Cambridge Bancorp (CATC) Tops Q2 EPS by 18c
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Cambridge Bancorp Announces Operating Results for the Second Quarter and Declares Dividend
July 20, 2021 7:00 AM EDTCAMBRIDGE, Mass., July 20, 2021 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $13,944,000 for the quarter ended June 30, 2021, an increase of $445,000, or 3.3%, as compared to net income of $13,499,000 for the quarter ended March 31, 2021. Diluted earnings per share were $1.98 for the quarter ended June 30, 2021, representing a 3.1% increase over diluted earnings per share of $1.92 for the quarter ended March 31, 2021.
