Benzinga | Jan 26, 2021 08:18AM EST

Recap: Cambridge Q4 Earnings



Shares of Cambridge (NASDAQ:CATC) moved higher by 0.3% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 29.75% over the past year to $2.05, which beat the estimate of $1.95.

Revenue of $44,883,000 rose by 42.30% from the same period last year, which missed the estimate of $45,010,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Cambridge hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $78.06

Company's 52-week low was at $44.20

Price action over last quarter: Up 19.87%

Company Profile

Cambridge Bancorp operates as a bank. It offers banking services such as deposit accounts, online and mobile banking, business banking, residential lending, wealth planning and others. The bank generates its revenue in the form of interests.