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Cambridge Bancorp

Nasdaq:CATC
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CATC
Nasdaq
$387M
Market Cap
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Last updated 2019/07/22 01:47
Company description

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. The last earnings update was 6 days ago. More info.

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CATC Share Price and Events
7 Day Returns
-1.5%
NasdaqCM:CATC
-1.1%
US Banks
-1.2%
US Market
1 Year Returns
-10.5%
NasdaqCM:CATC
-6.5%
US Banks
3.4%
US Market
CATC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cambridge Bancorp (CATC) -1.5% 0.8% -4.3% -10.5% 69.7% 80.9%
US Banks -1.1% 2.7% -0.4% -6.5% 45.1% 45.5%
US Market -1.2% 0.7% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • CATC underperformed the Banks industry which returned -6.5% over the past year.
  • CATC underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
CATC
Industry
5yr Volatility vs Market

Value

 Is Cambridge Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cambridge Bancorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cambridge Bancorp.

NasdaqCM:CATC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $36.24 * 12.1% 		$4.37
Book Value of Equity per Share Median Book Value from the past 5 years. $36.24
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:CATC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.597 (1 + (1- 21%) (27.48%)) 		0.817
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.817 * 5.96%) 		7.6%

Discounted Cash Flow Calculation for NasdaqCM:CATC using Excess Returns Model Model

The calculations below outline how an intrinsic value for Cambridge Bancorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:CATC Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (12.1% – 7.6%) * $36.24) 		$1.62
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $1.62 / (7.6% - 2.73%) 		$33.22
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $36.24 + $33.22 		$69.47
NasdaqCM:CATC Discount to Share Price
Calculation Result
Value per share (USD) From above. $69.47
Current discount Discount to share price of $79.77
= -1 x ($79.77 - $69.47) / $69.47 		-14.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Cambridge Bancorp is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cambridge Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cambridge Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CATC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $5.26
NasdaqCM:CATC Share Price ** NasdaqCM (2019-07-19) in USD $79.77
United States of America Banks Industry PE Ratio Median Figure of 594 Publicly-Listed Banks Companies 12.72x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cambridge Bancorp.

NasdaqCM:CATC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CATC Share Price ÷ EPS (both in USD)

= 79.77 ÷ 5.26

 15.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cambridge Bancorp is overvalued based on earnings compared to the US Banks industry average.
  • Cambridge Bancorp is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Cambridge Bancorp's expected growth come at a high price?
Raw Data
NasdaqCM:CATC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts		 23.8%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.2x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqCM:CATC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.16x ÷ 23.8%

 0.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cambridge Bancorp is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Cambridge Bancorp's assets?
Raw Data
NasdaqCM:CATC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $48.88
NasdaqCM:CATC Share Price * NasdaqCM (2019-07-19) in USD $79.77
United States of America Banks Industry PB Ratio Median Figure of 594 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,247 Publicly-Listed Companies 1.79x
NasdaqCM:CATC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CATC Share Price ÷ Book Value per Share (both in USD)

