CATC
CAMBRIDGE BANCORPCATC
CATC
Delisted
CATC was delisted on the 12th of July, 2024.
About: Cambridge Bancorp is a United States-based bank holding company. Its core services include Wealth Management, Commercial Banking, Residential Lending, and Personal Banking. It provides banking services such as deposit accounts, online and mobile banking, business banking, wealth planning and other services. The company's loan portfolio comprises of Residential & commercial mortgages, Home equity, Commercial & Industrial and Consumer.
Employees: 413
Financial journalist opinion
Neutral
Business Wire
10 months ago
Eastern Bankshares, Inc. Announces Successful Merger With Cambridge Bancorp, And Names David Rosato New Chief Financial Officer
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, today announced the closing of its merger with Cambridge Bancorp (NASDAQ: CATC) (“Cambridge”), the parent company of Cambridge Trust Company (the “Merger”). The all-stock transaction was originally announced on September 19, 2023. “We are excited to have successfully completed Eastern's merger with Cambridge Trust and in doing so, to strategically solidif.

Neutral
Business Wire
11 months ago
Eastern Bankshares, Inc. Announces Newly Appointed Members To Its Board of Directors
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced today the appointment of four members of Cambridge Bancorp's (NASDAQ: CATC) (“Cambridge”) Board of Directors to the Eastern and Eastern Bank Boards of Directors (together, the “Eastern Boards of Directors" or the “Eastern Boards”) effective upon the closing of the companies' pending Merger (the “Merger”). As previously announced on September 19,.

Neutral
Business Wire
1 year ago
Eastern Bankshares, Inc. And Cambridge Bancorp Announce Regulatory Approvals Received To Merge
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, and Cambridge Bancorp (NASDAQ: CATC) (“Cambridge”), the parent company of Cambridge Trust Company, today jointly announced they have received all necessary regulatory approvals to complete their proposed merger (the “Merger”), which was previously announced on September 19, 2023. The Merger is expected to close on or about July 12, 2024. “We are thrilled.

Neutral
PRNewsWire
1 year ago
Eastern Bankshares, Inc. And Cambridge Bancorp Announce Regulatory Approvals Received To Merge
BOSTON , May 28, 2024 /PRNewswire/ -- Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, and Cambridge Bancorp (NASDAQ: CATC) ("Cambridge"), the parent company of Cambridge Trust Company, today jointly announced they have received all necessary regulatory approvals to complete their proposed merger (the "Merger"), which was previously announced on September 19, 2023. The Merger is expected to close on or about July 12, 2024.

Negative
Zacks Investment Research
1 year ago
Cambridge (CATC) Q1 Earnings and Revenues Lag Estimates
Cambridge (CATC) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.62 per share a year ago.
Neutral
PRNewsWire
1 year ago
Cambridge Bancorp Announces First Quarter 2024 Results and Declares Quarterly Dividend
CAMBRIDGE, Mass. , April 23, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company, today announced unaudited net income of $6.9 million for the three months ended March 31, 2024, a decrease of $1.1 million, or 14.3%, as compared to $8.0 million for the three months ended December 31, 2023.

Neutral
PRNewsWire
1 year ago
Cambridge Bancorp Sets First Quarter 2024 Earnings Release Date
CAMBRIDGE, Mass. , April 8, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), expects to report results for the first quarter of 2024 prior to the market open on Tuesday, April 23, 2024.

Positive
Zacks Investment Research
1 year ago
Cambridge (CATC) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Cambridge (CATC) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 year ago
Cambridge (CATC) Beats Q4 Earnings and Revenue Estimates
Cambridge (CATC) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.92 per share a year ago.
Neutral
PRNewsWire
1 year ago
Cambridge Bancorp Announces Results for 2023 and Declares Quarterly Dividend
CAMBRIDGE, Mass. , Jan. 30, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company, today announced unaudited net income of $34.1 million for the year ended December 31, 2023, a decrease of $18.8 million, or 35.5%, as compared to net income of $52.9 million for the year ended December 31, 2022.

Charts implemented using Lightweight Charts™