Century Bancorp Inc. (CNBKA) Releases Earnings Results
Century Bancorp Inc. (NASDAQ:CNBKA) released its earnings results on Tuesday. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a return on equity of 10.84% and a net margin of 21.57%.
Century Bancorp (NASDAQ:CNBKA) traded down 0.55% during mid-day trading on Tuesday, reaching $45.10. The company’s stock had a trading volume of 2,761 shares. The stock has a market cap of $251.07 million, a price-to-earnings ratio of 10.61 and a beta of 0.62. The firm’s 50 day moving average price is $44.78 and its 200 day moving average price is $42.82. Century Bancorp has a 12-month low of $38.26 and a 12-month high of $45.72.
In other news, major shareholder James J. Filler purchased 622 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The stock was purchased at an average cost of $44.67 per share, for a total transaction of $27,784.74. Following the completion of the transaction, the insider now owns 530,663 shares of the company’s stock, valued at $23,704,716.21. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder James J. Filler purchased 1,146 shares of the company’s stock in a transaction that occurred on Friday, September 9th. The shares were purchased at an average price of $44.44 per share, with a total value of $50,928.24. Following the completion of the transaction, the insider now directly owns 528,910 shares of the company’s stock, valued at approximately $23,504,760.40. The disclosure for this purchase can be found here. 36.91% of the stock is owned by insiders.
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Century Bancorp Company Profile
Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.
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