CNOB - ConnectOne Bancorp GAAP EPS of $0.59 misses by $0.13 revenue of $69.88M misses by $6.72M
2023-04-27 07:35:33 ET
- ConnectOne Bancorp press release ( NASDAQ: CNOB ): Q1 GAAP EPS of $0.59 misses by $0.13 .
- Revenue of $69.88M (-4.8% Y/Y) misses by $6.72M .
- The Company’s total assets were $9,960.5 million as of March 31, 2023, an increase of $315.5 million from December 31, 2022.
- The increase in total assets was primarily due to increased cash and cash equivalents which were $562.4 million, an increase of $294.1 million from December 31, 2022.
- Loans receivable were $8.1 billion, an increase of $32.4 million from December 31, 2022.
- Total deposits were $7.8 billion, an increase of $396.6 million from December 31, 2022.
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ConnectOne Bancorp GAAP EPS of $0.59 misses by $0.13, revenue of $69.88M misses by $6.72M