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Center Bancorp CNOB Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Customers Bancorp logo
Customers BancorpCUBI
$33M-2.2%
Banc of California logo
Banc of CaliforniaBANC
$97.03M-0.7%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$70.65M-9.8%
UBS
United BanksharesUBSI
$87.84M+1.2%
JPMorgan Chase logo
JPMorgan ChaseJPM

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:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?
Center Bancorp (CNOB) reported operating lease ROU assets of $27.96M in Q1 2026.
How has Center Bancorp's operating lease ROU assets changed year-over-year?
Center Bancorp's operating lease ROU assets increased by 103.3% year-over-year, from $13.76M to $27.96M.
What is the long-term trend for Center Bancorp's operating lease ROU assets?
Over 5 years (2020 to 2025), Center Bancorp's operating lease ROU assets has grown at a 12.9% compound annual growth rate (CAGR), from $16.16M to $29.6M.
What does operating lease ROU assets mean?
This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.