Century Bancorp Inc. (NASDAQ:CNBKA) announced its earnings results on Tuesday. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a net margin of 21.53% and a return on equity of 10.87%.

Shares of Century Bancorp (NASDAQ:CNBKA) opened at 45.35 on Thursday. The firm has a 50-day moving average of $44.85 and a 200 day moving average of $42.86. Century Bancorp has a 1-year low of $38.26 and a 1-year high of $45.72. The company has a market capitalization of $252.46 million, a P/E ratio of 10.67 and a beta of 0.62.

Earnings History for Century Bancorp (NASDAQ:CNBKA)

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.06%. The ex-dividend date is Friday, October 28th. Century Bancorp’s dividend payout ratio (DPR) is currently 11.16%.

In other news, major shareholder James J. Filler purchased 600 shares of the business’s stock in a transaction on Wednesday, September 7th. The shares were bought at an average price of $44.33 per share, with a total value of $26,598.00. Following the completion of the transaction, the insider now directly owns 528,895 shares in the company, valued at approximately $23,445,915.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder James J. Filler purchased 590 shares of the business’s stock in a transaction on Friday, July 29th. The shares were purchased at an average cost of $43.67 per share, for a total transaction of $25,765.30. Following the transaction, the insider now owns 524,701 shares of the company’s stock, valued at $22,913,692.67. The disclosure for this purchase can be found here. Insiders own 36.91% of the company’s stock.

Century Bancorp Company Profile

Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.

5 Day Chart for NASDAQ:CNBKA

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