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Compare · CNBKA vs EBC

CNBKA vs EBC

Side-by-side comparison of Century Bancorp, Inc. (CNBKA) and Eastern Bankshares Inc. (EBC): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both companies sit in the Finance sector. CNBKA focuses on Major Banks, while EBC focuses on Savings Institutions.
  • EBC is the larger of the two at $4.59B, about 7.1x CNBKA ($641.9M).
  • EBC has hit the wire 17 times in the past 4 weeks while CNBKA has been quiet.
  • EBC has more recent analyst coverage (11 ratings vs 0 for CNBKA).
MetricCNBKAEBC
Company
Century Bancorp, Inc.
Eastern Bankshares Inc.
Price
$115.28+0.00%
$20.59+3.70%
Market cap
$641.9M
$4.59B
1M return
-
+3.13%
1Y return
-
+36.14%
Industry
Major Banks
Savings Institutions
Exchange
NASDAQ
NASDAQ
IPO
1987
2020
News (4w)
0
17
Recent ratings
0
11
CNBKA

Century Bancorp, Inc.

Century Bancorp, Inc. operates as the bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, commercial and residential real estate loans, municipal loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development. The company also provides automated lockbox collection, cash management, and account reconciliation services to corporate and institutional customers, as well as to the municipal market; and securities brokerage services. It serves commercial enterprises, state and local governments and agencies, non-profit organizations, and individuals in Massachusetts, New Hampshire, Rhode Island, Connecticut, New York, Virginia, Washington DC, and Pennsylvania. As of January 19, 2021, the company operated twenty-seven full-service branches in the Greater Boston area. Century Bancorp, Inc. was founded in 1969 and is headquartered in Medford, Massachusetts.

EBC

Eastern Bankshares Inc.

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans, as well as mortgage and personal loans, auto loans, preferred term loans, small business administration loans, and reserve lines of credit. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, pension planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; and electronic banking and foreign exchange services, as well as various insurance products. As of April 1, 2021, the company had approximately 110 locations in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

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