ConnectOne Bancorp (CNOB) Q3 FY26 earnings call

ConnectOne Bancorp delivered strong core operating performance in Q3 FY26, marked by significant deposit growth and continued net interest margin expansion. The quarter's key strategic move was the definitive agreement to sell $750 million in non-relationship multifamily loans, repositioning the balance sheet for enhanced liquidity and capital flexibility, despite incurring a one-time charge. Management is focused on relationship-based banking and improving efficiency.