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Century Bancorp

Nasdaq:CNBK.A
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CNBK.A
Nasdaq
$493M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Century Bancorp, Inc. operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The last earnings update was 7 days ago. More info.


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CNBK.A Share Price and Events
7 Day Returns
14.8%
NasdaqGS:CNBK.A
0.9%
US Banks
0.4%
US Market
1 Year Returns
11.4%
NasdaqGS:CNBK.A
-5.2%
US Banks
6.8%
US Market
CNBK.A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Century Bancorp (CNBK.A) 14.8% 18.1% 14.8% 11.4% 124% 156.5%
US Banks 0.9% -0.8% 6.4% -5.2% 45.9% 47%
US Market 0.4% 2.6% 11% 6.8% 38.1% 45.7%
1 Year Return vs Industry and Market
  • CNBK.A outperformed the Banks industry which returned -5.2% over the past year.
  • CNBK.A outperformed the Market in United States of America which returned 6.8% over the past year.
Price Volatility
CNBK.A
Industry
5yr Volatility vs Market

CNBK.A Value

 Is Century 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 Century 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 Century Bancorp.

NasdaqGS:CNBK.A 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
= $46.75 * 9.5%
$4.45
Book Value of Equity per Share Median Book Value from the past 5 years. $46.75
Discount Rate (Cost of Equity) See below 9%
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 NasdaqGS:CNBK.A
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 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.625 (1 + (1- 21%) (92.9%))
1.056
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.056 * 5.96%)
9.02%

Discounted Cash Flow Calculation for NasdaqGS:CNBK.A using Excess Returns Model Model

The calculations below outline how an intrinsic value for Century 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.

NasdaqGS:CNBK.A Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.5% – 9.02%) * $46.75)
$0.23
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.23 / (9.02% - 2.73%)
$3.63
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $46.75 + $3.63
$50.38
NasdaqGS:CNBK.A Discount to Share Price
Calculation Result
Value per share (USD) From above. $50.38
Current discount Discount to share price of $88.49
= -1 x ($88.49 - $50.38) / $50.38
-75.7%

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

  • The current share price of Century 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 Century Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Century Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:CNBK.A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $6.81
NasdaqGS:CNBK.A Share Price ** NasdaqGS (2019-04-16) in USD $88.49
United States of America Banks Industry PE Ratio Median Figure of 587 Publicly-Listed Banks Companies 12.96x
United States of America Market PE Ratio Median Figure of 3,072 Publicly-Listed Companies 18.08x

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

** Primary Listing of Century Bancorp.

NasdaqGS:CNBK.A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CNBK.A Share Price ÷ EPS (both in USD)

= 88.49 ÷ 6.81

12.99x

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

  • Century Bancorp is overvalued based on earnings compared to the US Banks industry average.
  • Century Bancorp is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Century Bancorp's expected growth come at a high price?
Raw Data
NasdaqGS:CNBK.A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.8%per year
United States of America Banks Industry PEG Ratio Median Figure of 260 Publicly-Listed Banks Companies 1.26x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Century Bancorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Century Bancorp's assets?
Raw Data
NasdaqGS:CNBK.A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $55.55
NasdaqGS:CNBK.A Share Price * NasdaqGS (2019-04-16) in USD $88.49
United States of America Banks Industry PB Ratio Median Figure of 592 Publicly-Listed Banks Companies 1.23x
United States of America Market PB Ratio Median Figure of 5,176 Publicly-Listed Companies 1.91x
NasdaqGS:CNBK.A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CNBK.A Share Price ÷ Book Value per Share (both in USD)

= 88.49 ÷ 55.55

1.59x

* Primary Listing of Century Bancorp.

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

  • Century Bancorp is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Century 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. Century Bancorp has a total score of 1/6, 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.

CNBK.A Future Performance

 How is Century Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Century Bancorp, future earnings growth has been estimated based on fundamentals.
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
3.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Century Bancorp expected to grow at an attractive rate?
  • Century Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Century Bancorp's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Century Bancorp's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:CNBK.A Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:CNBK.A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.8%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
NasdaqGS:CNBK.A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 weeks ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:CNBK.A Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 109 38
2018-12-31 107 41 36
2018-09-30 106 29 26
2018-06-30 103 28 25
2018-03-31 103 30 24
2017-12-31 100 22 22
2017-09-30 97 29 29
2017-06-30 95 28 27
2017-03-31 92 22 25
2016-12-31 89 22 25
2016-09-30 88 21 24
2016-06-30 88 22 24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Century Bancorp's earnings are expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Century Bancorp is high growth as no revenue estimate data is available.
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
NasdaqGS:CNBK.A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 weeks ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Century Bancorp Company Filings, last reported 2 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CNBK.A Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 6.81
2018-12-31 6.50
2018-09-30 4.73
2018-06-30 4.45
2018-03-31 4.29
2017-12-31 4.01
2017-09-30 5.17
2017-06-30 4.89
2017-03-31 4.55
2016-12-31 4.41
2016-09-30 4.31
2016-06-30 4.25

*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 Century Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Century 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.
Century Bancorp has a total score of 1/6, 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.

