Century Bancorp, Inc. (CNBKA) Issues Earnings Results

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.

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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.

Earnings History for Century Bancorp (NASDAQ:CNBKA)

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