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Director Stephen T. Boswell reported purchasing shares of ConnectOne Bancorp, Inc. (NASDAQ:CNOB) on August 1, 2025. The transactions, both categorized as open market purchases, involved a total expenditure of $171,232 in the $1.13 billion market cap regional bank. According to InvestingPro data, the stock currently offers a 3.17% dividend yield and has maintained dividend payments for 52 consecutive years.
Boswell acquired 1,500 shares of common stock at a price of $22.25 per share, and another 6,200 shares at $22.235 per share. Following these transactions, Boswell directly owns 77,674.455 shares and indirectly owns 280,466.733 shares through an irrevocable trust for the benefit of his spouse and descendants. With analyst price targets ranging from $27.50 to $30.00, InvestingPro subscribers can access comprehensive analysis and 5 additional ProTips about ConnectOne’s financial outlook in the detailed Pro Research Report.
In other recent news, ConnectOne Bancorp reported its financial results for the second quarter of 2025, which showed a miss on earnings per share (EPS) expectations. The company posted an EPS of -$0.52, falling short of the anticipated -$0.4075, resulting in a 27.61% negative surprise. However, the revenue figures provided a slight positive note, coming in at $84.65 million, which was above the forecast of $83.73 million. Despite the earnings miss, the revenue exceeding expectations indicates some positive aspects in the company’s financial performance. The market reaction to these results was relatively subdued. ConnectOne Bancorp’s recent developments highlight the importance of closely monitoring financial outcomes and analyst expectations.
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