CNBK.A Past Performance

  How has Century 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 Century 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.
  • Century Bancorp's year on year earnings growth rate has been positive over the past 5 years.
  • Century Bancorp's 1-year earnings growth exceeds its 5-year average (58.6% vs 8.9%)
  • Century Bancorp's earnings growth has exceeded the US Banks industry average in the past year (58.6% vs 44.5%).
Earnings and Revenue History
Century 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 Century Bancorp Company Filings, last reported 2 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CNBK.A Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 108.75 37.92 54.14
2018-12-31 107.47 36.21 54.28
2018-09-30 105.72 26.31 54.52
2018-06-30 103.19 24.76 53.83
2018-03-31 102.62 23.91 53.68
2017-12-31 100.38 22.30 51.86
2017-09-30 96.98 28.78 52.14
2017-06-30 95.20 27.24 52.83
2017-03-31 91.84 25.32 52.48
2016-12-31 88.93 24.53 49.69
2016-09-30 88.34 24.01 51.00
2016-06-30 87.72 23.69 50.46
2016-03-31 87.09 23.37 49.85
2015-12-31 85.75 23.02 49.19
2015-09-30 84.33 22.67 47.85
2015-06-30 81.79 22.21 46.14
2015-03-31 79.78 21.89 45.16
2014-12-31 79.46 21.86 44.72
2014-09-30 79.04 21.26 45.12
2014-06-30 78.96 21.08 45.20
2014-03-31 78.02 20.50 44.70
2013-12-31 76.87 20.05 44.29
2013-09-30 75.23 19.80 43.12
2013-06-30 75.48 19.96 42.66
2013-03-31 74.98 19.71 42.38
2012-12-31 73.67 19.04 41.75
2012-09-30 72.90 18.45 40.86
2012-06-30 69.97 17.35 39.70

*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.
  • Century Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Century Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Century 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 Century 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.
Century Bancorp has a total score of 3/6, 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.

CNBK.A Health

 How is Century 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 Century 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 Century Bancorp Company Filings, last reported 2 weeks ago.

NasdaqGS:CNBK.A Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 309.32 457.73 378.36
2018-12-31 300.44 392.70 342.50
2018-09-30 286.88 549.18 211.29
2018-06-30 277.48 683.49 254.28
2018-03-31 268.20 494.70 250.67
2017-12-31 260.30 542.85 356.43
2017-09-30 262.65 622.93 253.13
2017-06-30 254.63 658.92 228.16
2017-03-31 246.33 527.50 67.46
2016-12-31 240.04 511.36 236.15
2016-09-30 233.78 543.40 218.88
2016-06-30 227.19 684.85 87.01
2016-03-31 220.84 610.31 304.65
2015-12-31 214.54 601.93 220.72
2015-09-30 211.13 680.35 113.26
2015-06-30 204.37 805.41 85.07
2015-03-31 197.83 604.12 65.63
2014-12-31 192.50 643.94 305.36
2014-09-30 195.59 568.68 160.96
2014-06-30 188.26 483.59 91.78
2014-03-31 182.08 519.38 163.39
2013-12-31 176.47 505.67 94.68
2013-09-30 166.32 462.39 133.49
2013-06-30 166.23 427.52 171.91
2013-03-31 181.02 405.31 244.79
2012-12-31 179.99 422.62 142.68
2012-09-30 178.11 396.29 261.62
2012-06-30 170.71 417.83 328.66
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.
  • Century Bancorp has an acceptable proportion of non-loan assets held.
  • Century Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Century Bancorp are broadly funded by customer deposits.
  • Century Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Century Bancorp has a sufficient allowance for bad loans.
  • Century Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Century 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. Century 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.

CNBK.A Dividends

 What is Century 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
0.54%
Current annual income from Century Bancorp dividends.
If you bought $2,000 of Century Bancorp shares you are expected to receive $11 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?
  • Century Bancorp's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).
  • Century Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Upcoming dividend payment

Purchase Century 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
NasdaqGS:CNBK.A 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 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 472 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 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 3.6%

Industry and Market average data is calculated daily.

