Meridian Bancorp Company Profile (NASDAQ:EBSB)

About Meridian Bancorp

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
  • Exchange: NASDAQ
  • Symbol: EBSB
  • CUSIP: 58964Q10
Key Metrics:
  • Previous Close: $15.38
  • 50 Day Moving Average: $15.45
  • 200 Day Moving Average: $14.84
  • 52-Week Range: $12.28 - $15.77
  • Trailing P/E Ratio: 31.78
  • Foreward P/E Ratio: 24.33
  • P/E Growth: 2.29
  • Market Cap: $794.47M
  • Outstanding Shares: 51,026,000
  • Beta: 0.66
Profitability:
  • Net Margins: 17.96%
  • Return on Equity: 4.44%
  • Return on Assets: 0.71%
Debt:
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Additional Links:
Companies Related to Meridian Bancorp:

Analyst Ratings

Consensus Ratings for Meridian Bancorp (NASDAQ:EBSB) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: $13.75 (11.69% downside)
Analysts' Ratings History for Meridian Bancorp (NASDAQ:EBSB)
Show:
DateFirmActionRatingPrice TargetDetails
10/29/2015Keefe, Bruyette & WoodsBoost Price Target$13.25 -> $13.75View Rating Details
9/30/2015Hovde GroupInitiated CoverageMarket Perform$15.25View Rating Details
6/5/2015Piper Jaffray Cos.Initiated CoverageNeutral$14.00View Rating Details
10/29/2014Compass PointReiterated RatingBuy$12.00 -> $13.00View Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Meridian Bancorp (NASDAQ:EBSB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
7/26/2016Q2$0.14$0.11ViewN/AView Earnings Details
4/26/2016Q1$0.12$0.14ViewN/AView Earnings Details
1/26/2016Q4$0.12$0.13ViewN/AView Earnings Details
10/27/2015Q3$0.12$0.11ViewN/AView Earnings Details
1/26/2015$0.07$0.11ViewN/AView Earnings Details
10/30/2014$0.06$0.11ViewN/AView Earnings Details
7/22/2014Q2 14$0.14$0.25ViewN/AView Earnings Details
4/22/2014$0.11$0.17ViewN/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)
Current Year EPS Consensus Estimate: $0.58 EPS
Next Year EPS Consensus Estimate: $0.64 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.12$0.12$0.12
Q2 20161$0.13$0.13$0.13
Q3 20161$0.14$0.14$0.14
Q4 20161$0.15$0.15$0.15
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)
Annual Dividend:$0.12
Dividend Yield:0.77%
Payout Ratio:24.49% (Based on Trailing 12 Months of Earnings)
20.69% (Based on Current Year Consensus EPS Estimate)
18.75% (Based on Next Year Consensus EPS Estimate)
Dividend History for Meridian Bancorp (NASDAQ:EBSB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Meridian Bancorp (NASDAQ:EBSB)
Insider Ownership Percentage: 5.10%
Institutional Ownership Percentage: 66.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Meridian Bancorp (NASDAQ:EBSB)
DateHeadline
4-traders.com logoMeridian Bancorp : EBSB Warms Up for the 11th Annual 5K Bay Run/Walk (NASDAQ:EBSB)
www.4-traders.com - September 21 at 9:02 AM
publicnow.com logoEBSB Warms Up for the 11th Annual 5K Bay Run/Walk (NASDAQ:EBSB)
www.publicnow.com - September 20 at 8:29 AM
capitalcube.com logoETF’s with exposure to Meridian Bancorp, Inc. : September 15, 2016 (NASDAQ:EBSB)
www.capitalcube.com - September 15 at 5:04 PM
4-traders.com logoMeridian Bancorp : Announces Quarterly Dividend (NASDAQ:EBSB)
www.4-traders.com - September 14 at 9:55 PM
capitalcube.com logoETF’s with exposure to Meridian Bancorp, Inc. : August 23, 2016 (NASDAQ:EBSB)
www.capitalcube.com - August 23 at 4:51 PM
capitalcube.com logoMeridian Bancorp, Inc. :EBSB-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:EBSB)
www.capitalcube.com - August 12 at 4:47 PM
capitalcube.com logoETF’s with exposure to Meridian Bancorp, Inc. : August 9, 2016 (NASDAQ:EBSB)
www.capitalcube.com - August 9 at 3:24 PM
capitalcube.com logoMeridian Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : EBSB-US : August 8, 2016 (NASDAQ:EBSB)
www.capitalcube.com - August 8 at 9:33 AM
publicnow.com logoMeridian Bancorp, Inc. Announces New Board of Directors (NASDAQ:EBSB)
www.publicnow.com - August 2 at 4:55 PM
nasdaq.com logoMeridian Bancorp, Inc. Reports Net Income for the Second Quarter And Six ... (NASDAQ:EBSB)
www.nasdaq.com - July 27 at 9:29 AM
publicnow.com logoMeridian Bancorp, Inc. Reports Net Income for the Second Quarter And Six Months Ended June 30, 2016 (NASDAQ:EBSB)
www.publicnow.com - July 27 at 3:28 AM
sg.finance.yahoo.com logoMeridian Bancorp posts 2Q profit (NASDAQ:EBSB)
sg.finance.yahoo.com - July 26 at 5:51 PM
capitalcube.com logoMeridian Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : EBSB-US : June 27, 2016 (NASDAQ:EBSB)
www.capitalcube.com - June 27 at 9:09 AM
capitalcube.com logoMeridian Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : EBSB-US : June 16, 2016 (NASDAQ:EBSB)
www.capitalcube.com - June 16 at 8:17 AM
4-traders.com logoMeridian Bancorp : Mobile Branch Grand Opening Ceremomy (NASDAQ:EBSB)
www.4-traders.com - June 15 at 9:30 AM
publicnow.com logoMobile Branch Grand Opening Ceremomy (NASDAQ:EBSB)
www.publicnow.com - June 14 at 10:49 AM
fidaily.com logoMeridian Bancorp, Inc. (NASDAQ:EBSB) Trading Down – Insiders Buying, Short Interest Falling (NASDAQ:EBSB)
www.fidaily.com - May 31 at 4:51 PM
equities.com logoMeridian Bancorp Inc (EBSB) is Trading Higher on Unusual Volume for May 24 - Equities.com (NASDAQ:EBSB)
www.equities.com - May 27 at 2:28 PM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:EBSB)
biz.yahoo.com - May 19 at 4:13 PM
publicnow.com logoWe Hosted Our Annual Business Breakfast (NASDAQ:EBSB)
www.publicnow.com - May 19 at 11:32 AM
capitalcube.com logoETF’s with exposure to Meridian Bancorp, Inc. : May 9, 2016 (NASDAQ:EBSB)
www.capitalcube.com - May 9 at 3:15 PM
capitalcube.com logoMeridian Bancorp, Inc. :EBSB-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:EBSB)
www.capitalcube.com - April 29 at 10:12 AM
sg.finance.yahoo.com logoMeridian Bancorp posts 1Q profit (NASDAQ:EBSB)
sg.finance.yahoo.com - April 26 at 5:27 PM
publicnow.com logoMeridian Bancorp, Inc. Reports Net Income for the 1st Quarter Ended March 31, 2016 (NASDAQ:EBSB)
www.publicnow.com - April 26 at 4:59 PM
finance.yahoo.com logoMeridian Bancorp, Inc. Reports Net Income for the First Quarter Ended March 31, 2016 (NASDAQ:EBSB)
finance.yahoo.com - April 26 at 4:05 PM
publicnow.com logoSilvia Guerrero Promoted to AVP Branch Manager (NASDAQ:EBSB)
www.publicnow.com - April 21 at 9:37 AM
capitalcube.com logoMeridian Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : EBSB-US : April 6, 2016 (NASDAQ:EBSB)
www.capitalcube.com - April 6 at 8:15 AM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 10-K, Annual Report (NASDAQ:EBSB)
biz.yahoo.com - March 11 at 4:14 PM
bizjournals.com logoForget food trucks. This bank is building a branch on wheels. (NASDAQ:EBSB)
www.bizjournals.com - March 9 at 2:33 PM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:EBSB)
biz.yahoo.com - March 1 at 4:22 PM
twst.com logoMeridian Bancorp Inc.: EBSB Appoints Branch Manager of New Kneeland St. Branch in Chinatown - The Wall Street Transcript (NASDAQ:EBSB)
www.twst.com - February 26 at 11:20 AM
4-traders.com logoMeridian Bancorp : EBSB Appoints Branch Manager of New Kneeland St. Branch in Chinatown (NASDAQ:EBSB)
www.4-traders.com - February 26 at 11:20 AM
equities.com logoMeridian Bancorp Inc (EBSB) is Trading Higher on Unusual Volume for February 15 - Equities.com (NASDAQ:EBSB)
www.equities.com - February 16 at 2:56 PM
equities.com logoMeridian Bancorp Inc (EBSB) is Trading Higher on Unusual Volume for February 12 - Equities.com (NASDAQ:EBSB)
www.equities.com - February 14 at 1:30 PM
equities.com logoMeridian Bancorp Inc (EBSB) is Trading Lower on Unusual Volume for February 02 - Equities.com (NASDAQ:EBSB)
www.equities.com - February 3 at 1:06 PM
News IconCompany Shares of Meridian Bancorp, Inc. (NASDAQ:EBSB) Rally 8.08% - Market Briefing (NASDAQ:EBSB)
www.marketbriefing.net - February 1 at 1:00 PM
capitalcube.com logoMeridian Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : February 1, 2016 (NASDAQ:EBSB)
www.capitalcube.com - February 1 at 8:15 AM
capitalcube.com logoMeridian Bancorp, Inc. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:EBSB)
www.capitalcube.com - January 29 at 12:51 PM
globenewswire.com logoMeridian Bancorp, Inc. Reports Net Income for the Fourth Quarter and Year Ended December 31, 2015 - GlobeNewswire (press release) (NASDAQ:EBSB)
globenewswire.com - January 28 at 12:56 PM
nasdaq.com logoMeridian Bancorp, Inc. Reports Net Income for the Fourth Quarter and Year Ended December 31, 2015 - Nasdaq (NASDAQ:EBSB)
www.nasdaq.com - January 26 at 7:36 PM
sg.finance.yahoo.com logoMeridian Bancorp posts 4Q profit (NASDAQ:EBSB)
sg.finance.yahoo.com - January 26 at 6:19 PM
publicnow.com logoMeridian Bancorp, Inc. Reports Net Income for the Fourth Quarter and Year Ended December 31, 2015 (NASDAQ:EBSB)
www.publicnow.com - January 26 at 4:44 PM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex (NASDAQ:EBSB)
biz.yahoo.com - January 26 at 4:07 PM
News IconCompany Shares of Meridian Bancorp, Inc. (NASDAQ:EBSB) Rally 2.69% - WallStreet Prudent (NASDAQ:EBSB)
www.wallstreetprudent.com - January 25 at 12:25 PM
equities.com logoMeridian Bancorp Inc (EBSB) is Trading Lower on Unusual Volume for January 18 - Equities.com (NASDAQ:EBSB)
www.equities.com - January 19 at 11:48 AM
insidermonkey.com logoIs Meridian Bancorp, Inc. (EBSB) Going to Burn These Hedge Funds? (NASDAQ:EBSB)
www.insidermonkey.com - December 2 at 10:19 AM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:EBSB)
biz.yahoo.com - November 9 at 4:19 PM
noodls.com logoEBSB Celebrates the Opening of its New Branch in Brookline (NASDAQ:EBSB)
www.noodls.com - November 4 at 3:27 PM
capitalcube.com logoMeridian Bancorp, Inc. Earnings Q3, 2015 (NASDAQ:EBSB)
www.capitalcube.com - October 30 at 1:08 PM
noodls.com logoMeridian Bancorp, Inc. Reports Net Income for the Third Quarter And Nine Months Ended September 30,2015 (NASDAQ:EBSB)
www.noodls.com - October 28 at 6:17 AM

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Meridian Bancorp (NASDAQ:EBSB) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff