About Meridian Bancorp (NASDAQ:EBSB)
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
- Symbol: NASDAQ:EBSB
- CUSIP: 58964Q10
- Web: www.ebsb.com
Capitalization:- Market Cap: $1.03254 billion
- Outstanding Shares: 53,919,000
Average Prices:- 50 Day Moving Avg: $18.48
- 200 Day Moving Avg: $17.54
- 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: 181,175 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 yield of 0.83%. The ex-dividend date of this dividend 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 earnings results on Tuesday, July, 25th. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. The company 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?
Where is Meridian Bancorp's stock going? Where will Meridian Bancorp's stock price be in 2017?
3 brokerages have issued 1 year price targets for Meridian Bancorp's stock. Their forecasts range from $19.00 to $20.00. On average, they anticipate Meridian Bancorp's stock price to reach $19.33 in the next year. View Analyst Ratings for Meridian Bancorp.
Who are some of Meridian Bancorp's key competitors?
Some companies that are related to Meridian Bancorp include United Community Banks (UCBI), MGM Growth Properties LLC (MGP), Flagstar Bancorp (FBC), FS Investment Corporation (FSIC), FCB Financial Holdings (FCB), Independent Bank Corp. (INDB), Banner Corporation (BANR), Invesco Mortgage Capital (IVR), Apollo Commercial Real Estate Finance (ARI), Five Point Holdings, LLC (FPH), Cohen & Steers (CNS), Bank of N.T. Butterfield & Son Limited (The) (NTB), Terreno Realty Corporation (TRNO), Gazit-Globe (GZT), American Assets Trust (AAT), Genworth Financial (GNW), FBL Financial Group (FFG) and Argo Group International Holdings (AGII).
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)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.
Consensus Ratings for Meridian Bancorp (NASDAQ:EBSB) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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)
Analysts' Ratings History for Meridian Bancorp (NASDAQ:EBSB)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/31/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $19.00 | Medium |  |
| 7/26/2017 | Piper Jaffray Companies | Reiterated Rating | Hold | | High | |
| 6/26/2017 | Compass Point | Upgrade | Neutral -> Buy | $19.00 | Medium | |
(Data available from 10/19/2015 forward)
Earnings History for Meridian Bancorp (NASDAQ:EBSB)Earnings History by Quarter for Meridian Bancorp (NASDAQ EBSB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/23/2017 | | $0.19 | | | | | N/A | |
| 7/25/2017 | Q2 2017 | $0.18 | $0.22 | | $40.49 million | View | N/A | |
| 1/24/2017 | Q4 2016 | $0.18 | $0.22 | | $39.03 million | View | N/A | |
| 10/25/2016 | Q3 | $0.15 | $0.18 | | $34.60 million | View | N/A | |
| 7/26/2016 | Q2 | $0.14 | $0.11 | | $32.04 million | View | N/A | |
| 4/26/2016 | Q1 | $0.12 | $0.14 | | $31.07 million | View | N/A | |
| 1/26/2016 | Q4 | $0.12 | $0.13 | | $30.01 million | View | N/A | |
| 4/28/2015 | Q3 | $0.12 | $0.11 | $26.12 million | $27.74 million | View | N/A | |
| 1/26/2015 | Q4 2014 | $0.07 | $0.11 | $25.45 million | $27.95 million | View | N/A | |
| 10/28/2014 | Q3 2014 | $0.06 | $0.11 | $24.31 million | $26.41 million | View | N/A | |
| 7/22/2014 | Q2 14 | $0.14 | $0.25 | $23.84 million | $25.28 million | View | N/A | |
| 1/28/2014 | Q4 13 | $0.11 | $0.18 | | | View | N/A | |
| 1/22/2013 | Q4 2012 | $0.10 | $0.10 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Meridian Bancorp (NASDAQ:EBSB)2017 EPS Consensus Estimate: $0.61
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.15 | $0.15 | $0.15 |
| Q2 2017 | 1 | $0.15 | $0.15 | $0.15 |
| Q3 2017 | 1 | $0.15 | $0.15 | $0.15 |
| Q4 2017 | 1 | $0.16 | $0.16 | $0.16 |
(Data provided by Zacks Investment Research)
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 History by Quarter for Meridian Bancorp (NASDAQ EBSB)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/5/2017 | quarterly | $0.04 | 0.91% | 9/18/2017 | 9/19/2017 | 10/3/2017 |
| 6/2/2017 | quarterly | $0.04 | 0.97% | 6/19/2017 | 6/21/2017 | 7/5/2017 |
| 3/3/2017 | quarterly | $0.04 | 0.84% | 3/17/2017 | 3/21/2017 | 4/4/2017 |
| 12/2/2016 | quarterly | $0.03 | 0.67% | 12/16/2016 | 12/20/2016 | 1/3/2017 |
| 9/2/2016 | quarterly | $0.03 | 0.77% | 9/15/2016 | 9/19/2016 | 10/3/2016 |
| 6/2/2016 | quarterly | $0.03 | 0.79% | 6/15/2016 | 6/17/2016 | 7/1/2016 |
| 3/3/2016 | quarterly | $0.03 | 0.85% | 3/18/2016 | 3/22/2016 | 4/5/2016 |
| 12/10/2015 | quarterly | $0.03 | 0.84% | 12/21/2015 | 12/23/2015 | 1/6/2016 |
| 8/28/2015 | special | $0.03 | | 9/15/2015 | 9/17/2015 | 10/1/2015 |
(Data available from 1/1/2013 forward)
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/9/2017 | James G. Sartori | Director | Sell | 1,500 | $17.36 | $26,040.00 | |
| 8/3/2017 | Frank Romano | EVP | Buy | 3,785 | $17.69 | $66,956.65 | |
| 7/28/2017 | James G. Sartori | Director | Sell | 8,324 | $17.46 | $145,337.04 | |
| 2/28/2017 | Gregory F. Natalucci | Director | Sell | 4,600 | $18.91 | $86,986.00 | |
| 2/23/2017 | James G. Sartori | Director | Sell | 8,216 | $19.19 | $157,665.04 | |
| 2/22/2017 | James G. Sartori | Director | Sell | 8,835 | $19.31 | $170,603.85 | |
| 11/9/2016 | Richard F. Fernandez | Director | Sell | 10,000 | $16.20 | $162,000.00 | |
| 10/31/2016 | James G. Sartori | Director | Sell | 16,837 | $16.00 | $269,392.00 | |
| 5/31/2016 | Thomas J Gunning | Director | Buy | 335 | $14.97 | $5,014.95 | |
| 5/6/2016 | James G Sartori | Director | Sell | 1,625 | $13.42 | $21,807.50 | |
| 1/29/2016 | Edward J. Merritt | EVP | Buy | 42 | $13.69 | $574.98 | |
| 5/1/2015 | James G Sartori | Director | Sell | 1,224 | $12.87 | $15,752.88 | |
| 12/1/2014 | Richard F Fernandez | Director | Buy | 3,000 | $10.90 | $32,700.00 | |
| 11/19/2014 | Richard F Fernandez | Director | Buy | 1,000 | $11.13 | $11,130.00 | |
| 11/13/2014 | Richard F Fernandez | Director | Buy | 10,000 | $11.54 | $115,400.00 | |
| 11/11/2014 | Richard F Fernandez | Director | Buy | 5,000 | $11.46 | $57,300.00 | |
| 10/31/2014 | James G Sartori | Director | Buy | 6,032 | $11.25 | $67,860.00 | |
| 9/9/2014 | Richard F Fernandez | Director | Buy | 1,000 | $10.74 | $10,740.00 | |
| 8/27/2014 | Richard F Fernandez | Director | Buy | 2,000 | $10.76 | $21,520.00 | |
| 7/29/2014 | James G Sartori | Director | Buy | 3,000 | $10.48 | $31,440.00 | |
| 7/29/2013 | Vincent D Basile | Director | Sell | 1,000 | $20.50 | $20,500.00 | |
| 5/28/2013 | Vincent D Basile | Director | Sell | 2,000 | $18.22 | $36,440.00 | |
| 4/30/2013 | Carl Lagreca | Director | Buy | 2,000 | $18.28 | $36,560.00 | |
| 2/28/2013 | Edward J Merritt | EVP | Buy | 1,793 | $18.40 | $32,991.20 | |
| 12/7/2012 | Richard F Fernandez | Director | Buy | 1,500 | $16.32 | $24,480.00 | |
| 11/30/2012 | Domenic A Gambardella | Director | Buy | 1,500 | $16.49 | $24,735.00 | |
| 8/10/2012 | Richard F Fernandez | Director | Buy | 1,000 | $15.53 | $15,530.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Meridian Bancorp (NASDAQ:EBSB)
Latest Headlines for Meridian Bancorp (NASDAQ:EBSB)
| Source: |
|
| Date | Headline |
|---|
 | Meridian Bancorp, Inc. (EBSB) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - October 16 at 5:26 AM |
| Zacks: Analysts Anticipate Meridian Bancorp, Inc. (EBSB) to Post $0.21 EPS
www.americanbankingnews.com - October 10 at 8:20 PM |
 | Meridian Bancorp, Inc. : EBSB-US: Dividend Analysis : September 19th, 2017 (record date) : By the numbers : October 9, 2017
finance.yahoo.com - October 9 at 6:30 PM |
| ETFs with exposure to Meridian Bancorp, Inc. : September 28, 2017
finance.yahoo.com - October 3 at 9:44 AM |
| Analysts Expect Meridian Bancorp, Inc. (EBSB) to Post $0.21 EPS
www.americanbankingnews.com - September 22 at 6:28 AM |
| Meetinghouse Bancorp, Inc. Receives Shareholder Approval for Merger with Meridian Bancorp, Inc.
