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Cambridge Bancorp (Cambridge Bancorp) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Cambridge Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cambridge Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $534.6 Mil. Cambridge Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $5,417.7 Mil. Therefore, Cambridge Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

The historical rank and industry rank for Cambridge Bancorp's Equity-to-Asset or its related term are showing as below:

CATC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.1
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Cambridge Bancorp was 0.10. The lowest was 0.07. And the median was 0.08.

CATC's Equity-to-Asset is ranked better than
59.41% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs CATC: 0.10

Cambridge Bancorp Equity-to-Asset Historical Data

The historical data trend for Cambridge Bancorp's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cambridge Bancorp Equity-to-Asset Chart

Cambridge Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.09 0.09 0.10

Cambridge Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Cambridge Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, Cambridge Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cambridge Bancorp's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cambridge Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cambridge Bancorp's Equity-to-Asset falls into.



Cambridge Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Cambridge Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=534.573/5417.666
=0.10

Cambridge Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=534.573/5417.666
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cambridge Bancorp  (NAS:CATC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Cambridge Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cambridge Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cambridge Bancorp (Cambridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1336 Massachusetts Avenue, Cambridge, MA, USA, 02138
Cambridge Bancorp is a United States-based bank holding company. Its core services include Wealth Management, Commercial Banking, Residential Lending, and Personal Banking. It provides banking services such as deposit accounts, online and mobile banking, business banking, wealth planning and other services. The company's loan portfolio comprises Residential & commercial mortgages, Home equity, Commercial & Industrial and Consumer.
Executives
Joseph P. Sapienza officer: SVP, Interim CFO 26 MANTER MILL ROAD, LONDONDERRY NH 03053
Simon R Gerlin director C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061-9149
Jeffrey F. Smith officer: EVP/Head of Wealth Mgmt 83 WESTON FARM PATH, MARSHFIELD MA 02050
Stone Robert Gregg Iii director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Denis K Sheahan director, officer: Chairman & CEO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Hambleton Douglas Lord director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Michael Carotenuto officer: Senior VP & CFO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Martin B Millane officer: Exec VP & Chief Lending Off 78 BLANCHARD ROAD, BURLINGTON MA 01803
Peter J. Halberstadt officer: SVP, Chief Credit Officer 11 VIRGINIA ROAD, NEWTON MA 02466
Steven J. Mead officer: SVP, Head of Commercial Serv. 64 SPRINGS ROAD, BEDFORD MA 01730
Jane C. Walsh director 47 MYSTIC VALLEY PARKWAY, WINCHESTER MA 01890
Andargachew S Zelleke director C/O CAMBRIDGE BANCORP, 1336 MASSACHUSETTS AVENUE, CAMBRIDGE MA 02138
Kerri Mooney officer: SVP Dir. of Banking Offices 78 BLANCHARD ROAD, BURLINGTON MA 01803
Danielle Remis Hackel officer: Chief Marketing Officer C/O CAMBRIDGE BANCORP, 78 BLANCHARD RD, BURLINGTON MA 01803
Cathleen Agnes Schmidt director 78 BLANCHARD ROAD, BURLINGTON MA 01803