Cambridge Bancorp Sets Fourth Quarter 2023 Earnings Release Date

$CATC
Major Banks
Finance
Get the next $CATC alert in real time by email

CAMBRIDGE, Mass., Jan. 8, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ:CATC), expects to report results for the fourth quarter of 2023 prior to the market open on Tuesday, January 30, 2024.

About Cambridge Bancorp

Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 133-year-old Massachusetts chartered commercial bank with approximately $5.45 billion in assets at September 30, 2023, and a total of 22 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England's leaders in private banking and wealth management with $4.3 billion in client assets under management and administration at September 30, 2023. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.

CONTACT:

Cambridge Bancorp

Joseph P. Sapienza

Interim Chief Financial Officer

617-520-5520

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cambridge-bancorp-sets-fourth-quarter-2023-earnings-release-date-302027565.html

SOURCE Cambridge Bancorp

Get the next $CATC alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$CATC

DatePrice TargetRatingAnalyst
10/6/2023$56.00 → $79.30Mkt Perform → Outperform
Keefe Bruyette
7/18/2023Overweight → Neutral
Piper Sandler
4/27/2023$85.00 → $62.00Outperform → Mkt Perform
Keefe Bruyette
2/16/2023$87.00Buy → Neutral
Janney
12/21/2022Mkt Perform
Raymond James
7/7/2022Outperform → Mkt Perform
Raymond James
1/26/2022$96.00 → $100.00Outperform
Raymond James
10/20/2021$90.00 → $96.00Outperform
Raymond James
More analyst ratings

$CATC
Press Releases

Fastest customizable press release news feed in the world

See more
  • Eastern Bankshares, Inc. Announces Successful Merger With Cambridge Bancorp, And Names David Rosato New Chief Financial Officer

    Eastern Bank Surpasses $25 Billion In Assets Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, today announced the closing of its merger with Cambridge Bancorp (NASDAQ:CATC) ("Cambridge"), the parent company of Cambridge Trust Company (the "Merger"). The all-stock transaction was originally announced on September 19, 2023. "We are excited to have successfully completed Eastern's merger with Cambridge Trust and in doing so, to strategically solidify Eastern's position as Greater Boston's leading local bank and Cambridge Trust Wealth Management as the largest bank-owned independent investment advisor in Massachusetts," sai

    $CATC
    $EBC
    Major Banks
    Finance
    Savings Institutions
  • Eastern Bankshares, Inc. Announces Newly Appointed Members To Its Board of Directors

    Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced today the appointment of four members of Cambridge Bancorp's (NASDAQ:CATC) ("Cambridge") Board of Directors to the Eastern and Eastern Bank Boards of Directors (together, the "Eastern Boards of Directors" or the "Eastern Boards") effective upon the closing of the companies' pending Merger (the "Merger"). As previously announced on September 19, 2023, upon closing of the Merger, Denis Sheahan, Chairman, President and CEO of Cambridge, will become the CEO of Eastern and will join the Eastern Boards of Directors, and three Cambridge directors will be appointed to the

    $CATC
    $EBC
    Major Banks
    Finance
    Savings Institutions
  • Cambridge Bancorp Announces First Quarter 2024 Results and Declares Quarterly Dividend

    CAMBRIDGE, Mass., April 23, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ:CATC) (the "Company"), the parent company of Cambridge Trust Company, today announced unaudited net income of $6.9 million for the three months ended March 31, 2024, a decrease of $1.1 million, or 14.3%, as compared to $8.0 million for the three months ended December 31, 2023. Diluted earnings per share were $0.87 for the three months ended March 31, 2024, representing a 14.7% decrease as compared to $1.02 for the three months ended December 31, 2023. Operating net income, which excludes non-operating i

    $CATC
    Major Banks
    Finance

$CATC
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$CATC
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$CATC
SEC Filings

See more

$CATC
Leadership Updates

Live Leadership Updates

See more
  • Eastern Bankshares, Inc. Announces Successful Merger With Cambridge Bancorp, And Names David Rosato New Chief Financial Officer

