Shares of Cambridge CATC moved higher by 0.3% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 29.75% over the past year to $2.05, which beat the estimate of $1.95.
Revenue of $44,883,000 rose by 42.30% from the same period last year, which missed the estimate of $45,010,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Cambridge hasn't issued any revenue guidance for the time being.
Recent Stock Performance
Company's 52-week high was at $78.06
Company's 52-week low was at $44.20
Price action over last quarter: Up 19.87%
Company Profile
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.
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