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

NasdaqGS:CNBK.A Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.480 0.581
2018-10-10 0.480 0.630
2018-10-09 0.480 0.589
2018-04-10 0.480 0.626
2018-03-15 0.480 0.613
2018-01-16 0.480 0.612
2017-11-06 0.480 0.581
2017-10-10 0.480 0.562
2017-08-08 0.480 0.684
2017-07-11 0.480 0.720
2017-05-08 0.480 0.768
2017-04-11 0.480 0.756
2017-03-15 0.480 0.787
2017-01-17 0.480 0.776
2016-11-07 0.480 0.847
2016-10-11 0.480 1.056
2016-08-08 0.480 1.076
2016-07-12 0.480 1.094
2016-05-10 0.480 1.139
2016-04-12 0.480 1.156
2016-03-09 0.480 1.230
2016-01-19 0.480 1.212
2015-11-06 0.480 1.096
2015-10-13 0.480 1.104
2015-08-06 0.480 1.173
2015-07-14 0.480 1.158
2015-05-07 0.480 1.219
2015-04-14 0.480 1.217
2014-10-14 0.480 1.228
2014-07-08 0.480 1.348
2014-04-08 0.480 1.402
2014-03-13 0.480 1.400
2014-01-21 0.480 1.383
2013-07-09 0.480 1.428
2013-05-07 0.480 1.392
2013-04-09 0.480 1.423
2012-10-09 0.480 1.478
2012-07-10 0.480 1.536
2012-04-10 0.480 1.702
2012-01-17 0.480 1.766
2011-10-11 0.480 1.757
2011-07-12 0.480 1.897
2011-04-12 0.480 1.873
2011-01-18 0.480 1.790
2010-10-12 0.480 1.920
2010-07-13 0.480 2.209
2010-04-13 0.480 2.357
2010-01-19 0.480 2.397
2009-10-13 0.480 2.159
2009-07-15 0.480 2.132
2009-04-17 0.480 2.908

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

  • Century Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Century Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Century Bancorp's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Century Bancorp's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Century 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 Century Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Century Bancorp has a total score of 0/6, see the detailed checks below.


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

CNBK.A Management

 What is the CEO of Century 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
Barry Sloane
COMPENSATION $1,032,023
AGE 63
TENURE AS CEO 13 years
CEO Bio

Mr. Barry R. Sloane has been the Chief Executive Officer and President at Century Bancorp. Inc. and its subsidiary, Century Bank And Trust Company (Somerville, MA) since May 11, 2010. Mr. Sloane served as a Co-President and Co-Chief Executive Officer of Century Bancorp, Inc. since April 15, 2005 until May 11, 2010. He served as Co-President and Co-Chief Executive Officer of Century Bank since April 15, 2005 until May 11, 2010. From April 2004 to April 2005, Mr. Sloane served as Executive Vice President and Co-Chief Operating Officer for Century Bank and Century Bancorp, Inc. From October 2001 to March 2004, he served as a Managing Director of Steinberg, Priest and Sloane Capital Management, LLC. He was Region Head for the Southeastern United States for the Citigroup Private Bank and Head of North America for Credit Suisse Private Banking. He has been a Director of Century BanCorp. Inc. and of Century Bank & Trust Company (Somerville, MA) since 1997. Mr. Sloane served as an Independent Director at BGC Partners, Inc. from September 27, 2006 to June 4, 2013. Mr. Sloane is Treasurer of the Fisher Center for Alzheimer’s Research Foundation at Rockefeller University. Mr. Sloane is a Director of the American Skin Association and a Member of the Dean's Council of the JF Kennedy School of Government at Harvard University. He is a Trustee of the Fisher Center for Alzheimer’s Research Foundation and the USS Intrepid Museum Foundation. He is Trustee Emeritus of the Beth Israel Deaconess Medical Center. He serves as a Trustee of Hebrew SeniorLife, The General Hospital Corporation (Massachusetts General Hospital), the Savings Bank Employees Retirement System Association (SBERA), and the Wheeler School. He is a Member of the Corporation of Partners Healthcare System. He was awarded the Silver Beaver by the Boston Council, Boy Scouts of America, in 2007. He holds BA and MPA degrees from Harvard University.

