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Cambridge Bancorp (CATC)

Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 130-year-old Massachusetts chartered commercial bank with approximately $4.0 billion in assets as of September 30, 2020, and a total of 22 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England's leaders in private banking and wealth management with $3.9 billion in client assets under management and administration as of September 30, 2020. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.

Company profile

Ticker
CATC
Exchange
NASDAQ
Website
www.cambridgetrust.com
CEO
Denis K. Sheahan
Employees
Location
Massachusetts
Fiscal year end
Dec 31
Sector
Finance and Insurance > Commercial Banking
Industry (SIC)
State Commercial Banks
Bank Of New York Mellon • State Street • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Associated Banc-Corp. • First Citizens Bancshares, Inc • SVB Financial • Commerce Bancshares ...
SEC CIK
0000711772
Corporate docs
Subsidiaries
Cambridge Trust Company • CTC Security Corporation ...

CATC stock data

News

From Benzinga Pro
Recap: Cambridge Q2 Earnings
19 Jul 22
Cambridge (NASDAQ:CATC) reported its Q2 earnings results on Tuesday, July 19, 2022 at 07:00 AM. Here's what investors need to know about the announcement.
Cambridge Q2 Adj. EPS $1.90 Beats $1.88 Estimate, Sales $45.33M Beat $44.71M Estimate
19 Jul 22
Cambridge (NASDAQ: CATC) reported quarterly earnings of $1.90 per share which beat the analyst consensus estimate of $1.88 by 1.06 percent. This is a 4.04 percent decrease over earnings of $1.98 per share from the same period last year.
Preview: Cambridge's Earnings
18 Jul 22
Cambridge (NASDAQ:CATC) is set to give its latest quarterly earnings report on Tuesday, 2022-07-19. Here's what investors need to know before the announcement. Analysts estimate that Cambridge will report an earnings per share (EPS) of $1.88.
Benzinga's Top Ratings Upgrades, Downgrades For July 7, 2022
7 Jul 22
Raymond James Downgrades Cambridge to Market Perform
7 Jul 22

Press releases

From Benzinga Pro
Cambridge Bancorp CEO and CFO to attend the Keefe, Bruyette & Woods 2022 Community Bank Investor Conference
2 Aug 22
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
Cambridge Trust provides $12 million debt facility to support Freight Farms' growth
26 Jul 22
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 product offering and
Cambridge Bancorp Announces Second Quarter 2022 Earnings and Declares Quarterly Dividend
19 Jul 22
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 $13.7
Cambridge Trust Welcomes John Traynor to Wealth Management Team
13 Jul 22
Cambridge Bancorp Sets Second Quarter 2022 Earnings Conference Call
7 Jul 22

Calendar

4 Aug 22
19 Aug 22
31 Dec 22

Financial summary

Financial statements Chart CATC financial data
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 25.02M 25.02M 25.02M 25.02M 25.02M 25.02M
Cash burn (monthly) 18.91M 6.15M (no burn) (no burn) 249.67K (no burn)
Cash used (since last report) 31.8M 10.34M n/a n/a 419.83K n/a
Cash remaining -6.77M 14.69M n/a n/a 24.6M n/a
Runway (months of cash) -0.4 2.4 n/a n/a 98.5 n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

CATC insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
26 May 22 Gerlin Simon R Common Stock Buy Acquire P No No 83.65 118 9.87K 4,389
16 May 22 Clough Jeanette Gail Common Stock Grant Acquire A No No 0 509 0 6,226
16 May 22 Fuchs Christine Common Stock Grant Acquire A No No 0 509 0 2,925
16 May 22 Hamlin Pamela Ann Common Stock Grant Acquire A No No 0 509 0 1,925
16 May 22 Gerlin Simon R Common Stock Grant Acquire A No No 0 509 0 4,271
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

