CENLAR FSB has achieved fantastic revenue where the total assets of CENLAR FSB as of March 31, 2021 is roughly $1,060,950,000. As a leading loan service provider which has been actively involved in mortgage lending services and sub-services for more than 40 years, it doesn’t wonder if the CENLAR’s revenue is getting higher and higher for following years.
Regardless of the great services, surely a lot of people are wondering how much the CENLAR’s revenue is. However, CENLAR grows rapidly among the strong competitors which are providing the loan services that have developed many years before CENLAR.
If you want to know the CENLAR’s revenue, you’re absolutely at the right page as this post will show you the CENLAR’s revenue, total assets, and the basic information about CENLAR’s incomes, let’s see our little research below!
What Is the CENLAR’s Revenue?
According to Dun & Bradstreet, the revenue of CENLAR FSB reaches $541.90 million in sales, as of 2020. The revenue here is obtained from the three major industries including Banks & Credit Unions, Finance & Insurance Sector and Federal savings and loan associations.
CENLAR FSB has 427 total employees across its locations. This company is located in Ewing, New Jersey, United States. Founded in 1912, CENLAR FSB can be listed as a competitive mortgage subservicing company which provides excellent service, clear communication and convenient loan access tools to borrowers.
The CENLAR will be responsible for your financial institutions including to send you regular communications about your loan, to provide you a mortgage statement, to process your mortgage payments and to collect and distribute your escrow account.
In this case, an escrow account is a special money reserve which is collected along with your monthly mortgage payment and used to pay for taxes and insurance premiums on your property.
An escrow account will ensure that your taxes and insurance premiums will be paid on-time. When it is time to pay those taxes and insurance premiums, CENLAR will then automatically make the payments for you. Then, CENLAR will send an annual escrow statement that’s an analysis of the year’s escrow account activity. So, it’s highly recommended for you to have an escrow account to make CENLAR manage any payments for you.
How About CENLAR FSB ‘Total Assets’?
Aside from knowing the CENLAR’s revenue, you may also want to know the total assets of CENLAR FSB. However, the total assets of CENLAR FSB seems to push this company to reach the higher ranking positions among the competitors.
Well, CENLAR FSB ‘total assets’ is $1,060,950,000, as of March 31, 2021. The total assets leads this company to rank #928 in all banks. We think that it is so fantastic, isn’t it?
The total assets of CENLAR FSB can not be separated from the history of the company’s income from year to year. The following table shows the history of CENLAR ‘Assets’ from 2010 – 2021:
| Year/Month/Date | Total Assets |
| 2021 – 3 – 31 | $1,060,950,000 |
| 2020 -12 – 31 | $1,232,519,000 |
| 2020 – 09 – 30 | $1,171,987,000 |
| 2020 – 06 – 30 | $1,171,277,000 |
| 2020 – 03 – 31 | $1,157,304,000 |
| 2019 – 12 – 31 | $1,167,206,000 |
| 2019 – 09 – 30 | $1,191,560,000 |
| 2019 – 06 – 30 | $1,170,510,000 |
| 2019 – 03 – 31 | $1,130,728,000 |
| 2018 – 12 – 31 | $1,135,456,000 |
| 2018 – 09 – 30 | $1,130,721,000 |
| 2018 – 06 – 30 | $1,083,263,000 |
| 2018 – 03 – 31 | $1,068,130,000 |
| 2017 – 12 – 31 | $1,155,589,000 |
| 2017 – 09 – 30 | $1,067,971,000 |
| 2017 – 06 – 30 | $1,057,359,000 |
| 2017 – 03 – 31 | $1,001,643,000 |
| 2016 – 12 – 31 | $1,089,464,000 |
| 2016 – 09 – 30 | $1,049,408,000 |
| 2016 – 06 – 30 | $1,036,045,000 |
| 2016 – 03 – 31 | $948,895,000 |
| 2015 – 12 – 31 | $925,548,000 |
| 2015 – 09 – 30 | $853,670,000 |
| 2015 – 06 – 30 | $905,766,000 |
| 2015 – 03 – 31 | $843,615,000 |
| 2014 – 12 – 31 | $860,770,000 |
| 2014 – 09 – 30 | $859,262,000 |
| 2014 – 06 – 30 | $889,870,000 |
| 2014 – 03 – 31 | $846,310,000 |
| 2013 – 12 – 31 | $779,467,000 |
| 2013 – 09 – 30 | $738,368,000 |
| 2013 – 06 – 30 | $788,526,000 |
| 2013 – 03 – 31 | $694,295,000 |
| 2012 – 12 – 31 | $679,852,000 |
| 2012 – 09 – 30 | $654,752,000 |
| 2012 – 06 – 30 | $668,483,000 |
| 2012 – 03 – 31 | $643,198,000 |
| 2011 – 12 – 31 | $660,176,000 |
| 2011 – 09 – 30 | $695,903,000 |
| 2011 – 06 – 30 | $663,503,000 |
| 2011 – 03 – 31 | $624,998,000 |
| 2010 – 12 – 31 | $580,741,000 |
| 2010 – 09 – 30 | $675,807,000 |
| 2010 – 06 – 30 | $609,426,000 |
| 2010 – 03 – 31 | $582,033,000 |
You can know the CENLAR FSB ‘total assets’ for the previous years through the US Bank Locations page here.
More Information for CENLAR’s Financial
Here’s a list of CENLAR FSB Income and Expense data as of March 31, 2021:
- Total interest income: $4,749,000 (Rank: 1,569)
- Total interest expense: $0 (Rank: 4,958)
- Net interest income: $4,749,000 (Rank: 1,424)
- Provision for loan and lease losses: $-157,000 (Rank: 4,684)
- Total noninterest income: $147,066,000 (Rank: 52)
- Gross Fiduciary activities income: $0 (Rank: 922)
- Service charges on deposit accounts: $0 (Rank: 4,819)
- Trading account gains and fees: $0 (Rank: 127)
- Additional Noninterest Income: $147,066,000 (Rank: 40)
- Total noninterest expense: $148,113,000 (Rank: 81)
- Salaries and employee benefits: $80,097,000 (Rank: 71)
- Premises and equipment expense: $5,173,000 (Rank: 169)
- Additional noninterest expense: $62,843,000 (Rank: 68)
- Pre-tax net operating income: $3,859,000 (Rank: 941)
- Securities gains (losses): $-22,000 (Rank: 4,748)
- Applicable income taxes: $21,000 (Rank: 3,067)
- Income before extraordinary items: $3,816,000 (Rank: 844)
- Extraordinary gains, net: $0 (Rank: 3)
- Net income: $3,816,000 (Rank: 844)
- Minority interest net income: $0 (Rank: 55)
- Net income of bank and minority interests: $3,816,000 (Rank: 844)
- Net charge-offs: $-42,000 (Rank: 4,565)
- Cash dividends: $2,947,000 (Rank: 357)
- Sale, conversion, retirement of capital stock, net: $337,000 (Rank: 145)
- Net operating income: $3,837,780 (Rank: 818)
Okay, that’s the information about CENLAR’s revenue, total assets, history of CENLAR assets and other financial information. Well, if you have a plan for getting loan services, we think that CENLAR is a right option for you where it will give you free and convenient services.
