Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 1,184 shares of the business’s stock in a transaction dated Wednesday, May 17th. The stock was acquired at an average cost of $60.33 per share, with a total value of $71,430.72. Following the purchase, the insider now directly owns 558,568 shares in the company, valued at approximately $33,698,407.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Century Bancorp, Inc. (NASDAQ:CNBKA) traded up 0.51% during midday trading on Friday, hitting $59.55. 3,912 shares of the stock were exchanged. The firm has a 50-day moving average of $62.41 and a 200-day moving average of $59.71. Century Bancorp, Inc. has a 1-year low of $40.00 and a 1-year high of $64.87. The company has a market capitalization of $331.51 million, a P/E ratio of 13.09 and a beta of 0.55.
Century Bancorp (NASDAQ:CNBKA) last announced its quarterly earnings results on Tuesday, April 11th. The bank reported $1.09 earnings per share for the quarter. Century Bancorp had a net margin of 21.73% and a return on equity of 10.80%. The company had revenue of $24.37 million for the quarter. On average, equities analysts expect that Century Bancorp, Inc. will post $2.31 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 1st were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.81%. The ex-dividend date was Thursday, April 27th. Century Bancorp’s dividend payout ratio is presently 10.91%.
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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