This company has been acquired
Cambridge Bancorp Management
Management criteria checks 4/4
Cambridge Bancorp's CEO is Denis Sheahan, appointed in Apr 2015, has a tenure of 9.25 years. total yearly compensation is $1.82M, comprised of 32.4% salary and 67.6% bonuses, including company stock and options. directly owns 0.65% of the company’s shares, worth $3.76M. The average tenure of the management team and the board of directors is 2 years and 8.8 years respectively.
Key information
Denis Sheahan
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 32.38% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
Cause For Concern? One Analyst Thinks Cambridge Bancorp's (NASDAQ:CATC) Revenues Are Under Threat
Apr 24
Cambridge Bancorp's (NASDAQ:CATC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 28Cambridge Bancorp's (NASDAQ:CATC) Dividend Will Be Increased To $0.67
Jan 28Cambridge Bancorp declares $0.64 dividend
Oct 18Cambridge Trust announces $12M financing facility to hydroponic farming firm
Jul 26Cambridge Bancorp declares $0.64 dividend
Jul 19Is Now The Time To Put Cambridge Bancorp (NASDAQ:CATC) On Your Watchlist?
Apr 22Cambridge Bancorp's (NASDAQ:CATC) Dividend Will Be Increased To US$0.64
Jan 28Cambridge Bancorp (NASDAQ:CATC) Will Pay A Larger Dividend Than Last Year At US$0.61
Oct 22Cambridge Bancorp's (NASDAQ:CATC) Dividend Will Be Increased To US$0.61
Jul 23Increases to CEO Compensation Might Be Put On Hold For Now at Cambridge Bancorp (NASDAQ:CATC)
May 11With EPS Growth And More, Cambridge Bancorp (NASDAQ:CATC) Is Interesting
Apr 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$29m |
| Dec 31 2023 | US$2m | US$591k | US$34m |
| Sep 30 2023 | n/a | n/a | US$37m |
| Jun 30 2023 | n/a | n/a | US$45m |
| Mar 31 2023 | n/a | n/a | US$52m |
| Dec 31 2022 | US$2m | US$591k | US$53m |
| Sep 30 2022 | n/a | n/a | US$55m |
| Jun 30 2022 | n/a | n/a | US$53m |
| Mar 31 2022 | n/a | n/a | US$54m |
| Dec 31 2021 | US$2m | US$565k | US$54m |
| Sep 30 2021 | n/a | n/a | US$54m |
| Jun 30 2021 | n/a | n/a | US$54m |
| Mar 31 2021 | n/a | n/a | US$38m |
| Dec 31 2020 | US$2m | US$558k | US$32m |
| Sep 30 2020 | n/a | n/a | US$26m |
| Jun 30 2020 | n/a | n/a | US$20m |
| Mar 31 2020 | n/a | n/a | US$26m |
| Dec 31 2019 | US$2m | US$508k | US$25m |
| Sep 30 2019 | n/a | n/a | US$23m |
| Jun 30 2019 | n/a | n/a | US$22m |
| Mar 31 2019 | n/a | n/a | US$24m |
| Dec 31 2018 | US$2m | US$493k | US$24m |
| Sep 30 2018 | n/a | n/a | US$19m |
| Jun 30 2018 | n/a | n/a | US$18m |
| Mar 31 2018 | n/a | n/a | US$16m |
| Dec 31 2017 | US$1m | US$479k | US$15m |
Compensation vs Market: Denis's total compensation ($USD1.82M) is about average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Sheahan (58 yo)
9.3yrs
Tenure
US$1,823,987
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.3yrs | US$1.82m | 0.65% $ 3.8m | |
| Interim CFO | 1yr | US$613.59k | 0.090% $ 520.2k | |
| Senior VP & Chief Information Officer | no data | US$648.34k | 0.084% $ 482.7k | |
| Senior VP & Chief Deposit Officer | 6yrs | US$666.76k | 0.090% $ 520.3k | |
| CEO of New Hampshire Market & Director | no data | US$83.79k | 0.53% $ 3.1m | |
| Executive VP & Head of Wealth Management | 1.1yrs | US$1.26m | 0% $ 0 | |
| Senior VP & Chief Marketing Officer | 2.6yrs | no data | 0.018% $ 102.0k | |
| Senior VP & Director of Human Resources | no data | no data | 0.069% $ 398.3k | |
| Senior VP & Director of Consumer Lending | 6yrs | no data | 0.066% $ 380.6k | |
| President of Cambridge Trust Wealth Management-Connecticut | 2yrs | no data | no data | |
| Senior VP & Chief Commercial Banking Officer | 1.5yrs | no data | 0.048% $ 276.6k | |
| Senior VP & Chief Credit Officer | 1.5yrs | no data | 0.066% $ 381.8k |
2.0yrs
Average Tenure
55yo
Average Age
Experienced Management: CATC's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.3yrs | US$1.82m | 0.65% $ 3.8m | |
| CEO of New Hampshire Market & Director | 5.2yrs | US$83.79k | 0.53% $ 3.1m | |
| Independent Director | 14.8yrs | US$83.49k | 0.14% $ 788.0k | |
| Independent Director | 16.5yrs | US$81.79k | 0.090% $ 518.0k | |
| Independent Director | 8.3yrs | US$94.84k | 0.062% $ 358.2k | |
| Independent Director | 5yrs | US$91.04k | 0.035% $ 201.5k | |
| Lead Independent Director | 12.5yrs | US$101.59k | 0.090% $ 521.3k | |
| Independent Director | 18.5yrs | US$90.64k | 0.22% $ 1.3m | |
| Independent Director | 4.1yrs | US$87.24k | 0.069% $ 401.1k | |
| Advisory Board Member | no data | no data | no data | |
| Independent Director | 4.1yrs | US$88.54k | 0.080% $ 461.5k | |
| Advisory Board Member | no data | no data | no data |
8.8yrs
Average Tenure
64yo
Average Age
Experienced Board: CATC's board of directors are considered experienced (8.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/15 05:04 |
| End of Day Share Price | 2024/07/15 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cambridge Bancorp is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | D.A. Davidson & Co. |
| Jacob Civiello | Janney Montgomery Scott LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |