Cambridge Bancorp’s Merger Benefit Mostly Priced In

Cambridge Bancorp's Merger Benefit Mostly Priced In 3Acquisition of Optima Bank has improved Cambridge Bancorp’s earning assets, which will cause greater earnings going forward. The average yield of the company is tacky, which is expected to push NIM upwards in a declining interest rate environment. Cambridge Bancorp’s non-interest income constitutes a substantial portion of its overall revenue.
News story published on 2019-10-21T03:05:00.0000000Z