Shares of Cambridge 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.