Century Bancorp: 2Q Earnings Snapshot
Jul. 10, 2018
MEDFORD, Mass. (AP) _ Century Bancorp Inc. (CNBKA) on Tuesday reported second-quarter earnings of $9 million.
The Medford, Massachusetts-based bank said it had earnings of $1.62 per share.
The bank posted revenue of $37.1 million in the period. Its revenue net of interest income was $26.9 million, which beat Street forecasts.
Century Bancorp shares have decreased 3 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $75.85, an increase of 20 percent in the last 12 months.