Cambridge Bancorp

Cambridge Bancorp is a holding company, which engages in the provision of private banking services. It focuses on the wealth management, commercial banking, residential lending, and personal banking services. The company was founded in 1983 and is headquartered in Cambridge, MA.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Cambridge Bancorp reports solid 2022 performance amidst market challenges

Cambridge Bancorp's 2022 performance showcased growth and quality, with a strategic merger enhancing market presence. While facing challenges like market volatility and economic uncertainties, the company is poised to navigate through conservative strategies and maintain financial strength.

Cambridge Bancorp reports stable Q1 performance amidst deposit challenges

Cambridge Bancorp navigated challenges in deposit stability and loan activity slowdown in Q1 2023. Despite these challenges, the company's capital and liquidity remained strong. The completion of the Northmark Bank systems conversion presented growth opportunities for the company.

Cambridge Bancorp faces interest rate challenges but eyes growth opportunities

Cambridge Bancorp navigated challenges in the macro environment, focusing on deposit growth and maintaining credit discipline. While facing headwinds from interest rate uncertainty, the company remains optimistic about future opportunities and is strategically expanding its team to drive growth.

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Cambridge Bancorp is a holding company, which engages in the provision of private banking services. It offers wealth management, commercial, personal banking, and loan services. The company was founded in 1983 and is headquartered in Cambridge, MA.

Lightwave Logic

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.

Lightwave Logic Appoints Respected Industry Executive Laila Partridge to Board of Directors

Cambridge Bancorp (NASDAQ:CATC ) Q2 2023 Earnings Conference Call July 18, 2023 11:00 AM ET Company Participants Denis K. Sheahan - Chairman, President and Chief Executive Officer Pete Halberstadt - Chief Credit Officer Joe Lombardi - Vice President of Finance Conference Call Participants Mark Fitzgibbon - Piper Sandler Steve Moss - Raymond James Chris O'Connell - KBW Operator Welcome to the Cambridge Bancorp Second Quarter 2023 Earnings Conference Call.

Cambridge Bancorp (CATC) Q2 2023 Earnings Conference Call Transcript

Although the revenue and EPS for Cambridge (CATC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Cambridge (CATC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Cambridge (CATC) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.90 per share a year ago.

Cambridge (CATC) Beats Q2 Earnings Estimates

CAMBRIDGE, Mass. , July 18, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $7.1 million for the three months ended June 30, 2023, a decrease of $5.3 million, or 42.7%, as compared to net income of $12.4 million for the three months ended March 31, 2023.

Cambridge Bancorp Announces Second Quarter 2023 Results and Declares Dividend

Cambridge Bancorp, a small bank with a market capitalization of $431 million, is seen as a decent investment prospect despite shares remaining down about 32% compared to previous levels. The bank's loan portfolio has grown from $3.15 billion in 2020 to $4.06 billion by the end of 2022, with 44% of its loan portfolio in the form of commercial real estate. Despite initial concerns about a large portion of its deposits being uninsured, Cambridge Bancorp has managed to handle current market conditions without taking on a great deal of debt.

Cambridge Bancorp: A Decent Play In These Uncertain Times

CAMBRIDGE, Mass. , July 6, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), expects to report results for the second quarter of 2023 prior to the market open on Tuesday, July 18, 2023.

Cambridge Bancorp Sets Second Quarter 2023 Earnings Conference Call

Bank welcomes four seasoned banking relationship managers CAMBRIDGE, Mass. , July 3, 2023 /PRNewswire/ -- Cambridge Trust Company, subsidiary of Cambridge Bancorp (NASDAQ: CATC), announced the expansion of its Relationship Banking Team in support of its current and new business clients' growing needs for customized business solutions and exceptional personal service in Massachusetts and New Hampshire.

Cambridge Trust expands Relationship Banking Team to support growth in business banking

CAMBRIDGE, Mass. , June 5, 2023 /PRNewswire/ -- Cambridge Trust Company, subsidiary of Cambridge Bancorp (NASDAQ: CATC), announces the hiring of Jeffrey Smith as the head of its wealth management group.

Cambridge Trust Company Announces Jeffrey Smith as Head of Wealth Management

Atlantic Union Bankshares Corp

HomeStreet

The big theme for banks right now is higher funding costs, which is pressuring margins. Investors are also keeping a close eye on credit quality.

Why Shares of HomeStreet, Cambridge Bancorp, and Atlantic Union Bankshares Are Sinking This Week

Cambridge Bancorp (CATC) Q1 2023 Earnings Call Transcript.

Cambridge Bancorp (CATC) Q1 2023 Earnings Call Transcript

Cambridge (CATC) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.89 per share a year ago.

Cambridge (CATC) Misses Q1 Earnings and Revenue Estimates

CAMBRIDGE, Mass. , April 25, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $12.4 million for the quarter ended March 31, 2023, an increase of $1.1 million, or 9.7%, as compared to net income of $11.3 million for the quarter ended December 31, 2022.

Cambridge Bancorp Announces First Quarter 2023 Results

Cambridge (CATC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cambridge (CATC) Earnings Expected to Grow: Should You Buy?

CAMBRIDGE, Mass. , April 10, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), expects to report results for the first quarter of 2023 prior to the market open on Tuesday, April 25, 2023.

Cambridge Bancorp Sets First Quarter 2023 Earnings Conference Call

CAMBRIDGE, Mass. , March 14, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent of Cambridge Trust Company, today announced that the Company's 2023 annual meeting of shareholders will be held on May 15, 2023 at 8:30 A.M.

CAMBRIDGE BANCORP ANNOUNCES 2023 ANNUAL MEETING DATE AND RENEWAL OF SHARE REPURCHASE PLAN

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CAMBRIDGE, Mass. , Jan. 31, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced that Chief Executive Officer Denis Sheahan, along with Chief Financial Officer Michael F.

Cambridge Bancorp CEO and CFO to attend the Janney West Coast CEO Forum

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Cambridge Bancorp (NASDAQ:CATC ) Q4 2022 Earnings Conference Call January 24, 2023 11:00 AM ET Company Participants Denis Sheahan - Chairman, President and Chief Executive Officer Michael Carotenuto - Executive Vice President and Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler & Co. Thomas Reid - Raymond James Chris O'Connell - Keefe, Bruyette, & Woods, Inc. Bernard Horn - Polaris Operator Welcome to the Cambridge Bancorp Fourth Quarter Earnings Conference Call. We will be making forward-looking statements during this call and actual results may differ materially.

Cambridge Bancorp (CATC) Q4 2022 Earnings Call Transcript

Cambridge (CATC) delivered earnings and revenue surprises of -5.42% and 0.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Cambridge (CATC) Q4 Earnings and Revenues Miss Estimates

CAMBRIDGE, Mass. , Jan. 24, 2023 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $52.9 million for the year ended December 31, 2022, a decrease of $1.1 million, or 2.1%, as compared to net income of $54.0 million for the year ended December 31, 2021.

Cambridge Bancorp Announces Results for 2022 and Declares Increased Dividend

Cambridge (CATC) Reports Next Week: Wall Street Expects Earnings Growth

CAMBRIDGE, Mass. , Jan. 10, 2023 /PRNewswire/ -- Cambridge Trust Company, a subsidiary of Cambridge Bancorp (NASDAQ: CATC), announces that it has provided financing to MasteryPrep, a technology company focused in the education sector working with hundreds of school districts around the country to level the playing field on college readiness and end-of-course exams.

Cambridge Trust provides financing to support MasteryPrep's growth

News for Cambridge Bancorp Stock (CATC)