Century Bancorp

Century Bank is a provider of best in class financial services to Its marketplace.

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, today announced that it has completed its acquisition of Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), a full service commercial bank with a full range of business, personal and institutional services. The transaction is valued at approximately $642 million. Eastern and Ce

Eastern Bankshares, Inc. Announces Completion Of Merger With Century Bancorp, Inc.

MEDFORD, Mass.--(BUSINESS WIRE)--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 per Class A share diluted, for the same period a year ago. Total assets increased 12.1% from $6.36 billion at December 31, 2020 to $7.13 billion at September 30, 2021. For the quarter ended September

Century Bancorp, Inc. Announces Record Earnings for Q3 2021, Up 7.8%

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), a full service commercial bank with a full range of business, personal and institutional services, today jointly announced they have received the necessary regulatory approvals from the Commonwealth of Massachusetts Divisio

Eastern Bankshares, Inc. And Century Bancorp, Inc. Announce Regulatory Approvals Received To Merge

MEDFORD, Mass.--(BUSINESS WIRE)--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 on the Company's Class B common stock. The dividends were declared payable October 15, 2021 to shareholders of record on October 1, 2021. About Century Bancorp, Inc. The Company, through its subsidi

Century Bancorp, Inc. Announces Quarterly Dividend Declared

MEDFORD, Mass.--(BUSINESS WIRE)--Century Bancorp, Inc. (NASDAQ:CNBKA) (www.centurybank.com) (“the Company”) today announced net income of $21,593,000 for the six months ended June 30, 2021, or $3.88 per Class A share diluted, an increase of 9.5% compared to net income of $19,722,000, or $3.54 per Class A share diluted, for the same period a year ago. Total assets increased 14.2% from $6.36 billion at December 31, 2020 to $7.26 billion at June 30, 2021. For the quarter ended June 30, 2021, net i

Century Bancorp, Inc. Announces Earnings for Q2 2021, Up 7.6%; Record Loans; Quarterly Dividend Declared

Hingham Institution for Savings

M&T Bank

Signature Bank

SVB Financial Group

The following banks have grown their earnings per share over the past five-year period. According to the GuruFocus discounted cash flow calculator as of June 1, all of them also trade with a margin of safety.

5 Banks Boosting Earnings

FinTech Acquisition Corp. IV

Pacific Mercantile Bancorp

Severn Bancorp

NEW YORK, May 13, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th Floor New York, NY  10036 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Fintech Acquisition Corp. IV (NASDAQ: FTIV)WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Fintech Acquisition Corp. IV (NASDAQ: FTIV) in connection with the company's proposed merger with Perella Weinberg Partners ("Perella"), a privately-held investment bank.

SHAREHOLDER ALERT: WeissLaw LLP Reminds FTIV, PMBC, SVBI, and CNBKA Shareholders About Its Ongoing Investigations

NEW YORK, May 7, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Century Bancorp, Inc. ("CNBKA" or the "Company") (CNBKA) relating to its proposed acquisition by Eastern Bankshares, Inc. Under the terms of the agreement, CNBKA shareholders will receive $115.28 in cash per share they own. The investigation focuses on whether Century Bancorp, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Century Bancorp, Inc. - CNBKA

Nicolet Bankshares

Nuance Communications

Peoples Bancorp

Weingarten Realty

NEW YORK, April 26, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Peoples Bancorp Inc. (NASDAQ: PEBO)  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Premier Financial Bancorp, Inc. If you are a Peoples Bancorp shareholder, click here to learn more about your rights and options . Century Bancorp, Inc. (NASDAQ: CNBKA)  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Eastern Bankshares, Inc. for $115.28 in cash per share.

STOCK ALERT: Halper Sadeh LLP Investigates the Following Companies - PEBO, CNBKA, NUAN, NCBS, WRI

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Century Bancorp, Inc. (NasdaqGS: CNBKA) to Eastern Bankshares, Inc. (NasdaqGS: EBC). Under the terms of the proposed transaction, shareholders of Century will receive only $115.28 in cash for each share of Century that they own. KSF is seeking to determine whether this consideration and the process that led to

CENTURY BANCORP INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Century Bancorp, Inc. - CNBKA

MEDFORD, Mass.--(BUSINESS WIRE)--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 Class A share diluted, for the same period a year ago. Total assets increased 14.6% from $6.36 billion at December 31, 2020 to $7.29 billion at March 31, 2021. The Company's Board of Directors voted a re

Century Bancorp, Inc. Announces Earnings for Q1 2021, Up 11.4%; Record Assets and Deposits; Quarterly Dividend Declared

Eastern Bankshares, Inc.

