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CATC / Cambridge Bancorp: A Decent Play In These Uncertain Times

Cambridge Bancorp: A Decent Play In These Uncertain Times
Cambridge Bancorp, a small bank with a market capitalization of $431 million, is seen as a decent investment prospect despite shares remaining down about 32% compared to previous levels. The bank's loan portfolio has grown from $3.15 billion in 2020 to $4.06 billion by the end of 2022, with 44% of its loan portfolio in the form of commercial real estate. Despite initial concerns about a large portion of its deposits being uninsured, Cambridge Bancorp has managed to handle current market conditions without taking on a great deal of debt. Read More
Posted: Jul 8 2023, 03:16
Author Name: Seeking Alpha
Views: 111255

CATC News  

Cambridge (CATC) Beats Q3 Earnings and Revenue Estimates

By Zacks Investment Research
October 17, 2023

Cambridge (CATC) Beats Q3 Earnings and Revenue Estimates

Cambridge (CATC) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnin more_horizontal

Why Cambridge Bancorp Stock Soared 24% This Week

By The Motley Fool
September 22, 2023

Why Cambridge Bancorp Stock Soared 24% This Week

Cambridge Bancorp is merging with Eastern Bank in an all-stock transaction valued at $528 million -- a roughly 24% premium to Cambridge's 30-day volum more_horizontal

Eastern Bankshares (EBC), Cambridge (CATC) Sign Merger Deal

By Zacks Investment Research
September 21, 2023

Eastern Bankshares (EBC), Cambridge (CATC) Sign Merger Deal

Eastern Bankshares (EBC) signs an agreement to merge with Cambridge Bancorp (CATC). The total deal value is $528 million. more_horizontal

Cambridge (CATC) Soars 26.6%: Is Further Upside Left in the Stock?

By Zacks Investment Research
September 21, 2023

Cambridge (CATC) Soars 26.6%: Is Further Upside Left in the Stock?

Cambridge (CATC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the more_horizontal

Cambridge (CATC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
July 18, 2023

Cambridge (CATC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Cambridge (CATC) give a sense of how its business performed in the quarter ended June 2023, it might be worth conside more_horizontal

Cambridge (CATC) Beats Q2 Earnings Estimates

By Zacks Investment Research
July 18, 2023

Cambridge (CATC) Beats Q2 Earnings Estimates

Cambridge (CATC) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnin more_horizontal

Cambridge Bancorp: A Decent Play In These Uncertain Times

By Seeking Alpha
July 8, 2023

Cambridge Bancorp: A Decent Play In These Uncertain Times

Cambridge Bancorp, a small bank with a market capitalization of $431 million, is seen as a decent investment prospect despite shares remaining down ab more_horizontal

Cambridge (CATC) Misses Q1 Earnings and Revenue Estimates

By Zacks Investment Research
April 25, 2023

Cambridge (CATC) Misses Q1 Earnings and Revenue Estimates

Cambridge (CATC) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.94 per share. This compares to earnin more_horizontal


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