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
SymbolNASDAQ:BHBK
CUSIPN/A
Phone617-361-6900
Debt
Debt-to-Equity Ratio0.22
Current Ratio1.03
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio40.54
Forward P/E Ratio22.70
P/E GrowthN/A
Sales & Book Value
Annual Sales$101.86 million
Price / Sales5.99
Cash Flow$0.7156 per share
Price / Cash31.72
Book Value$14.83 per share
Price / Book1.53
Profitability
EPS (Most Recent Fiscal Year)$0.56
Net Income$16.48 million
Net Margins17.02%
Return on Equity5.02%
Return on Assets0.75%
Miscellaneous
Employees237
Outstanding Shares26,900,000
Market Cap$586.45 million
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. Investors of record on Wednesday, August 8th will be given a dividend of $0.20 per share on Wednesday, August 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Tuesday, August 7th. This is a positive change 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 quarterly earnings data on Friday, July, 27th. The bank reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.04. The bank earned $22.62 million during the quarter, compared to analysts' expectations of $21.70 million. Blue Hills Bancorp had a net margin of 17.02% and a return on equity of 5.02%. 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 brokers have issued 12 month price objectives for Blue Hills Bancorp's shares. Their predictions range from $22.50 to $22.50. On average, they anticipate Blue Hills Bancorp's stock price to reach $22.50 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. 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.
Who are some of Blue Hills Bancorp's key competitors?
Some companies that are related to Blue Hills Bancorp include Pacific Premier Bancorp (PPBI), Ameris Bancorp (ABCB), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Independent Bank Group (IBTX), Banner (BANR), Heartland Financial USA (HTLF), Hilltop (HTH), Eagle Bancorp (EGBN), First Bancorp (FBP), S & T Bancorp (STBA), First Busey (BUSE), 1st Source (SRCE) and Seacoast Banking Co. of Florida (SBCF).
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?
Headlines about BHBK stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blue Hills Bancorp earned a news and rumor sentiment score of 0.23 on Accern's scale. They also assigned news articles about the bank an impact score of 47.06 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Blue Hills Bancorp.
Who are Blue Hills Bancorp's major shareholders?
Blue Hills Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (8.81%), BlackRock Inc. (5.09%), Dimensional Fund Advisors LP (3.62%), Royce & Associates LP (1.57%), Renaissance Technologies LLC (1.39%) and Bank of New York Mellon Corp (0.67%). 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 major investors are selling Blue Hills Bancorp stock?
BHBK stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Putnam Investments LLC, FMR LLC, Bank of America Corp DE, Macquarie Group Ltd., Renaissance Technologies LLC, Citadel Advisors LLC and Anchor Capital Advisors LLC. 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 major investors are buying Blue Hills Bancorp stock?
BHBK stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Chicago Equity Partners LLC, BlackRock Inc., Acadian Asset Management LLC, Zacks Investment Management, MetLife Investment Advisors LLC, GSA Capital Partners LLP and Federated Investors Inc. PA. 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 $22.70.
How big of a company is Blue Hills Bancorp?
Blue Hills Bancorp has a market capitalization of $586.45 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 (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.
