Enterprise Bancorp, Inc. (EBTC)
| Market Cap | 490.72M |
| Revenue (ttm) | 164.12M |
| Net Income (ttm) | 35.91M |
| Shares Out | 12.25M |
| EPS (ttm) | 2.91 |
| PE Ratio | 13.77 |
| Forward PE | n/a |
| Dividend | $0.96 (2.40%) |
| Ex-Dividend Date | Nov 11, 2024 |
| Volume | 69,977 |
| Open | 39.33 |
| Previous Close | 39.68 |
| Day's Range | 39.33 - 40.68 |
| 52-Week Range | 22.60 - 44.08 |
| Beta | 0.55 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 23, 2025 |
About EBTC
Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit... [Read more]
Financial Performance
In 2023, Enterprise Bancorp's revenue was $161.44 million, a decrease of -1.83% compared to the previous year's $164.46 million. Earnings were $38.06 million, a decrease of -10.90%.
Financial StatementsNews
KBRA Comments on Enterprise Bancorp, Inc.'s Proposed Merger Agreement with Independent Bank Corp.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On December 9, 2024, Rockland, MA-based Independent Bank Corp. (NASDAQ: INDB) (“Independent”), parent company of Rockland Trust Company (“Rockland Trus...
ENTERPRISE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enterprise Bancorp, Inc. - EBTC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enterprise Banco...
Enterprise Bancorp, Inc. Announces Third Quarter Financial Results
LOWELL, Mass., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced its financial results for the three months ended September 30, 2024. Net ...
Enterprise Bancorp, Inc. Announces Quarterly Dividend
LOWELL, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC) On October 15, 2024, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly div...
Enterprise Bancorp Still Has Upside, Despite Its Recent Rally
Enterprise Bancorp remains a buy thanks to its attractive valuation, resilient business model, and expected recovery in net interest margins as interest rates decrease. The Fed's anticipated interest ...
Enterprise Bancorp, Inc. Announces Second Quarter Financial Results
LOWELL, Mass., July 23, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced its financial results for the three months ended June 30, 2024. Net incom...
Enterprise Bank Appoints David Lynch as Managing Director and Chief Investment Officer, of Enterprise Wealth Management
LOWELL, Mass., July 17, 2024 (GLOBE NEWSWIRE) -- Enterprise Bank announced the recent appointment of industry veteran David Lynch as Managing Director and Chief Investment Officer, of Enterprise Wealt...
Enterprise Bank Announces CEO Retirement and Successor Appointment
LOWELL, Mass., June 07, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC) and Enterprise Bank today announced the retirement of Chief Executive Officer John “Jack” P. Clancy Jr., a posi...
Enterprise Bancorp, Inc. Announces First Quarter Financial Results
LOWELL, Mass., April 23, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced its financial results for the three months ended March 31, 2024. Net inc...
Enterprise Bancorp: A Great Stock For Lower Interest Rates
Enterprise Bancorp has been unjustly punished in the sell-off of regional banks and is trading at a nearly 10-year low valuation. The bank has a resilient business model and has remained profitable fo...
Enterprise Bancorp, Inc. Announces Fourth Quarter Financial Results
LOWELL, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced its financial results for the three months and year ended December 31, 20...
Enterprise Bancorp Has Become Extremely Cheap
Enterprise Bancorp has grown its earnings per share 39% since my first article, but its stock has underperformed the S&P 500 due to negative market sentiment towards regional banks. The bank has prove...
KBRA Affirms Ratings for Enterprise Bancorp, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Lowell, Massachusetts based Ente...
Enterprise Bancorp: Are Regional Banks Undervalued, Or On The Brink Of Implosion?
Enterprise Bancorp is a well-capitalized, conservatively managed regional bank with potential for growth, despite recessionary fears and risks from the commercial real estate market. The bank has a hi...
Enterprise Bancorp Remains A Great Bargain
Enterprise Bancorp has outperformed the S&P 500 by a wide margin since I first recommended purchasing the stock. However, the stock remains cheaply valued, as it is trading at a nearly 10-year low pri...
3 Dividend Kings Among 22 Companies To Announce Annual Dividend Increases In First Half Of February
There is a slew of dividend increases coming in February, including from dividend kings Genuine Parts, 3M, and PepsiCo in the first half of the month. Other popular stocks that traditionally announce ...
BlackRock, Kimberly-Clark Among 13 Companies To Start 2023 With Annual Dividend Increases
There were several double-digit boosts in December, with Mastercard and Eli Lilly leading the way with 16% and 15% increases, respectively. Abbott Labs began its second half-century of dividend growth...
Revisiting My Bullish Thesis On Enterprise Bancorp
Due to its boring business model and its small market capitalization, EBTC passes under the radar of most investors.
Enterprise Bancorp, Inc. Announces 2021 Financial Results
LOWELL, Mass., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the three months ended December 31, 2021, of $10.8 million...
Dividend Champions On Sale - The December 2021 Heat Map
Dividend Champions can form the cornerstone of any income-oriented portfolio, but most of us don't have enough time to analyze all 139 stocks thoroughly. To represent the trade-off between quality and...
Dividend Champions On Sale - The October 2021 Heat Map
Dividend Champions can form the cornerstone of any income-oriented portfolio, but most of us don't have enough time to analyze all 140 stocks thoroughly. To represent the trade-off between quality and...
Despite Its Rally, Enterprise Bancorp Remains Undervalued
Despite its rally in the last six months, EBTC remains undervalued. EBTC is a well-managed bank, which has remained profitable for 126 consecutive quarters.
Enterprise Bancorp: Focusing On Commercial Real Estate Is Still Paying Off
Enterprise Bancorp has a commercial real estate-focused portfolio. I was expecting a poor performance in 2020, but the bank performed remarkably well.
Enterprise Bancorp, Inc. Announces 2020 Financial Results
LOWELL, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the year ended December 31, 2020 of $31.5 million, or $2.6...
Enterprise Bancorp: A High-Quality Bank That Is Deeply Undervalued
The financial sector has underperformed the broad market by a wide margin over the last 12 months due to the pandemic, which has caused material loan losses to most banks.