Provisions stood at $12.3 million in 2022, then plunged by 49.68% to $6.2 million in 2023, then fell by 2.04% to $6.1 million in 2024, then soared by 127.59% to $13.9 million in 2025, then grew by 16.83% to $16.2 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $16.2 million, $14.7 million, and $13.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 148.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 219.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 139.00 Mn |
| 10 | ConnectOne Bancorp | 1.59 Bn | 366.63 Mn | - | 16.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.18 Mn |
| Mar 31, 2026 | 14.71 Mn |
| Dec 31, 2025 | 13.85 Mn |
| Sep 30, 2025 | 16.28 Mn |
| Jun 30, 2025 | -4.99 Mn |
| Mar 31, 2025 | 7.16 Mn |
| Dec 31, 2024 | 6.09 Mn |
| Sep 30, 2024 | 6.02 Mn |
| Jun 30, 2024 | 6.69 Mn |
| Mar 31, 2024 | 5.88 Mn |
| Dec 31, 2023 | 6.21 Mn |
| Sep 30, 2023 | 7.23 Mn |
| Jun 30, 2023 | 7.44 Mn |
| Mar 31, 2023 | 9.08 Mn |
| Dec 31, 2022 | 12.35 Mn |
| Sep 30, 2022 | 10.43 Mn |
| Jun 30, 2022 | 11.89 Mn |
| Mar 31, 2022 | 11.35 Mn |
| Dec 31, 2021 | 12.30 Mn |
| Sep 30, 2021 | 10.88 Mn |