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Century Bancorp, Inc. (NASDAQ:CNBKA) ( www.centurybank.com ) (“the Company”) today announced net income of $42,209,000 for the year ended December 31, 2020, or $7.58 per Class A share diluted, an increase of 6.3% compared to net income of $39,699,000, or $7.13 per Clas...
Century Bank, New England’s largest family-controlled bank, has elected Dr. Anthony P. Monaco, President of Tufts University, and Dr. O'Neil Britton, Chief Medical Officer and Senior Vice President at Massachusetts General Hospital, to the Century Bancorp Board of Directors and t...
Century Bancorp, Inc. (NASDAQ:CNBKA) ( www.centurybank.com ) (“the Company”) today announced net income of $19,722,000 for the six months ended June 30, 2020, or $3.54 per Class A share diluted, an increase of 4.4% compared to net income of $18,884,000, or $3.39 per Class A shar...
Meridian Bancorp , the parent company of East Boston Savings Bank, has grown like gangbusters over the past five years, from roughly $3.5 billion in total assets in 2015 to more than $6.3 billion at the end of 2019. A lot of the growth has come organically and through new branches, which has en...
InsiderInsights' Daily Round Up articles rate the "Significance" of the Top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the "Significance" of an insider transaction, however, and often not even the most im...
The coronavirus pandemic has had an outsized effect on the banking sector , as lenders brace for loan losses brought on by the economic shutdown. As of Wednesday's close, the KRE regional bank index had declined by more than 40% since Feb. 20, when the market really began to drop. L...
Six of the largest banks in the U.S. have now reported major profit declines in the first quarter of 2020, ranging from 30% to 90% on a year-over-year basis. The news did not exactly come as a surprise considering the impact that the coronavirus pandemic has had on the economy. Banks have been...
Century Bancorp, Inc. (NASDAQ:CNBKA) ( www.centurybank.com ) (“the Company”) today announced net income of $9,666,000 for the quarter ended March 31, 2020, or $1.74 per Class A share diluted, an increase of 2.6% compared to net income of $9,418,000, or $1.69 per Class A share di...
Century Bancorp, Inc. (NASDAQ:CNBKA) ( www.centurybank.com ) (the “Company”) today announced that it will hold its Annual Meeting of Class B Common Stockholders (the “Annual Meeting”) remotely using virtual meeting technology due to the COVID-19 outbreak. The decis...
InsiderInsights' Daily Round-Up articles rate the "Significance" of the Top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the "Significance" of an insider transaction, however, and often not even the most ...
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Century Bancorp, Inc. (NASDAQ:CNBKA)( www.centurybank.com ) (“the Company”) today announced net income of $33,325,000 for the nine months ended September 30, 2021, or $5.99 per Class A share diluted, an increase of 8.9% compared to net income of $30,609,000, or $5.50 p...
One of my favorite mid-cap stocks is the regional bank Eastern Bankshares (NASDAQ: EBC) based in Boston. Since going public in October of 2020, the stock is up more than 70% and I think there is a lot of runway left. This is a stock that can go slow and steady and generate strong re...
Century Bancorp, Inc. (NASDAQ:CNBKA)( www.centurybank.com ) (“the Company”) today announced that the Company's Board of Directors voted a regular quarterly dividend of 18.00 cents ($0.18) per share on the Company's Class A common stock, and 9.00 cents ($0.09) per share...