Cambridge Bancorp Announces Quarterly Dividend
Business Wire - Tue Aug 19, 7:00AM CDT
Cambridge Bancorp (OTCBB: CATC) announced that its Board of Directors has approved a quarterly dividend of $0.42 per share. The dividend is payable September 30, 2014 to shareholders of record as of September 10, 2014.
Cambridge Bancorp Reports Second Quarter Earnings
Business Wire - Tue Jul 22, 8:01AM CDT
Cambridge Bancorp (OTCBB: CATC) today reported unaudited net income of $3,641,000 for the second quarter of 2014 compared to $3,475,000 for the same quarter in 2013. The increase in earnings of $166,000 (4.8%) was attributable to growth in both net interest income and noninterest income, offset by an increase in noninterest expense. Diluted earnings per share were $0.92 for the second quarter of 2014 compared to $0.89 for the same quarter in 2013. For the six months ended June 30, 2014, unaudited net income was $7,152,000, an increase of $346,000 (5.1%) compared to $6,806,000 for the first half of 2013. Diluted earnings per share were $1.81 for the first six months of 2014 versus $1.75 for the same period in 2013.
Sarah G. Green Joins Board of Directors of Cambridge Trust Company
Business Wire - Fri Jun 20, 8:00AM CDT
Cambridge Bancorp and its subsidiary, Cambridge Trust Company, announced the appointment of Sarah (Sally) G. Green to its Board of Directors. Green was First Vice President and Chief Operating Officer at the Federal Reserve Bank of Richmond from 2006 - 2013. She had responsibility for the Bank's payments systems, outreach, financial management, information technology, and corporate support services.
Cambridge Bancorp President and CEO Joseph Roller Announces Mid-2015 Retirement Plans
Business Wire - Tue Jun 17, 9:30AM CDT
Cambridge Bancorp President and CEO Joseph V. Roller II announced today his plans to retire by mid-2015, setting the stage for the company's Board of Directors to begin the search for his successor. Roller has been with Cambridge Bancorp and its subsidiary, Cambridge Trust Company, since 2001 when he joined as President and Chief Operating Officer. In 2003, he was named CEO. Roller is the 11th president in the 124-year history of the Bank.
Cambridge Bancorp Announces Record Earnings for Full Year 2013
Business Wire - Tue Jan 28, 7:15AM CST
Cambridge Bancorp (OTCBB: CATC) today announced unaudited net income of $14,140,000 for the year ended December 31, 2013, representing an increase of $737,000, or 5.5%, compared to net income of $13,403,000 for the year ended December 31, 2012. Diluted earnings per share (EPS) were $3.62, a 4.9% increase over diluted earnings per share for the prior year.
Cambridge Bancorp Reports First Quarter Results
Business Wire - Mon Apr 22, 8:47AM CDT
Cambridge Bancorp (OTC BB: CATC) today reported unaudited net income of $3,331,000 for the first quarter of 2013 compared to $3,285,000 for the same quarter in 2012. The modest earnings increase of $46,000 (1.4%) was attributable to a combination of solid growth in noninterest income offset by lower net interest income and higher noninterest expense for the quarter ended March 31, 2013. Diluted earnings per share remained unchanged at $0.85 quarter-over-quarter.
Donald Briggs Joins Board of Directors of Cambridge Trust Company
Business Wire - Mon Feb 25, 1:04PM CST
Cambridge Bancorp and its subsidiary, Cambridge Trust Company, announced the appointment of Donald Briggs to its Board of Directors. Mr. Briggs is senior vice president - development for Federal Realty Investment Trust. Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, and redevelopment of high quality retail real estate in the country's best markets. Mr. Briggs leads the planning and execution of the Trust's development and redevelopment projects.