Hits: 9


Major owner increases stake in regional bank.

On Tuesday, James Filler bought just over 2,500 shares of Century Bancorp (CNBKA). He already owns more than 10 percent of shares.

The buy, with a total purchase price of $219,000, increases his total position to 702,919 shares, and represents a 0.36 percent increase in his total holdings. Like many other insiders in recent days, Filler sees solid opportunities in companies where he already has a large stake.

  • Special: Urgent: Three 5G
    Stocks to Buy ASAP
  • Century Bancorp is a bank holding company for Century Bank and Trust Company, a provider of banking products and services. The bank offers traditional savings and checking accounts, residential and commercial loans, and other services including services to the municipal market and a securities brokerages service.

    The bank operates in 27 locations in Massachusetts, but provides services throughout New England.

    Action to take: Insiders, led by Filler, own 23 percent of the bank, meaning that shareholders are likely to be treated well. Although shares yield only 0.56 percent, smaller banks are often the target of bigger banks, and a profitable New England bank like Century could be an acquisition target within the next few years, offsetting many of the interest rate fears weighing on banks right now.

    With shares trading at 12 times earnings, they could be a reasonable buy up to $87 per share.

    2019-07-18 10:00:22




    Source link

    Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.
    On this page you can manage StartUp Bonus size for your clients. StartUp Bonus is a company’s promotion aimed to help you gain more potential clients by offering them through different media (offline and online) opportunity to join InstaForex and receive StartUp Bonus (No Deposit Bonus) for trading without any risks. As a partner you will receive commissions from trading of each referred client both before and after first deposit. Your clients can receive StartUp Bonus from InstaForex via this page:
    Bonus Startup $1000
    Trade 100 Bonus

    🔥1

    Fidelia

    A biographical sketch paints an abbreviated picture of someone's life. It can be written about someone else's life or your own life. If you're writing about someone ...