| Market Capitalization (Millions $) |
1,743 |
| Shares
Outstanding (Millions) |
8 |
| Employees |
386 |
| Revenues (TTM) (Millions $) |
154 |
| Net Income (TTM) (Millions $) |
29 |
| Cash Flow (TTM) (Millions $) |
-41 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Cambridge Bancorp is a public financial services company headquartered in Cambridge, Massachusetts. The company operates as the holding company for its subsidiary, Cambridge Trust Company, which provides a range of financial services to individuals, families, businesses, and non-profit organizations in Massachusetts and New Hampshire.
Cambridge Bancorp was founded in 1890 as a mutual savings bank, and it converted to a publicly traded company in 1983. Today, the bank operates through a network of 15 full-service banking offices, with 11 located in Greater Boston and 4 in New Hampshire.
The bank offers a range of deposit products, including checking, savings, money market, and time deposit accounts. It also provides lending products, such as residential and commercial mortgages, home equity lines of credit, commercial loans, and consumer loans. In addition, the bank offers wealth management services, such as investment management, trust and estate planning, and financial planning.
For businesses, Cambridge Bancorp provides treasury management services, merchant services, and employee benefit services. The bank also serves the nonprofit sector, offering deposit accounts, lending, and investment management services to charities, foundations, and other nonprofit organizations.
Cambridge Bancorp prides itself on its commitment to social responsibility and community involvement. The bank supports local organizations through a variety of charitable contributions and volunteer efforts. In addition, Cambridge Bancorp is a member of the Global Alliance for Banking on Values, a network of financial institutions that prioritizes social, environmental, and economic sustainability.
As of 2021, Cambridge Bancorp had total assets of $4.4 billion and employed over 350 staff members. The bank has consistently received high customer satisfaction ratings, and it has been recognized as a top-performing bank by various industry organizations.
Company Address: 1336 Massachusetts Avenue Cambridge 2138 MA
Company Phone Number: 876-5500 Stock Exchange / Ticker: NASDAQ CATC
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