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Center Bancorp CNOB Share Buybacks

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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$1.8B+56.3%
Enterprise value$2.31B+68.4%
P/E18.3×-12.3×

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 us-gaap:PaymentsForRepurchaseOfCommonStock.

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
(dollars in thousands)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Repayment of FHLB borrowings(774,020)(440,017)
Cash dividends on preferred stock(1,509)(1,509)
Cash dividends paid on common stock(9,056)(6,914)
Repurchase of treasury stock(2,391)-
Share redemption for tax withholdings on performance units, deferred stock units earned and restricted stock units(1,937)(1,627)
Net cash provided by (used in) financing activities181,340(137,951)
Net change in cash and cash equivalents(36,424)(63,885)
Cash and cash equivalents at beginning of period380,895356,488

Document

FAQ

What is Center Bancorp's share buybacks?
Center Bancorp (CNOB) reported share buybacks of $2.39M in Q1 2026.
What is the long-term trend for Center Bancorp's share buybacks?
Over 2 years (2022 to 2025), Center Bancorp's share buybacks has grown at a -100.0% compound annual growth rate (CAGR), from $13.13M to $0.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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