Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking and savings accounts, certificates of deposit, money market accounts, individual retirement accounts, and time and demand deposits. Its loans products include residential and commercial real estate loans; home equity lines of credit and term loans; commercial and industrial loans; secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates 10 Massachusetts locations in Cambridge, Boston, Belmont, Concord, Lexington, and Weston; and wealth management offices in Boston, Massachusetts, as well as in Concord, Manchester, and Portsmouth, New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone617-876-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$102.04 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date10/21/2019 (Estimated)
OptionableNot Optionable
Cambridge Bancorp (NASDAQ:CATC) Frequently Asked Questions
What is Cambridge Bancorp's stock symbol?
Cambridge Bancorp trades on the NASDAQ under the ticker symbol "CATC."
How often does Cambridge Bancorp pay dividends? What is the dividend yield for Cambridge Bancorp?
Cambridge Bancorp announced a quarterly dividend on Monday, July 15th. Investors of record on Thursday, August 1st will be paid a dividend of $0.51 per share on Thursday, August 15th. This represents a $2.04 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Wednesday, July 31st. View Cambridge Bancorp's Dividend History.
How were Cambridge Bancorp's earnings last quarter?
Cambridge Bancorp (NASDAQ:CATC) issued its earnings results on Tuesday, July, 16th. The bank reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.57 by $0.10. The bank earned $27.92 million during the quarter. Cambridge Bancorp had a net margin of 19.92% and a return on equity of 13.72%. View Cambridge Bancorp's Earnings History.
When is Cambridge Bancorp's next earnings date?
What price target have analysts set for CATC?
2 equities research analysts have issued 1-year price objectives for Cambridge Bancorp's shares. Their forecasts range from $90.00 to $93.00. On average, they expect Cambridge Bancorp's share price to reach $91.50 in the next year. This suggests a possible upside of 21.7% from the stock's current price. View Analyst Price Targets for Cambridge Bancorp.
What is the consensus analysts' recommendation for Cambridge Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cambridge Bancorp.
Has Cambridge Bancorp been receiving favorable news coverage?
News articles about CATC stock have been trending somewhat negative this week, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cambridge Bancorp earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Cambridge Bancorp.
Are investors shorting Cambridge Bancorp?
Cambridge Bancorp saw a decrease in short interest in September. As of September 30th, there was short interest totalling 29,600 shares, a decrease of 28.0% from the August 30th total of 41,100 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 0.6% of the company's stock are sold short. View Cambridge Bancorp's Current Options Chain.
Who are some of Cambridge Bancorp's key competitors?
Some companies that are related to Cambridge Bancorp include First Busey (BUSE), Seacoast Banking Co. of Florida (SBCF), Veritex (VBTX), S & T Bancorp (STBA), OFG Bancorp (OFG), 1st Source (SRCE), Southside Bancshares (SBSI), FB Financial (FBK), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), First Bancorp (FBNC), Boston Private Financial (BPFH), Republic Bancorp, Inc. KY (RBCAA) and German American Bancorp. (GABC).
What other stocks do shareholders of Cambridge Bancorp own?
Who are Cambridge Bancorp's key executives?
Cambridge Bancorp's management team includes the folowing people:
- Mr. Denis K. Sheahan, Chairman & CEO (Age 53)
- Mr. Mark D. Thompson, Pres & Director (Age 62)
- Mr. Michael F. Carotenuto, Sr. VP, Treasurer & CFO (Age 33)
- Ms. Jennifer A. Pline CFA, Exec. VP & Head of Wealth Management (Age 59)
- Puneet Nevatia, Chief Information Officer
Who are Cambridge Bancorp's major shareholders?
Cambridge Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Sippican Capital Advisors (0.49%) and Bangor Savings Bank (0.17%). Company insiders that own Cambridge Bancorp stock include Edward F Jankowski, Mark D Thompson and Martin B Millane. View Institutional Ownership Trends for Cambridge Bancorp.
Which major investors are selling Cambridge Bancorp stock?
How do I buy shares of Cambridge Bancorp?
Shares of CATC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Cambridge Bancorp's stock price today?
One share of CATC stock can currently be purchased for approximately $75.19.
How big of a company is Cambridge Bancorp?
What is Cambridge Bancorp's official website?
How can I contact Cambridge Bancorp?
Cambridge Bancorp's mailing address is 1336 Massachusetts Avenue, Cambridge MA, 02138. The bank can be reached via phone at 617-876-5500 or via email at [email protected]
MarketBeat Community Rating for Cambridge Bancorp (NASDAQ CATC)
MarketBeat's community ratings are surveys of what our community members think about Cambridge Bancorp and other stocks. Vote "Outperform" if you believe CATC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CATC will underperform the S&P 500 over the long term. You may vote once every thirty days.
