Cambridge Bancorp (CATC) Stock Price, News & Analysis

Company Overview

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that engages in the provision of commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking, savings, money market, trust, and individual retirement accounts, as well as time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate loans; construction loan; residential mortgages and home equity loans; commercial and industrial loans; consumer loans, such as secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, debit and credit cards, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of banking and wealth management offices located in Massachusetts and New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

Key Stats

• Today's Range: $73.59 to $73.59
• 50-Day Range: $64.13 to $73.90
• 52-Week Range: $48.37 to $75.62
• Volume: N/A
• Average Volume: 30,406 shs
• Market Capitalization: $577.68 million
• P/E Ratio: 20.27
• Dividend Yield: 3.64%
• Price Target: $79.30
• Consensus Rating: Buy

CATC Stock Analysis - Frequently Asked Questions

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) issued its quarterly earnings results on Tuesday, July, 18th. The bank reported $1.23 EPS for the quarter, topping the consensus estimate of $1.18 by $0.05. The bank earned $64.17 million during the quarter, compared to analyst estimates of $39.98 million. Cambridge Bancorp had a net margin of 10.11% and a trailing twelve-month return on equity of 6.67%.

Who are Cambridge Bancorp's major shareholders?

Top institutional investors of Cambridge Bancorp include Dimensional Fund Advisors LP (3.44%), Gardner Lewis Asset Management L P (3.37%), Endeavour Capital Advisors Inc. (2.78%) and American Century Companies Inc. (1.40%). Insiders that own company stock include Denis K Sheahan, Martin B Millane, Robert Gregg Stone III, Michael Carotenuto, Simon R Gerlin, Hambleton Douglas Lord and Kerri Mooney.
View institutional ownership trends.

What other stocks do shareholders of Cambridge Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cambridge Bancorp investors own include InterDigital (IDCC), Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), ArQule (ARQL), Verizon Communications (VZ) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 7/18/2023
• Today: 9/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CATC
• CUSIP: N/A
• CIK: 711772
• Web: www.cambridgetrust.com
• Phone: (617) 876-5500
• Fax: 617-812-2403
• Employees: 380
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $79.30
• High Stock Price Target: $79.30
• Low Stock Price Target: $79.30
• Potential Upside/Downside: +7.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.63
• Trailing P/E Ratio: 20.27
• Forward P/E Ratio: 17.00
• P/E Growth: N/A
• Net Income: $34.11 million
• Net Margins: 10.11%
• Pretax Margin: 13.83%
• Return on Equity: 6.67%
• Return on Assets: 0.65%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.85
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $260.26 million
• Price / Sales: 2.22
• Cash Flow: $5.57 per share
• Price / Cash Flow: 13.22
• Book Value: $68.13 per share
• Price / Book: 1.08

Miscellaneous

• Outstanding Shares: 7,850,000
• Free Float: 7,495,000
• Market Cap: $577.68 million
• Optionable: Optionable
• Beta: 0.65