follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

ConnectOne Bancorp reports first quarter results

By

Back to Top Comments Email Print

Latest News

advertisement

Englewood Cliffs-based ConnectOne Bancorp Inc., parent company of ConnectOne Bank, announced Thursday its net income of $2.6 million, or 5o cents per diluted share, for the first quarter of 2014.

According to the announcement, last year’s net income was $2.3 million, or 56 cents per diluted share.

Frank Sorrentino III, chairman and CEO of ConnectOne, said in a press release, “We are extremely pleased with our first quarter 2014 financial performance.  During the quarter, the company’s loan portfolio grew by $93.5 million, reflecting a 32 percent annualized growth rate.  Net income, excluding merger-related expenses, increased sequentially, by 15.3 percent over the fourth quarter of 2013.”

ALSO ON NJBIZ:

Mack-Cali sells Wyndham's Parsippany headquarters in $97M deal

Jersey companies honored as best in the nation for diversity

Free market health care: Paying cash for medical services

Share This Story On:
Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top