Enterprise Bancorp, Inc. (EBTC)

Enterprise Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	214.97	208.38	172.54	135.93	133.21	131.09
Interest Income on Investments	20.83	21.89	28.52	24.98	15.83	13.75
Total Interest Income	235.8	230.27	201.05	160.91	149.03	144.84
Interest Paid on Deposits	77.53	76.51	44.39	5.71	3.92	11.6
Interest Paid on Borrowings	6.91	5.89	3.58	3.4	3.56	3.11
Total Interest Expense	84.43	82.41	47.97	9.12	7.48	14.71
Net Interest Income	151.36	147.86	153.08	151.8	141.56	130.13
Net Interest Income Growth (YoY)	2.06%	-3.41%	0.85%	7.23%	8.78%	12.32%
Trust Income	8.14	7.89	6.73	6.53	6.79	5.82
Gain (Loss) on Sale of Investments	0.37	1.14	-1.75	-2.49	0.37	0.18
Other Non-Interest Income	4.92	4.82	4.12	6.19	2.02	3.41
Total Non-Interest Income	22.57	22.88	17.61	18.46	18.11	17.25
Non-Interest Income Growth (YoY)	23.03%	29.93%	-4.62%	1.96%	4.99%	5.69%
Revenues Before Loan Losses	173.94	170.74	170.69	170.26	159.66	147.38
Provision for Loan Losses	1.69	1.99	9.25	5.8	1.77	12.5
Revenue	172.24	168.76	161.44	164.46	157.89	134.88
Revenue Growth (YoY)	7.98%	4.53%	-1.83%	4.16%	17.06%	2.97%
Salaries and Employee Benefits	78.85	78.09	72.11	71.91	66.45	61.39
Occupancy Expenses	8.09	7.97	8.12	7.7	8.15	7.25
Federal Deposit Insurance	3.59	3.57	2.71	1.78	1.91	2.12
Selling, General & Administrative	18.35	18.58	19.16	19.16	17.8	16.01
Other Non-Interest Expense	7.67	7.6	7.88	7.5	6.86	6.2
Total Non-Interest Expense	116.75	116	110.2	108.31	101.42	93.25
EBT Excluding Unusual Items	55.5	52.76	51.25	56.15	56.47	41.63
Other Unusual Items	-	-	-	-	-0.71	-
Pretax Income	54.07	51.63	51.25	56.15	55.76	41.63
Income Tax Expense	13.41	12.89	13.19	13.43	13.59	10.17
Net Income	40.66	38.73	38.06	42.72	42.17	31.46
Net Income to Common	40.66	38.73	38.06	42.72	42.17	31.46
Net Income Growth	13.59%	1.77%	-10.90%	1.29%	34.06%	-8.02%
Basic Shares Outstanding	12	12	12	12	12	12
Diluted Shares Outstanding	12	12	12	12	12	12
Shares Change (YoY)	1.42%	1.26%	0.78%	0.82%	1.11%	0.76%
EPS (Basic)	3.27	3.13	3.11	3.53	3.51	2.64
EPS (Diluted)	3.27	3.12	3.11	3.52	3.50	2.64
EPS Growth	11.95%	0.32%	-11.65%	0.57%	32.58%	-8.65%
Dividend Per Share	0.970	0.960	0.920	0.820	0.740	0.700
Dividend Growth	4.30%	4.35%	12.20%	10.81%	5.71%	9.38%
Effective Tax Rate	24.80%	24.97%	25.73%	23.92%	24.37%	24.44%

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q