Cambridge Bancorp Third Quarter 2020 Earnings Release Date
Cambridge Bancorp (CATC) announced it will report its third quarter 2020 earnings results before the market opens on October 20, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Cambridge Bancorp (CATC) announced it will report its third quarter 2020 earnings results before the market opens on October 20, 2020. As of June 30, 2020, the company managed approximately $4.0 billion in assets and $3.7 billion in client assets under management, demonstrating its position as a leader in private banking and wealth management in New England. The bank operates 22 locations in Massachusetts and New Hampshire, highlighting its regional presence.
Positive
- Managed approximately $4.0 billion in assets as of June 30, 2020.
- Approximately $3.7 billion in client assets under management.
Negative
- None.
Details
News Market Reaction – CATC
The recorded move for CATC in the trading session of this news was +2.22%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CAMBRIDGE, Mass., Oct. 9, 2020 /PRNewswire/ -- Cambridge Bancorp. (NASDAQ: CATC), announces that it expects to report third quarter 2020 earnings results prior to the market open on Tuesday, October 20, 2020.
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
CONTACT:
Cambridge Bancorp
Michael F. Carotenuto
Chief Financial Officer
617-520-5520
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SOURCE Cambridge Bancorp
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