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Center Bancorp CNOB Loans held for sale activity

Loans held for sale activity at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$57.66B-15.9%
Valley National Bank logo
Valley National BankVLY
$34.02M-9.1%
Customers Bancorp logo
Customers BancorpCUBI
$171.42M-42.8%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$4.2M-24.6%
Origin Bancorp logo
Origin BancorpOBK
$26.93M-26.5%
First Financial Bankshares logo
First Financial BanksharesFFIN
-$7.01M-219%

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:PaymentsForOriginationAndPurchasesOfLoansHeldForSale.

The official record: Center Bancorp’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Center Bancorp's loans held for sale activity?
Center Bancorp (CNOB) reported loans held for sale activity of $16.95M in Q1 2026.
How has Center Bancorp's loans held for sale activity changed year-over-year?
Center Bancorp's loans held for sale activity increased by 172.7% year-over-year, from $6.22M to $16.95M.
What is the long-term trend for Center Bancorp's loans held for sale activity?
Over 4 years (2021 to 2025), Center Bancorp's loans held for sale activity has grown at a -12.5% compound annual growth rate (CAGR), from $51.67M to $30.32M.
What does loans held for sale activity mean?
Net change in mortgage and other loans originated for sale into the secondary market.