Century Bancorp, Inc. (OQ:CNBKA)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 400 Mystic Ave
MEDFORD MA 02155-6316
Tel: N/A
Website: investors.centurybank.com
IR: See website
<
Key People
Barry R. Sloane
Chairman of the Board, President and Chief Executive Officer, Century Bancorp, Inc. and Century Bank and Trust Company
Linda Sloane Kay
Vice Chair of the Board, Century Bancorp, Inc., and Century Bank and Trust Company
William P. Hornby
Chief Financial Officer, Treasurer of the Company and Century Bank and Trust Company
Paul A. Evangelista
Executive Vice President of Century Bank and Trust Company
Brian J. Feeney
Executive Vice President of Century Bank and Trust Company
David B. Woonton
Executive Vice President of Century Bank and Trust Company
Business Overview
Century Bancorp, Inc. is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north. The Bank's customers consist primarily of small and medium-sized businesses and retail customers, as well as local governments and institutions throughout Massachusetts, New Hampshire, Rhode Island, Connecticut and New York. It provides commercial loans; real estate and construction loans, and consumer loans, and accepts savings, time and demand deposits. In addition, it offers automated lock box collection services, cash management services and account reconciliation services to its corporate and institutional customers.
Financial Overview
For the nine months ended 30 September 2020, CenturyBancorp, Inc. interest income decreased 5% to $112.4M. Netinterest income after loan loss provision increased 12% to$78.4M. Net income increased 6% to $30.6M. Net interestincome after loan loss provision reflects Net InterestSpread, Total - % increase of 2% to 1.82%, SecuritiesHeld-to-Maturity increase of 4% to $44.7M.
Employees: 404 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $460.21M as of Sep 30, 2020
Annual revenue (TTM): $152.94M as of Sep 30, 2020
EBITDA (TTM): N/A
Net annual income (TTM): $41.34M as of Sep 30, 2020
Free cash flow (TTM): $46.13M as of Sep 30, 2020
Net Debt Last Fiscal Year: $165.43M as of Sep 30, 2020
Shares outstanding: 5,567,909 as of Oct 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please subscribe. Our packages start at $1.00 plus tax for the first month.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.