Century Bancorp Inc (CNBKA): Barry R Sloane , CEO and President of Century Bancorp Inc purchased 1 shares on Jul 20, 2016. The Insider buying transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were purchased at $74.21 per share for a total value of $45.38 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 18, 2016, James J Filler (10% owner) purchased 300 shares at $43.60 per share price.On Jul 7, 2016, Paul A Evangelista (Executive Vice President) purchased 6 shares at $70.51 per share price.Also, On Jul 7, 2016, Barry R Sloane (CEO and President) purchased 1 shares at $70.51 per share price.On May 20, 2016, Linda Sloane Kay (Executive Vice President) purchased 29 shares at $43.11 per share price.
Century Bancorp: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Century Bancorp which led to swings in the share price. The shares opened for trading at $43.75 and hit $44 on the upside , eventually ending the session at $43.97, with a gain of 0.09% or 0.04 points. The heightened volatility saw the trading volume jump to 8,160 shares. The 52-week high of the share price is $45.1 and the company has a market cap of $245 M . The 52-week low of the share price is at $32.54.
On Jul 12, 2016, Century Bancorp announced a cash dividend of $0.1200. The company’s management has announced Jul 28, 2016 as the ex-dividend date and fixed the record date on Aug 1, 2016. The payable date has been fixed on Aug 15, 2016.
Century Bancorp Inc. is a state-chartered bank holding company. The Company has one banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises state and local Governments and agencies non-profit organizations and individuals. The Company provides commercial loans real estate and construction loans and consumer loans and accepts savings time and demand deposits. In addition the Company offers to its corporate and institutional customers automated lock box collection services cash management services and account reconciliation services Also the Company provides full service securities brokerage services through a program called Investment Services at Century Bank. The Company provides financial services including cash management lockbox processing and short-term and long-term financing to municipalities in Massachusetts New Hampshire and Rhode Island.