CATC News and Press, Cambridge Bancorp From 04/27/23

2023-04-27 13:10:05 ET Several bank stocks plunged this week after reporting first-quarter earnings results. Shares of HomeStreet (NASDAQ: HMST) traded more than 39% lower this week as of 12:44 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence . ...

2023-04-27 12:03:56 ET Keefe, Bruyette & Woods downgraded Cambridge Bancorp ( CATC ) to Market Perform from Outperform, following weaker Q1 results and "materially" lower net interest margin outlook. The rating "reflects significant margin uncertainty and expecta...

2023-04-25 15:24:12 ET Cambridge Bancorp (CATC) Q1 2023 Earnings Conference Call April 25, 2023 11:00 AM ET Company Participants Denis Sheahan - Chairman, President & CEO Michael Carotenuto - CFO Peter Halberstadt - Chief Credit Officer Conference Call ...

2023-04-25 07:09:18 ET Cambridge Bancorp press release ( NASDAQ: CATC ): Q1 Non-GAAP EPS of $1.62 misses by $0.30 . Revenue of $44.97M (+4.0% Y/Y). Return on Average Assets of 0.91% and Operating Return on Average Assets of 0.93%. Return on Average Equity of 9....

Cambridge Bancorp Announces First Quarter 2023 Results PR Newswire CAMBRIDGE, Mass. , April 25, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income...

Cambridge Bancorp Sets First Quarter 2023 Earnings Conference Call PR Newswire CAMBRIDGE, Mass. , April 10, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) , expects to report results for the first quarter of 2023 prior to the market open on Tuesday, ...

2023-03-26 21:23:23 ET Summary Due to the balance sheet positioning, loan re-pricing will outweigh deposit re-pricing in the second year of rate hikes. Therefore, this year’s margin will benefit from last year's rate hikes. High mortgage rates will hurt the residential mort...

CAMBRIDGE BANCORP ANNOUNCES 2023 ANNUAL MEETING DATE AND RENEWAL OF SHARE REPURCHASE PLAN PR Newswire CAMBRIDGE, Mass. , March 14, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent of Cambridge Trust Company, today announced that t...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend C...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list is a m...