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: $992.1 million
  • Outstanding Shares: 51,003,000
Average Prices:
  • 50 Day Moving Avg: $17.60
  • 200 Day Moving Avg: $17.46
  • 52 Week Range: $15.06 - $20.55
P/E:
  • Trailing P/E Ratio: 23.59
  • Foreward P/E Ratio: 19.57
  • P/E Growth: 1.86
Sales & Book Value:
  • Annual Revenue: $146.27 million
  • Price / Sales: 6.42
  • Book Value: $12.29 per share
  • Price / Book: 1.50
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.9%
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: 173,733 shs.
  • Beta: 0.28
  • 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 announced a quarterly dividend on Tuesday, September 5th. Investors 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 dividend on an annualized basis and a yield of 0.87%. 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) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. The firm earned $40.49 million during 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 price targets for Meridian Bancorp's stock. Their forecasts range from $19.00 to $20.00. On average, they expect 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?

Who owns Meridian Bancorp stock?

Meridian Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (6.93%), Dimensional Fund Advisors LP (4.52%), Vanguard Group Inc. (4.22%), Renaissance Technologies LLC (3.30%), JPMorgan Chase & Co. (2.46%) and State Street Corp (2.18%). Company insiders that own Meridian Bancorp stock include Edward J Merritt, Frank Romano, Gregory F Natalucci, James G Sartori, Richard F Fernandez and Thomas J Gunning. View Institutional Ownership Trends for Meridian Bancorp.

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 FMR LLC, Acadian Asset Management LLC, Boston Partners, Parametric Portfolio Associates LLC, Monarch Partners Asset Management LLC, First Trust Advisors LP, JPMorgan Chase & Co. and Hennessy Advisors Inc.. Company insiders that have sold Meridian Bancorp stock in the last year include Gregory F Natalucci, James G Sartori and Richard F Fernandez. View Insider Buying and Selling for Meridian Bancorp.

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 Bain Capital Public Equity Management LLC, Dimensional Fund Advisors LP, Marshall Wace North America L.P., Renaissance Technologies LLC, Thomson Horstmann & Bryant Inc., Vanguard Group Inc., PDT Partners LLC and State Street Corp. Company insiders that have bought Meridian Bancorp stock in the last two years include Edward J Merritt, Frank Romano and Thomas J Gunning. View Insider Buying and Selling for Meridian Bancorp.

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 $18.40.


MarketBeat Community Rating for Meridian Bancorp (NASDAQ EBSB)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  144
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 (5.07% upside)

