Connectone Bancorp, Inc. · NASDAQ:CNOB
Connectone Bancorp — Investor Presentation (July 2026)
25 slides from Connectone Bancorp's investor presentation, Jul 28, 2026
Slide 1: ConnectOne Bancorp, Inc. Investor Presentation July 2026
& ConnectOne Bancorp, Inc. a better place to be Investor Presentation July 2026
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation contains forward-looking statements that are based on ConnectOne Bancorp, Inc’s (‘ConnectOne"”) assumptions and beliefs. Forward-looking statements are typically identified by words such as “believe,” “expect,” “anticipate,” “intend,” “target,” “estimate,
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures This presentation contains certain financial measures that are not measures recognized under US. generally accepted accounting principles (“GAAP”) and therefore, are considered non-GAAP financial measures. Management believes these non-GAAP financial measures provi
Slide 4: Experienced Leadership Team
Experienced Leadership Team Frank Sorrentino Ill @ Comnectine timcnep; oe
Slide 5: ConnectOne at a Glance
ConnectOne at a Glance (As of June 30, 2026) _ a Total Branches Total Assets Total Loans Total Deposits _ aN (__ Market Capitalization Attractive Footprint Corporate Overview NASDAQ Symbel CNOB p CN —— New York gee any Bank stblshed 2005 . oo? 52 g: : New Jersey . s ° 7 ° . . Mey Sin Long stand 3 eS
Slide 6: Fortified Balance Sheet and Strategic Strengths
+ Fortified Balance Shee ‘Superior capitalization and reserves primed for expansion * Accelerating Profitability Expanding margins driven by disciplined deposit pricing and robust loan yields Scala afr Focused on maximizing returns via targeted efficiencies ructure “ NYC-Metro Core Strategically pos
Slide 7: Committed to Our Core Values
Committed to Our Core Values P E r@) P L E ConnectOne Bank's mission is to prove that putting people first is a better way to do business SENSE OF MAKE AN JRGENCY MPAC WE FORWARD & connectone I
Slide 8: 2Q 2026 Highlights
2Q 2026 Highlights Key Highlights Operating net income $43.7 million, up $2.6 million vs linked quarter NIM expanded to 3.42%, a 36 bp improvement from last year Client deposits increased $256.2 million, or 9.8%" sequentially Loans receivable increased $133.4 million, or 4.5% sequentially TCE ratio)
Slide 9: Balance Sheet Growth
Balance Sheet Growth ($ Billions) S140 a sg suze 9 ‘aie 399 ss. : Th ij | ill 20177 2018Y 2019 2020 2021Y 2022¥ 2023 2024 2025Y 2026 [Total Deposits Total Loans Receivable Total Assets & connectone
Slide 10: Strategic and Financially Disciplined M&A
Strategic and Financially Disciplined M&A JANUARY 2020 & Connectone
Slide 11: Net Interest Margin Expansion
Net Interest Margin Expansion Net Interest Margin. * Continued expansion by strong asset-side r outpacing funding costs Deposits % Disciplined deposit pricing supported by a strong 2025 3025 4025 1026 2026 relationship-based core deposit base Net Interest Margin!" 0: Yield on interest Earning Assets
Slide 12: Financial Objectives
cial Objectives ROA 1.17% 1.23% 1.50%+ ROTCE 13.2% 13.1% 15.0%+ Net Interest Margin 3.43% 3.49% 3.60% ‘eronrth in Noninterest Income 20%+ ~ TCE Ratio 8.78% (2 9.00% CRE Concentration 439% 2) <400% source: 8” copa eects sel consenss estimates for CNOB as oul 23,2026 & Connectone fetstaponmeS0 Sine
Slide 13: Capital Position Strategy
Capital Position Strategy of une 30, 2026) Maintain Share Repurchase Authorization (500K+) Deliver Consecutive Dividend Growth (6 Years) S > Support Organic Growth (ill Focus on Tangible Book Value Accretion S = [> Pursue Disciplined M&A Opportunities C au Avoid Value-Loss Trades & connectone I
