Enterprise BancorpEBTC
EBTC
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
175% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 12
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
35% more capital invested
Capital invested by funds: $97.2M [Q2] → $131M (+$34.2M) [Q3]
16% more funds holding
Funds holding: 69 [Q2] → 80 (+11) [Q3]
1.57% more ownership
Funds ownership: 31.53% [Q2] → 33.1% (+1.57%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for EBTC.
Financial journalist opinion
Neutral
GlobeNewsWire
10 hours ago
Enterprise Bancorp, Inc. Announces Quarterly Dividend
LOWELL, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC) On January 21, 2025, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.25 per share to be paid on March 3, 2025, to shareholders of record as of February 10, 2025.
Neutral
Business Wire
1 month ago
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 Trust”), and Lowell, MA-based Enterprise Bancorp, Inc. (NASDAQ: EBTC) (“Enterprise”)(KBRA senior unsecured debt rating: BBB / Stable Outlook), parent company of Enterprise Bank and Trust Company (“Enterprise Bank”), jointly announced the signing of a definitive merger agreement pursuant to which Enterprise will merge into I.
Neutral
Business Wire
1 month ago
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 Bancorp, Inc. (NasdaqGS: EBTC) to Independent Bank Corp. (NasdaqGS: INDB). Under the terms of the proposed transaction, shareholders of Enterprise will receive 0.60 shares of Independent and $2.00 in cash for each share of Enterprise that they own. KSF is seeking to determine whether this considerat.
Positive
Zacks Investment Research
1 month ago
INDB to Buy Enterprise Bancorp, Expand Footprint in Lucrative Markets
Independent Bank is set to buy Enterprise Bancorp, expanding its presence in lucrative Northern MA & Southern NH markets.
Neutral
PRNewsWire
1 month ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Enterprise Bancorp, Inc. - EBTC
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Enterprise Bancorp, Inc. (NASDAQ: EBTC ), relating to the proposed merger with Independent Bank Corp. Under the terms of the agreement, shareholders of Enterprise will receive 0.60 shares of Independent, and $2.00 in cash, per share held.
Neutral
Business Wire
1 month ago
EBTC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Enterprise Bancorp, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Enterprise Bancorp, Inc. (NASDAQ: EBTC) to Independent Bank Corp. for 0.60 shares of Independent common stock and $2.00 in cash for each share of Enterprise common stock is fair to Enterprise shareholders. Halper Sadeh encourages Enterprise shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@.
Neutral
GlobeNewsWire
3 months ago
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 income amounted to $10.0 million, or $0.80 per diluted common share, for the three months ended September 30, 2024 compared to $9.5 million, or $0.77 per diluted common share, for the three months ended June 30, 2024 and $9.7 million, or $0.79 per diluted common share, for the three months ended September 30, 2023.
Neutral
GlobeNewsWire
3 months ago
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.
Positive
Seeking Alpha
3 months ago
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.
Neutral
GlobeNewsWire
5 months ago
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.
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