CEO Compensation
  • Barry's compensation has been consistent with company performance over the past year.
  • Barry's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

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

13
Average Tenure
56.5
Average Age
  • The average tenure for the Century Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Barry Sloane

TITLE
President
COMPENSATION
$1M
AGE
63
TENURE
13 yrs

William Hornby

TITLE
CFO & Treasurer
COMPENSATION
$490K
AGE
51
TENURE
11.8 yrs

Linda Kay

TITLE
Executive VP & Director
COMPENSATION
$660K
AGE
56

Brian Feeney

TITLE
Head of Institutional Services Group and Executive VP of Century Bank & Trust Company
COMPENSATION
$548K
AGE
57

Paul Evangelista

TITLE
Executive Vice President of Retail
COMPENSATION
$541K
AGE
54

David Woonton

TITLE
Executive VP of Lending - Century Bank & Trust Company
COMPENSATION
$569K
AGE
62

Kenneth Samuelian

TITLE
Senior VP & Compliance Officer

Richard Billig

TITLE
Senior Vice President

James Flynn

TITLE
Senior Vice President

Jason Melius

TITLE
Senior Vice President
TENURE
31.7 yrs
Board of Directors Tenure

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

23.3
Average Tenure
73.5
Average Age
  • The average tenure for the Century Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Linda Kay

