Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 500 shares of the business’s stock in a transaction on Thursday, October 13th. The stock was acquired at an average price of $45.18 per share, with a total value of $22,590.00. Following the transaction, the insider now directly owns 532,921 shares of the company’s stock, valued at approximately $24,077,370.78. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.31 on Monday. Century Bancorp Inc. has a 52-week low of $38.26 and a 52-week high of $45.72. The firm has a 50-day moving average price of $44.92 and a 200 day moving average price of $42.92. The stock has a market cap of $252.24 million, a PE ratio of 10.66 and a beta of 0.62.
Century Bancorp (NASDAQ:CNBKA) last issued its quarterly earnings results on Tuesday, October 11th. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a return on equity of 10.87% and a net margin of 21.53%. Equities analysts anticipate that Century Bancorp Inc. will post $2.31 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 1st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, October 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.06%. Century Bancorp’s dividend payout ratio (DPR) is 11.16%.
Century Bancorp Company Profile
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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