Blue Hills Bancorp, Inc. operates as the bank holding company for Blue Hills Bank that provides financial services to individuals, families, small to mid-size businesses, government, and non-profit organizations in Massachusetts. The company accepts passbook and statement savings, money market, commercial and regular checking, as well as certificates of deposit and IRAs. It also offers 1-4 family residential mortgage, commercial real estate, commercial business, construction, and consumer loans, as well as home equity loans and lines of credit; and investment securities. At December 31, 2017, the company operated through a network of 11 full-service branch offices located in Boston, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts. Blue Hills Bancorp, Inc. was founded in 1871 and is headquartered in Norwood, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:BHBK
Previous Symbol
CUSIPN/A
Phone617-361-6900
Debt
Debt-to-Equity Ratio0.20
Current Ratio1.02
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio40.91
Forward P/E Ratio23.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$101.86 million
Price / Sales6.13
Cash Flow$0.6837 per share
Price / Cash33.99
Book Value$15.01 per share
Price / Book1.55
Profitability
EPS (Most Recent Fiscal Year)$0.56
Net Income$16.48 million
Net Margins17.82%
Return on Equity5.72%
Return on Assets0.84%
Miscellaneous
Employees237
Outstanding Shares26,860,000
Market Cap$627.40 million
OptionableOptionable
Blue Hills Bancorp (NASDAQ:BHBK) Frequently Asked Questions
What is Blue Hills Bancorp's stock symbol?
Blue Hills Bancorp trades on the NASDAQ under the ticker symbol "BHBK."
How often does Blue Hills Bancorp pay dividends? What is the dividend yield for Blue Hills Bancorp?
Blue Hills Bancorp declared a quarterly dividend on Thursday, July 26th. Shareholders of record on Wednesday, August 8th will be paid a dividend of $0.20 per share on Wednesday, August 22nd. This represents a $0.80 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Tuesday, August 7th. This is a boost from Blue Hills Bancorp's previous quarterly dividend of $0.15. View Blue Hills Bancorp's Dividend History.
How were Blue Hills Bancorp's earnings last quarter?
Blue Hills Bancorp Inc (NASDAQ:BHBK) released its earnings results on Wednesday, October, 24th. The bank reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.01. The bank earned $23.32 million during the quarter, compared to analysts' expectations of $23 million. Blue Hills Bancorp had a return on equity of 5.72% and a net margin of 17.82%. View Blue Hills Bancorp's Earnings History.
When is Blue Hills Bancorp's next earnings date?
What price target have analysts set for BHBK?
2 brokerages have issued 12 month price targets for Blue Hills Bancorp's shares. Their predictions range from $22.50 to $27.18. On average, they expect Blue Hills Bancorp's share price to reach $24.84 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Blue Hills Bancorp.
What is the consensus analysts' recommendation for Blue Hills Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blue Hills Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blue Hills Bancorp.
Has Blue Hills Bancorp been receiving favorable news coverage?
News headlines about BHBK stock have trended somewhat positive on Thursday, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blue Hills Bancorp earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term.
Are investors shorting Blue Hills Bancorp?
Blue Hills Bancorp saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 362,596 shares, a drop of 34.1% from the October 15th total of 549,906 shares. Based on an average trading volume of 185,744 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.5% of the company's shares are sold short. View Blue Hills Bancorp's Current Options Chain.
Who are some of Blue Hills Bancorp's key competitors?
Some companies that are related to Blue Hills Bancorp include South State (SSB), CVB Financial (CVBF), First Interstate Bancsystem (FIBK), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), Ameris Bancorp (ABCB), Renasant (RNST), United Community Banks (UCBI), TowneBank (TOWN), First Bancorp (FBP), ServisFirst Bancshares (SFBS), Banner (BANR), Heartland Financial USA (HTLF) and Pacific Premier Bancorp (PPBI).
Who are Blue Hills Bancorp's key executives?
Blue Hills Bancorp's management team includes the folowing people:
- Mr. William M. Parent, Pres, CEO & Director (Age 56)
- Mr. James E. Kivlehan, Exec. VP of Consumer Banking (Age 57)
- Mr. Kevin F. Malone, Exec. VP of Commercial Banking (Age 58)
- Ms. Lauren B. Messmore, Exec. VP, CFO & Corp. Sec. (Age 48)
- Mr. Robert A. Landstein, Sr. VP & CTO (Age 49)
Who are Blue Hills Bancorp's major shareholders?
Blue Hills Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (6.51%), BlackRock Inc. (5.17%), Dimensional Fund Advisors LP (3.93%), Renaissance Technologies LLC (1.65%), Royce & Associates LP (1.40%) and Wasatch Advisors Inc. (0.72%). Company insiders that own Blue Hills Bancorp stock include Brian G Leary, David J Jr Houston, George E Clancy, Jim Kivlehan, Pamela C Scott, Peter J Manning, Robert Driscoll and Scott Smith. View Institutional Ownership Trends for Blue Hills Bancorp.
Which institutional investors are selling Blue Hills Bancorp stock?
BHBK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Royce & Associates LP, Putnam Investments LLC, Strs Ohio, JPMorgan Chase & Co., JPMorgan Chase & Co. and Credit Suisse AG. Company insiders that have sold Blue Hills Bancorp company stock in the last year include Brian G Leary, David J Jr Houston, George E Clancy, Robert Driscoll and Scott Smith. View Insider Buying and Selling for Blue Hills Bancorp.
Which institutional investors are buying Blue Hills Bancorp stock?
BHBK stock was bought by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Hennessy Advisors Inc., ARP Americas LP, Matarin Capital Management LLC, Dimensional Fund Advisors LP, Monarch Partners Asset Management LLC, Renaissance Technologies LLC and First Trust Advisors LP. View Insider Buying and Selling for Blue Hills Bancorp.
How do I buy shares of Blue Hills Bancorp?
Shares of BHBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Blue Hills Bancorp's stock price today?
One share of BHBK stock can currently be purchased for approximately $23.24.
How big of a company is Blue Hills Bancorp?
Blue Hills Bancorp has a market capitalization of $627.40 million and generates $101.86 million in revenue each year. The bank earns $16.48 million in net income (profit) each year or $0.56 on an earnings per share basis. Blue Hills Bancorp employs 237 workers across the globe.
What is Blue Hills Bancorp's official website?
How can I contact Blue Hills Bancorp?
Blue Hills Bancorp's mailing address is 500 RIVER RIDGE DRIVE, NORWOOD MA, 02062. The bank can be reached via phone at 617-361-6900 or via email at [email protected]
MarketBeat Community Rating for Blue Hills Bancorp (NASDAQ BHBK)
MarketBeat's community ratings are surveys of what our community members think about Blue Hills Bancorp and other stocks. Vote "Outperform" if you believe BHBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BHBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
