Cambridge Bancorp
Market Cap
US$583.8m
Last Updated
2021/09/19 22:14 UTC
Data Sources
Company Financials +
Executive Summary
Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 0.9% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Cambridge Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CATC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CATC's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
CATC
0.9%
US Banks
-0.6%
US Market
1 Year Return
63.9%
CATC
63.3%
US Banks
33.8%
US Market
Return vs Industry: CATC matched the US Banks industry which returned 63.3% over the past year.
Return vs Market: CATC exceeded the US Market which returned 33.8% over the past year.
Shareholder returns
| CATC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 0.9% | -0.6% |
| 30 Day | -0.5% | 0.5% | 1.0% |
| 90 Day | -4.6% | 1.9% | 3.4% |
| 1 Year | 68.8%63.9% | 67.7%63.3% | 35.8%33.8% |
| 3 Year | 5.0%-3.9% | 21.9%11.4% | 60.0%50.1% |
| 5 Year | 92.8%67.6% | 94.7%70.1% | 123.0%98.7% |
Long-Term Price Volatility Vs. Market
How volatile is Cambridge Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is It Smart To Buy Cambridge Bancorp (NASDAQ:CATC) Before It Goes Ex-Dividend?1 month ago | Simply Wall St
Cambridge Bancorp's (NASDAQ:CATC) Dividend Will Be Increased To US$0.613 months ago | Simply Wall St
Are Insiders Selling Cambridge Bancorp (NASDAQ:CATC) Stock?Valuation
Is Cambridge Bancorp undervalued compared to its fair value and its price relative to the market?
21.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CATC ($83.81) is trading below our estimate of fair value ($107.18)
Significantly Below Fair Value: CATC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CATC's PE Ratio (10.9x) is in line with the US Banks industry average.
PE vs Market: CATC is good value based on its PE Ratio (10.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: CATC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CATC is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.1x).
Future Growth
How is Cambridge Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-0.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CATC's earnings are forecast to decline over the next 3 years (-0.9% per year).
Earnings vs Market: CATC's earnings are forecast to decline over the next 3 years (-0.9% per year).
High Growth Earnings: CATC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CATC's revenue (2.5% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: CATC's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CATC's Return on Equity is forecast to be low in 3 years time (10.9%).
Past Performance
How has Cambridge Bancorp performed over the past 5 years?
20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CATC has high quality earnings.
Growing Profit Margin: CATC's current net profit margins (30.6%) are higher than last year (17.9%).
Past Earnings Growth Analysis
Earnings Trend: CATC's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: CATC's earnings growth over the past year (166.3%) exceeds its 5-year average (20.1% per year).
Earnings vs Industry: CATC earnings growth over the past year (166.3%) exceeded the Banks industry 36%.
Return on Equity
High ROE: CATC's Return on Equity (12.8%) is considered low.
Financial Health
How is Cambridge Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CATC's Assets to Equity ratio (10.3x) is moderate.
Allowance for Bad Loans: CATC has a sufficient allowance for bad loans (641%).
Low Risk Liabilities: 97% of CATC's liabilities are made up of primarily low risk sources of funding.
Loan Level: CATC has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: CATC's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: CATC has an appropriate level of bad loans (0.2%).
Dividend
What is Cambridge Bancorp current dividend yield, its reliability and sustainability?
2.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CATC's dividend (2.91%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: CATC's dividend (2.91%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: CATC's dividends per share have been stable in the past 10 years.
Growing Dividend: CATC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.6%), CATC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CATC's dividends in 3 years are forecast to be well covered by earnings (35% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Denis Sheahan (55 yo)
6.42yrs
Tenure
US$2,249,248
Compensation
Mr. Denis K. Sheahan serves as Chairman and Chief Executive Officer of Cambridge Trust Company and Cambridge Bancorp. since April 27, 2015. He serves as President of Cambridge Trust Company and Cambridge B...
CEO Compensation Analysis
Compensation vs Market: Denis's total compensation ($USD2.25M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CATC's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: CATC's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cambridge Bancorp's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cambridge Bancorp
- Ticker: CATC
- Exchange: NasdaqCM
- Founded: 1890
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$583.783m
- Shares outstanding: 6.97m
- Website: https://www.cambridgetrust.com
Number of Employees
Location
- Cambridge Bancorp
- 1336 Massachusetts Avenue
- Cambridge
- Massachusetts
- 2138
- United States
Listings
Biography
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 d...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/19 22:14 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.