Meridian Bancorp Company Profile (NASDAQ:EBSB)

About Meridian Bancorp (NASDAQ:EBSB)

Meridian Bancorp logoMeridian Bancorp Inc, formerly Meridian Interstate Bancorp, Inc., is a mid-tier stock holding company of East Boston Savings Bank (the Bank). The Bank is a state-chartered stock savings bank that operates from 24 full-service locations and two loan centers in the Boston metropolitan area. East Boston Savings Bank operates eight of its full-service locations and a loan center under the name Mt. Washington Bank, a division of East Boston Savings Bank. The Bank offers a variety of deposit and loan products to individuals and businesses located in its primary market, which consists of Suffolk, Middlesex and Essex Counties, Massachusetts. The Bank operates as a community-oriented financial institution offering financial services to consumers and businesses. As of December 31, 2011, Meridian Financial Services, Incorporated owned 59.4% interest of the Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Savings & Loans
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:EBSB
  • CUSIP: 58964Q10
  • Web: www.ebsb.com
Capitalization:
  • Market Cap: $1.03794 billion
  • Outstanding Shares: 53,919,000
Average Prices:
  • 50 Day Moving Avg: $18.59
  • 200 Day Moving Avg: $17.56
  • 52 Week Range: $15.23 - $20.55
P/E:
  • Trailing P/E Ratio: 24.68
  • Foreward P/E Ratio: 20.48
  • P/E Growth: 1.96
Sales & Book Value:
  • Annual Revenue: $146.27 million
  • Price / Sales: 7.10
  • Book Value: $12.29 per share
  • Price / Book: 1.57
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.8%
Profitability:
  • Net Margins: 22.50%
  • Return on Equity: 6.77%
  • Return on Assets: 0.92%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.23%
  • Quick Ratio: 1.23%
Misc:
  • Average Volume: 183,815 shs.
  • Beta: 0.26
  • Short Ratio: 2.13
 

Frequently Asked Questions for Meridian Bancorp (NASDAQ:EBSB)

What is Meridian Bancorp's stock symbol?

Meridian Bancorp trades on the NASDAQ under the ticker symbol "EBSB."

How often does Meridian Bancorp pay dividends? What is the dividend yield for Meridian Bancorp?

Meridian Bancorp declared a quarterly dividend on Tuesday, September 5th. Shareholders of record on Tuesday, September 19th will be given a dividend of $0.04 per share on Tuesday, October 3rd. This represents a $0.16 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Monday, September 18th. View Meridian Bancorp's Dividend History.

How were Meridian Bancorp's earnings last quarter?

Meridian Bancorp, Inc. (NASDAQ:EBSB) released its quarterly earnings data on Tuesday, July, 25th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. The firm had revenue of $40.49 million for the quarter. Meridian Bancorp had a net margin of 22.50% and a return on equity of 6.77%. View Meridian Bancorp's Earnings History.

When will Meridian Bancorp make its next earnings announcement?

Meridian Bancorp is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Meridian Bancorp.

Where is Meridian Bancorp's stock going? Where will Meridian Bancorp's stock price be in 2017?

3 analysts have issued 12 month target prices for Meridian Bancorp's shares. Their predictions range from $19.00 to $20.00. On average, they expect Meridian Bancorp's stock price to reach $19.33 in the next twelve months. View Analyst Ratings for Meridian Bancorp.

Who are some of Meridian Bancorp's key competitors?

How do I buy Meridian Bancorp stock?

Shares of Meridian Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Meridian Bancorp's stock price today?

One share of Meridian Bancorp stock can currently be purchased for approximately $19.25.


MarketBeat Community Rating for Meridian Bancorp (NASDAQ EBSB)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  102 (Vote Underperform)
Total Votes:  151
MarketBeat's community ratings are surveys of what our community members think about Meridian Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Meridian Bancorp (NASDAQ:EBSB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $19.33 (0.43% upside)
Consensus Price Target History for Meridian Bancorp (NASDAQ:EBSB)
Price Target History for Meridian Bancorp (NASDAQ:EBSB)
Analysts' Ratings History for Meridian Bancorp (NASDAQ:EBSB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/31/2017Keefe, Bruyette & WoodsReiterated RatingHold$19.00MediumView Rating Details
7/26/2017Piper Jaffray CompaniesReiterated RatingHoldHighView Rating Details
6/26/2017Compass PointUpgradeNeutral -> Buy$19.00MediumView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Meridian Bancorp (NASDAQ:EBSB)
Earnings by Quarter for Meridian Bancorp (NASDAQ:EBSB)
Earnings History by Quarter for Meridian Bancorp (NASDAQ EBSB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$0.19N/AView Earnings Details
7/25/2017Q2 2017$0.18$0.22$40.49 millionViewN/AView Earnings Details
1/24/2017Q4 2016$0.18$0.22$39.03 millionViewN/AView Earnings Details
10/25/2016Q3$0.15$0.18$34.60 millionViewN/AView Earnings Details
7/26/2016Q2$0.14$0.11$32.04 millionViewN/AView Earnings Details
4/26/2016Q1$0.12$0.14$31.07 millionViewN/AView Earnings Details
1/26/2016Q4$0.12$0.13$30.01 millionViewN/AView Earnings Details
4/28/2015Q3$0.12$0.11$26.12 million$27.74 millionViewN/AView Earnings Details
1/26/2015Q4 2014$0.07$0.11$25.45 million$27.95 millionViewN/AView Earnings Details
10/28/2014Q3 2014$0.06$0.11$24.31 million$26.41 millionViewN/AView Earnings Details
7/22/2014Q2 14$0.14$0.25$23.84 million$25.28 millionViewN/AView Earnings Details
1/28/2014Q4 13$0.11$0.18ViewN/AView Earnings Details
1/22/2013Q4 2012$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Meridian Bancorp (NASDAQ:EBSB)
2017 EPS Consensus Estimate: $0.61
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.15$0.15$0.15
Q2 20171$0.15$0.15$0.15
Q3 20171$0.15$0.15$0.15
Q4 20171$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Meridian Bancorp (NASDAQ:EBSB)
Most Recent Dividend:10/3/2017
Annual Dividend:$0.16
Dividend Yield:0.83%
Payout Ratio:20.00% (Trailing 12 Months of Earnings)
19.75% (Based on This Year's Estimates)
17.02% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Meridian Bancorp (NASDAQ:EBSB)

Dividend History by Quarter for Meridian Bancorp (NASDAQ EBSB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/5/2017quarterly$0.040.91%9/18/20179/19/201710/3/2017
6/2/2017quarterly$0.040.97%6/19/20176/21/20177/5/2017
3/3/2017quarterly$0.040.84%3/17/20173/21/20174/4/2017
12/2/2016quarterly$0.030.67%12/16/201612/20/20161/3/2017
9/2/2016quarterly$0.030.77%9/15/20169/19/201610/3/2016
6/2/2016quarterly$0.030.79%6/15/20166/17/20167/1/2016
3/3/2016quarterly$0.030.85%3/18/20163/22/20164/5/2016
12/10/2015quarterly$0.030.84%12/21/201512/23/20151/6/2016
8/28/2015special$0.039/15/20159/17/201510/1/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Meridian Bancorp (NASDAQ:EBSB)
Insider Ownership Percentage: 5.10%
Institutional Ownership Percentage: 65.08%
Insider Trades by Quarter for Meridian Bancorp (NASDAQ:EBSB)
Institutional Ownership by Quarter for Meridian Bancorp (NASDAQ:EBSB)
Insider Trades by Quarter for Meridian Bancorp (NASDAQ:EBSB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/9/2017James G. SartoriDirectorSell1,500$17.36$26,040.00View SEC Filing  
8/3/2017Frank RomanoEVPBuy3,785$17.69$66,956.65View SEC Filing  
7/28/2017James G. SartoriDirectorSell8,324$17.46$145,337.04View SEC Filing  
2/28/2017Gregory F. NatalucciDirectorSell4,600$18.91$86,986.00View SEC Filing  
2/23/2017James G. SartoriDirectorSell8,216$19.19$157,665.04View SEC Filing  
2/22/2017James G. SartoriDirectorSell8,835$19.31$170,603.85View SEC Filing  
11/9/2016Richard F. FernandezDirectorSell10,000$16.20$162,000.00View SEC Filing  
10/31/2016James G. SartoriDirectorSell16,837$16.00$269,392.00View SEC Filing  
5/31/2016Thomas J GunningDirectorBuy335$14.97$5,014.95View SEC Filing  
5/6/2016James G SartoriDirectorSell1,625$13.42$21,807.50View SEC Filing  
1/29/2016Edward J. MerrittEVPBuy42$13.69$574.98View SEC Filing  
5/1/2015James G SartoriDirectorSell1,224$12.87$15,752.88View SEC Filing  
12/1/2014Richard F FernandezDirectorBuy3,000$10.90$32,700.00View SEC Filing  
11/19/2014Richard F FernandezDirectorBuy1,000$11.13$11,130.00View SEC Filing  
11/13/2014Richard F FernandezDirectorBuy10,000$11.54$115,400.00View SEC Filing  
11/11/2014Richard F FernandezDirectorBuy5,000$11.46$57,300.00View SEC Filing  
10/31/2014James G SartoriDirectorBuy6,032$11.25$67,860.00View SEC Filing  
9/9/2014Richard F FernandezDirectorBuy1,000$10.74$10,740.00View SEC Filing  
8/27/2014Richard F FernandezDirectorBuy2,000$10.76$21,520.00View SEC Filing  
7/29/2014James G SartoriDirectorBuy3,000$10.48$31,440.00View SEC Filing  
7/29/2013Vincent D BasileDirectorSell1,000$20.50$20,500.00View SEC Filing  
5/28/2013Vincent D BasileDirectorSell2,000$18.22$36,440.00View SEC Filing  
4/30/2013Carl LagrecaDirectorBuy2,000$18.28$36,560.00View SEC Filing  
2/28/2013Edward J MerrittEVPBuy1,793$18.40$32,991.20View SEC Filing  
12/7/2012Richard F FernandezDirectorBuy1,500$16.32$24,480.00View SEC Filing  
11/30/2012Domenic A GambardellaDirectorBuy1,500$16.49$24,735.00View SEC Filing  
8/10/2012Richard F FernandezDirectorBuy1,000$15.53$15,530.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Meridian Bancorp (NASDAQ:EBSB)
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Chart

Meridian Bancorp (EBSB) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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