Slide 14: Loan Portfolio Overview
Loan Portfolio Overview ($ Millions as of June 30, 2026) Residential / Consumer $1,195 10% i) / $11,873 Total Loans Includes C8 and Owner-occupied CRE Represents welghted rate Loans by Rate Structure Adjustable Loan Repricing $1,036 & Connectone
Slide 15: Valuable Deposit Franchise
Valuable Deposit Fr ($ Millions as of June 30, 2026) Brokered $1,008 3% Nonmaturity S140, ei pas Nonin bearing Demand $2513 21% "Data sourced from the FFIEC I Report as of 6/30/2026 Uninsured Deposits Total Deposies s 11,740 Estimated Uninsured Deposits!” Less: Collateralized Deposits Les: Affilate
Slide 16: Highly Efficient Operating Model
Highly Efficient Operating Model ($ Millions) Operating Noninterest Expense 2) / Average Assets Operating Efficiency Ratio @ aay M228 ec a a 2m a15% — 4% Asam 20208 2028 sos 1028 2026 2008 2028 028 102 2028 peeing noninterest expanse /Average sets —-—Peer ectan’” operating etciancy rato —— Peer naan
Slide 17: Building Noninterest Income
Building Noninterest Income Diversified Revenue Streams for Sustainable Growth Gain on Sale + SBA + Commercial + Residential ‘+ Strong Fee Income Momentum + Deposit Fees BoeFly + Growing + Loan Fees Opportunities to + Transaction Fees Expand Product Set, & Connectone
Slide 18: Current Use Cases: Efficiency & Workflow Automation
Current Use Cases Efficiency & Workflow Automation eamline Administrative Work Deploying internal Al to daily administrative burden from ‘each employee's day to day, freeing up staff capacity Act De Enabling engineers to utilize Al code-assistants to accelerate testing. feature deployment, and code
Slide 19: Compelling Investment Opportunity
Compelling Investment Opportunity ing Full Run-Rate Synergies from 2025 Merger Driving Organic Growth via Deepened Scale Across Key Metro Markets Optimized, Lial ity-Sensitive Balance Sheet Delivering NIM Expansion Significant Acceleration of Financial Performance Underway Delivering Enhanced Franch
Slide 20: Appendix
$B ConnectOne Bancorp, Ine. Appendix
Slide 21: Loan Portfolio Detail
Loan Portfolio Detail ($ Millions as of June 30, 2026) 6% — Warehouse/Indistal 44 % Ret IMvedse 151 1% 1 % 75% 3 Matta $ 213 2% 110.4 Family 0 a omer yetbution 1% Total Construction Sar 4% Contractors 1% ‘Total Other CREE 3% station 7 % Menwlactuting Total C8 1 64 units $ Toto 24 units Sto 9unks Tot
Slide 22: Non-GAAP Reconciliation
Non-GAAP Reconciliation Ascot Fen 0 Ti 3, Dee.31, Sp, Fan 30, 2026 2026 2025 202s 2025 econ xumets One (Gllarsin thousands, except for por share dts) Net income (Loss) $ 416 $38 $5 S| HNTS Sana Restucirng and et charset 994 Merge expenses sd restroctrng charge 1 x 498 398 30.745 Estimated tate te ib
Slide 23: Non-GAAP Reconciliation (cont.)
Non-GAAP Reconciliation (cont.) Tee Mouths Ended on. 30, Mar St, Dec. 31, Sip, an. 30, 2026 2026 2025 2025 2025 (Gains inthowsanasy retam on ang common equity (n ating re aailableto commen stockholders @ Comnectine timcnep; ae
Slide 24: Non-GAAP Reconciliation (cont.)
Non-GAAP Reconciliation (cont.) ‘Three Months Ended Jan.30, Mar 3 Dee.31 Sept 30 an-30, 206 2026 2025 2025 (oilers in thousand s Sale $5780 8 Sete $7389 - fe 196 = z z tas os S men $1997 tora $210 9 6796 60 18s ned benefit pesion plan cv ection tee = = Time & Z est expen @ Comnectine timcnrp; ae a
Slide 25: Non-GAAP Reconciliation (cont.)
Non-GAAP Reconciliation (cont.) Aso Tan. 30, Mar 31 Dee 31, Sat. 30, 2026 2026 2025 202s (Gollarsin thousands, excepto per share data) a $1626.32 a s 4aniges $ 314.157396 z Tpit Common shares 0 equity commen ety dvidedby nd @ Comnectine timcnep; ae
ConnectOne Bancorp — Investor Presentation (July 2026) on 6ix