Cambridge Bancorp (CATC)

Market Cap	697.50M
Revenue (ttm)	178.57M
Net Income (ttm)	54.85M
Shares Out	6.97M
EPS (ttm)	7.79
PE Ratio	11.27
Forward PE	9.55
Dividend	$2.56 (2.91%)
Ex-Dividend Date	Nov 2, 2022

Volume	8,925
Open	88.34
Previous Close	89.47
Day's Range	86.44 - 89.99
52-Week Range	77.62 - 94.66
Beta	0.49
Analysts	Buy
Price Target	100.30 (+14.2%)
Earnings Date	Jan 23, 2023

About CATC

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides 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; and time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate loans; home equity lines of credit and term loans; commercial and industrial loans; secured and unsecured loans, lines of credit...

• Industry: Banks
• Founded: 1890
• Employees: 379
• Stock Exchange: NASDAQ
• Ticker Symbol: CATC

Financial Performance

In 2021, CATC's revenue was $173.60 million, an increase of 22.73% compared to the previous year's $141.45 million. Earnings were $54.02 million, an increase of 69.04%.

Analyst Forecast

According to 9 analysts, the average rating for CATC stock is "Buy." The 12-month stock price forecast is 100.3, which is an increase of 14.20% from the latest price.

Price Target

$100.3

(14.20% upside)

Analyst Consensus: Buy