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Center Bancorp CNOB Lease Liability Payments - Due After Year Five

Lease Liability Payments - Due After Year Five at other companies

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Banc of CaliforniaBANC
$26.82M-11.8%

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$1.66B+44.3%
Enterprise value$2.18B+46.6%
P/E17×+2.0×
P/S5.8×

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:LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive.

The official record: Center Bancorp’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Center Bancorp's lease liability payments - due after year five?
Center Bancorp (CNOB) reported lease liability payments - due after year five of $15.88M in Q4 2025.
How has Center Bancorp's lease liability payments - due after year five changed year-over-year?
Center Bancorp's lease liability payments - due after year five increased by 262.6% year-over-year, from $4.38M to $15.88M.
What is the long-term trend for Center Bancorp's lease liability payments - due after year five?
Over 4 years (2021 to 2025), Center Bancorp's lease liability payments - due after year five has grown at a 120.2% compound annual growth rate (CAGR), from $676K to $15.88M.
What does lease liability payments - due after year five mean?
Represents the total undiscounted future cash outflows required for operating and finance lease obligations beyond a five-year horizon. This metric provides visibility into long-term fixed occupancy and equipment costs, which are critical for assessing structural overhead and long-term solvency.