Center Bancorp (Center Bancorp) Tax Rate % : 24.38% (As of Dec. 2023)

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What is Center Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Center Bancorp's Tax Expense for the three months ended in Dec. 2023 was $6.2 Mil. Center Bancorp's Pre-Tax Income for the three months ended in Dec. 2023 was $25.5 Mil. Therefore, Center Bancorp's Tax Rate % for the quarter that ended in Dec. 2023 was 24.38%.

Center Bancorp Tax Rate % Historical Data

The historical data trend for Center Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Center Bancorp Tax Rate % Chart

Center Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.94

21.13

25.54

26.87

25.61

Center Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															26.69	25.80	25.24	24.38	25.46

Center Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Center Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	29.955	/	116.958
	=	25.61 %

Center Bancorp's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	6.213	/	25.486
	=	24.38 %

Center Bancorp Tax Rate % Related Terms

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Center Bancorp (Center Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Center Bancorp Inc (NAS:CNBC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CNOB:USA CBM:Germany

Address

301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632

Website

https://www.connectonebank.com

ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.

Executives

Frank Iii Huttle	director	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Alexander Bol	director	C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
William Thompson	director	C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
Frank W Baier	director	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Mark Sokolich	director	204 MAIN STREET, FORT LEE NJ 07024
Nicholas Minoia	director	17 REGER ROAD, SUCCASUNNA NJ 07876
Michael W Kempner	director	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Joseph Jr. Parisi	director	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Stephen T. Boswell	director	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Katherin Nukk-freeman	director	C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Daniel E Rifkin	director	C/O CONNECTONE BANK, 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Elizabeth Magennis	officer: EVP & Chief Lending Officer	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Michael J. Mcgrover	officer: FSVP & Chief Credit Officer	C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Sorrentino	director, officer: Chairman, President & CEO	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Christopher J. Ewing	officer: EVP & Chief Operations Officer	CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632