Media coverage about Century Bancorp (NASDAQ:CNBKA) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Century Bancorp earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 45.1081206654569 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Century Bancorp (NASDAQ CNBKA) remained flat at $67.00 during trading on Friday. The stock had a trading volume of 5,500 shares. Century Bancorp has a 52 week low of $44.55 and a 52 week high of $68.69. The company has a market capitalization of $372.99 million, a PE ratio of 13.70 and a beta of 0.69. The company has a 50-day moving average price of $66.41 and a 200-day moving average price of $63.83.
Century Bancorp (NASDAQ:CNBKA) last announced its quarterly earnings data on Tuesday, July 11th. The bank reported $1.47 earnings per share (EPS) for the quarter. The company had revenue of $26.40 million for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. On average, analysts expect that Century Bancorp will post $2.31 earnings per share for the current fiscal year.
Separately, ValuEngine upgraded shares of Century Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
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In other news, major shareholder James J. Filler bought 600 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was purchased at an average price of $63.45 per share, with a total value of $38,070.00. Following the purchase, the insider now owns 565,460 shares of the company’s stock, valued at approximately $35,878,437. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder James J. Filler bought 803 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The stock was purchased at an average cost of $64.44 per share, with a total value of $51,745.32. Following the purchase, the insider now directly owns 564,257 shares in the company, valued at approximately $36,360,721.08. The disclosure for this purchase can be found here. Insiders have acquired a total of 18,184 shares of company stock worth $1,186,412 over the last 90 days. Insiders own 36.91% of the company’s stock.
About Century Bancorp
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.
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