= 79.77 ÷ 48.88

 1.63x

* Primary Listing of Cambridge Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cambridge Bancorp is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Cambridge Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
    5. Cambridge Bancorp has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cambridge Bancorp expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cambridge Bancorp expected to grow at an attractive rate?
  • Cambridge Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Cambridge Bancorp's earnings growth is expected to exceed the United States of America market average.
  • Cambridge Bancorp's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CATC Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CATC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 23.8%
NasdaqCM:CATC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -8.8%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 1.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CATC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 weeks ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CATC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 85 32 1
2019-12-31 78 26 1
NasdaqCM:CATC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 100 22
2019-03-31 96 21 24
2018-12-31 95 24 24
2018-09-30 94 23 19
2018-06-30 91 21 18
2018-03-31 89 24 16
2017-12-31 87 30 15
2017-09-30 87 25 18
2017-06-30 85 25 18
2017-03-31 84 25 17
2016-12-31 82 16 17
2016-09-30 81 19 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cambridge Bancorp's earnings are expected to grow significantly at over 20% yearly.
  • Cambridge Bancorp's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CATC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 weeks ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Cambridge Bancorp Company Filings, last reported 3 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CATC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 6.74 6.74 6.74 1.00
2019-12-31 5.65 5.65 5.65 1.00
NasdaqCM:CATC Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 5.26
2019-03-31 5.91
2018-12-31 5.82
2018-09-30 4.77
2018-06-30 4.37
2018-03-31 3.99
2017-12-31 3.64
2017-09-30 4.50
2017-06-30 4.40
2017-03-31 4.29
2016-12-31 4.19
2016-09-30 4.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cambridge Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Show me more growth companies in the Banks industry
X
Future performance checks
We assess Cambridge Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cambridge Bancorp has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cambridge Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cambridge Bancorp's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cambridge Bancorp's year on year earnings growth rate has been positive over the past 5 years.
  • Cambridge Bancorp's 1-year earnings growth exceeds its 5-year average (25.6% vs 8.9%)
  • Cambridge Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (25.6% vs 37.7%).
Earnings and Revenue History
Cambridge Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cambridge Bancorp Company Filings, last reported 3 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CATC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 100.01 22.22 63.64
2019-03-31 96.46 24.04 61.81
2018-12-31 95.08 23.64 60.95
2018-09-30 93.69 19.34 59.50
2018-06-30 91.35 17.70 57.98
2018-03-31 89.13 16.12 56.50
2017-12-31 87.47 14.66 55.52
2017-09-30 86.50 18.10 55.08
2017-06-30 85.22 17.67 54.59
2017-03-31 83.73 17.17 53.86
2016-12-31 82.20 16.71 52.98
2016-09-30 80.51 16.01 52.36
2016-06-30 79.05 15.84 51.27
2016-03-31 77.62 15.60 50.23
2015-12-31 76.44 15.51 49.31
2015-09-30 74.51 15.54 47.43
2015-06-30 73.12 15.11 46.44
2015-03-31 72.24 15.02 45.68
2014-12-31 71.19 14.79 45.00
2014-09-30 70.68 14.59 44.90
2014-06-30 69.33 14.36 44.19
2014-03-31 67.99 14.20 43.15
2013-12-31 67.15 14.02 42.54
2013-09-30 66.62 13.50 42.96
2013-06-30 66.47 13.47 42.93
2013-03-31 66.17 13.45 42.84
2012-12-31 65.56 13.40 42.48
2012-09-30 64.12 13.31 41.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Cambridge Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Cambridge Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Cambridge Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Cambridge Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cambridge Bancorp has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cambridge Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Cambridge Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cambridge Bancorp Company Filings, last reported 3 weeks ago.

NasdaqCM:CATC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 237.09 106.32 38.56
2019-03-31 172.27 11.72 32.60
2018-12-31 167.03 99.37 11.08
2018-09-30 160.78 74.11 4.70
2018-06-30 155.69 7.09 23.97
2018-03-31 150.87 6.84 43.62
2017-12-31 147.96 5.52 92.15
2017-09-30 146.05 17.00 2.11
2017-06-30 142.30 114.55 22.87
2017-03-31 138.43 5.70 29.68
2016-12-31 134.67 5.39 43.98
2016-09-30 136.23 19.33 21.96
2016-06-30 134.05 19.46 26.99
2016-03-31 129.93 5.37 46.42
2015-12-31 125.06 4.23 13.85
2015-09-30 125.33 63.95 18.72
2015-06-30 121.40 135.00 23.82
2015-03-31 119.59 88.00 23.56
2014-12-31 116.26 69.00 6.61
2014-09-30 118.45 115.00 23.22
2014-06-30 117.24 85.00 21.58
2014-03-31 112.56 50.00 25.06
2013-12-31 109.28 0.00 78.13
2013-09-30 103.73 72.00 25.97
2013-06-30 101.56 63.00 22.85
2013-03-31 104.80 18.00 16.53
2012-12-31 104.89 20.00 50.07
2012-09-30 103.89 20.00 20.11
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Cambridge Bancorp has an acceptable proportion of non-loan assets held.
  • Cambridge Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Cambridge Bancorp are broadly funded by customer deposits.
  • Cambridge Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Cambridge Bancorp has a sufficient allowance for bad loans.
  • Cambridge Bancorp has an acceptable level of bad loans (less than 2%).
Show me more healthy companies in the Banks industry
X
Financial health checks
We assess Cambridge Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Cambridge Bancorp has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cambridge Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.56%
Current annual income from Cambridge Bancorp dividends. Estimated to be 2.56% next year.
If you bought $2,000 of Cambridge Bancorp shares you are expected to receive $51 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Cambridge Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Cambridge Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.78%).
Upcoming dividend payment