CATC institutional ownership history Ownership history
55.5% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 104 105 -1.0%
Opened positions 9 8 +12.5%
Closed positions 10 14 -28.6%
Increased positions 32 30 +6.7%
Reduced positions 33 38 -13.2%
13F shares Current Prev Q Change
Total value 321.55M 568.06M -43.4%
Total shares 3.89M 3.8M +2.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio – – –
Largest owners Shares Value Change
BLK Blackrock 440.07K $36.39M +1.6%
Manufacturers Life Insurance Company, The 379.51K $31.39M +5.4%
Vanguard 328.67K $27.18M -0.3%
Cambridge Trust 258.63K $21.39M -4.9%
FJ Capital Management 242K $20.05M +12.6%
Endeavour Capital Advisors 185.68K $15.36M +0.0%
Polaris Capital Management 177.96K $14.72M -1.7%
STT State Street 137.99K $11.41M +1.7%
Schroder Investment Management 134.07K $11.08M +0.1%
Geode Capital Management 120.73K $9.98M +1.4%
Largest transactions Shares Bought/sold Change
Wellington Management 100.21K +58.08K +137.8%
FJ Capital Management 242K +26.99K +12.6%
Manufacturers Life Insurance Company, The 379.51K +19.28K +5.4%
Millennium Management 0 -15.66K EXIT
Monarch Partners Asset Management 25.11K -14.41K -36.5%
Cambridge Trust 258.63K -13.35K -4.9%
Renaissance Technologies 20.94K -12.9K -38.1%
Dimensional Fund Advisors 94.35K +12.05K +14.6%
BNP Paribas Asset Management Holding 11.1K +11.1K NEW
Cerity Partners 10.6K +10.6K NEW
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: advisor, Andover, BOLI, bond, Central, claim, Commissioner, commonly, complex, death, dedicate, devoted, disruption, divert, efficient, enactment, encountered, entirety, entitled, face, factor, faith, good, governmental, imposition, incremental, maximize, merge, North, Northmark, ongoing, overcome, overcoming, Partnership, pendency, presence, printing, proposed, refinance, seasonal, serving, subsection, successfully, unexpected, uniform, waiver, Winchester
Removed: borrowed, grew, improving, invested, modeling, President
From filing 10-Q 2022 Q2
Financial reports
View all
10-Q
2022 Q2
Quarterly report
4 Aug 22
10-Q
2022 Q1
Quarterly report
5 May 22
10-K
2021 FY
Annual report
14 Mar 22
10-Q
2021 Q3
Quarterly report
4 Nov 21
10-Q
2021 Q2
Quarterly report
5 Aug 21
10-Q
2021 Q1
Quarterly report
6 May 21
10-K
2020 FY
Annual report
15 Mar 21
10-Q
2020 Q3
Quarterly report
6 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
Current reports
View all
8-K
Regulation FD Disclosure
19 Jul 22
8-K
Cambridge Bancorp Announces Second Quarter 2022 Earnings and Declares Quarterly Dividend
19 Jul 22
8-K
Entry into a Material Definitive Agreement
23 May 22
8-K
Submission of Matters to a Vote of Security Holders
17 May 22
8-K
Cambridge Bancorp Announces First Quarter 2022 Earnings and Declares Quarterly Dividend
20 Apr 22
8-K
Regulation FD Disclosure
20 Apr 22
8-K
Departure of Directors or Certain Officers
17 Mar 22
8-K
Cambridge Bancorp Announces 2022 Annual Meeting Date and Renewal of Share Repurchase Plan
15 Mar 22
8-K
Departure of Directors or Certain Officers
9 Feb 22
8-K
Regulation FD Disclosure
25 Jan 22
Registration and prospectus
View all
424B3
Prospectus supplement
11 Jul 22
S-4/A
Registration of securities issued in business combination transactions (amended)
7 Jul 22
S-4
Registration of securities issued in business combination transactions
27 Jun 22
425
Business combination disclosure
23 May 22
425
Business combination disclosure
6 Mar 20
425
Business combination disclosure
28 Feb 20
424B3
Prospectus supplement
4 Feb 20
S-4/A
Registration of securities issued in business combination transactions (amended)
3 Feb 20
S-4/A
Registration of securities issued in business combination transactions (amended)
3 Feb 20
S-4
Registration of securities issued in business combination transactions
22 Jan 20
Proxies
DEFA14A
Additional proxy soliciting materials
16 Mar 22
DEF 14A
Definitive proxy
16 Mar 22
DEF 14A
Definitive proxy
17 Mar 21
DEF 14A
Definitive proxy
19 Mar 20
DEF 14A
Definitive proxy
19 Mar 19
DEF 14A
Definitive proxy
21 Mar 18
Other
View all
EFFECT
Notice of effectiveness
12 Jul 22
EFFECT
Notice of effectiveness
5 Feb 20
CORRESP
Correspondence with SEC
2 Feb 20
UPLOAD
Letter from SEC
27 Jan 20
EFFECT
Notice of effectiveness
5 Nov 19
CORRESP
Correspondence with SEC
30 Oct 19
UPLOAD
Letter from SEC
24 Oct 19
EFFECT
Notice of effectiveness
8 May 19
EFFECT
Notice of effectiveness
5 Feb 19
CORRESP
Correspondence with SEC
31 Jan 19
Ownership
View all
4
CAMBRIDGE BANCORP / Simon R Gerlin ownership change
27 May 22
4
CAMBRIDGE BANCORP / Cathleen Agnes Schmidt ownership change
17 May 22
4
CAMBRIDGE BANCORP / Daniel R. Morrison ownership change
17 May 22
4
CAMBRIDGE BANCORP / Robert Gregg Stone III ownership change
17 May 22
4
CAMBRIDGE BANCORP / Hambleton Douglas Lord ownership change
17 May 22
4
CAMBRIDGE BANCORP / THALIA MEEHAN ownership change
17 May 22
4
CAMBRIDGE BANCORP / Leon Aghababai Palandjian ownership change
17 May 22
4
CAMBRIDGE BANCORP / Laila Partridge ownership change
17 May 22
4
CAMBRIDGE BANCORP / Kathryn M Hinderhofer ownership change
17 May 22
4
CAMBRIDGE BANCORP / Jody A. Rose ownership change
17 May 22

Transcripts

View all
2022 Q2
Earnings call transcript
19 Jul 22
2022 Q1
Earnings call transcript
20 Apr 22
2021 Q4
Earnings call transcript
25 Jan 22
2021 Q3
Earnings call transcript
19 Oct 21
2021 Q2
Earnings call transcript
20 Jul 21

Reddit threads

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