Cambridge Bancorp (CATC) Declares $0.67 Quarterly Dividend; 3.7% Yield

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Cambridge Bancorp Announces Results for 2023 and Declares Quarterly Dividend

January 30, 2024 7:00 AM EST

CAMBRIDGE, Mass., Jan. 30, 2024 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company, today announced unaudited net income of $34.1 million for the year ended December 31, 2023, a decrease of $18.8 million, or 35.5%, as compared to net income of $52.9 million for the year ended December 31, 2022. Diluted earnings per share were $4.34 for the year ended December 31, 2023,... More