Century Bancorp Inc (CNBKA) |
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Price: $0.0000
$0.00
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Day's Low: |
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Volume (M): |
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52 Wk High: |
$ 0.00 |
Volume (M$): |
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Open: |
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Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
6 |
Employees |
374 |
Revenues (TTM) (Millions $) |
135 |
Net Income (TTM) (Millions $) |
45 |
Cash Flow (TTM) (Millions $) |
177 |
Capital Exp. (TTM) (Millions $) |
8 |
Century Bancorp Inc
Century Bancorp, Inc. is a Massachusetts state-chartered bank holding company
headquartered in Medford, Massachusetts. The Company is a Massachusetts corporation
formed in 1972 and has one banking subsidiary (the “Bank”): Century
Bank and Trust Company formed in 1969. The Bank’s customers consist primarily
of small and medium-sized businesses and retail customers in these communities
and surrounding areas, as well as local governments and institutions throughout
Massachusetts, New Hampshire, Rhode Island, Connecticut, and New York.
The Company’s results of operations are largely dependent on net interest
income, which is the difference between the interest earned on loans and securities
and interest paid on deposits and borrowings. The results of operations are
also affected by the level of income and fees from loans, deposits, as well
as operating expenses, the provision for loan losses, the impact of federal
and state income taxes and the relative levels of interest rates and economic
activity.
The Company offers a wide range of services to commercial enterprises, state
and local governments and agencies, non-profit organizations and individuals.
It emphasizes service to small and medium-sized businesses and retail customers
in its market area. The Company makes commercial loans, real estate and construction
loans and consumer loans, and accepts savings, time, and demand deposits. In
addition, the Company offers to its corporate and institutional customers automated
lock box collection services, cash management services and account reconciliation
services, and actively promotes the marketing of these services to the municipal
market. Also, the Company provides full service securities brokerage services
through a program called Investment Services at Century Bank, which is supported
by LPL Financial, a third party full-service securities brokerage business.
The Company has municipal cash management client engagements in Massachusetts,
New Hampshire and Rhode Island comprising of approximately 250 government entities.
Company Address: 400 MYSTIC AVENUE MEDFORD 2155 MA
Company Phone Number: 391-4000 Stock Exchange / Ticker: NASDAQ CNBKA
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Customers Net Income grew by |
CNBKA's Customers Net Profit Margin grew to |
80.34 % |
16.55 %
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Stock Performances by Major Competitors |
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Horizon Bancorp Inc
Horizon Bancorp Inc, a regional bank company, has recently seen an increase in its share price over the last month and the last five trading days, despite facing some challenges in its financial performance. The company's shares have seen a 3.35% increase over the course of the last 30 days and a 4.34% increase over the last five trading days. This positive movement in the stock price is a good sign for investors, but it is important to also consider the company's financial results and operational performance in order to fully understand the reasons behind this increase. For the period ending December 31, 2023, Horizon Bancorp Inc reported a shortfall of $-0.57 per share, compared to a profit of $0.48 per share in the previous year. This decrease in earnings per share is concerning and indicates that the company may be facing challenges in generating profits. The revenue also fell sharply by -63.126% to $20.53 million from $55.69 million in the same period a year before. This drop in revenue could be attributed to various factors such as slowing demand or changes in the market environment.
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Ohio Valley Banc Corp
In the face of a challenging landscape for regional banks, Ohio Valley Banc Corp (OVBC) managed to achieve expanding sales in its most recent fiscal period. However, the company experienced a shrinking earnings per share (EPS), raising questions about its future prospects. Let's delve into the financial results to better understand how these developments may impact the company going forward. Expanding Sales, Decreasing EPS: OVBC reported a 9.944% increase in revenue, reaching $14.21 million compared to $12.92 million on a year-over-year basis. While this indicates positive growth, the bottom-line paints a different picture, with EPS decreasing by 7.99% to $0.68 per share from $0.74 in the prior year's reporting season. This discrepancy suggests that OVBC's profitability is not keeping pace with its revenue growth.
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South Plains Financial Inc
South Plains Financial Inc (NASDAQ: SPFI) recently reported its financial results for the fourth quarter of 2023 earnings season, and it was not a pretty picture. Both revenue and earnings took a significant hit, with income falling by -14.8% to $0.62 per share and revenue by -10.343% year on year. Revenue in the fourth quarter of 2023 stood at $43.71 million, compared to $48.75 million in the same period of the previous year. Furthermore, the decline in performance was not just limited to the year-on-year comparison. Compared to the prior quarter, income saw a staggering drop of -20.06% from $0.78 per share, and revenue deteriorated by -10.188% from $48.67 million. Net profits for the financial fourth quarter of 2023 also fell by -18.2% to $10.324 million, down from $12.621 million in the corresponding period a year before.
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First Western Financial Inc
First Western Financial Inc (NASDAQ: MYFW) has recorded a disappointing fiscal span ending December 31, 2023, reflecting significant declines in both revenue and earnings. The company reported a drastic decline of -48.776% in revenue, which plummeted to $13.92 million compared to the previous year. Additionally, MYFW recorded a substantial shortfall per share, falling to $-0.33 from $0.49 in the fourth quarter of 2022. The decline in revenue is evident when comparing it to the preceding quarter, where income per share dropped from $0.32 per share and revenue tumbled by -38.237% from $22.54 million. These figures indicate a concerning trend of decreasing revenue for First Western Financial Inc.
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Coastal Financial Corporation
Coastal Financial Corporation, a Regional Banks company, recently reported its financial results for the quarter ending December 31, 2023. While the company saw a slight increase in revenue of 1.461%, it also experienced a significant decrease in income of -26.98% compared to the same quarter a year prior. Despite the revenue gain, earnings per share (EPS) also fell to $0.65. The behavior of Coastal Financial Corporation, as a Regional Banks company, has come as a surprise to many industry analysts. While other companies in the Regional Banks sector saw an average reduction in business of -8.12%, Coastal Financial Corporation managed to achieve a revenue increase. However, this was not enough to offset the significant decline in income.
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Per Share |
Current |
Earnings (TTM) |
8.06 $ |
Revenues (TTM) |
24.26 $
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Cash Flow (TTM) |
31.86 $ |
Cash |
719.81 $
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Book Value |
72.37 $
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Dividend (TTM) |
0.58 $ |
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Per Share |
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Earnings (TTM) |
8.06 $
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Revenues (TTM) |
24.26 $ |
Cash Flow (TTM) |
31.86 $ |
Cash |
719.81 $
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Book Value |
72.37 $ |
Dividend (TTM) |
0.58 $ |
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