TITLE
Executive VP & Director
COMPENSATION
$660K
AGE
56
TENURE
14.3 yrs

George Baldwin

TITLE
Director
COMPENSATION
$41K
AGE
74
TENURE
23.3 yrs

Barry Sloane

TITLE
President
COMPENSATION
$1M
AGE
63
TENURE
22.3 yrs

Fraser Lemley

TITLE
Director
COMPENSATION
$44K
AGE
77
TENURE
23.3 yrs

Joseph Mercurio

TITLE
Director
COMPENSATION
$36K
AGE
69
TENURE
29.3 yrs

Joseph Senna

TITLE
Director
COMPENSATION
$50K
AGE
78
TENURE
33.3 yrs

George Swansburg

TITLE
Director
COMPENSATION
$59K
AGE
75
TENURE
33.3 yrs

Jackie Jenkins-Scott

TITLE
Director
COMPENSATION
$41K
AGE
68
TENURE
12.8 yrs

Stephen Delinsky

TITLE
Director
COMPENSATION
$37K
AGE
73
TENURE
5.8 yrs

Russell Higley

TITLE
Director
COMPENSATION
$38K
AGE
78
TENURE
23.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Century Bancorp insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Apr 19 Buy Barry Sloane Individual 05. Apr 19 05. Apr 19 1 $127.51 $87
05. Apr 19 Buy Paul Evangelista Individual 05. Apr 19 05. Apr 19 3 $127.51 $427
05. Apr 19 Buy James Filler Individual 26. Mar 19 01. Apr 19 1,950 $74.00 $142,056
25. Mar 19 Buy Paul Evangelista Individual 22. Mar 19 22. Mar 19 3 $129.00 $427
25. Mar 19 Buy Barry Sloane Individual 22. Mar 19 22. Mar 19 1 $129.00 $87
22. Mar 19 Buy James Filler Individual 18. Mar 19 22. Mar 19 2,888 $75.25 $208,834
19. Mar 19 Buy Paul Evangelista Individual 18. Mar 19 18. Mar 19 3 $75.69 $197
15. Mar 19 Buy James Filler Individual 11. Mar 19 15. Mar 19 2,000 $77.30 $152,745
11. Mar 19 Buy Barry Sloane Individual 08. Mar 19 08. Mar 19 1 $131.91 $87
11. Mar 19 Buy Paul Evangelista Individual 08. Mar 19 08. Mar 19 3 $131.91 $427
08. Mar 19 Buy James Filler Individual 04. Mar 19 04. Mar 19 17 $77.35 $1,315
08. Mar 19 Buy James Filler Individual 05. Mar 19 08. Mar 19 837 $77.85 $64,761
01. Mar 19 Buy James Filler Individual 28. Feb 19 28. Feb 19 279 $76.95 $21,469
01. Mar 19 Buy James Filler Individual 26. Feb 19 01. Mar 19 1,103 $78.06 $85,080
25. Feb 19 Buy Paul Evangelista Individual 22. Feb 19 22. Feb 19 3 $130.09 $427
25. Feb 19 Buy Barry Sloane Individual 22. Feb 19 22. Feb 19 1 $130.09 $87
21. Feb 19 Buy James Filler Individual 13. Feb 19 21. Feb 19 1,433 $77.40 $110,399
20. Feb 19 Buy Paul Evangelista Individual 19. Feb 19 20. Feb 19 10 $77.90 $780
20. Feb 19 Buy Barry Sloane Individual 20. Feb 19 20. Feb 19 0 $77.35 $0
20. Feb 19 Buy Linda Kay Individual 20. Feb 19 20. Feb 19 1 $77.35 $75
20. Feb 19 Buy Jonathan Kay Individual 20. Feb 19 20. Feb 19 16 $77.35 $1,223
20. Feb 19 Buy Stephen Delinsky Individual 20. Feb 19 20. Feb 19 2 $77.35 $142
20. Feb 19 Buy Jon Westling Individual 19. Feb 19 19. Feb 19 68 $77.80 $5,267
20. Feb 19 Buy Jon Westling Individual 20. Feb 19 20. Feb 19 14 $77.35 $1,118
19. Feb 19 Buy Brian Feeney Individual 15. Feb 19 15. Feb 19 2 $77.61 $193
11. Feb 19 Buy James Filler Individual 06. Feb 19 11. Feb 19 1,091 $77.01 $83,977
08. Feb 19 Buy Paul Evangelista Individual 07. Feb 19 07. Feb 19 3 $127.79 $427
08. Feb 19 Buy Barry Sloane Individual 07. Feb 19 07. Feb 19 1 $127.79 $87
05. Feb 19 Buy James Filler Individual 01. Feb 19 04. Feb 19 20 $77.25 $1,545
05. Feb 19 Buy James Filler Individual 30. Jan 19 05. Feb 19 500 $77.20 $38,300
29. Jan 19 Buy James Filler Individual 24. Jan 19 29. Jan 19 4,704 $76.20 $350,147
25. Jan 19 Buy Barry Sloane Individual 25. Jan 19 25. Jan 19 1 $133.17 $87
25. Jan 19 Buy Paul Evangelista Individual 25. Jan 19 25. Jan 19 3 $133.17 $427
22. Jan 19 Buy Jo Simons Individual 22. Jan 19 22. Jan 19 100 $79.11 $7,911
18. Jan 19 Buy James Filler Individual 14. Jan 19 18. Jan 19 3,210 $77.50 $239,788
18. Jan 19 Buy Paul Evangelista Individual 16. Jan 19 16. Jan 19 3 $74.59 $197
14. Jan 19 Buy Paul Evangelista Individual 11. Jan 19 11. Jan 19 25 $124.37 $3,112
14. Jan 19 Buy Barry Sloane Individual 11. Jan 19 11. Jan 19 35 $124.37 $4,361
12. Jan 19 Buy James Filler Individual 09. Jan 19 11. Jan 19 1,739 $73.12 $126,647
08. Jan 19 Buy James Filler Individual 19. Dec 18 07. Jan 19 7,678 $72.11 $534,627
