Barry Sloane - Century Bancorp CEO

CEO

Mr. Barry R. Sloane is President, Chief Executive Officer, Director of Century Bancorp Inc., and Director, President, Chief Executive Officer of Century Bank and Trust Company, a subsidiary of the company. Mr. Sloane is President and CEO of Century Bancorp and President and CEO of Century Bank and Trust Company. Mr. Sloane is also Treasurer and a trustee of the Savings Bank Employee Retirement System . Mr. Sloanes experience at the Company as well as his experience at other financial services companies and expertise in the financial services industry has qualified him to serve as director of the Company. since 2010.
Age 62
Tenure 14 years
Phone781 391-4000
Webwww.centurybank.com
Sloane is also a director of BGC Partners, Inc., and a trustee of the Savings Bank Employee Retirement System .

Barry Sloane Latest Insider Activity

Tracking and analyzing the buying and selling activities of Barry Sloane against Century Bancorp stock is an integral part of due diligence when investing in Century Bancorp. Barry Sloane insider activity provides valuable insight into whether Century Bancorp is net buyers or sellers over its current business cycle. Note, Century Bancorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Century Bancorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Century Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.67 % which means that it generated a profit of $0.67 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 11.84 %, meaning that it generated $11.84 on every $100 dollars invested by stockholders. Century Bancorp's management efficiency ratios could be used to measure how well Century Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 416.47 M in total debt with debt to equity ratio (D/E) of 17.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Century Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Century Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Century Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Century to invest in growth at high rates of return. When we think about Century Bancorp's use of debt, we should always consider it together with cash and equity.

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Century Bancorp, Inc. operates as the bank holding company for Century Bank and Trust Company that provides banking products and services. Century Bancorp, Inc. was founded in 1969 and is headquartered in Medford, Massachusetts. Century Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 418 people. Century Bancorp (CNBKA) is traded on NASDAQ Exchange in USA and employs 418 people.

Management Performance

Century Bancorp Leadership Team

Elected by the shareholders, the Century Bancorp's board of directors comprises two types of representatives: Century Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Century. The board's role is to monitor Century Bancorp's management team and ensure that shareholders' interests are well served. Century Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Century Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Mercurio, Independent Director
George Baldwin, Independent Director
Louis Grossman, Director
Marshall Sloane, Founder, Chairman, Member of Executive Committee, Member of Asset Liability Committee and Chairman of Century Bank and Trust Company
David Woonton, Executive Vice President of Century Bank and Trust Company
Russell Higley, Director
Jon Westling, Independent Director
George Swansburg, Director
Paul Evangelista, Executive VP of Century Bank and Trust Company
Linda Kay, Executive Vice President of Century Bank and Trust Company; Director
Stephen Delinsky, Director
Fraser Lemley, Independent Director
Joseph Senna, Independent Director
Barry Sloane, CEO and President Director, Member of Executive Committee, Member of Asset Liability Committee, Member of Non Deposit Investment and Insurance Products Committee, Member of Trust Committee, CEO of Century Bank and Trust Company and President of Century Bank and Trust Company and Director of Century Bank and Trust Company
Jo Simons, Independent Director
Brian Feeney, Head of Institutional Services Group and Executive VP of Century Bank and Trust Company
William Hornby, CFO, Treasurer of the Company and Century Bank and Trust Company
Jackie JenkinsScott, Independent Director

Century Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Century Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Century Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Century Bancorp's short interest history, or implied volatility extrapolated from Century Bancorp options trading.

Pair Trading with Century Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Century Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Century Bancorp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Other Consideration for investing in Century Stock

If you are still planning to invest in Century Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Century Bancorp's history and understand the potential risks before investing.
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