Jacob Steinberg
Long only, deep value, growth at reasonable price, carmakers

Cambridge Bancorp: Nice Dividend With Long-Term Catalysts

Cambridge Bancorp (OTCQB:CATC) is a full-service commercial bank that has been around for more than 100 years. The bank is operated under Cambridge Trust Company. It has 15 locations (12 branches in Massachusetts, 2 wealth-management offices in New Hampshire and 1 innovation center office). The map below shows the footprint of the company with the exception of the innovation center office. As you can see, the bank is highly localized, which might not attract those who are looking for a bank with a larger footprint.

(click to enlarge)

For the last 5 years, the bank's assets have been increasing consistently every year at a double-digit rate even though 2 of the last 5 years were spent in deep...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details