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Century Bancorp posts 1Q profit

MEDFORD, Mass. (AP) _ Century Bancorp Inc. (CNBKA) on Tuesday reported first-quarter profit of $6.1 million.

The bank, based in Medford, Massachusetts, said it had earnings of $1.09 per share.

The bank posted revenue of $30.5 million in the period. Its adjusted revenue was $24.4 million.

Century Bancorp shares have increased nearly 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $62.30, a rise of 60 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


Keywords: Century Bancorp, Earnings Report