Century Bancorp Inc. (NASDAQ:CNBKA) announced its quarterly earnings results on Tuesday. The company reported $3.24 EPS for the quarter. Century Bancorp had a net margin of 21.57% and a return on equity of 10.84%.
Shares of Century Bancorp (NASDAQ:CNBKA) traded down 0.55% on Tuesday, reaching $45.10. 2,803 shares of the company were exchanged. The company’s 50 day moving average is $44.78 and its 200 day moving average is $42.82. The firm has a market capitalization of $251.07 million, a PE ratio of 10.61 and a beta of 0.62. Century Bancorp has a 12-month low of $38.26 and a 12-month high of $45.72.
In other Century Bancorp news, major shareholder James J. Filler acquired 600 shares of Century Bancorp stock in a transaction dated Wednesday, September 7th. The stock was purchased at an average cost of $44.33 per share, for a total transaction of $26,598.00. Following the completion of the acquisition, the insider now directly owns 528,895 shares of the company’s stock, valued at $23,445,915.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder James J. Filler acquired 855 shares of Century Bancorp stock in a transaction dated Monday, August 29th. The shares were acquired at an average price of $44.07 per share, with a total value of $37,679.85. Following the completion of the acquisition, the insider now directly owns 527,611 shares of the company’s stock, valued at $23,251,816.77. The disclosure for this purchase can be found here. Insiders own 36.91% of the company’s stock.
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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