Only 55 readers have signed up for SeekingAlpha alerts for ConnectOne Bancorp (NASDAQ:CNOB). While I recognize ConnectOne is still relatively small ($1.7 billion in assets), this New Jersey regional has been able to deliver organic loan growth faster than just about any other bank. Moreover, ConnectOne is about to merge with Center Bancorp (NASDAQ:CNBC) in a transaction that will nearly double its size - and give the bank a larger footprint and bigger deposit base to fuel its lightning growth.
Even stranger: ConnectOne beat estimates last week by 5 cents - and fell over the next 2 days by 3% on miniscule volume, equaling about 0.1% of the float. The market yawned as ConnectOne increased its...
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