Enterprise Bancorp
EBTC
Market cap $408M

32.87 USD

-0.97

2.87%

At close Oct 18, 4:00 PM EDT

After hours

32.87

+0.00

0.00%

1 day

-2.87%

5 days

1.61%

1 month

3.85%

3 months

18.92%

6 months

39.87%

Year to date

0.58%

1 year

24.13%

5 years

13.34%

About: Enterprise Bancorp Inc is a holding company engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the company offers a range of commercial, residential, and consumer loan products, deposit products, and cash management services, as well as wealth management and wealth services.

Employees: 570

Financials State Commercial Banks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

53% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 19

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

3% more funds holding

Funds holding: 67 [Q1] → 69 (+2) [Q2]

0.45% less ownership

Funds ownership: 31.52% [Q1] → 31.07% (-0.45%) [Q2]

5% less capital invested

Capital invested by funds: $101M [Q1] → $95.7M (-$4.78M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for EBTC.

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Financial journalist opinion

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 dividend of $0.24 per share to be paid on December 2, 2024, to shareholders of record as of November 11, 2024.

Enterprise Bancorp, Inc. Announces Quarterly Dividend

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 rate reductions will likely boost EBTC's earnings per share, potentially driving the stock price up by 34% over the next two years. The bank's consistent loan growth and high insider ownership underscore its disciplined management and reliability, having remained profitable for 139 consecutive quarters.

Enterprise Bancorp Still Has Upside, Despite Its Recent Rally

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 income amounted to $9.5 million, or $0.77 per diluted common share, for the three months ended June 30, 2024 compared to $8.5 million, or $0.69 per diluted common share, for the three months ended March 31, 2024 and $9.7 million, or $0.79 per diluted common share, for the three months ended June 30, 2023.

Enterprise Bancorp, Inc. Announces Second Quarter Financial Results

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 Wealth Management. In his new role, Lynch will oversee the entire wealth management division and help set the team's strategic direction.

Enterprise Bank Appoints David Lynch as Managing Director and Chief Investment Officer, of Enterprise Wealth Management

Enterprise Bancorp, Inc. Announces Quarterly Dividend

LOWELL, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC) On July 16, 2024, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.24 per share to be paid on September 3, 2024, to shareholders of record as of August 13, 2024.

Enterprise Bancorp, Inc. Announces Quarterly Dividend

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 position he has held since 2007. Mr. Clancy, named an honorary director of the company by its Board of Directors, will serve as an executive advisor. Succeeding him as CEO is Steven R. Larochelle, Chief Banking Officer of Enterprise Bank.

Enterprise Bank Announces CEO Retirement and Successor Appointment

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 income amounted to $8.5 million, or $0.69 per diluted common share, for the three months ended March 31, 2024, compared to $7.9 million, or $0.64 per diluted share, for the three months ended December 31, 2023 and $10.8 million, or $0.88 per diluted share, for the three months ended March 31, 2023.

Enterprise Bancorp, Inc. Announces First Quarter Financial Results

Enterprise Bancorp, Inc. Announces Quarterly Dividend

LOWELL, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC) On April 16, 2024, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.24 per share to be paid on June 3, 2024, to shareholders of record as of May 13, 2024.

Enterprise Bancorp, Inc. Announces Quarterly Dividend

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 for 137 consecutive quarters. The decrease in interest rates and the market shifting its focus on the bank's fundamentals are likely to benefit EBTC in the future.

Enterprise Bancorp: A Great Stock For Lower Interest Rates

13 Upcoming Dividend Increases

13 Upcoming Dividend Increases

13 Upcoming Dividend Increases

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