Purchase Cambridge Bancorp before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CATC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 480 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:CATC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 2.04 1.00
2019-12-31 2.04 1.00
NasdaqCM:CATC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-07-16 2.040 2.548
2019-05-09 2.040 2.496
2019-04-17 2.040 2.447
2019-03-18 2.040 2.498
2019-01-23 2.040 2.575
2018-11-08 2.000 2.420
2018-10-15 2.000 2.358
2018-08-09 2.000 2.246
2018-07-19 2.000 2.217
2018-05-09 1.920 2.200
2018-04-19 1.920 2.194
2018-03-21 1.920 2.223
2018-01-25 1.920 2.339
2017-11-09 1.880 2.453
2017-10-23 1.880 2.601
2017-08-11 1.880 2.695
2017-07-20 1.880 2.823
2017-04-25 1.840 2.715
2017-02-14 1.840 2.835
2016-11-22 1.840 2.949
2016-10-27 1.840 3.384
2016-10-18 1.840 3.505
2016-05-17 1.840 3.831
2016-02-23 1.840 3.939
2015-11-17 1.800 3.765
2015-08-19 1.800 3.706
2015-05-19 1.800 3.931
2015-02-18 1.800 4.034
2014-11-18 1.680 3.700
2014-08-19 1.680 3.626
2014-05-21 1.680 3.749
2014-02-20 1.680 3.815
2013-11-20 1.680 4.094
2013-08-20 1.560 4.001
2013-05-21 1.560 3.994
2013-02-21 1.560 3.883
2012-11-20 1.560 4.128
2012-08-20 1.480 4.186
2012-05-22 1.480 4.412
2012-02-28 1.480 4.318
2011-11-22 1.480 4.381
2011-08-31 1.400 4.093
2011-05-18 1.400 3.995
2011-02-23 1.400 4.053
2010-11-16 1.400 4.137
2010-08-19 1.400 4.347
2010-05-19 1.400 4.242
2010-02-18 1.400 4.619
2009-11-17 1.400 4.702
2009-08-28 1.320 4.853
2009-05-20 1.320 5.274
2009-02-23 1.320 5.901
2008-11-20 1.320 5.491
2008-10-27 1.320 5.083
2008-09-02 1.240 4.644

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Cambridge Bancorp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Show me more dividend paying companies in the Banks industry
X
Income/ dividend checks
We assess Cambridge Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cambridge Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Cambridge Bancorp has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cambridge Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Denis Sheahan
COMPENSATION $1,925,402
AGE 53
TENURE AS CEO 4.3 years
CEO Bio

Mr. Denis K. Sheahan serves as Chief Executive Officer of Cambridge Bancorp and of Cambridge Trust Company. Prior to joining Cambridge Trust Company in 2015, Mr. Sheahan spent 19 years at Independent Bank Corp. and Rockland Trust in various capacities including Chief Operating Officer, Chief Financial Officer and Controller. He has been a Director of Cambridge Bancorp and of Cambridge Trust Company since 2015. Mr. Sheahan currently serves as Board Trustee for the Cambridge Community Foundation. He previously chaired the Old Colony YMCA Board of Directors. In 2016, he received the Whitney M. Young Jr. Service Award by the Old Colony Council, Boy Scouts of America. He is a graduate of the Cork Institute of Technology, Cork, Ireland and received a Master’s of Business Administration degree from Boston University.

CEO Compensation
  • Denis's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Denis's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Cambridge Bancorp management team in years:

2.6
Average Tenure
53
Average Age
  • The tenure for the Cambridge Bancorp management team is about average.
Management Team

Denis Sheahan

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
53
TENURE
4.3 yrs

Mark Thompson

TITLE
President & Director
COMPENSATION
$1M
AGE
62
TENURE
1.8 yrs

Michael Carotenuto

TITLE
Senior VP
COMPENSATION
$614K
AGE
33
TENURE
2.7 yrs

Jennifer Pline

TITLE
Executive VP & Head of Wealth Management
COMPENSATION
$881K
AGE
59
TENURE
2.5 yrs

Martin Millane

TITLE
Executive VP & Chief Lending Officer
COMPENSATION
$773K
AGE
63

Puneet Nevatia

TITLE
Senior VP & Chief Information Officer
AGE
45

Jennifer Willis

TITLE
Senior VP & Chief Marketing Officer
AGE
51

Pilar Pueyo

TITLE
Senior VP & Director of Human Resources
AGE
57

Scott Chamberlin

TITLE
Senior Vice President
AGE
51
TENURE
3.4 yrs

Marc Gearin

TITLE
Senior Vice President of Private Banking
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Cambridge Bancorp board of directors in years:

6.1
Average Tenure
63.5
Average Age
  • The tenure for the Cambridge Bancorp board of directors is about average.
Board of Directors

Mark Thompson

TITLE
President & Director
COMPENSATION
$1M
AGE
62
TENURE
1.8 yrs

Linda Whitlock

TITLE
Director
COMPENSATION
$66K
AGE
71
TENURE
17.5 yrs

Denis Sheahan

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
53
TENURE
4.3 yrs

Ham Lord

TITLE
Director
COMPENSATION
$64K
AGE
58
TENURE
7.2 yrs

Ed Jankowski

TITLE
Director
COMPENSATION
$57K
AGE
68
TENURE
3.3 yrs

Leon Palandjian

TITLE
Director
COMPENSATION
$65K
AGE
50
TENURE
13.5 yrs

Gregg Stone

TITLE
Director
COMPENSATION
$64K
AGE
66
TENURE
9.8 yrs

Jeanette Clough

TITLE
Director
COMPENSATION
$53K
AGE
65
TENURE
11.5 yrs

Sarah Green

TITLE
Director
COMPENSATION
$69K
AGE
72
TENURE
5.1 yrs

Cathleen Schmidt

TITLE
Director
COMPENSATION
$60K
AGE
60
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Cambridge Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Cambridge Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should We Worry About Cambridge Bancorp's (NASDAQ:CATC) P/E Ratio?

