Press coverage about Century Bancorp, Inc. Class A (NASDAQ:CNBKA) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Century Bancorp, Inc. Class A earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 45.3033993228332 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
CNBKA stock traded up $0.15 during midday trading on Wednesday, reaching $71.40. 1,010 shares of the company’s stock traded hands, compared to its average volume of 4,663. The firm has a market capitalization of $396.65 million, a PE ratio of 11.95 and a beta of 0.62. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.96. Century Bancorp, Inc. Class A has a 52 week low of $65.20 and a 52 week high of $89.40.
Century Bancorp, Inc. Class A (NASDAQ:CNBKA) last announced its quarterly earnings results on Tuesday, July 10th. The bank reported $1.62 EPS for the quarter. The business had revenue of $26.92 million during the quarter. Century Bancorp, Inc. Class A had a net margin of 17.80% and a return on equity of 12.43%.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 15th. Shareholders of record on Wednesday, August 1st were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, July 31st. This represents a $0.48 dividend on an annualized basis and a yield of 0.67%.
Separately, BidaskClub lowered shares of Century Bancorp, Inc. Class A from a “sell” rating to a “strong sell” rating in a research note on Friday, June 15th.
In related news, major shareholder James J. Filler purchased 1,242 shares of the business’s stock in a transaction that occurred on Friday, August 31st. The shares were bought at an average cost of $71.99 per share, with a total value of $89,411.58. Following the acquisition, the insider now owns 636,997 shares of the company’s stock, valued at $45,857,414.03. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder James J. Filler purchased 1,002 shares of the business’s stock in a transaction that occurred on Thursday, June 7th. The stock was bought at an average cost of $79.00 per share, for a total transaction of $79,158.00. Following the completion of the acquisition, the insider now directly owns 626,987 shares in the company, valued at approximately $49,531,973. The disclosure for this purchase can be found here. Insiders have acquired a total of 14,303 shares of company stock worth $1,086,039 over the last ninety days. Insiders own 36.91% of the company’s stock.
Century Bancorp, Inc. Class A Company Profile
Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.
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