Cambridge Bancorp (CATC)

Market Cap	493.94M
Revenue (ttm)	161.63M
Net Income (ttm)	34.11M
Shares Out	7.85M
EPS (ttm)	4.34
PE Ratio	14.50
Forward PE	13.95
Dividend	$2.68 (4.26%)
Ex-Dividend Date	Feb 7, 2024

Volume	11,188
Open	60.29
Previous Close	60.65
Day's Range	60.29 - 62.95
52-Week Range	44.62 - 73.68
Beta	0.58
Analysts	Buy
Price Target	65.00 (+3.26%)
Earnings Date	Apr 23, 2024

About CATC

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that engages in the provision of commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking, savings, money market, trust, and individual retirement accounts, as well as time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate loans; construction loan; residential mortgages and home equity loans; commercial and industrial loans...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1890
• Employees: 407
• Stock Exchange: NASDAQ
• Ticker Symbol: CATC

Financial Performance

In 2023, CATC's revenue was $161.63 million, a decrease of -11.36% compared to the previous year's $182.34 million. Earnings were $34.11 million, a decrease of -35.53%.

Analyst Forecast

According to 2 analysts, the average rating for CATC stock is "Buy." The 12-month stock price forecast is $65.0, which is an increase of 3.26% from the latest price.

Price Target

$65.0

(3.26% upside)

Analyst Consensus: Buy