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Meridian Bancorp, Inc. (EBSB)

Stock Price: $14.42 USD 0.17 (1.19%)
Updated November 23, 1:55 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 755.80M
Revenue (ttm) 182.99M
Net Income (ttm) 64.00M
Shares Out 52.41M
EPS (ttm) 1.26
PE Ratio 11.44
Forward PE 11.66
Dividend $0.32
Dividend Yield 2.22%

Stock Quote

Trading Day November 23
Last Price $14.42
Previous Close $14.25
Change ($) 0.17
Change (%) 1.19%
Day's Open 14.48
Day's Range 14.29 - 14.48
Day's Volume 31,979
52-Week Range 8.88 - 20.86

More Stats

Market Cap 755.80M
Enterprise Value 857.94M
Earnings Date (est) Jan 26, 2021
Ex-Dividend Date Sep 16, 2020
Shares Outstanding 52.41M
Float 47.00M
EPS (basic) 1.26
EPS (diluted) 1.26
FCF / Share 0.93
Dividend $0.32
Dividend Yield 2.22%
Earnings Yield 8.74%
FCF Yield 6.19%
Payout Ratio 25.40%
Shares Short 388,386
Short Ratio 2.97
Short % of Float 0.83%
Beta 0.91
PE Ratio 11.44
Forward PE 11.66
P/FCF Ratio 16.15
PS Ratio 4.13
PB Ratio 1.00
Revenue 182.99M
Operating Income 85.27M
Net Income 64.00M
Free Cash Flow 46.81M
Net Cash -102.14M
Net Cash / Share -1.95
Gross Margin 103.18%
Operating Margin 46.60%
Profit Margin 35.00%
FCF Margin 25.58%
ROA 0.99%
ROE 8.77%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (3)

Buy 2
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$14.50*
(0.55% upside)
Low
13.5
Current: $14.42
High
15.0
Target: 14.50
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue18916616413010910188.0278.7069.5769.56
Revenue Growth14.02%0.73%26.88%18.58%8.28%14.65%11.83%13.14%0.01%-
Gross Profit18916616413010910188.0278.7069.5769.56
Operating Income88.7970.7976.4352.0736.5733.4823.5018.7618.5720.76
Net Income67.0055.7742.9534.1924.6122.3315.4312.4311.9713.37
Shares Outstanding51.0351.5051.1551.1351.9752.4752.9852.9653.3854.03
Earnings Per Share1.301.060.820.650.460.420.290.230.230.25
EPS Growth22.64%29.27%26.15%41.3%9.52%44.83%26.09%2.22%-9.64%-
Dividend Per Share0.290.220.170.120.06-----
Dividend Growth31.82%29.41%41.67%100%------
Operating Cash Flow66.1971.0450.4344.0127.7822.3027.923.2533.089.15
Capital Expenditures-6.17-6.98-1.21-4.10-4.18-1.39-2.92-3.77-4.78-2.98
Free Cash Flow60.0164.0649.2139.9123.6020.9125.00-0.5228.306.17
Cash & Equivalents40737747231719529186.2793.19157155
Total Debt636587513323167172162161131149
Net Cash / Debt-230-210-41.43-5.7728.20119-75.63-68.0625.246.81
Assets6,3446,1795,2994,4363,5253,2792,6822,2791,9741,836
Liabilities5,6175,5044,6533,8292,9362,7012,4332,0451,7541,620
Book Value727675646607588578249234220216
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Meridian Bancorp, Inc.
Country United States
Employees 464
CEO Richard J. Gavegnano

Stock Information

Ticker Symbol EBSB
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: EBSB
IPO Date January 23, 2008

Description

Meridian Bancorp operates as the holding company for East Boston Savings Bank that provides various financial products and services for individuals and businesses primarily in Suffolk, Norfolk, Middlesex, and Essex Counties, Massachusetts. The company accepts various deposit products, including non-interest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts, such as NOW and money market accounts; savings accounts; and certificates of deposit, as well as commercial checking accounts. Its loan portfolio includes commercial real estate loans, which are secured by properties, such as office buildings, industrial facilities, and retail facilities; one- to four-family residential loans, such as mortgage loans that enable borrowers to purchase or refinance existing homes; multi-family real estate loans; construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans, including automobile loans, loans secured by savings or certificate accounts, credit builders, and annuity and overdraft loans. In addition, the company offers non-deposit financial products, such as mutual funds, annuities, stocks, and bonds through third-party broker-dealer; and long-term care insurance products. It is also involved in the securities transactions business. The company operates 42 full-service locations, one mobile branch, and three loan centers. Meridian Bancorp, Inc. was founded in 1848 and is based in Peabody, Massachusetts.