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Century Bancorp, Inc. (NASDAQ:CNBKA) ( www.centurybank.com ) (“the Company”) today announced net income of $10,770,000 for the quarter ended March 31, 2021, or $1.93 per Class A share diluted, an increase of 11.4% compared to net income of $9,666,000, or $1.74 per Clas...
Genworth Financial finally terminates its deal with China Oceanwide. Tribune Publishing Company receives a revised, non-binding proposal from Newslight. Leaf Group to be acquired by Graham Holdings Company. For further details see: Merger Arbitrage Mondays - Leaf Group A...
Boston-based Eastern Bankshares (NASDAQ: EBC) , which went public in October, surprised many with its recent announcement that it plans to purchase neighboring Century Bancorp (NASDAQ: CNBKA) . While many expected Eastern to make a big deal, given that it was sitting on a wa...
Investors have high hopes for economic growth, and the big beneficiary in Thursday's stock market action was the Nasdaq Composite (NASDAQINDEX: ^IXIC) . Other major market benchmarks were mixed, but as of 1:45 p.m. EDT, the Nasdaq was up close to a full percent on the trading day. ...
Gainers: Vericity (VERY) +63%. Rice Acquisition (RICE) +42%. Century Bancorp (CNBKA) +25%. Rodgers Silicon Valley Acquisition (RSVAU) +21%.Losers: Manhattan Bridge Capital (LOAN) -8%. dMY Technology Group (DMYD) -7%. The GEO Group (GEO) -6%. Cohen & Company (COHN) -5%. For further ...
Gainers: Vericity (VERY) +76%.ORBCOMM (ORBC) +52%.Rice Acquisition (RICE) +37%.China Green Agriculture (CGA) +27%.Century Bancorp (CNBKA) +25%.PAR Technology (PAR) +25%.American Virtual Cloud Technologies (AVCT) +21%.180 Life Sciences (ATNF) +20%.Auris Medical (EARS) +18%....
Class A shares of Century Bancorp (NASDAQ: CNBKA) , a $6.3 billion asset bank in the Boston area, jumped nearly 25% in the late morning today after the company announced that it plans to be acquired by Eastern Bankshares (NASDAQ: EBC) . Eastern plans to acquire Century f...
Key Highlights: Merger creates $22 billion combined franchise and solidifies Eastern’s leading position in Boston and Eastern Massachusetts Financially compelling transaction with 55% EPS accretion on a fully synergized basis Eastern announces 33% incr...
Century Bancorp (CNBKA) declares $0.18/share quarterly dividend, 12.5% increase from prior dividend of $0.16.Forward yield 0.9%Payable Feb. 16; for shareholders of record Feb. 1; ex-div Jan. 29.See CNBKA Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Ce...
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...
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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...