ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a commercial bank founded to serve the financial needs of small to mid-sized businesses, local professionals, and individuals. The company's business model is centered on relationship banking, offering a comprehensive suite of deposit and loan products. Its lending portfolio is heavily focused on commercial real estate, commercial and industrial (C&I) loans, commercial construction, and residential real estate. ConnectOne employs a 'branch-lite' strategy, leveraging technology and a highly efficient operating environment to serve clients without the overhead of a massive retail branch network. Geographically, the bank operates primarily in the New York metropolitan market—including New Jersey, New York City, Long Island, and the Hudson Valley—and has recently expanded its footprint into South Florida. The company has grown through a combination of organic expansion and strategic acquisitions, including its 2014 merger with Center Bancorp and its 2025 merger with The First of Long Island Corporation. ConnectOne generates the vast majority of its revenue from net interest income on its loan portfolio, supplemented by fee income from banking services.
