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  September 5, 2001
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Home > Company Index > Banking > Banking - Northeast > Port Financial Corp.

Port Financial Corp.
Nasdaq: PORT
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 PROFILE
Port Financial (formerly Cambridgeport Mutual Holding Company) wants its Cambridgeport Bank to be the financial port of call for folks in eastern Massachusetts. The company, which converted from mutual to stock ownership in 2000, owns the community bank, which serves individuals and businesses in the Greater Boston area. Cambridgeport focuses on residential real estate mortgages (about half of the loan portfolio) and commercial real estate loans (more than one-third); the portfolio also includes construction, business, and consumer loans. The bank's deposit products include checking, money market, and savings accounts, as well as CDs. Cambridgeport Bank has 11 branches.

 COMPETITION
Eastern Bank Corporation (dossier)
FleetBoston Financial Corporation (FBF)
Wainwright Bank & Trust Company (WAIN)

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 FINANCIAL OVERVIEW
2000 Sales (mil.): 65.00
1-Yr. Sales Growth: 22.5%
Employees: 218
Revenue per employee: $298,165.14

 KEY PEOPLE
• James A. Keegan
    CEO
• Charles Jeffrey
    CFO

 CONTACT INFO
1380 Soldiers Field Rd.
Brighton, MA 02135
US
Phone: 617-661-4900
Fax: 617-661-8452
Online: Web Site

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