The acquisition, which comes six months after the buyer went public, will create a $22 billion bank in the Boston area.

Eastern Bankshares Is Buying Century Bancorp. Is it a Good Move?

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Century Bancorp, Inc. (NASDAQ: CNBKA) to Eastern Bankshares, Inc. for $115.28 in cash per share is fair to Century shareholders. Halper Sadeh encourages Century shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whe

Century Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Century Bancorp, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CNBKA

Eastern Bankshares, a Boston-based mutual that is the country's largest of its kind, and Century Bancorp have entered into an agreement to merge companies, with an aggregate transaction value of $642 million, according to a press release. The transaction, which is in-market, comes after Eastern's initial public offering (IPO), which raised around $1.7 billion in […]

Eastern Bankshares, Century Bancorp To Merge With $22 Billion In Assets

NEW YORK, April 8, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Century Bancorp, Inc. ("Century") (NASDAQ: CNBKA) in connection with the proposed acquisition of the Company by Eastern Bankshares, Inc. ("Eastern"). Under the terms of the all-cash merger agreement, Century shareholders will receive $115.28 in cash for each share of Century common stock that they hold.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Century Bancorp, Inc.

ORBCOMM

Merger and acquisition activity is starting to heat up again.

These 2 Stock Deals Are Pumping Up the Nasdaq Thursday

The bank last night announced an acquisition, representing a big shake-up in its local banking scene.

Why This Small Bank Stock Is Surging Today

BOSTON & MEDFORD, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), today jointly announced they have entered into a definitive all-cash merger agreement with an aggregate transaction value of $642 million. This in-market transaction comes less than six months after Eastern

Eastern Bankshares, Inc. and Century Bancorp, Inc. Enter Into Definitive Agreement To Merge

MEDFORD, Mass.--(BUSINESS WIRE)--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 Class A share diluted, for the same period a year ago. Total assets increased 15.8% from $5.49 billion at December 31, 2019 to $6.36 billion at December 31, 2020. For the quarter ended December 31, 2020,

Century Bancorp, Inc. Announces Record Earnings for 2020, Up 6.3%; Record Assets, Loans, and Deposits; Increase in Quarterly Dividend Declared

MEDFORD, Mass.--(BUSINESS WIRE)--Century Bancorp, Inc. (NASDAQ:CNBKA) (www.centurybank.com) (“the Company”) today announced net income of $30,609,000 for the nine months ended September 30, 2020, or $5.50 per Class A share diluted, an increase of 5.7% compared to net income of $28,967,000, or $5.20 per Class A share diluted, for the same period a year ago. Total assets increased 14.6% from $5.49 billion at December 31, 2019 to $6.3 billion at September 30, 2020. For the quarter ended September

Century Bancorp, Inc. Announces Record Earnings for Q3 2020, Up 8%; Record Assets, Loans, and Deposits; Increase in Quarterly Dividend Declared

FRANKLIN, Ind.--(BUSINESS WIRE)--(OTCPINK: TDCB)--Third Century Bancorp (“Company”), the holding company for Mutual Savings Bank (“Bank”), announced it had a record level of net income of $475,000 for the quarter ended June 30, 2020, or $0.40 per basic and diluted share, compared to net income of $240,000 for the quarter ended June 30, 2019, or $0.20 per basic and diluted share.

Third Century Bancorp Releases Earnings for the Quarter and Six-Months Ended June 30, 2020

MEDFORD, Mass.--(BUSINESS WIRE)--Century Bancorp, Inc. (NASDAQ:CNBKA) (www.centurybank.com) (“the Company”) today announced net income of $19,722,000 for the six months ended June 30, 2020, or $3.54 per Class A share diluted, an increase of 4.4% compared to net income of $18,884,000, or $3.39 per Class A share diluted, for the same period a year ago. Total assets increased 8.3% from $5.49 billion at December 31, 2019 to $5.95 billion at June 30, 2020. For the quarter ended June 30, 2020, net in

Century Bancorp, Inc. Announces Increased Earnings for Q2 2020, up 6.2%; Asset Growth to Record $5.9 BB; Increase in Quarterly Dividend Declared

Brookline Bancorp

Meridian Bancorp

HarborOne Bancorp

Independent Bank

Berkshire Hills Bancorp

The Boston bank has a large commercial loan book, but provisioned much less than its peer banks in the first quarter of the year.

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Silvergate Capital Corp

UMB Financial

Westamerica Bancorp

These banks either have a smaller loan-to-asset ratio or make more of their revenue from non-interest income sources.

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Century Bank saw net income increase 2.6% in the first quarter, while many of the big banks reported profit declines ranging from 30% to 90%.

News for Century Bancorp Stock (CNBKA)