Century Bancorp, Inc. operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development. The company also provides automated lockbox collection, cash management, and account reconciliation services to corporate and institutional customers, as well as to the municipal market; and securities brokerage services. It serves commercial enterprises, state and local governments and agencies, non-profit organizations, and individuals in Massachusetts, New Hampshire, Rhode Island, Connecticut, and New York. As of January 16, 2018, the company operated 27 full-service branches in the Greater Boston area. Century Bancorp, Inc. was founded in 1969 and is headquartered in Medford, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CNBKA
Previous Symbol
CUSIP15643210
Phone781-391-4000
Debt
Debt-to-Equity Ratio1.42
Current Ratio0.60
Quick Ratio0.60
Price-To-Earnings
Trailing P/E Ratio12.94
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$129.99 million
Price / Sales3.45
Cash Flow$6.0511 per share
Price / Cash13.31
Book Value$51.53 per share
Price / Book1.56
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$22.30 million
Net Margins18.08%
Return on Equity12.72%
Return on Assets0.72%
Miscellaneous
Employees447
Outstanding Shares5,570,000
Market Cap$449.65 million
OptionableNot Optionable
Century Bancorp (NASDAQ:CNBKA) Frequently Asked Questions
What is Century Bancorp's stock symbol?
Century Bancorp trades on the NASDAQ under the ticker symbol "CNBKA."
How often does Century Bancorp pay dividends? What is the dividend yield for Century Bancorp?
Century Bancorp announced a quarterly dividend on Tuesday, October 9th. Shareholders of record on Thursday, November 1st will be given a dividend of $0.12 per share on Thursday, November 15th. This represents a $0.48 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Wednesday, October 31st. View Century Bancorp's Dividend History.
How were Century Bancorp's earnings last quarter?
Century Bancorp, Inc. (NASDAQ:CNBKA) posted its quarterly earnings results on Tuesday, October, 9th. The bank reported $1.72 EPS for the quarter. The bank earned $27.37 million during the quarter. Century Bancorp had a net margin of 18.08% and a return on equity of 12.72%. View Century Bancorp's Earnings History.
When is Century Bancorp's next earnings date?
Has Century Bancorp been receiving favorable news coverage?
Media stories about CNBKA stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Century Bancorp earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of Century Bancorp's key competitors?
Some companies that are related to Century Bancorp include Eagle Bancorp (EGBN), S & T Bancorp (STBA), First Busey (BUSE), Seacoast Banking Co. of Florida (SBCF), 1st Source (SRCE), FB Financial (FBK), Southside Bancshares (SBSI), First Bancorp (FBNC), Lakeland Financial (LKFN), TriCo Bancshares (TCBK), Boston Private Financial (BPFH), Enterprise Financial Services (EFSC), State Bank Financial (STBZ), Triumph Bancorp (TBK) and Republic Bancorp, Inc. KY (RBCAA).
Who are Century Bancorp's key executives?
Century Bancorp's management team includes the folowing people:
- Mr. Marshall M. Sloane, Founder & Chairman (Age 91)
- Mr. Barry R. Sloane, Pres, CEO & Director (Age 63)
- Mr. William P. Hornby CPA, CFO & Treasurer (Age 51)
- Mr. Brian J. Feeney, Head of Institutional Services Group and Exec. VP of Century Bank & Trust Company (Age 57)
- Mr. Paul A. Evangelista, Exec. VP of retail, operations and marketing - Century Bank & Trust Company (Age 54)
Who are Century Bancorp's major shareholders?
Century Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.00%), Renaissance Technologies LLC (2.41%), Clean Yield Group (1.93%), Heartland Advisors Inc. (1.38%), Russell Investments Group Ltd. (0.77%) and Bank of New York Mellon Corp (0.64%). Company insiders that own Century Bancorp stock include Barry R Sloane, Brian J Feeney, James J Filler, Jon Westling, Linda Sloane Kay and Paul A Evangelista. View Institutional Ownership Trends for Century Bancorp.
Which major investors are selling Century Bancorp stock?
CNBKA stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, LSV Asset Management, Russell Investments Group Ltd., Acadian Asset Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co. and Bank of New York Mellon Corp. View Insider Buying and Selling for Century Bancorp.
Which major investors are buying Century Bancorp stock?
CNBKA stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Heartland Advisors Inc., Renaissance Technologies LLC, Oppenheimer & Co. Inc., Wells Fargo & Company MN, Clean Yield Group, Janney Montgomery Scott LLC and Panagora Asset Management Inc.. Company insiders that have bought Century Bancorp stock in the last two years include Barry R Sloane, Brian J Feeney, James J Filler, Jon Westling, Linda Sloane Kay and Paul A Evangelista. View Insider Buying and Selling for Century Bancorp.
How do I buy shares of Century Bancorp?
Shares of CNBKA 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, Scottrade, Fidelity and Charles Schwab.
What is Century Bancorp's stock price today?
One share of CNBKA stock can currently be purchased for approximately $80.54.
How big of a company is Century Bancorp?
Century Bancorp has a market capitalization of $449.65 million and generates $129.99 million in revenue each year. Century Bancorp employs 447 workers across the globe.
What is Century Bancorp's official website?
How can I contact Century Bancorp?
Century Bancorp's mailing address is 400 MYSTIC AVENUE, MEDFORD MA, 02155. The bank can be reached via phone at 781-391-4000.
MarketBeat Community Rating for Century Bancorp (NASDAQ CNBKA)
MarketBeat's community ratings are surveys of what our community members think about Century Bancorp and other stocks. Vote "Outperform" if you believe CNBKA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNBKA will underperform the S&P 500 over the long term. You may vote once every thirty days.