We'll apply a basic P/E ratio analysis to Cambridge Bancorp's (NASDAQ:CATC), to help you decide if the stock is worth further research. … See our latest analysis for Cambridge Bancorp How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Cambridge Bancorp: P/E of 13.5 = $79.8 ÷ $5.91 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St - –

Should Cambridge Bancorp (NASDAQ:CATC) Be Part Of Your Dividend Portfolio?

Is Cambridge Bancorp (NASDAQ:CATC) a good dividend stock? How would you know? Dividend paying companies with growing earnings can be highly rewarding in the long term. Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. A slim 2.5% yield is hard to get excited about, but the long payment history is respectable. At the right price, or with strong growth opportunities, Cambridge Bancorp could have potential. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … Dividend Growth Potential While dividend payments have been relatively reliable, it would also be nice if earnings per share (EPS) were growing, as this is essential to maintaining the dividend's purchasing power over the long term. … Conclusion To summarise, shareholders should always check that Cambridge Bancorp's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend.

Simply Wall St - –

Should You Be Pleased About The CEO Pay At Cambridge Bancorp's (NASDAQ:CATC)

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Denis Sheahan's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Cambridge Bancorp has a market cap of US$338m, and is paying total annual CEO compensation of US$1.9m.

Simply Wall St - –

Update: Cambridge Bancorp (NASDAQ:CATC) Stock Gained 81% In The Last Five Years

For example, long term Cambridge Bancorp (NASDAQ:CATC) shareholders have enjoyed a 81% share price rise over the last half decade, well in excess of the market return of around 46% (not including dividends). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over half a decade, Cambridge Bancorp managed to grow its earnings per share at 9.8% a year.

Simply Wall St - –

Could The Cambridge Bancorp (NASDAQ:CATC) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Cambridge Bancorp (NASDAQ:CATC), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership.

Simply Wall St - –

Here's What Cambridge Bancorp's (NASDAQ:CATC) P/E Is Telling Us

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Cambridge Bancorp has a P/E ratio of 14.01, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St - –

Should Cambridge Bancorp (NASDAQ:CATC) Be Part Of Your Portfolio?

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Historically, Cambridge Bancorp (NASDAQ:CATC) has paid a dividend to shareholders. … Let's take a look at Cambridge Bancorp in more detail.

Simply Wall St - –

What You Should Know About Cambridge Bancorp’s (NASDAQ:CATC) Risks

As a small-cap bank with a market capitalisation of US$345m, Cambridge Bancorp’s (NASDAQ:CATC) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Cambridge Bancorp’s bottom line. … Check out our latest analysis for Cambridge Bancorp

Simply Wall St - –

Why Cambridge Bancorp's (NASDAQ:CATC) CEO Pay Matters To You

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Denis Sheahan's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Cambridge Bancorp has a market cap of US$337m, and is paying total annual CEO compensation of US$1.3m.

Simply Wall St - –

Three Understated Metrics For Cambridge Bancorp (NASDAQ:CATC) You Should Know

As a small-cap finance stock with a market capitalisation of US$357m, the risk and profitability of Cambridge Bancorp (NASDAQ:CATC) are largely tied to the underlying economic growth of the region it operates in US. … The Basel III reforms are aimed at banking regulations to improve financial institutions’ ability to absorb shocks caused by economic stress which could expose banks like Cambridge Bancorp to vulnerabilities. … Low levels of leverage coupled with sufficient liquidity may place Cambridge Bancorp in a safe position in the face of adverse headwinds.

Simply Wall St - –

Company Info

Description

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking and savings accounts, certificates of deposit, money market accounts, individual retirement accounts, and time and demand deposits. Its loan products include residential and commercial real estate loans; home equity lines of credit and term loans; commercial and industrial loans; secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. As of March 15, 2019, the company operated 10 Massachusetts locations in Cambridge, Boston, Belmont, Concord, Lexington, and Weston; and wealth management offices in Boston, Massachusetts, as well as in Concord, Manchester, and Portsmouth, New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

Details
Name: Cambridge Bancorp
CATC
Exchange: NasdaqCM
Founded: 1890
$386,902,847
4,850,230
Website: http://www.cambridgetrust.com
Address: Cambridge Bancorp
1336 Massachusetts Avenue,
Cambridge,
Massachusetts, 02138,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CATC Common Stock Nasdaq Capital Market US USD 20. Oct 1998
Number of employees
Current staff
Staff numbers
259
Cambridge Bancorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 01:47
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/07/16
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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