{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-046635","form_type":"8-K","ticker":null,"cik":"0000711772","company_name":"CAMBRIDGE BANCORP","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.736607+00:00","generated_at":"2026-06-03T12:46:35.252465+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cambridge Bancorp Q1 net income $6.9M, EPS $0.87; declares $0.67 dividend","bullets":["Net income $6.9M (diluted EPS $0.87) vs $8.0M ($1.02) prior quarter, down 14.3%.","Operating net income $8.0M, operating diluted EPS $1.02, down 8.1% QoQ.","Quarterly cash dividend of $0.67 per share, payable May 23 to holders of record May 9.","Wealth AUM $4.80B (+12.5% YoY); wealth management revenue $8.7M (+9.8% YoY).","Merger with Eastern Bankshares (4.956x exchange ratio) pending regulatory approval; shareholder votes received Feb 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-046635","json":"https://secwatch.observer/filing/0000950170-24-046635.json","markdown":"https://secwatch.observer/filing/0000950170-24-046635.md","text":"https://secwatch.observer/filing/0000950170-24-046635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/711772/000095017024046635/0000950170-24-046635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/711772/000095017024046635/catc-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T12:46:35.252465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5b4d1e77b888ad8e2b6c32c59969ac5da3b264b4","claim":"CAMBRIDGE BANCORP reported the three months ended March 31, 2024 results: net income $6.9 million, EPS $0.87 per diluted share.","evidence_excerpt":"Cambridge Bancorp (NASDAQ: CATC) (the “Company”), the parent company of Cambridge Trust Company, today announced unaudited net income of $6.9 million for the three months ended March 31, 2024, a decrease of $1.1 million, or 14.3%, as compared to $8.0 million for the three months ended December 31, 2023. Diluted earnings per share were $0.87 for the three months ended March 31, 2024, representing a 14.7% decrease as compared to $1.02 for the three months ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/711772/000095017024046635/0000950170-24-046635-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$6.9 million"},{"label":"EPS","value":"$0.87 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}