Cambridge Bancorp (CATC)

NASDAQ: CATC · IEX Real-Time Price · USD
87.83
-1.64 (-1.83%)
Dec 5, 2022 3:14 PM EST - Market open
-1.83%
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... [Read more]

Industry Banks
Founded 1890
Employees 379
Stock Exchange NASDAQ
Ticker Symbol CATC
Full Company Profile

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%.

Financial Statements

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
Stock Forecasts

News

Cambridge Bancorp CEO and CFO to attend the Piper Sandler Companies 2022 East Coast Financial Services Conference

CAMBRIDGE, Mass. , Oct. 28, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced that Chief Executive Office...

1 month ago - PRNewsWire

Cambridge (CATC) Surpasses Q3 Earnings and Revenue Estimates

Cambridge (CATC) delivered earnings and revenue surprises of 1.46% and 3.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Cambridge Bancorp Announces Third Quarter 2022 Earnings and Declares Quarterly Dividend

CAMBRIDGE, Mass. , Oct. 18, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $14...

1 month ago - PRNewsWire

What Makes Cambridge (CATC) a New Buy Stock

Cambridge (CATC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Cambridge (CATC) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cambridge (CATC) have what it takes?

1 month ago - Zacks Investment Research

Cambridge Bancorp Sets Third Quarter 2022 Earnings Conference Call

CAMBRIDGE, Mass. , Oct. 5, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), expects to report results for the third quarter of 2022 prior to the market open on Tuesday, October 18, 2022.

2 months ago - PRNewsWire

Cambridge Bancorp Announces Andy Zelleke to join its Board of Directors

CAMBRIDGE, Mass. , Oct. 4, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ:CATC) (the "Company"), and its subsidiary, Cambridge Trust Company today announced a new member to its Board of Directors.

2 months ago - PRNewsWire

Cambridge Bancorp Announces Completion of Merger with Northmark Bank

Combined company creates an estimated $5.6 billion banking franchise and expands presence in attractive markets Systems conversion expected to take place in the second quarter of 2023 CAMBRIDGE, Mass. ,...

2 months ago - PRNewsWire

Cambridge Bancorp Announces Receipt of Regulatory Approvals to Merge with Northmark Bank and Anticipated Closing Date

CAMBRIDGE, Mass. , Sept. 28, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), the parent company for Cambridge Trust Company ("Cambridge Trust"), today announced all regulatory approvals relating ...

2 months ago - PRNewsWire

Why Cambridge (CATC) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cambridge (CATC) have what it takes?

2 months ago - Zacks Investment Research

Cambridge Bancorp CEO and CFO to attend the Raymond James U.S. Bank Conference

CAMBRIDGE, Mass. , Sept. 1, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced that Chief Executive Office...

3 months ago - PRNewsWire

Why Cambridge (CATC) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cambridge (CATC) have what it takes?

3 months ago - Zacks Investment Research

Cambridge (CATC) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cambridge (CATC) have what it takes?

3 months ago - Zacks Investment Research

Cambridge Bancorp CEO and CFO to attend the Keefe, Bruyette & Woods 2022 Community Bank Investor Conference

CAMBRIDGE, Mass. , Aug. 2, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced that Chief Executive Officer...

4 months ago - PRNewsWire

Cambridge Trust provides $12 million debt facility to support Freight Farms' growth

CAMBRIDGE, Mass. , July 26, 2022 /PRNewswire/ -- Cambridge Trust Company, a subsidiary of Cambridge Bancorp (NASDAQ: CATC), has provided $12 million in debt financing to Freight Farms to expand its prod...

4 months ago - PRNewsWire

This is Why Cambridge (CATC) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cambridge (CATC) have what it takes?

4 months ago - Zacks Investment Research

Cambridge (CATC) Q2 Earnings Match Estimates

Cambridge (CATC) delivered earnings and revenue surprises of 0% and 1.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Cambridge Bancorp Announces Second Quarter 2022 Earnings and Declares Quarterly Dividend

CAMBRIDGE, Mass. , July 19, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $13...

4 months ago - PRNewsWire

Cambridge Trust Welcomes John Traynor to Wealth Management Team

35-year investment veteran to lead Cambridge Trust's expansion in Connecticut CAMBRIDGE, Mass. , July 13, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), parent of Cambridge Trust Company, today ...

4 months ago - PRNewsWire

Earnings Preview: Cambridge (CATC) Q2 Earnings Expected to Decline

Cambridge (CATC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Cambridge Bancorp Sets Second Quarter 2022 Earnings Conference Call

CAMBRIDGE, Mass. , July 7, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), expects to report results for the second quarter of 2022 prior to the market open on Tuesday, July 19, 2022.

4 months ago - PRNewsWire

Cambridge (CATC) Stock Up on $63M Merger Deal With Northmark

Cambridge (CATC) agrees to buy Northmark in an all-stock transaction valued at $63 million in order to expand its presence in Massachusetts.

6 months ago - Zacks Investment Research

CAMBRIDGE BANCORP AND NORTHMARK BANK SIGN DEFINITIVE AGREEMENT

Cambridge Bancorp to expand in attractive markets CAMBRIDGE, Mass. and NORTH ANDOVER, Mass.

6 months ago - PRNewsWire

Denis K. Sheahan Elected to Massachusetts Bankers Association Board of Directors

CAMBRIDGE, Mass. , May 3, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) and its subsidiary, Cambridge Trust Company, today announced that its Chairman, President and CEO, Denis K.

7 months ago - PRNewsWire

Cambridge (CATC) Q1 Earnings and Revenues Top Estimates

Cambridge (CATC) delivered earnings and revenue surprises of 4.42% and 0.68%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research