About Meridian Bancorp
Meridian 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
- Previous Close: $19.15
- 50 Day Moving Average: $18.89
- 200 Day Moving Average: $17.10
- 52-Week Range: $13.41 - $20.55
- Trailing P/E Ratio: 29.46
- Foreward P/E Ratio: 20.37
- P/E Growth: 2.06
- Market Cap: $975.50M
- Outstanding Shares: 50,940,000
- Beta: 0.29
- Net Margins: 20.86%
- Return on Equity: 5.81%
- Return on Assets: 0.87%
Companies Related to Meridian Bancorp:
- Debt-to-Equity Ratio: 0.54%
- Current Ratio: 1.19%
- Quick Ratio: 1.19%
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 announced a quarterly dividend on Friday, December 2nd. Investors of record on Tuesday, December 20th will be given a dividend of $0.03 per share on Tuesday, January 3rd. This represents a $0.12 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Friday, December 16th.
Where is Meridian Bancorp's stock going? Where will Meridian Bancorp's stock price be in 2017?
2 brokers have issued 12-month target prices for Meridian Bancorp's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Meridian Bancorp's stock price to reach $20.00 in the next twelve months.
When will Meridian Bancorp announce their earnings?
Meridian Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.
Who owns Meridian Bancorp stock?
Meridian Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (9.18%), Dimensional Fund Advisors LP (3.88%), Renaissance Technologies LLC (3.06%), State Street Corp (2.06%), Cortina Asset Management LLC (0.98%) and Russell Investments Group Ltd. (0.82%). Company insiders that own Meridian Bancorp stock include Edward J Merritt, James G Sartori, Richard F Fernandez and Thomas J Gunning.
Who sold Meridian Bancorp stock? Who is selling Meridian Bancorp stock?
Meridian Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Cortina Asset Management LLC, Allianz Asset Management AG, Metropolitan Life Insurance Co. NY, Stieven Capital Advisors L.P. and AQR Capital Management LLC. Company insiders that have sold Meridian Bancorp stock in the last year include James G Sartori and Richard F Fernandez.
Who bought Meridian Bancorp stock? Who is buying Meridian Bancorp stock?
Meridian Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, FMR LLC, State Street Corp, Dimensional Fund Advisors LP, Two Sigma Investments LP, A.R.T. Advisors LLC and Harbor Advisors LLC. Company insiders that have bought Meridian Bancorp stock in the last two years include Edward J Merritt and Thomas J Gunning.
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.
How much does a share of Meridian Bancorp stock cost?
One share of Meridian Bancorp stock can currently be purchased for approximately $19.15.