Cambridge Bancorp CATC Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Pueyo Pilar

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-1,313

Price:

$63.80
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Sheahan Denis K

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

G - Gift

# or value acquired/disposed of:

-816

Price:

--
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Stone Robert Gregg III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-3,624

Price:

$65.73
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Stone Robert Gregg III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-40

Price:

$66.00
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Stone Robert Gregg III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-5

Price:

$65.95
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Sullivan John Joseph

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

329

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Pueyo Pilar

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

305

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Nevatia Puneet

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

327

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Mooney Kerri

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

588

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Mead Steven J.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

329

Price:

--

Filings by filing date

Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Pueyo Pilar

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-1,313

Price:

$63.80
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Sheahan Denis K

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

G - Gift

# or value acquired/disposed of:

-816

Price:

--
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Stone Robert Gregg III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-3,624

Price:

$65.73
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Stone Robert Gregg III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-40

Price:

$66.00
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Stone Robert Gregg III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-5

Price:

$65.95
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Sullivan John Joseph

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

329

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Pueyo Pilar

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

305

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Nevatia Puneet

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

327

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Mooney Kerri

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

588

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Mead Steven J.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

329

Price:

--

News

Biz Brief

Sector: Financials	Industry: Banks

See Regulatory Filings on SEC

Company Contact

Address:	1336 Massachusetts Ave. CAMBRIDGE MA 02138
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

Denis K. Sheahan Chairman of the Board, President, Chief Executive Officer	Joseph P. Sapienza Interim Chief Financial Officer	Puneet Nevatia Senior Vice President, Chief Information Officer
Danielle Remis Hackel Senior Vice President, Chief Marketing Officer	Pilar Pueyo Senior Vice President, Director - Human Resources	Kerri A. Mooney Senior Vice President, Chief Deposit Officer
John J. Sullivan Senior Vice President, Director - Consumer Lending	Peter Halberstadt Chief Credit Officer	Steven J. Mead Chief Commercial Banking Officer

Business Overview

Cambridge Bancorp is a bank holding company of Cambridge Trust Company (the Bank). The Bank operates approximately 22 banking offices in Eastern Massachusetts and New Hampshire. The Company's core services include Wealth Management, Commercial Banking, and Personal Banking. It offers a range of services to commercial enterprises, non-profit organizations, and individuals. It originates commercial and industrial (C&I) loans, commercial real estate (CRE) loans, construction loans, consumer loans, and residential real estate loans (including one-to-four family and home equity lines of credit), and accepts savings, money market, time, and demand deposits. In addition, it offers a range of commercial and personal banking services, which include cash management, online banking, mobile banking, and global payments. The Bank's clients consist primarily of consumers and small-and medium-sized businesses in these communities and surrounding areas throughout Massachusetts and New Hampshire.

Financial Overview

For the three months ended 31 March 2024, Cambridge Bancorp interest income increased 9% to $56.2M. Net interest income after loan loss provision decreased 21% to $26.9M. Net income applicable to common stockholders decreased 45% to $6.9M. Net interest income after loan loss provision reflects Net Interest Margin, Total - % decrease of 20% to 2.1%, Net Interest Spread, Total - % decrease of 38% to 1.24%, Interest&Dividend-Invest. Sec.

Employees:	407 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$1,025M as of Mar 31, 2024
Annual revenue (TTM):	$223.01M as of Mar 31, 2024
EBITDA (TTM):	N/A
Net annual income (TTM):	$28.56M as of Mar 31, 2024
Free cash flow (TTM):	N/A
Net Debt Last Fiscal Year:	$516.70M as of Mar 31, 2024
Shares outstanding:	7,845,598 as of Mar 31, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization