Meridian Bancorp (EBSB) Stock Price, News & Analysis

Meridian Bancorp, Inc. (NASDAQ:EBSB) announced its quarterly earnings data on Wednesday, October, 20th. The savings and loans company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.03. The savings and loans company earned $49.11 million during the quarter, compared to analyst estimates of $52.38 million. Meridian Bancorp had a net margin of 31.56% and a trailing twelve-month return on equity of 9.75%.

Meridian Bancorp (NASDAQ:EBSB) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.66%. The dividend payout ratio is 26.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EBSB will have a dividend payout ratio of 27.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EBSB.

6 employees have rated Meridian Bancorp Chief Executive Officer Richard Gavegnano on Glassdoor.com. Richard Gavegnano has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Bancorp investors own include Ford Motor (F), Bank of Hawaii (BOH), InterDigital (IDCC), Verizon Communications (VZ), STAG Industrial (STAG), Chipotle Mexican Grill (CMG), Dominion Energy (D), General Electric (GE), Altria Group (MO) and