← ConnectOne Bancorp, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $31.1m |
$43.2m
+39.05%
|
$60.4m
+39.64%
|
$73.4m
+21.61%
|
$71.3m
-2.87%
|
$130.4m
+82.85%
|
$125.2m
-3.94%
|
$87.0m
-30.51%
|
$73.8m
-15.18%
|
$80.4m
+9.01%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $31.1m |
$43.2m
+39.15%
|
$60.4m
+39.64%
|
— | — | $128.6m |
$119.2m
-7.36%
|
$81.0m
-32.06%
|
$67.8m
-16.32%
|
$74.4m
+9.81%
|
— | |
| Depreciation, Depletion and Amortization | $2.7m | $3.2m | $3.1m | $3.1m | $4.2m | $3.8m | $3.9m | $4.5m | $4.4m | $6.1m | $6.8m | |
| Amortization | $2.7m | $3.2m | $3.1m | $3.1m | $4.2m | $3.8m | — | — | — | — | $2.1m | |
| Amortization of Debt Issuance Costs | — | $165k | $332k | $329k | $323k | $303k | $304k | $1.2m | $505k | $645k | — | |
| Amortization of Intangible Assets | $820k | $724k | $627k | $1.4m | $2.6m | $2.0m | $1.7m | $1.4m | $1.2m | $7.9m | — | |
| Deferred Income Tax Expense (Benefit) | $2.0m | $3.7m | $926k | $104k | ($7.5m) | $16k | ($403k) | $4.1m | ($2.0m) | ($2.8m) | ($2.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $2.1m | $1.8m | $1.9m | $2.9m | $2.9m | $4.5m | $4.9m | $4.9m | $4.6m | $4.6m | $5.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $2.1m | $1.9m | $1.4m | $2.2m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | $4.5m | $4.9m | $4.9m | $4.6m | $4.6m | $5.0m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | $1.1m | — | — | — | — | — | — | — | $5.0m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | $1.3m | $41k | ($769k) | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | — | — | $20.5m | — | |
| Increase (Decrease) in Other Operating Assets | $14.8m | ($5.7m) | $1.1m | $22.6m | $22.5m | ($46.1m) | $12.4m | $7.5m | ($8.7m) | $10.6m | — | |
| Increase (Decrease) in Other Operating Liabilities | ($2.0m) | $3.9m | $5.0m | ($2.8m) | ($4.2m) | $10.5m | $48.3m | ($9.2m) | ($40.1m) | $8.1m | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | ($22k) | $0 | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $49.7m |
$131.1m
+163.79%
|
$89.1m
-32.08%
|
$60.7m
-31.86%
|
$81.1m
+33.68%
|
$202.3m
+149.33%
|
$176.8m
-12.60%
|
$92.9m
-47.45%
|
$60.7m
-34.65%
|
$106.4m
+75.29%
|
$39.2m
-63.13%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $57k | $8k | ($26k) | $8k | — | ($65k) | — | — | ($477k) | ($1.3m) | ($2.0m) | |
| Payments to Acquire Property, Plant, and Equipment | $2.7m | $2.7m | $2.1m | $1.5m | $2.2m | $2.8m | $3.3m | $7.4m | $3.8m | $5.4m | ($3.9m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $137.6m | $109.1m | $141.9m | $178.1m | $256.8m | $285.9m | $150.3m | $64.5m | $69.7m | $161.8m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | — | — | — | |
| Gain (Loss) on Sale of Investments | $4.2m | $1.6m | — | ($280k) | $29k | $195k | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | ($54.9m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($427.7m) | ($817.7m) | ($357.2m) | ($102.5m) | ($323.4m) | ($689.9m) | ($1.5b) | ($248.0m) | $55.2m | ($186.2m) | ($15.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $17.7m | $4.5m | $4.4m | $8.2m | $37.4m | $9.2m | — | — | — | — | ($1.3b) | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | $294k | $202k | ($373k) | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($1.0m) | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | $180k | — | — | — | — | $13.1m | $17.5m | $5.8m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $9.1m | $9.6m | $9.7m | $12.2m | $14.3m | $17.5m | $23.4m | $25.9m | $27.3m | $32.0m | ($33.7m) | |
| Net Cash Provided by (Used in) Financing Activities | $377.5m |
$635.8m
+68.44%
|
$290.9m
-54.24%
|
$70.9m
-75.63%
|
$344.5m
+385.94%
|
$449.4m
+30.44%
|
$1.4b
+204.70%
|
$129.5m
-90.54%
|
($2.1m)
-101.60%
|
$104.2m
+5115.26%
|
$278.8m
+167.61%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | $2.8m | ($25.6m) | $113.8m | $24.4m | $596.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | $17.8m | $8.2m | $13.8m | $47.0m | $46.5m | |
| Bank Owned Life Insurance Income | $2.6m | $3.2m | $3.1m | $3.5m | $5.0m | $4.8m | $5.6m | $6.3m | $7.1m | $9.5m | — | |
| Gain (Loss) on Sales of Loans, Net | $232k | $708k | $61k | $512k | $2.1m | $3.8m | $1.7m | $1.7m | $2.7m | $2.0m | — | |
| Proceeds from Stock Options Exercised | $767k | $417k | $875k | $360k | $233k | $106k | $124k | $96k | $0 | $0 | — | |
| Parent Company | $9.1m | $9.6m | $9.7m | $12.2m | $14.3m | $17.5m | $23.4m | $25.9m | $27.3m | $32.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | $74.7m | $41.8m | $67.8m | $230.8m | $270.9m | $286.3m | — | |
| Income Taxes Paid, Net | $22.9m | $16.2m | $9.1m | $18.5m | $18.5m | $45.4m | $49.2m | $31.6m | $24.0m | $43.7m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | ($1.5m) | ($117k) | $2k | $1.7m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $294k | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | — | — | $1.7m | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $0 | $0 | — | — | — | |
| Goodwill | $145.9m | $145.9m | $145.9m | $162.6m | $208.4m | $208.4m | $208.4m | $208.4m | $208.4m | $220.2m | — | |
| Income Tax Expense (Benefit) | $11.8m | $25.3m | $10.8m | $20.6m | $19.1m | $44.7m | $46.0m | $30.0m | $24.7m | $32.3m | — | |
| Pension Cost (Reversal of Cost) | $304k | $250k | $28k | $114k | ($119k) | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | $38.7m | $6.0m | $21.1m | $8.1m | $41.0m | ($5.5m) | $17.1m | $8.4m | $14.0m | — | — | |
| Unrealized Gain (Loss) on Derivatives | $88k | $798k | $1.2m | ($273k) | ($2.1m) | $3.3m | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.