CATC Cambridge Bancorp
Cambridge Bancorp is a holding company. The firm engages in the provision of private banking services. It focuses on the wealth management, commercial banking, residential lending, and personal banking services. The company was founded in 1983 and is headquartered in Cambridge, MA.
Company profile
Ticker
CATC
Exchange
Website
CEO
Denis K. Sheahan
Employees
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
CATC stock data
()
Calendar
8 May 20
11 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 26.1M | 26.42M | 26.34M | 24.47M | |
| Net income | 7.23M | 7.11M | 7.68M | 4.27M | |
| Diluted EPS | 1.33 | 1.42 | 1.57 | 0.9 | |
| Net profit margin | 27.71% | 26.92% | 29.15% | 17.46% | |
| Net change in cash | -18.35M | -7.61M | 30.39M | 1.55M | |
| Cash on hand | 42.99M | 61.34M | 68.95M | 38.56M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 96.34M | 69.06M | 61.19M | 57.03M | |
| Net income | 25.26M | 23.88M | 14.82M | 16.9M | |
| Diluted EPS | 5.37 | 5.77 | 3.61 | 4.15 | |
| Net profit margin | 26.22% | 34.58% | 24.21% | 29.63% | |
| Net change in cash | 42.86M | -85.12M | 49.54M | 29.41M | |
| Cash on hand | 61.34M | 18.47M | 103.59M | 54.05M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 20 | Hinderhofer Kathryn M | Common Stock | Grant | Aquire A | No | 0 | 621 | 0 | 4,492 |
| 1 Jun 20 | Gerlin Simon R | Common Stock | Grant | Aquire A | No | 0 | 621 | 0 | 3,115 |
Institutional ownership Q1 2020
47.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 87 |
| Opened positions | 10 |
| Closed positions | 11 |
| Increased positions | 28 |
| Reduced positions | 24 |
13F shares |
Current |
|---|---|
| Total value | 469.52M |
| Total shares | 2.58M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 263.35K | $13.7M |
| Vanguard | 220.18K | $11.45M |
| Polaris Capital Management | 172.91K | $8.99M |
| Manufacturers Life Insurance Company, The | 161.01K | $8.37M |
| FJ Capital Management | 137K | $7.13M |
| Banc Funds | 119.87K | $6.23M |
| Cambridge Trust | 116.81K | $6.08M |
| Stieven Capital Advisors | 115.67K | $6.02M |
| Endeavour Capital Advisors | 98.52K | $5.12M |
| Maltese Capital Management | 90K | $4.68M |
Financial report summary
?Management Discussion
- General. Net income increased $1.0 million, or 16.7%, to $7.2 million for the quarter ended March 31, 2020, as compared to net income of $6.2 million for the quarter ended March 31, 2019, primarily due to a $4.0 million increase in net interest and dividend income after the provision for credit losses, and a $861,000 increase in noninterest income, which were partially offset by a $3.6 million increase in noninterest expenses, and higher income tax expense of $321,000. Diluted earnings per share were $1.33 for the first quarter of 2020, representing a 10.7% decrease over diluted earnings per share of $1.49 for the same quarter last year. The Company completed its merger with Optima in the second quarter of 2019.
