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Cambridge Bancorp Reports Earnings Growth for Full-Year 2008
Tuesday, January 27, 2009
CAMBRIDGE, Mass. (January 27, 2009) - Cambridge Bancorp (OTCBB: CATC) today reported unaudited net income for 2008 of $9.6 million, representing an increase of $370,000 or 4.0% over 2007. Diluted earnings per share (EPS) were $2.56, a 6.2% increase over diluted earnings per share for the prior year.