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Center Bancorp Inc (CNBC) Financial, Regional Banks
Center Bancorp, Inc. operates as the holding company for Union Center National Bank that provides various banking services to individual and corporate customers in Union and Morris counties, New Jersey. The company offers consumer banking services, including interest bearing and non-interest bearing checking accounts, savings accounts, money market accounts, certificates of deposit, IRA accounts, and ATM services, as well as safe deposit boxes, Christmas club accounts, vacation club accounts, money orders, and traveler's checks. Its lending activities comprise short and medium term loans, lines of credit, letters of credit, working capital loans, real estate construction loans, and mortgage loans. In addition, the company provides collection services, wire transfers, night depository, and lock box services. As of May 27, 2009, it operated 13 banking locations in Union and Morris counties, including 6 in Union Township, and 1 each in Berkeley Heights, Boonton/Mountain Lakes, Madison, Millburn/Vauxhall, Morristown, Springfield, and Summit. In addition, Center Bancorp, through it other subsidiaries, offers brokerage services, annuity products, property and casualty insurance, life and health insurance, mutual funds, and financial planning services, as well as title, trust, and money market services. It also deals in the U.S. Treasury and the U.S. Governmental agency securities, certificates of deposit, commercial paper, and repurchase agreements. The company was founded in 1982 and is based in Union, New Jersey.
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Key Statistics
| Closing Price | 10.24 |
| Volume | 68459 |
| Volume Avg | 20733 |
| 52 Week High | 10.98 |
| 52 Week Low | 8.40 |
| PE | 13.06 |
| PE (group average) | 27 |
| EPS Year | 0.80 |
| EPS change Q/Q | 20% |
| EPS change Q/Q Yr ago | 1700% |
| EPS change Q/Q next Q est | -21.74% |
| EPS change Y/Y | -65.57% |
| REV change Q/Q | 13.28% |
| REV change Q/Q Yr ago | 42.16% |
| EPS next Q est | 0.23 |
| EPS next Y est | 0.99 |
| Divident Annual | 0.12 |
| Dividend Yield | 1.17% |
