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: $845.75 million
  • Outstanding Shares: 50,949,000
Average Prices:
  • 50 Day Moving Avg: $16.70
  • 200 Day Moving Avg: $17.88
  • 52 Week Range: $14.67 - $20.55
P/E:
  • Trailing P/E Ratio: 24.06
  • Foreward P/E Ratio: 18.65
  • P/E Growth: 1.92
Sales & Book Value:
  • Annual Revenue: $135.37 million
  • Price / Sales: 6.25
  • Book Value: $12.09 per share
  • Price / Book: 1.37
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 1.0%
Profitability:
  • Net Margins: 20.81%
  • Return on Equity: 5.97%
  • Return on Assets: 0.84%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 1.20%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 154,392 shs.
  • Beta: 0.26
  • Short Ratio: 2.59
 

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 Friday, June 2nd. Shareholders of record on Wednesday, June 21st will be given a dividend of $0.04 per share on Wednesday, July 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Monday, June 19th. View Meridian Bancorp's Dividend History.

How were Meridian Bancorp's earnings last quarter?

Meridian Bancorp, Inc. (NASDAQ:EBSB) released its quarterly earnings results on Tuesday, January, 24th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.04. The business had revenue of $39.03 million for the quarter. Meridian Bancorp had a net margin of 20.81% and a return on equity of 5.97%. View Meridian Bancorp's Earnings History.

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

3 equities research analysts have issued 1 year price objectives 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 $19.67 in the next twelve months. 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 investors include Thomson Horstmann & Bryant Inc. (0.70%), Bank of Montreal Can (0.03%), Kessler Investment Group LLC (0.01%) and Baystate Wealth Management LLC (0.01%). Company insiders that own Meridian Bancorp stock include Edward J Merritt, 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 Bank of Montreal Can. 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 bought by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc. and Baystate Wealth Management LLC. Company insiders that have bought Meridian Bancorp stock in the last two years include Edward J Merritt 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 $16.60.


MarketBeat Community Rating for Meridian Bancorp (NASDAQ EBSB)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  92
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: $19.67 (18.47% upside)

Analysts' Ratings History for Meridian Bancorp (NASDAQ:EBSB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/26/2017Compass PointUpgradeNeutral -> Buy$19.00MediumView Rating Details
4/5/2017Keefe, Bruyette & WoodsReiterated RatingHold$20.00MediumView Rating Details
2/7/2017Piper Jaffray CompaniesBoost Price TargetNeutral$17.00 -> $20.00N/AView Rating Details
9/30/2015Hovde GroupInitiated CoverageMarket Perform$15.25N/AView Rating Details
(Data available from 7/22/2015 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
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:7/5/2017
Annual Dividend:$0.16
Dividend Yield:0.96%
Payout Ratio:23.19% (Trailing 12 Months of Earnings)
22.22% (Based on This Year's Estimates)
17.98% (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
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: 65.51%
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
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
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
us.rd.yahoo.com logo4:09 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
finance.yahoo.com logoMeridian Bancorp, Inc. Announces 33% Increase in Quarterly Dividend
finance.yahoo.com - March 2 at 5:06 PM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 4:35 PM
us.rd.yahoo.com logoMeridian 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
us.rd.yahoo.com logoMeridian 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
biz.yahoo.com logoMERIDIAN 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
biz.yahoo.com logoMERIDIAN 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
finance.yahoo.com logoMeridian Bancorp, Inc. Announces Quarterly Dividend
finance.yahoo.com - December 1 at 4:59 PM
finance.yahoo.com logoMERIDIAN BANCORP, INC. Financials
finance.yahoo.com - November 16 at 4:52 PM
biz.yahoo.com logoMERIDIAN BANCORP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 4 at 9:44 PM
nasdaq.com logoMeridian Bancorp, Inc. Reports Net Income for the Second Quarter And Six ...
www.nasdaq.com - July 27 at 9:29 AM
finance.yahoo.com logoMeridian Bancorp, Inc. Reports Net Income for the First Quarter Ended March 31, 2016
finance.yahoo.com - April 26 at 4:05 PM
bizjournals.com logoForget food trucks. This bank is building a branch on wheels.
www.bizjournals.com - March 9 at 2:33 PM

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Chart

Meridian Bancorp (EBSB) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff