Cambridge: Q2 Earnings Insights
Shares of Cambridge (NASDAQ:CATC) ros0.1% after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 10.20% over the past year to $1.32, which beat the estimate of $0.67.
Revenue of $37,761,000 higher by 35.24% year over year, which beat the estimate of $34,200,000.
Outlook
Cambridge hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $82.80
Company's 52-week low was at $44.20
Price action over last quarter: Up 11.90%
Company Description
Cambridge Bancorp operates as a bank. It offers banking services such as deposit accounts, online and mobile banking, business banking, residential lending, wealth planning and others. The bank generates its revenue in the form of interests.
