ConnectOne Bancorp Inc
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
CNOB$33.02+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Other · Total | |||||||
| Additional Paid · Retained · Comprehensive · Stockholders’ | |||||||
| Preferred Stock | Common Stock | In Capital | Earnings | Treasury Stock | Income (Loss) | Equity | |
| (in thousands, except share and per share data) | |||||||
| Balance as of January 1, 2022 | $110,927 | $586,946 | $27,246 | $440,169 | $(39,672) | $(1,404) | $1,124,212 |
| Net income | - | - | - | 125,211 | - | - | 125,211 |
| Other comprehensive loss, net of tax | - | - | - | - | - | (30,960) | (30,960) |
| Cash dividends declared on preferred stock ($1.3125 per share) | - | - | - | (6,037) | - | - | (6,037) |
| Cash dividends declared on common stock ($0.595 per share) | - | - | - | (23,428) | - | - | (23,428) |
| Exercise of stock options (15,086 shares) | - | - | 124 | - | - | - | 124 |
| Restricted stock grants, net of forfeitures (53,169 shares) | - | - | - | - | - | - | - |
| Stock grants (153 shares) | - | - | - | - | - | - | - |
| Net shares issued in satisfaction of deferred stock units earned (31,383 shares) | - | - | - | - | - | - | - |
| Net shares issued in satisfaction of performance units earned (22,350 shares) | - | - | - | - | - | - | - |
| Share redemption for tax withholdings on performance units and deferred stock units earned | - | - | (2,133) | - | - | - | (2,133) |
| Repurchase of stock (447,108 shares) | - | - | - | - | (13,127) | - | (13,127) |
| Stock-based compensation expense | - | - | 4,889 | - | - | - | 4,889 |
| Balance as of December 31, 2022 | $110,927 | $586,946 | $30,126 | $535,915 | $(52,799) | $(32,364) | $1,178,751 |
| Net income | - | - | - | 87,003 | - | - | 87,003 |
| Other comprehensive loss, net of tax | - | - | - | - | - | (2,745) | (2,745) |
| Cash dividends declared on preferred stock ($1.3125 per share) | - | - | - | (6,036) | - | - | (6,036) |
| Cash dividends declared on common stock ($0.665 per share) | - | - | - | (25,912) | - | - | (25,912) |
| Exercise of stock options (7,388 shares) | - | - | 96 | - | - | - | 96 |
| Restricted stock grants, net of forfeitures (84,057 shares) | - | - | - | - | - | - | - |
| Stock grants (995 shares) | - | - | - | - | - | - | - |
| Net shares issued in satisfaction of deferred stock units earned (36,006 shares) | - | - | - | - | - | - | - |
| Net shares issued in satisfaction of performance units earned (52,353 shares) | - | - | - | - | - | - | - |
| Share redemption for tax withholdings on performance units and deferred stock units earned | - | - | (1,900) | - | - | - | (1,900) |
| Repurchase of stock (904,152 shares, including 1% excise tax) | - | - | - | - | (17,497) | - | (17,497) |
| Stock-based compensation expense | - | - | 4,860 | - | - | - | 4,860 |
| Balance as of December 31, 2023 | $110,927 | $586,946 | $33,182 | $590,970 | $(70,296) | $(35,109) | $1,216,620 |
| Net income | - | - | - | 73,793 | - | - | 73,793 |
| Other comprehensive loss, net of tax | - | - | - | - | - | (12,737) | (12,737) |
| Cash dividends declared on preferred stock ($1.3125 per share) | - | - | - | (6,036) | - | - | (6,036) |
| Cash dividends declared on common stock ($0.71 per share) | - | - | - | (27,281) | - | - | (27,281) |
| Restricted stock grants, net of forfeitures (69,772 shares) | - | - | - | - | - | - | - |
| Stock grants (1,533 shares) | - | - | - | - | - | - | - |
| Net shares issued in satisfaction of deferred stock units earned (37,542 shares) | - | - | - | - | - | - | - |
| Net shares issued in satisfaction of performance units earned (24,070 shares) | - | - | - | - | - | - | - |
| Share redemption for tax withholdings on performance units and deferred stock units earned | - | - | (1,403) | - | - | - | (1,403) |
| Repurchase of stock (282,370 shares) | - | - | - | - | (5,820) | - | (5,820) |
| Stock-based compensation expense | - | - | 4,568 | - | - | - | 4,568 |
| Balance as of December 31, 2024 | $110,927 | $586,946 | $36,347 | $631,446 | $(76,116) | $(47,846) | $1,241,704 |
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