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ConnectOne: 1Q Earnings Snapshot

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ENGLEWOOD CLIFFS, N.J. (AP) _ ConnectOne Bancorp Inc. (CNOB) on Thursday reported first-quarter profit of $11.6 million.

The Englewood Cliffs, New Jersey-based bank said it had earnings of 33 cents per share. Earnings, adjusted for one-time gains and costs, came to 49 cents per share.

The holding company for ConnectOne Bank posted revenue of $66.9 million in the period. Its revenue net of interest expense was $46.7 million, which beat Street forecasts.

ConnectOne shares have increased 12 percent since the beginning of the year. The stock has declined 29 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNOB at https://www.zacks.com/ap/CNOB