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
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:BHBK
CUSIPN/A
Phone617-361-6900
Debt
Debt-to-Equity Ratio0.27
Current Ratio1.03
Quick Ratio1.03
Price-To-Earnings
Trailing P/E Ratio39.55
Forward P/E Ratio24.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$101.86 million
Price / Sales5.89
Cash Flow$0.6910 per share
Price / Cash32.30
Book Value$14.83 per share
Price / Book1.51
Profitability
EPS (Most Recent Fiscal Year)$0.56
Net Income$16.48 million
Net Margins15.12%
Return on Equity4.31%
Return on Assets0.66%
Miscellaneous
Employees237
Outstanding Shares26,860,000
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 announced a quarterly dividend on Thursday, May 17th. Shareholders of record on Wednesday, May 30th will be paid a dividend of $0.15 per share on Wednesday, June 13th. This represents a $0.60 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, May 29th. View Blue Hills Bancorp's Dividend History.
How were Blue Hills Bancorp's earnings last quarter?
Blue Hills Bancorp Inc (NASDAQ:BHBK) released its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.05. The bank earned $22.26 million during the quarter. Blue Hills Bancorp had a return on equity of 4.31% and a net margin of 15.12%. 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 Wall Street analysts have issued 12-month price objectives for Blue Hills Bancorp's shares. Their predictions range from $22.50 to $22.50. On average, they expect Blue Hills Bancorp's share price to reach $22.50 in the next year. View Analyst Ratings for Blue Hills Bancorp.
Who are some of Blue Hills Bancorp's key competitors?
Some companies that are related to Blue Hills Bancorp include Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB), Ameris Bancorp (ABCB), Eagle Bancorp (EGBN), Independent Bank Group (IBTX), Banner (BANR), Pacific Premier Bancorp (PPBI), Heartland Financial USA (HTLF), First Bancorp (FBP), First Busey (BUSE), S & T Bancorp (STBA), Seacoast Banking Co. of Florida (SBCF) and 1st Source (SRCE).
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)
Has Blue Hills Bancorp been receiving favorable news coverage?
Media stories about BHBK stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blue Hills Bancorp earned a media sentiment score of 0.10 on Accern's scale. They also gave news stories about the bank an impact score of 47.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Blue Hills Bancorp's major shareholders?
Blue Hills Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.99%), Dimensional Fund Advisors LP (3.32%), Millennium Management LLC (0.87%), Wasatch Advisors Inc. (0.64%), Federated Investors Inc. PA (0.52%) and Matarin Capital Management LLC (0.27%). 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 Thrivent Financial for Lutherans, Federated Investors Inc. PA, Citadel Advisors LLC, Pecaut & CO., Anchor Capital Advisors LLC and BlackRock Inc.. 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 Millennium Management LLC, Dimensional Fund Advisors LP, Matarin Capital Management LLC, Wasatch Advisors Inc., Dupont Capital Management Corp, JPMorgan Chase & Co. and ClariVest Asset Management LLC. 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 $22.32.
How big of a company is Blue Hills Bancorp?
Blue Hills Bancorp has a market capitalization of $596.37 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.
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 (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.