02. Jan 19 Buy Barry Sloane Individual 31. Dec 18 31. Dec 18 1 $115.17 $87
02. Jan 19 Buy Paul Evangelista Individual 31. Dec 18 31. Dec 18 1 $115.17 $58
19. Dec 18 Buy Paul Evangelista Individual 18. Dec 18 18. Dec 18 3 $119.42 $255
19. Dec 18 Buy Barry Sloane Individual 18. Dec 18 18. Dec 18 1 $119.42 $87
19. Dec 18 Buy James Filler Individual 12. Dec 18 18. Dec 18 5,388 $78.16 $393,027
11. Dec 18 Buy James Filler Individual 06. Dec 18 11. Dec 18 1,701 $81.55 $135,982
03. Dec 18 Buy Paul Evangelista Individual 30. Nov 18 30. Nov 18 0 $139.21 $58
03. Dec 18 Buy Barry Sloane Individual 30. Nov 18 30. Nov 18 1 $139.21 $87
04. Dec 18 Buy James Filler Individual 28. Nov 18 03. Dec 18 911 $81.79 $74,349
26. Nov 18 Buy James Filler Individual 14. Nov 18 26. Nov 18 1,102 $81.24 $88,648
21. Nov 18 Buy Jon Westling Individual 21. Nov 18 21. Nov 18 15 $81.97 $1,269
19. Nov 18 Buy Brian Feeney Individual 19. Nov 18 19. Nov 18 2 $80.75 $192
19. Nov 18 Buy Barry Sloane Individual 16. Nov 18 19. Nov 18 1 $137.93 $87
19. Nov 18 Buy Paul Evangelista Individual 16. Nov 18 19. Nov 18 8 $137.93 $639
19. Nov 18 Buy Paul Evangelista Individual 16. Nov 18 16. Nov 18 2 $81.40 $197
19. Nov 18 Buy Linda Kay Individual 19. Nov 18 19. Nov 18 1 $80.75 $75
19. Nov 18 Buy Jonathan Kay Individual 19. Nov 18 19. Nov 18 15 $80.75 $1,221
19. Nov 18 Buy Stephen Delinsky Individual 19. Nov 18 19. Nov 18 2 $80.75 $142
19. Nov 18 Buy Jon Westling Individual 19. Nov 18 19. Nov 18 14 $80.75 $1,115
13. Nov 18 Buy James Filler Individual 08. Nov 18 08. Nov 18 7 $79.25 $555
13. Nov 18 Buy James Filler Individual 09. Nov 18 13. Nov 18 590 $80.91 $47,592
06. Nov 18 Buy Barry Sloane Individual 05. Nov 18 05. Nov 18 1 $125.72 $87
06. Nov 18 Buy Paul Evangelista Individual 05. Nov 18 05. Nov 18 0 $125.72 $58
05. Nov 18 Buy James Filler Individual 29. Oct 18 05. Nov 18 1,839 $74.03 $135,972
01. Nov 18 Buy Linda Kay Individual 31. Oct 18 31. Oct 18 21 $75.50 $1,586
29. Oct 18 Buy James Filler Individual 28. Sep 18 26. Oct 18 7,760 $82.15 $587,269
22. Oct 18 Buy Paul Evangelista Individual 19. Oct 18 19. Oct 18 0 $133.79 $58
22. Oct 18 Buy Barry Sloane Individual 19. Oct 18 19. Oct 18 1 $133.79 $87
18. Oct 18 Buy Paul Evangelista Individual 16. Oct 18 16. Oct 18 2 $82.00 $197
10. Oct 18 Buy Barry Sloane Individual 09. Oct 18 09. Oct 18 1 $132.45 $87
28. Sep 18 Buy James Filler Individual 24. Sep 18 27. Sep 18 1,692 $72.80 $122,952
24. Sep 18 Buy Paul Evangelista Individual 21. Sep 18 21. Sep 18 0 $121.85 $58
24. Sep 18 Buy Barry Sloane Individual 21. Sep 18 21. Sep 18 1 $121.85 $87
19. Sep 18 Buy Paul Evangelista Individual 18. Sep 18 18. Sep 18 3 $71.50 $197
17. Sep 18 Buy James Filler Individual 04. Sep 18 14. Sep 18 797 $71.75 $56,936
10. Sep 18 Buy Barry Sloane Individual 07. Sep 18 07. Sep 18 1 $122.08 $87
10. Sep 18 Buy Paul Evangelista Individual 07. Sep 18 07. Sep 18 0 $122.08 $58
31. Aug 18 Buy James Filler Individual 28. Aug 18 31. Aug 18 1,242 $72.83 $89,409
27. Aug 18 Buy Barry Sloane Individual 24. Aug 18 24. Aug 18 1 $128.75 $87
27. Aug 18 Buy Paul Evangelista Individual 24. Aug 18 24. Aug 18 3 $128.75 $386
27. Aug 18 Buy James Filler Individual 24. Aug 18 24. Aug 18 191 $74.58 $14,245
27. Aug 18 Buy James Filler Individual 21. Aug 18 27. Aug 18 2,535 $76.30 $185,789
20. Aug 18 Buy James Filler Individual 16. Aug 18 16. Aug 18 43 $76.10 $3,272
20. Aug 18 Buy James Filler Individual 10. Aug 18 14. Aug 18 200 $76.20 $15,230
17. Aug 18 Buy Barry Sloane Individual 15. Aug 18 15. Aug 18 0 $76.41 $0
17. Aug 18 Buy Brian Feeney Individual 15. Aug 18 15. Aug 18 3 $76.41 $193
17. Aug 18 Buy Paul Evangelista Individual 16. Aug 18 16. Aug 18 3 $76.90 $197
17. Aug 18 Buy Paul Evangelista Individual 15. Aug 18 15. Aug 18 8 $76.41 $579
17. Aug 18 Buy Linda Kay Individual 15. Aug 18 15. Aug 18 1 $76.41 $75
17. Aug 18 Buy Jonathan Kay Individual 15. Aug 18 15. Aug 18 16 $76.41 $1,219
17. Aug 18 Buy Stephen Delinsky Individual 15. Aug 18 15. Aug 18 2 $76.41 $141