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
9/30/2015Hovde GroupInitiated CoverageMarket Perform$15.25N/AView Rating Details
(Data available from 9/25/2015 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)
Next Dividend:10/3/2017
Annual Dividend:$0.16
Dividend Yield:0.87%
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: 64.69%
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)
Latest Headlines for Meridian Bancorp (NASDAQ:EBSB)
Source:
DateHeadline
americanbankingnews.com logo Analysts Expect Meridian Bancorp, Inc. (EBSB) to Post $0.21 EPS
www.americanbankingnews.com - September 22 at 6:28 AM
finance.yahoo.com logoMeetinghouse Bancorp, Inc. Receives Shareholder Approval for Merger with Meridian Bancorp, Inc.
finance.yahoo.com - September 20 at 6:59 PM
finance.yahoo.com logoETFs with exposure to Meridian Bancorp, Inc. : September 14, 2017
finance.yahoo.com - September 14 at 8:43 PM
finance.yahoo.com logoMeridian Bancorp, Inc. :EBSB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 13 at 7:28 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Plans $0.04 Quarterly Dividend
www.americanbankingnews.com - September 5 at 7:44 PM
americanbankingnews.com logoContrasting Meridian Bancorp (EBSB) and Anchor BanCorp Wisconsin Inc (DE) (ABCW)
www.americanbankingnews.com - September 3 at 12:16 AM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Earns "Hold" Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - August 31 at 9:28 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Meridian Bancorp Inc.
finance.yahoo.com - August 14 at 6:27 PM
americanbankingnews.com logoJames G. Sartori Sells 1,500 Shares of Meridian Bancorp, Inc. (EBSB) Stock
www.americanbankingnews.com - August 10 at 1:18 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) EVP Frank Romano Buys 3,785 Shares
www.americanbankingnews.com - August 9 at 4:52 PM
americanbankingnews.com logoContrasting Meridian Bancorp (NASDAQ:EBSB) & Anchor BanCorp Wisconsin Inc (DE) (ABCW)
www.americanbankingnews.com - August 4 at 12:28 PM
finance.yahoo.com logoMeridian Bancorp, Inc. – Value Analysis (NASDAQ:EBSB) : August 4, 2017
finance.yahoo.com - August 4 at 3:12 AM
americanbankingnews.com logoInsider Selling: Meridian Bancorp, Inc. (NASDAQ:EBSB) Director Sells 8,324 Shares of Stock
www.americanbankingnews.com - July 31 at 7:45 PM
americanbankingnews.com logo Brokerages Expect Meridian Bancorp, Inc. (NASDAQ:EBSB) to Announce $0.20 Earnings Per Share
www.americanbankingnews.com - July 28 at 8:22 PM
americanbankingnews.com logoReviewing Meridian Bancorp (EBSB) and Clifton Bancorp (CSBK)
www.americanbankingnews.com - July 28 at 7:49 AM
americanbankingnews.com logoHead to Head Survey: Meridian Bancorp (EBSB) vs. Investors Bancorp (ISBC)
www.americanbankingnews.com - July 27 at 4:25 PM
americanbankingnews.com logo Meridian Bancorp, Inc. (EBSB) Given $19.00 Consensus Target Price by Analysts
www.americanbankingnews.com - July 27 at 9:32 AM
americanbankingnews.com logoMalvern Bancorp (MLVF) versus Meridian Bancorp (EBSB) Financial Comparison
www.americanbankingnews.com - July 27 at 12:32 AM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - July 26 at 12:30 PM
nasdaq.com logoValidea Martin Zweig Strategy Daily Upgrade Report
www.nasdaq.com - July 26 at 4:26 AM
finance.yahoo.com logoMeridian 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
finance.yahoo.com logoMeridian 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
americanbankingnews.com logoClifton Bancorp (CSBK) & Meridian Bancorp (NASDAQ:EBSB) Financial Review
www.americanbankingnews.com - July 18 at 10:30 AM
americanbankingnews.com logoFinancial Analysis: Investors Bancorp (ISBC) and Meridian Bancorp (EBSB)
www.americanbankingnews.com - July 7 at 8:09 AM
americanbankingnews.com logoContrasting Meridian Bancorp (NASDAQ:EBSB) & Investors Bancorp (ISBC)
www.americanbankingnews.com - July 6 at 12:32 AM
finance.yahoo.com logoMeridian 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
americanbankingnews.com logoClifton Bancorp (CSBK) vs. Meridian Bancorp (EBSB) Financial Comparison
www.americanbankingnews.com - June 29 at 2:38 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Raised to Buy at Compass Point
www.americanbankingnews.com - June 26 at 7:34 PM
streetinsider.com logoMeridian Interstate Bancorp (EBSB), Meetinghouse Bancorp Announce Merger Agreement
www.streetinsider.com - June 26 at 5:47 PM
finance.yahoo.com logoMeridian Bancorp, Inc. and Meetinghouse Bancorp, Inc. Announce Merger Agreement
finance.yahoo.com - June 26 at 5:47 PM
finance.yahoo.com logoMeridian Bancorp, Inc. : EBSB-US: Dividend Analysis : June 21st, 2017 (record date) : By the numbers : June 20, 2017
finance.yahoo.com - June 20 at 5:35 PM
americanbankingnews.com logoHead to Head Survey: Kearny Financial (KRNY) & Meridian Bancorp (EBSB)
www.americanbankingnews.com - June 19 at 10:30 PM
finance.yahoo.com logoETFs with exposure to Meridian Bancorp, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 4:32 PM
finance.yahoo.com logoMeridian Bancorp, Inc. :EBSB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 5:46 PM
americanbankingnews.com logo$0.18 Earnings Per Share Expected for Meridian Bancorp, Inc. (EBSB) This Quarter
www.americanbankingnews.com - June 8 at 4:34 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Plans Quarterly Dividend of $0.04
www.americanbankingnews.com - June 2 at 6:30 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Short Interest Up 0.2% in April
www.americanbankingnews.com - May 16 at 7:26 AM
americanbankingnews.com logoZacks: Analysts Anticipate Meridian Bancorp, Inc. (EBSB) Will Announce Earnings of $0.18 Per Share
www.americanbankingnews.com - May 12 at 2:18 PM
americanbankingnews.com logoMeridian Bancorp (EBSB) Receiving Favorable Press Coverage, Report Shows
www.americanbankingnews.com - May 4 at 1:11 AM
americanbankingnews.com logoMeridian Bancorp (EBSB) Given Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 30 at 1:53 PM
americanbankingnews.com logoMeridian Bancorp (EBSB) Earning Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 25 at 8:26 PM
finance.yahoo.com logoMeridian Bancorp, Inc. Reports Record First Quarter Net Income
finance.yahoo.com - April 25 at 4:33 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Expected to Announce Earnings of $0.20 Per Share
www.americanbankingnews.com - April 21 at 9:10 PM
americanbankingnews.com logoMeridian Bancorp (EBSB) Earning Somewhat Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 21 at 7:34 PM
finance.yahoo.com logoMeridian Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : EBSB-US : April 21, 2017
finance.yahoo.com - April 21 at 12:08 PM
americanbankingnews.com logoMeridian Bancorp (EBSB) Receives Daily Media Sentiment Score of -0.35
www.americanbankingnews.com - April 15 at 9:45 AM
finance.yahoo.com logoMeridian Bancorp, Inc. : EBSB-US: Dividend Analysis : March 21st, 2017 (record date) : By the numbers : April 7, 2017
finance.yahoo.com - April 7 at 4:51 PM
americanbankingnews.com logoMeridian Bancorp, Inc. (EBSB) Rating Reiterated by Keefe, Bruyette & Woods
www.americanbankingnews.com - April 5 at 10:30 PM
americanbankingnews.com logoZacks: Analysts Set $20.00 Target Price for Meridian Bancorp, Inc. (EBSB)
www.americanbankingnews.com - March 29 at 12:31 PM
nasdaq.com logoEx-Dividend Reminder: Caleres, Meridian Bancorp and Sabre
www.nasdaq.com - March 15 at 3:15 PM

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Chart

Meridian Bancorp (EBSB) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by MarketBeat.com Staff