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Center Bancorp CNOB Amortization of capitalized software and acquired intangible assets

Amortization of capitalized software and acquired intangible assets at other companies

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Valley National BankVLY
$6.27M-15.6%
Capital Bancorp logo
Capital BancorpCBNK
$261K0.0%
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Western New England BancorpWNEB
$94K0.0%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
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First Community CorporationFCCO

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$1.78B+54.7%
Enterprise value$2.3B+67.1%
P/E18.2×-12.5×

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:AmortizationOfIntangibleAssets.

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
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Information technology and communications5,2434,604
Merger expenses and restructuring charges2,1251,320
Bank owned life insurance restructuring charge-327
Amortization of core deposit intangibles2,845279
Other expenses3,5092,756
Total noninterest expenses57,86939,305
Income before income tax expense52,53127,402
Income tax expense14,7097,160

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FAQ

What is Center Bancorp's amortization of capitalized software and acquired intangible assets?
Center Bancorp (CNOB) reported amortization of capitalized software and acquired intangible assets of $2.85M in Q1 2026.
How has Center Bancorp's amortization of capitalized software and acquired intangible assets changed year-over-year?
Center Bancorp's amortization of capitalized software and acquired intangible assets increased by 919.7% year-over-year, from $279K to $2.85M.
What is the long-term trend for Center Bancorp's amortization of capitalized software and acquired intangible assets?
Over 4 years (2021 to 2025), Center Bancorp's amortization of capitalized software and acquired intangible assets has grown at a 41.4% compound annual growth rate (CAGR), from $1.98M to $7.92M.

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