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Cambridge Bancorp Fourth Quarter 2020 Earnings Release Date

Cambridge Bancorp (NASDAQ: CATC) announced that it will release its fourth quarter 2020 earnings results before market opening on January 26, 2021.

(Neutral)

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Rhea-AI Summary

Cambridge Bancorp (NASDAQ: CATC) announced that it will release its fourth quarter 2020 earnings results before market opening on January 26, 2021. The bank, headquartered in Cambridge, Massachusetts, has approximately $4.0 billion in assets and operates 22 locations across Massachusetts and New Hampshire. As of September 30, 2020, it holds $3.9 billion in client assets under management and administration, establishing its position as a leader in private banking and wealth management in New England.

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Positive

  • Strong asset base with approximately $4.0 billion as of September 30, 2020.
  • Leadership in private banking and wealth management with $3.9 billion in client assets.

Negative

  • None.
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News Market Reaction – CATC

The recorded move for CATC in the trading session of this news was -0.34%.

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CAMBRIDGE, Mass., Jan. 11, 2021 /PRNewswire/ -- Cambridge Bancorp. (NASDAQ: CATC), announces that it expects to report fourth quarter 2020 earnings results prior to the market open on Tuesday, January 26, 2021.

About Cambridge Bancorp

Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 130-year-old Massachusetts chartered commercial bank with approximately $4.0 billion in assets as of September 30, 2020, and a total of 22 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England's leaders in private banking and wealth management with $3.9 billion in client assets under management and administration as of September 30, 2020. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.

CONTACT:
Cambridge Bancorp
Michael F. Carotenuto
Chief Financial Officer 
617-520-5520

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cambridge-bancorp-fourth-quarter-2020-earnings-release-date-301203482.html

SOURCE Cambridge Bancorp

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Cambridge Bancorp report its fourth quarter 2020 earnings results?

Cambridge Bancorp plans to report its fourth quarter 2020 earnings results on January 26, 2021.

What is the current asset size of Cambridge Bancorp?

As of September 30, 2020, Cambridge Bancorp has approximately $4.0 billion in assets.

How much client assets does Cambridge Bancorp manage?

Cambridge Bancorp manages approximately $3.9 billion in client assets as of September 30, 2020.

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