Century Bancorp Inc (CNBKA) Files 10-K for the Fiscal Year Ended on December 31, 2017

Century Bancorp Inc (CNBKA, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Century Bancorp Inc is a Massachusetts based commercial bank that provides a range of services to commercial enterprises, state and local governments and agencies, non-profit organizations and individuals. Century Bancorp Inc has a market cap of $434.300 million; its shares were traded at around $78.00 with a P/E ratio of 19.52 and P/S ratio of 4.73. The dividend yield of Century Bancorp Inc stocks is 0.62%. Century Bancorp Inc had annual average EBITDA growth of 9.50% over the past ten years. GuruFocus rated Century Bancorp Inc the business predictability rank of 2.5-star.

For the last quarter Century Bancorp Inc reported a revenue of $26.1 million, compared with the revenue of $22.46 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $102.2 million, an increase of 13.1% from last year. For the last five years Century Bancorp Inc had an average revenue growth rate of 5.3% a year.

The reported diluted earnings per share was $4.005 for the year, a decline of 9.2% from the previous year. Over the last five years Century Bancorp Inc had an EPS growth rate of 4.2% a year. The Century Bancorp Inc enjoyed an operating margin of 32.55%, compared with the operating margin of 26.77% a year before. The 10-year historical median operating margin of Century Bancorp Inc is 25.88%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Century Bancorp Inc has the cash and cash equivalents of $77.2 million, compared with $62.4 million in the previous year. The long term debt was $383.9 million, compared with $329.1 million in the previous year. The interest coverage to the debt is 1.2, which is not a favorable level. Century Bancorp Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $78.00, Century Bancorp Inc is traded at 100.6% premium to its historical median P/S valuation band of $38.88. The P/S ratio of the stock is 4.73, while the historical median P/S ratio is 2.36. The intrinsic value of the stock is $90.95 a share, according to GuruFocus DCF Calculator. The stock gained 26.07% during the past 12 months.

CEO Recent Trades:

  • CEO and President Barry R Sloane bought 5 shares of CNBKA stock on 03/12/2018 at the average price of $132.61. The price of the stock has decreased by 41.18% since.
  • CEO and President Barry R Sloane bought 5 shares of CNBKA stock on 02/26/2018 at the average price of $131.27. The price of the stock has decreased by 40.58% since.
  • CEO and President Barry R Sloane bought 0 shares of CNBKA stock on 02/20/2018 at the average price of $78.8. The price of the stock has decreased by 1.02% since.

Directors and Officers Recent Trades:

  • Executive Vice President Paul A Evangelista bought 3 shares of CNBKA stock on 03/12/2018 at the average price of $132.61. The price of the stock has decreased by 41.18% since.
  • 10% Owner James J Filler bought 140 shares of CNBKA stock on 03/05/2018 at the average price of $76.36. The price of the stock has increased by 2.15% since.
  • 10% Owner James J Filler bought 1,595 shares of CNBKA stock on 03/01/2018 at the average price of $76.73. The price of the stock has increased by 1.66% since.
  • Executive Vice President Paul A Evangelista bought 3 shares of CNBKA stock on 02/26/2018 at the average price of $131.27. The price of the stock has decreased by 40.58% since.
  • 10% Owner James J Filler bought 1,300 shares of CNBKA stock on 02/20/2018 at the average price of $77.56. The price of the stock has increased by 0.57% since.

For the complete 20-year historical financial data of CNBKA, click here.