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Center Bancorp CNOB Capital Lease In Premises And Equipment

Capital Lease In Premises And Equipment at other companies

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$1.39M

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$1.68B+44.3%

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 cnob:CapitalLeaseInPremisesAndEquipment.

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 capital lease in premises and equipment?
Center Bancorp (CNOB) reported capital lease in premises and equipment of $3.42M in Q4 2025.
How has Center Bancorp's capital lease in premises and equipment changed year-over-year?
Center Bancorp's capital lease in premises and equipment decreased by 0.0% year-over-year, from $3.42M to $3.42M.
What is the long-term trend for Center Bancorp's capital lease in premises and equipment?
Over 5 years (2020 to 2025), Center Bancorp's capital lease in premises and equipment has grown at a 0.1% compound annual growth rate (CAGR), from $3.41M to $3.42M.
What does capital lease in premises and equipment mean?
The gross value of assets acquired through capital lease agreements related to bank premises and equipment. This metric quantifies the bank's reliance on leased infrastructure versus owned assets, impacting its overall capital structure and operational leverage.