17. Aug 18 Buy Jon Westling Individual 16. Aug 18 16. Aug 18 79 $76.90 $6,087
17. Aug 18 Buy Jon Westling Individual 15. Aug 18 15. Aug 18 14 $76.41 $1,105
13. Aug 18 Buy Barry Sloane Individual 10. Aug 18 10. Aug 18 1 $130.88 $87
13. Aug 18 Buy Paul Evangelista Individual 10. Aug 18 10. Aug 18 2 $130.88 $300
09. Aug 18 Buy James Filler Individual 03. Aug 18 08. Aug 18 925 $76.35 $70,598
30. Jul 18 Buy Barry Sloane Individual 27. Jul 18 27. Jul 18 1 $130.17 $87
30. Jul 18 Buy Paul Evangelista Individual 27. Jul 18 27. Jul 18 3 $130.17 $409
27. Jul 18 Buy James Filler Individual 24. Jul 18 27. Jul 18 500 $77.50 $38,515
23. Jul 18 Buy James Filler Individual 19. Jul 18 19. Jul 18 1 $77.70 $78
18. Jul 18 Buy Paul Evangelista Individual 17. Jul 18 17. Jul 18 3 $79.05 $197
17. Jul 18 Buy Barry Sloane Individual 16. Jul 18 16. Jul 18 1 $133.81 $87
17. Jul 18 Buy Paul Evangelista Individual 16. Jul 18 16. Jul 18 3 $133.81 $409
16. Jul 18 Buy James Filler Individual 03. Jul 18 12. Jul 18 1,063 $77.50 $80,817
02. Jul 18 Buy Barry Sloane Individual 29. Jun 18 29. Jun 18 1 $128.47 $87
02. Jul 18 Buy Paul Evangelista Individual 29. Jun 18 29. Jun 18 3 $128.47 $409
28. Jun 18 Buy James Filler Individual 26. Jun 18 28. Jun 18 424 $76.08 $32,165
25. Jun 18 Buy James Filler Individual 21. Jun 18 25. Jun 18 700 $76.40 $53,190
19. Jun 18 Buy Paul Evangelista Individual 18. Jun 18 18. Jun 18 3 $129.21 $409
19. Jun 18 Buy Paul Evangelista Individual 18. Jun 18 18. Jun 18 3 $76.20 $197
19. Jun 18 Buy Barry Sloane Individual 18. Jun 18 18. Jun 18 1 $129.21 $87
18. Jun 18 Buy James Filler Individual 12. Jun 18 15. Jun 18 1,168 $77.02 $89,358
11. Jun 18 Buy James Filler Individual 06. Jun 18 11. Jun 18 2,022 $79.80 $159,106
06. Jun 18 Buy Paul Evangelista Individual 05. Jun 18 05. Jun 18 3 $136.67 $409
06. Jun 18 Buy Barry Sloane Individual 05. Jun 18 05. Jun 18 2 $136.67 $319
05. Jun 18 Buy James Filler Individual 30. May 18 05. Jun 18 1,260 $80.28 $100,747
25. May 18 Buy James Filler Individual 22. May 18 23. May 18 267 $80.00 $21,316
25. May 18 Buy James Filler Individual 25. May 18 25. May 18 200 $80.00 $16,000
23. May 18 Buy Paul Evangelista Individual 21. May 18 21. May 18 3 $136.83 $409
23. May 18 Buy Barry Sloane Individual 21. May 18 21. May 18 4 $136.83 $614
21. May 18 Buy James Filler Individual 15. May 18 21. May 18 789 $80.18 $62,868
18. May 18 Buy Paul Evangelista Individual 17. May 18 17. May 18 7 $79.20 $577
18. May 18 Buy Barry Sloane Individual 17. May 18 17. May 18 0 $79.20 $0
18. May 18 Buy Linda Kay Individual 17. May 18 17. May 18 1 $79.20 $74
18. May 18 Buy Jonathan Kay Individual 17. May 18 17. May 18 15 $79.20 $1,217
18. May 18 Buy Stephen Delinsky Individual 17. May 18 17. May 18 2 $79.20 $141
17. May 18 Buy Paul Evangelista Individual 16. May 18 16. May 18 2 $79.80 $197
17. May 18 Buy Brian Feeney Individual 15. May 18 15. May 18 2 $78.35 $192
17. May 18 Buy Jon Westling Individual 16. May 18 16. May 18 15 $79.80 $1,194
14. May 18 Buy James Filler Individual 07. May 18 11. May 18 170 $79.45 $13,505
14. May 18 Buy James Filler Individual 08. May 18 14. May 18 889 $79.85 $70,652
09. May 18 Buy Paul Evangelista Individual 07. May 18 07. May 18 3 $135.44 $409
09. May 18 Buy Barry Sloane Individual 07. May 18 07. May 18 5 $135.44 $614
04. May 18 Buy James Filler Individual 30. Apr 18 04. May 18 1,717 $80.00 $135,848
27. Apr 18 Buy James Filler Individual 24. Apr 18 25. Apr 18 6 $80.60 $480
27. Apr 18 Buy James Filler Individual 26. Apr 18 27. Apr 18 756 $80.85 $61,017
25. Apr 18 Buy Paul Evangelista Individual 23. Apr 18 23. Apr 18 3 $136.26 $409
25. Apr 18 Buy Barry Sloane Individual 23. Apr 18 23. Apr 18 5 $136.26 $614
20. Apr 18 Buy James Filler Individual 19. Apr 18 19. Apr 18 6 $80.00 $480
18. Apr 18 Buy Paul Evangelista Individual 17. Apr 18 17. Apr 18 2 $79.80 $197
X
Management checks
We assess Century 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. Century 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.

