Updated
The most significant concentration ConnectOne Bancorp discloses is commercial real estate loans at 70.3%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: ConnectOne Bancorp’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1A: 'As of December 31, 2025, we had $8.1 billion of commercial real estate loans (nonowner-occupied, owner-occupied, multifamily and land), including construction loans, which represented 70.3% of loans receivable.'”
“10-K Item 1A: 'We have a significant portfolio of loans secured by multifamily properties located in New York.'”
ConnectOne Bancorp's balance sheet is heavily weighted toward commercial real estate: as of the most recent fiscal year-end, the bank held $8.1 billion of commercial real estate loans — including nonowner-occupied, owner-occupied, multifamily, and construction loans — representing 70.3% of loans receivable, a high, structural concentration. Within that book, the bank holds a significant portfolio of loans secured by multifamily properties located in New York, a medium, structural geographic overlay on top of the broader CRE concentration. The two exposures compound rather than offset: the loan book is already dominated by one asset class, and within that class a meaningful share sits in one metropolitan market's multifamily sector, which carries its own rent-regulation and refinancing dynamics. Because both exposures are structural rather than counterparty dependencies, the risk is macro-cyclical — tied to CRE valuations broadly and to New York multifamily conditions specifically — rather than dependent on any single borrower. Given how large the CRE share is relative to the total book, a broad commercial real estate downturn would be the single largest swing factor for the loan portfolio.
For the engine’s reasoning on CNOB’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AMAL | Amalgamated Financial Corp. | 2 | 1 | 0 | 3 |
| ACNB | ACNB Corporation | 1 | 1 | 0 | 2 |
| ALRS | Alerus Financial Corporation | 1 | 1 | 0 | 2 |
| CNOB● | ConnectOne Bancorp, Inc. | 1 | 1 | 0 | 2 |
| AMTB | Amerant Bancorp Inc. | 0 | 1 | 1 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.