Eastern, Rockland Completed Major Mergers Friday
The two mergers involving four of largest Massachusetts-based stock banks were completed on Friday as expected, bringing an end to two long-time fixtures in Greater Boston’s banking landscape.
Century Bank Saw Earnings Increase 7 Percent
After announcing its sale to Eastern Bank in early April, Century Bank saw earnings increase year-over-year by more than 7 percent in the second quarter.
Eastern Will Triple Market Share in Key County with Century Deal
Boston-based Eastern Bank will make its first bank acquisition since going public six months ago by acquiring Medford-based Century Bank in an all-cash deal valued at $642 million, a move that will triple Eastern’s market share in Middlesex County and mark its entry into marijuana banking.
Century Bank Sees Record Earnings in 2020
Century Bank continued to see the number of loans needing COVID-19 modifications drop in the fourth quarter and ended the year with record earnings.
Century Bank Sees 8 Percent Earnings Increase
With quarterly earnings up 8 percent compared to a year ago, Century Bank has increased its shareholder dividend for the second time this year, after more than 15 years without an increase.
Century Bank Increases Dividend As Earnings Grow
Century Bank has increased its shareholder dividend for the first time since 2003, according to its second quarter earnings statement.
Former Century Bank President Resigns from Board
Former Century Bank president and longtime board member George Swansburg has resigned from the bank’s board of directors.
Century Bancorp Announces Record Earnings in Q3
The parent company of Medford-based Century Bank announced record earnings for the third quarter of 2019. Century Bancorp Inc.’s third quarter net income of $10.084 million
Century Bancorp Records $24.5M In Net Income In 2016
Century Bancorp posted a 6.6 percent year-over-year increase in its annual net income, the Medford-based holding company for Century Bank said this week.
Century Bancorp Boosts Earnings, Assets In Q2
Century Bancorp boosted earnings 6.1 percent year-over-year and grew assets to a new record in the second quarter this year.
Century Bancorp Posts 8 Percent Increase In Q3
Century Bancorp in Medford posted an 8.1 percent...Century Bancorp Boosts Bottom Line In Q2
Century Bancorp posted a 5.8 percent increase in its...Century Bank Boosts Assets In Q1
Century Bancorp boosted net earnings slightly in the...
