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Century Bancorp: 1Q Earnings Snapshot

MEDFORD, Mass. (AP) _ Century Bancorp Inc. (CNBKA) on Tuesday reported first-quarter earnings of $9.4 million.

The Medford, Massachusetts-based bank said it had earnings of $1.69 per share.

The bank posted revenue of $43.5 million in the period. Its revenue net of interest expense was $27.9 million, beating Street forecasts.

Century Bancorp shares have climbed 14 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $77.05, a decline of slightly more than 2 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNBKA at https://www.zacks.com/ap/CNBKA