Century BanCorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 680 shares of the stock in a transaction on Thursday, April 5th. The shares were purchased at an average cost of $78.02 per share, for a total transaction of $53,053.60. Following the acquisition, the insider now directly owns 618,773 shares of the company’s stock, valued at $48,276,669.46. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Century BanCorp stock opened at $78.75 on Monday. The company has a market cap of $438.40, a PE ratio of 14.27 and a beta of 0.74. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.47. Century BanCorp, Inc. has a 1 year low of $53.35 and a 1 year high of $89.40.
Century BanCorp (NASDAQ:CNBKA) last released its quarterly earnings data on Tuesday, January 16th. The bank reported $1.52 earnings per share (EPS) for the quarter. The firm had revenue of $26.11 million for the quarter. Century BanCorp had a net margin of 17.16% and a return on equity of 12.01%.
Separately, BidaskClub upgraded shares of Century BanCorp from a “hold” rating to a “buy” rating in a research report on Tuesday, April 3rd.
Century BanCorp Company Profile
Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.
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