Century Bancorp (CNBKA) to Release Quarterly Earnings on Monday

Century Bancorp (NASDAQ:CNBKA) is set to post its quarterly earnings results after the market closes on Monday, January 15th.

Century Bancorp (NASDAQ:CNBKA) last issued its earnings results on Tuesday, October 10th. The bank reported $1.44 earnings per share (EPS) for the quarter. Century Bancorp had a net margin of 23.11% and a return on equity of 11.47%. The business had revenue of $25.30 million during the quarter.

Century Bancorp (NASDAQ CNBKA) opened at $80.70 on Friday. The stock has a market cap of $372.32, a price-to-earnings ratio of 21.13 and a beta of 0.75. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.61 and a quick ratio of 0.61. Century Bancorp has a twelve month low of $53.35 and a twelve month high of $89.40.

CNBKA has been the subject of a number of recent research reports. BidaskClub cut shares of Century Bancorp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 30th. ValuEngine cut shares of Century Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

In other Century Bancorp news, major shareholder James J. Filler purchased 300 shares of the firm’s stock in a transaction that occurred on Wednesday, October 25th. The stock was purchased at an average price of $85.07 per share, for a total transaction of $25,521.00. Following the purchase, the insider now directly owns 584,467 shares in the company, valued at $49,720,607.69. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder James J. Filler purchased 2,588 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were acquired at an average price of $84.81 per share, with a total value of $219,488.28. Following the purchase, the insider now owns 585,467 shares in the company, valued at $49,653,456.27. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 27,067 shares of company stock valued at $2,242,686. 36.91% of the stock is owned by company 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.

Earnings History for Century Bancorp (NASDAQ:CNBKA)

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