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Meridian Bancorp, Inc. (EBSB)

Stock Price: $12.21 USD 0.60 (5.17%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 639.89M
Revenue (ttm) 187.64M
Net Income (ttm) 64.90M
Shares Out 52.41M
EPS (ttm) 1.31
PE Ratio 9.32
Forward PE 10.17
Dividend $0.32
Dividend Yield 2.62%

Stock Quote

Trading Day Aug 7, 2020
Last Price $12.21
Previous Close $11.61
Change ($) 0.60
Change (%) 5.17%
Day's Open 11.52
Day's Range 11.52 - 12.21
Day's Volume 104,191
52-Week Range 8.88 - 20.86

More Stats

Market Cap 639.89M
Enterprise Value 928.47M
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Jun 17, 2020
Shares Outstanding 52.41M
Float 48.20M
EPS (basic) 1.28
EPS (diluted) 1.31
FCF / Share 1.15
Dividend $0.32
Dividend Yield 2.62%
Earnings Yield 10.73%
FCF Yield 9.10%
Payout Ratio 23.40%
Shares Short 730,704
Short Ratio 3.88
Short % of Float 1.93%
Beta 0.89
PE Ratio 9.32
Forward PE 10.17
P/FCF Ratio 10.99
PS Ratio 3.41
PB Ratio 0.82
Revenue 187.64M
Operating Income 86.23M
Net Income 64.90M
Free Cash Flow 58.22M
Net Cash -288.58M
Net Cash / Share -5.51
Gross Margin 100.60%
Operating Margin 45.95%
Profit Margin 34.70%
FCF Margin 31.03%
ROA 1.05%
ROE 9.37%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 2
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$14.12*
(15.64% upside)
Low
12.5
Current: $12.21
High
15.0
Target: 14.12
*Average 12-month price target from 4 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, Inc. 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. Further, it is also involved in the securities transactions business. The company operates 39 full-service locations, one mobile branch, and three loan centers. Meridian Bancorp, Inc. was founded in 1848 and is based in Peabody, Massachusetts.