Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 1,748 shares of the firm’s stock in a transaction on Friday, January 5th. The shares were bought at an average cost of $77.00 per share, with a total value of $134,596.00. Following the transaction, the insider now directly owns 603,847 shares of the company’s stock, valued at $46,496,219. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Century Bancorp, Inc. (NASDAQ CNBKA) opened at $77.00 on Tuesday. Century Bancorp, Inc. has a 1-year low of $53.35 and a 1-year high of $89.40. The company has a market capitalization of $358.94, a P/E ratio of 20.16 and a beta of 0.75. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.50.
Century Bancorp (NASDAQ:CNBKA) last issued its quarterly earnings results on Tuesday, October 10th. The bank reported $1.44 EPS for the quarter. Century Bancorp had a return on equity of 11.47% and a net margin of 23.11%. The company had revenue of $25.30 million during the quarter.
A number of brokerages have recently commented on CNBKA. ValuEngine lowered Century Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub lowered Century Bancorp from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 30th.
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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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