Century Bancorp, Inc. (CNBKA) Posts Quarterly Earnings Results
Century Bancorp, Inc. (NASDAQ:CNBKA) posted its quarterly earnings data on Tuesday. The bank reported $1.44 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Century Bancorp had a return on equity of 11.18% and a net margin of 22.46%. The business had revenue of $25.30 million for the quarter.
Century Bancorp (CNBKA) opened at 86.80 on Wednesday. The firm has a market cap of $483.22 million, a PE ratio of 17.74 and a beta of 0.73. Century Bancorp has a one year low of $44.55 and a one year high of $86.85. The company has a 50-day moving average price of $72.27 and a 200-day moving average price of $65.80.
COPYRIGHT VIOLATION NOTICE: “Century Bancorp, Inc. (CNBKA) Posts Quarterly Earnings Results” was first reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/10/11/century-bancorp-inc-cnbka-posts-quarterly-earnings-results.html.
In related news, major shareholder James J. Filler purchased 600 shares of the stock in a transaction dated Tuesday, October 3rd. The shares were acquired at an average cost of $80.83 per share, for a total transaction of $48,498.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder James J. Filler purchased 727 shares of the stock in a transaction dated Friday, July 21st. The shares were bought at an average price of $66.29 per share, for a total transaction of $48,192.83. Following the completion of the acquisition, the insider now owns 569,350 shares in the company, valued at $37,742,211.50. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 15,444 shares of company stock worth $1,044,710. 36.91% of the stock is currently owned by corporate insiders.
About Century Bancorp
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.
Receive News & Ratings for Century Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.