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Cambridge Bancorp (CATC)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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82.78+0.43 (+0.52%)
At close: 4:00PM EDT
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  • P
    Ponsonby
    CATC has recovered handsomely from the covid-fear induced swoon of last spring and is now approaching all time highs, having just announced another dividend increase. Boston Private, which lost key talent to CATC, cut its dividend 50% and is attempting to sell itself to Silicon Valley Bank in a deal favorable to BPB management but wretched for BPB shareholders. Law firms are lining up BPB shareholders by the droves to bring class action suits against BPB and its feckless management. See the HoldCo report on BPB on Yahoo Finance's BPB tab.

    Hats off to CATC and its superb management team. BPB's painful loss of talent continues to benefit CATC's shareholders.
  • P
    Ponsonby
    CATC is a great company with splendid management. It will come out of this crisis with earnings unimpaired and with an increasing dividend. Boston Private's loss of talent continues to inure to CATC's benefit.
  • P
    Ponsonby
    CATC delivers 30% earnings beat. This is truly great performance in a very difficult time. Management makes a difference, as companies such as Boston Private Bank and Pfizer continue to prove.