CONNECTONE BANCORP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $388.3M | $264.1M | $269.1M | $315.4M | $278.6M | $252.4M | $194.4M | $162.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $112.7M | $98.5M | $351.9M | $242.9M | $213.9M | $160.6M | $179.2M | $130.1M |
| Operating Margin | 29.0% | 37.3% | 130.8% | 77.0% | 76.8% | 63.6% | 92.2% | 79.9% |
| Interest Expense | — | — | $235.0M | $71.6M | $38.9M | $70.2M | $85.2M | $58.9M |
| Pretax Income | $112.7M | $98.5M | $117.0M | $171.2M | $175.1M | $90.4M | $94.0M | $71.1M |
| Income Tax Expense | $32.3M | $24.7M | $30.0M | $46.0M | $44.7M | $19.1M | $20.6M | $10.8M |
| Net Income | $80.4M | $73.8M | $87.0M | $125.2M | $130.4M | $71.3M | $73.4M | $60.4M |
| Net Margin | 20.7% | 27.9% | 32.3% | 39.7% | 46.8% | 28.2% | 37.8% | 37.1% |
| EPS (Basic) | $1.64 | $1.77 | $2.08 | $3.03 | $3.24 | $1.80 | $2.08 | $1.87 |
| EPS (Diluted) | $1.63 | $1.76 | $2.07 | $3.01 | $3.22 | $1.79 | $2.07 | $1.86 |
| Shares Outstanding (Basic) | 45.2M | 38.3M | 38.8M | 39.3M | 39.6M | 39.5M | 35.1M | 32.3M |
| Shares Outstanding (Diluted) | 45.4M | 38.5M | 39.0M | 39.5M | 39.9M | 39.6M | 35.1M | 32.3M |
| Dividends Per Share | $0.72 | $0.71 | $0.67 | $0.60 | $0.48 | $0.27 | $0.36 | $0.30 |