CNBKA stock opened at $83.31 on Wednesday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.95. Century Bancorp has a 1 year low of $65.15 and a 1 year high of $95.70. The firm has a market capitalization of $466.96 million, a price-to-earnings ratio of 12.17 and a beta of 0.85. The company has a 50-day moving average of $87.40.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 1st will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, July 31st.
A number of large investors have recently added to or reduced their stakes in CNBKA. BNP Paribas Arbitrage SA raised its position in shares of Century Bancorp by 552.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 600 shares of the bank’s stock worth $44,000 after purchasing an additional 508 shares during the period. Metropolitan Life Insurance Co. NY acquired a new stake in shares of Century Bancorp during the 4th quarter worth approximately $72,000. MetLife Investment Advisors LLC acquired a new stake in shares of Century Bancorp during the 4th quarter worth approximately $99,000. Bessemer Group Inc. acquired a new stake in shares of Century Bancorp during the 2nd quarter worth approximately $105,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Century Bancorp during the 1st quarter worth approximately $130,000. 33.97% of the stock is currently owned by institutional investors.
About Century Bancorp
Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.
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