Content analysis
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| Constraining | ||
| Legalese | ||
| Litigous | ||
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H.S. freshman Avg
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New words:
abated, accretion, accrual, ACL, aid, America, appointment, assistance, burden, cancellable, cancellation, categorized, charitable, China, closure, codified, complemented, confidence, constitute, customary, decline, declined, dedesignation, deducted, delay, direct, discontinued, disease, dislocation, disrupt, disrupting, disruption, Division, donating, dynamic, ease, encouraged, endeavored, expand, faith, fed, FHLMC, FNMA, forbearance, forward, GNMA, governor, hardship, honor, hospitality, imposition, interval, issuance, joint, judge, lead, lessor, lifted, macroeconomic, MBS, Middlesex, Moody, Moratorium, multifamily, multitude, navigate, NOL, nonoperating, Norfolk, OBS, ongoing, organizational, outbreak, pandemic, passed, Paycheck, pendency, people, permanent, phase, physical, Poor, population, PPP, presence, previously, prudently, reach, recession, recessionary, recover, relief, reopen, reopened, request, requested, restaurant, revert, rule, safety, SBA, shelter, Simplify, Southern, spot, stabilized, statistically, stimulate, strain, Suffolk, supply, temporarily, temporary, travel, treasury, turmoil, twelve, unavailability, uncertainty, unconditional, unconditionally, unearned, unemployment, unfunded, uninterrupted, unprecedented, urged, waiving, Wellesley, World, worth, Wuhan
Removed:
absent, acceptable, acquisition, amend, application, assessed, ATM, authorized, Basel, began, begun, behalf, borrow, card, Carotenuto, case, Certification, character, classification, collect, commencement, comparison, complexity, Comptroller, confirmed, converted, credited, Currency, deepen, deficiency, deserve, documented, duly, earliest, eliminating, emergence, entitled, establish, exercise, expedient, February, Furnish, geography, governed, grantor, grouped, herewith, identification, implementing, Inclusion, incremental, interchange, introduce, judgment, June, leased, leasing, lessee, MA, matched, merchant, Michael, misapply, month, nonemployee, October, OIS, opening, order, outlined, output, overnight, pattern, percent, permit, pertaining, potentially, practical, promised, purpose, readily, recognizing, registrant, Regulation, renewal, requirement, resource, retroactively, retrospectively, ROU, satisfied, separately, serving, Sheahan, SOFR, strive, structured, targeted, testing, thereunto, trustee, unallocated, undersigned, wire
Financial reports
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
17 Mar 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
18 Mar 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
10-Q
2018 Q1
Quarterly report
9 May 18
10-K
2017 FY
Annual report
21 Mar 18
Current reports
8-K
Completion of Acquisition or Disposition of Assets
1 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
19 May 20
8-K
Regulation FD Disclosure
18 May 20
8-K
Cambridge Bancorp Announces First Quarter 2020 Earnings and Declares Dividend
22 Apr 20
8-K
Changes in Registrant's Certifying Accountant
19 Mar 20
8-K
Submission of Matters to a Vote of Security Holders
17 Mar 20
8-K
Other Events
6 Mar 20
8-K
Regulation FD Disclosure
25 Feb 20
8-K
Regulation FD Disclosure
3 Feb 20
8-K
Departure of Directors or Certain Officers
28 Jan 20
Registration and prospectus
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
424B5
Prospectus supplement for primary offering
6 Dec 19
424B5
Prospectus supplement for primary offering
5 Dec 19
425
Business combination disclosure
5 Dec 19
S-3
Shelf registration
22 Oct 19
Other
EFFECT
Notice of effectiveness
5 Feb 20
CORRESP
Correspondence with SEC
3 Feb 20
UPLOAD
Letter from SEC
28 Jan 20
EFFECT
Notice of effectiveness
5 Nov 19
CORRESP
Correspondence with SEC
31 Oct 19
UPLOAD
Letter from SEC
25 Oct 19
EFFECT
Notice of effectiveness
8 May 19
EFFECT
Notice of effectiveness
5 Feb 19
CORRESP
Correspondence with SEC
13 Oct 17
CORRESP
Correspondence with SEC
15 Sep 17
Ownership
3/A
CAMBRIDGE BANCORP / Kathryn M Hinderhofer ownership change
9 Jun 20
3
CAMBRIDGE BANCORP / Thomas J Fontaine ownership change
9 Jun 20
4
CAMBRIDGE BANCORP / Simon R Gerlin ownership change
3 Jun 20
3
CAMBRIDGE BANCORP / Simon R Gerlin ownership change
3 Jun 20
4
CAMBRIDGE BANCORP / Kathryn M Hinderhofer ownership change
3 Jun 20
3
CAMBRIDGE BANCORP / Kathryn M Hinderhofer ownership change
3 Jun 20
4
CAMBRIDGE BANCORP / Laila Partridge ownership change
20 May 20
4
CAMBRIDGE BANCORP / Christine Fuchs ownership change
20 May 20
4
CAMBRIDGE BANCORP / Leon Aghababai Palandjian ownership change
20 May 20
4
CAMBRIDGE BANCORP / Robert Gregg Stone III ownership change
20 May 20