finance.yahoo.com - September 20 at 6:59 PM |
| ETFs with exposure to Meridian Bancorp, Inc. : September 14, 2017
finance.yahoo.com - September 14 at 8:43 PM |
| Meridian Bancorp, Inc. :EBSB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 13 at 7:28 PM |
| Meridian Bancorp, Inc. (EBSB) Plans $0.04 Quarterly Dividend
www.americanbankingnews.com - September 5 at 7:44 PM |
| Contrasting Meridian Bancorp (EBSB) and Anchor BanCorp Wisconsin Inc (DE) (ABCW)
www.americanbankingnews.com - September 3 at 12:16 AM |
| Meridian Bancorp, Inc. (EBSB) Earns "Hold" Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - August 31 at 9:28 PM |
| See what the IHS Markit Score report has to say about Meridian Bancorp Inc.
finance.yahoo.com - August 14 at 6:27 PM |
| James G. Sartori Sells 1,500 Shares of Meridian Bancorp, Inc. (EBSB) Stock
www.americanbankingnews.com - August 10 at 1:18 PM |
| Meridian Bancorp, Inc. (EBSB) EVP Frank Romano Buys 3,785 Shares
www.americanbankingnews.com - August 9 at 4:52 PM |
| Contrasting Meridian Bancorp (NASDAQ:EBSB) & Anchor BanCorp Wisconsin Inc (DE) (ABCW)
www.americanbankingnews.com - August 4 at 12:28 PM |
| Meridian Bancorp, Inc. – Value Analysis (NASDAQ:EBSB) : August 4, 2017
finance.yahoo.com - August 4 at 3:12 AM |
| Insider Selling: Meridian Bancorp, Inc. (NASDAQ:EBSB) Director Sells 8,324 Shares of Stock
www.americanbankingnews.com - July 31 at 7:45 PM |
| Brokerages Expect Meridian Bancorp, Inc. (NASDAQ:EBSB) to Announce $0.20 Earnings Per Share
www.americanbankingnews.com - July 28 at 8:22 PM |
| Reviewing Meridian Bancorp (EBSB) and Clifton Bancorp (CSBK)
www.americanbankingnews.com - July 28 at 7:49 AM |
| Head to Head Survey: Meridian Bancorp (EBSB) vs. Investors Bancorp (ISBC)
www.americanbankingnews.com - July 27 at 4:25 PM |
| Meridian Bancorp, Inc. (EBSB) Given $19.00 Consensus Target Price by Analysts
www.americanbankingnews.com - July 27 at 9:32 AM |
| Malvern Bancorp (MLVF) versus Meridian Bancorp (EBSB) Financial Comparison
www.americanbankingnews.com - July 27 at 12:32 AM |
| Meridian Bancorp, Inc. (EBSB) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - July 26 at 12:30 PM |
 | Validea Martin Zweig Strategy Daily Upgrade Report
www.nasdaq.com - July 26 at 4:26 AM |
| Meridian Bancorp, Inc. Reports Record Net Income for the Second Quarter And Six Months Ended June 30, 2017
finance.yahoo.com - July 25 at 6:23 PM |
| Meridian Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : EBSB-US : July 21, 2017
finance.yahoo.com - July 21 at 7:58 PM |
| Clifton Bancorp (CSBK) & Meridian Bancorp (NASDAQ:EBSB) Financial Review
www.americanbankingnews.com - July 18 at 10:30 AM |
| Financial Analysis: Investors Bancorp (ISBC) and Meridian Bancorp (EBSB)
www.americanbankingnews.com - July 7 at 8:09 AM |
| Contrasting Meridian Bancorp (NASDAQ:EBSB) & Investors Bancorp (ISBC)
www.americanbankingnews.com - July 6 at 12:32 AM |
| Meridian Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : EBSB-US : July 3, 2017
finance.yahoo.com - July 3 at 5:59 PM |
 | Meridian Interstate Bancorp (EBSB), Meetinghouse Bancorp Announce Merger Agreement
www.streetinsider.com - June 26 at 5:47 PM |
| Ex-Dividend Reminder: Caleres, Meridian Bancorp and Sabre
www.nasdaq.com - March 15 at 3:15 PM |
 | 4:09 pm Meridian Interstate Bancorp raises quarterly dividend to $0.04/share from $0.03/share prior
us.rd.yahoo.com - March 2 at 10:08 PM |
| MERIDIAN BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 4:35 PM |
| Meridian Bancorp, Inc. Reports Record Net Income for the Fourth Quarter And Year Ended December 31, 2016
us.rd.yahoo.com - January 24 at 5:31 PM |
| Meridian Bancorp, Inc. Reports Record Net Income for the Fourth Quarter And Year Ended December 31, 2016
us.rd.yahoo.com - January 24 at 5:31 PM |
| MERIDIAN BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
us.rd.yahoo.com - January 24 at 5:31 PM |
| MERIDIAN BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
us.rd.yahoo.com - January 24 at 5:31 PM |
| MERIDIAN BANCORP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 4 at 9:44 PM |
| Meridian Bancorp, Inc. Reports Net Income for the Second Quarter And Six ...
www.nasdaq.com - July 27 at 9:29 AM |
 | Forget food trucks. This bank is building a branch on wheels.
www.bizjournals.com - March 9 at 2:33 PM |
Meridian Bancorp (EBSB) Chart for Thursday, October, 19, 2017
