Century Bancorp, Inc. (NASDAQ:CNBKA) announced its quarterly earnings results on Tuesday. The bank reported $1.44 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Century Bancorp had a return on equity of 11.18% and a net margin of 22.46%. The company had revenue of $25.30 million during the quarter.
Century Bancorp (NASDAQ CNBKA) opened at 86.80 on Wednesday. Century Bancorp has a 12 month low of $44.55 and a 12 month high of $86.85. The firm has a market cap of $483.22 million, a price-to-earnings ratio of 17.74 and a beta of 0.73. The firm’s 50-day moving average price is $72.27 and its 200-day moving average price is $65.80.
In other news, major shareholder James J. Filler acquired 511 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were purchased at an average cost of $66.64 per share, for a total transaction of $34,053.04. Following the transaction, the insider now owns 570,561 shares of the company’s stock, valued at $38,022,185.04. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder James J. Filler acquired 600 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was purchased at an average price of $80.83 per share, for a total transaction of $48,498.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 15,444 shares of company stock worth $1,044,710. 36.91% of the stock is owned by corporate insiders.
About Century Bancorp
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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