    Eastern Bank Surpasses $25 Billion In Assets Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, today announced the closing of its merger with Cambridge Bancorp (NASDAQ:CATC) ("Cambridge"), the parent company of Cambridge Trust Company (the "Merger"). The all-stock transaction was originally announced on September 19, 2023. "We are excited to have successfully completed Eastern's merger with Cambridge Trust and in doing so, to strategically solidify Eastern's position as Greater Boston's leading local bank and Cambridge Trust Wealth Management as the largest bank-owned independent investment advisor in Massachusetts," sai

    $CATC
    $EBC
    Major Banks
    Finance
    Savings Institutions
  • Eastern Bankshares, Inc. Announces Newly Appointed Members To Its Board of Directors

    Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced today the appointment of four members of Cambridge Bancorp's (NASDAQ:CATC) ("Cambridge") Board of Directors to the Eastern and Eastern Bank Boards of Directors (together, the "Eastern Boards of Directors" or the "Eastern Boards") effective upon the closing of the companies' pending Merger (the "Merger"). As previously announced on September 19, 2023, upon closing of the Merger, Denis Sheahan, Chairman, President and CEO of Cambridge, will become the CEO of Eastern and will join the Eastern Boards of Directors, and three Cambridge directors will be appointed to the

    $CATC
    $EBC
    Major Banks
    Finance
    Savings Institutions
  • Lightwave Logic Appoints Respected Industry Executive Laila Partridge to Board of Directors

    Laila Partridge Brings 30+ Years Track Record of Executing Transactions in the Technology Space ENGLEWOOD, Colo., July 19, 2023 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ:LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, today announced the appointment of respected industry executive Laila Partridge to Lightwave Logic's Board of Directors effective August 1, 2023. Ms. Partridge brings over 30 years of executive experience in technology, corporate innovation a

    $CATC
    $LWLG
    Major Banks
    Finance
    Containers/Packaging
    Industrials

$CATC
Financials

Live finance-specific insights

See more
  • Cambridge Bancorp Announces First Quarter 2024 Results and Declares Quarterly Dividend

    CAMBRIDGE, Mass., April 23, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ:CATC) (the "Company"), the parent company of Cambridge Trust Company, today announced unaudited net income of $6.9 million for the three months ended March 31, 2024, a decrease of $1.1 million, or 14.3%, as compared to $8.0 million for the three months ended December 31, 2023. Diluted earnings per share were $0.87 for the three months ended March 31, 2024, representing a 14.7% decrease as compared to $1.02 for the three months ended December 31, 2023. Operating net income, which excludes non-operating i

    $CATC
    Major Banks
    Finance
  • Cambridge Bancorp Announces Results for 2023 and Declares Quarterly Dividend

    CAMBRIDGE, Mass., Jan. 30, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ:CATC) (the "Company"), the parent company of Cambridge Trust Company, today announced unaudited net income of $34.1 million for the year ended December 31, 2023, a decrease of $18.8 million, or 35.5%, as compared to net income of $52.9 million for the year ended December 31, 2022. Diluted earnings per share were $4.34 for the year ended December 31, 2023, representing a 40.5% decrease as compared to $7.30 for the year ended December 31, 2022. Operating net income, which excludes non-operating items, name

    $CATC
    Major Banks
    Finance
  • Eastern Bankshares, Inc. Announces Agreement to Sell the Insurance Operations of Eastern Insurance Group, LLC to Arthur J. Gallagher & Co. and Enters Into Definitive Agreement to Merge with Cambridge Bancorp

    Strategic Repositioning Strengthens Market Position as Greater Boston's Leading Community Bank Eastern Bankshares, Inc. ("Eastern" or the "Company") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced that its wholly owned subsidiary Eastern Insurance Group, LLC ("Eastern Insurance") today entered into a definitive agreement to sell its insurance operations to Arthur J. Gallagher & Co. (NYSE:AJG) ("Gallagher") for approximately $510 million ("the insurance transaction"). Also today, Eastern and Cambridge Bancorp (NASDAQ:CATC) ("Cambridge"), the parent company of Cambridge Trust Company, announced they have entered into a definitive merger agreement pu

    $AJG
    $CATC
    $EBC
    Specialty Insurers
    Finance
    Major Banks
    Savings Institutions

$CATC
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more