CNBK.A News

Simply Wall St News

With EPS Growth And More, Century Bancorp (NASDAQ:CNBK.A) Is Interesting

Century Bancorp's Earnings Per Share Are Growing. … Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. … Century Bancorp maintained stable EBIT margins over the last year, all while growing revenue 6.0% to US$109m.

Simply Wall St -

What Percentage Of Century Bancorp, Inc. (NASDAQ:CNBK.A) Shares Do Insiders Own?

The big shareholder groups in Century Bancorp, Inc. … With a market capitalization of US$421m, Century Bancorp is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Century Bancorp

Simply Wall St -

Does Market Volatility Impact Century Bancorp, Inc.'s (NASDAQ:CNBK.A) Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Here's What Century Bancorp, Inc.'s (NASDAQ:CNBK.A) P/E Ratio Is Telling Us

To keep it practical, we'll show how Century Bancorp, Inc.'s (NASDAQ:CNBK.A) P/E ratio could help you assess the value on offer. … Century Bancorp has a P/E ratio of 11.78, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Are You Considering All The Risks For Century Bancorp, Inc.’s (NASDAQ:CNBK.A)?

Its profit and value are directly impacted by its borrowers’ ability to pay which is driven by the level of economic growth. … This is because growth determines the stability of a borrower’s salary as well as the level of interest rates. … Since the level of risky assets held by the bank impacts the attractiveness of it as an investment, I will take you through three metrics that are insightful proxies for risk.

Simply Wall St -

Three Understated Metrics For Century Bancorp, Inc. (NASDAQ:CNBK.A) You Should Know

As a small-cap bank stock with a market capitalisation of US$405m, Century Bancorp, Inc.’s (NASDAQ:CNBK.A) risk and profitability are largely determined by the underlying economic growth of the US regions in which it operates. … Following the Financial Crisis in 2008, a set of reforms termed Basel III was enforced to bolster risk management, regulation, and supervision in the financial services industry. … Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Century Bancorp to vulnerabilities.

Simply Wall St -

Did Century Bancorp, Inc. (NASDAQ:CNBK.A) Insiders Buy Up More Shares?

So we'll take a look at whether insiders have been buying or selling shares in Century Bancorp, Inc. … The Last 12 Months Of Insider Transactions At Century Bancorp. … That means that an insider was happy to buy shares at above the current price.

Simply Wall St -

Is Century Bancorp Inc (NASDAQ:CNBK.A) Excessively Paying Its CEO?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Barry Sloane's Compensation Compare With Similar Sized Companies. … According to our data, Century Bancorp Inc has a market capitalization of US$455m, and pays its CEO total annual compensation worth US$2.1m.

Simply Wall St -

Have You Considered These Key Risks For Century Bancorp Inc (NASDAQ:CNBK.A)?

Risk associated with repayment is measured by bad debt which is written off as an expense, impacting Century Bancorp’s bottom line. … Looking through a risk-lens is a useful way to assess the attractiveness of Century Bancorp's a stock investment. … Check out our latest analysis for Century Bancorp

Simply Wall St -

Should You Be Tempted To Sell Century Bancorp Inc (NASDAQ:CNBK.A) At Its Current PE Ratio?

While this makes CNBK.A appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … See our latest analysis for Century Bancorp

Simply Wall St -

CNBK.A Company Info

Description

Century Bancorp, Inc. operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development. The company also provides automated lockbox collection, cash management, and account reconciliation services to corporate and institutional customers, as well as to the municipal market; and securities brokerage services. It serves commercial enterprises, state and local governments and agencies, non-profit organizations, and individuals in Massachusetts, New Hampshire, Rhode Island, Connecticut, and New York. As of December 31, 2018, the company operated 27 offices in Massachusetts. Century Bancorp, Inc. was founded in 1969 and is headquartered in Medford, Massachusetts.

Details
Name: Century Bancorp, Inc.
CNBK.A
Exchange: NasdaqGS
Founded: 1969
$492,704,267
5,567,909
Website: http://www.centurybank.com
Address: Century Bancorp, Inc.
400 Mystic Avenue,
Medford,
Massachusetts, 02155,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CNBK.A Class A Common Stock Nasdaq Global Select US USD 20. May 1987
Number of employees
Current staff
Staff numbers
432
Century Bancorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/16 23:34
End of day share price update: 2019/04/16 00:00
Last earnings filing: 2019/04/09
Last earnings reported: 2019/03/31
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.