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Center Bancorp CNOB Debt Issuance Proceeds

Debt Issuance Proceeds at other companies

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$35.57B+48.5%
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Valley National BankVLY
$210M
CTB
Community Trust BancorpCTBI
$25M
Customers Bancorp logo
Customers BancorpCUBI
$500M+733%
Capital Bancorp logo
Capital BancorpCBNK
$7M

Other financials

Income statement

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Revenue$73.4M
Net income$37.8M+86.8%
EPS (diluted)$0.75

Balance sheet

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Cash & equivalents$344.5M+17.7%
Total debt$858.0M+36.7%
Total equity$1.6B+27.0%
Total assets$14.2B+45.6%

Cash flow

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Operating cash flow$15.3M+2.9%
CapEx$1.3M+389%
Free cash flow$14.0M-4.1%

Valuation

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Market cap$1.8B+56.3%
Enterprise value$2.31B+68.4%
P/E18.3×-12.3×

Profitability

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Net margin44.8%
FCF margin57.3%

Returns & leverage

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Return on equity6.9%+0.7pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Center Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromFederalHomeLoanBankBorrowings.

The source filing: Center Bancorp’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014866
(dollars in thousands)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Net cash (used in) provided by investing activities(233,083)59,175
Cash flows from financing activities
Net increase (decrease) in deposits272,250(52,884)
Proceeds from FHLB borrowings698,003365,000
Repayment of FHLB borrowings(774,020)(440,017)
Cash dividends on preferred stock(1,509)(1,509)
Cash dividends paid on common stock(9,056)(6,914)
Repurchase of treasury stock(2,391)-

Document

FAQ

What is Center Bancorp's debt issuance proceeds?
Center Bancorp (CNOB) reported debt issuance proceeds of $698M in Q1 2026.
How has Center Bancorp's debt issuance proceeds changed year-over-year?
Center Bancorp's debt issuance proceeds increased by 91.2% year-over-year, from $365M to $698M.
What is the long-term trend for Center Bancorp's debt issuance proceeds?
Over 3 years (2022 to 2025), Center Bancorp's debt issuance proceeds has grown at a -38.7% compound annual growth rate (CAGR), from $4.2B to $966M.
What does debt issuance proceeds mean?
Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.

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