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CATC| Name | Value |
|---|---|
| Revenues | 66.8M |
| Cost of Revenue | 10.6M |
| Gross Profit | 56.2M |
| Operating Expense | 7.4M |
| Operating I/L | 11.5M |
| Other Income/Expense | 9.3M |
| Interest Income | 55.8M |
| Pretax | 9.3M |
| Income Tax Expense | 2.4M |
| Net Income/Loss | 6.9M |
Cambridge Bancorp operates as a bank holding company for Cambridge Trust Company, offering commercial and consumer banking, investment management, and trust services. The company generates revenue through various deposit products, including checking, savings, money market, and retirement accounts, as well as loan products such as residential and commercial real estate loans, home equity lines of credit, and commercial and industrial loans. Additionally, it provides cash management, online and mobile banking, and payments services to commercial enterprises, non-profit organizations, and individuals through its network of banking and wealth management offices in Eastern Massachusetts and New Hampshire.
