U.S. Markets closed

Recap: Cambridge Q3 Earnings

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Cambridge (NASDAQ:CATC) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 26.38% year over year to $2.06, which beat the estimate of $1.58.

Revenue of $45,895,000 rose by 46.08% year over year, which beat the estimate of $43,830,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 20, 2020

View more earnings on CATC

Time: 08:00 AM

ET Webcast URL: http://ir.cambridgetrust.com/event

Price Action

Company's 52-week high was at $82.00

52-week low: $44.20

Price action over last quarter: Up 10.30%

Company Overview

Cambridge Bancorp operates as a bank. It offers banking services such as deposit accounts, online and mobile banking, business banking, residential lending, wealth planning and others. The bank generates its revenue in the form of interests.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.