Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 200 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The stock was bought at an average price of $86.50 per share, with a total value of $17,300.00. Following the acquisition, the insider now directly owns 696,979 shares in the company, valued at approximately $60,288,683.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Century Bancorp stock opened at $85.70 on Monday. The firm has a market cap of $477.09 million, a PE ratio of 12.58 and a beta of 0.93. Century Bancorp, Inc. has a 12-month low of $65.15 and a 12-month high of $95.70. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.58 and a quick ratio of 0.58.
Century Bancorp (NASDAQ:CNBKA) last released its quarterly earnings data on Tuesday, April 9th. The bank reported $1.69 earnings per share (EPS) for the quarter. The business had revenue of $27.87 million during the quarter. Century Bancorp had a net margin of 23.53% and a return on equity of 12.92%.
Separately, BidaskClub upgraded shares of Century Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th.
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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