Meridian Bancorp Company Profile (NASDAQ:EBSB)

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: $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?

Some companies that are related to Meridian Bancorp include Bank of N.T. Butterfield & Son Limited (The) (NTB), Independent Bank Corp. (INDB), Capitol Federal Financial (CFFN), Redfin Corp. (RDFN), Flagstar Bancorp (FBC), Banner Corporation (BANR), Gazit-Globe (GZT), Apollo Commercial Real Estate Finance (ARI), ServisFirst Bancshares (SFBS), National General Holdings Corp (NGHC), INVESCO MORTGAGE CAPITAL INC (IVR), Genworth Financial (GNW), Colliers International Group (CIGI), United Community Banks (UCBI), Terreno Realty Corporation (TRNO), Five Point Holdings, LLC (FPH), American Assets Trust (AAT) and LegacyTexas Financial Group (LTXB).

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 ()
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.

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:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
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
9/30/2015	Hovde Group	Initiated Coverage	Market Perform	$15.25	N/A

(Data available from 9/25/2015 forward)

Earnings History for Meridian Bancorp (NASDAQ:EBSB)

Earnings by Quarter 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
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)

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)

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: 64.69%

Institutional Ownership by Quarter for Meridian Bancorp (NASDAQ:EBSB)

Insider Trades by Quarter for Meridian Bancorp (NASDAQ:EBSB)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
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
	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
	Clifton Bancorp (CSBK) vs. Meridian Bancorp (EBSB) Financial Comparison www.americanbankingnews.com - June 29 at 2:38 PM
	Meridian Bancorp, Inc. (EBSB) Raised to Buy at Compass Point www.americanbankingnews.com - June 26 at 7:34 PM
	Meridian Interstate Bancorp (EBSB), Meetinghouse Bancorp Announce Merger Agreement www.streetinsider.com - June 26 at 5:47 PM
	Meridian Bancorp, Inc. and Meetinghouse Bancorp, Inc. Announce Merger Agreement finance.yahoo.com - June 26 at 5:47 PM
	Meridian 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
	Head to Head Survey: Kearny Financial (KRNY) & Meridian Bancorp (EBSB) www.americanbankingnews.com - June 19 at 10:30 PM
	ETFs with exposure to Meridian Bancorp, Inc. : June 13, 2017 finance.yahoo.com - June 13 at 4:32 PM
	Meridian Bancorp, Inc. :EBSB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017 finance.yahoo.com - June 12 at 5:46 PM
	$0.18 Earnings Per Share Expected for Meridian Bancorp, Inc. (EBSB) This Quarter www.americanbankingnews.com - June 8 at 4:34 PM
	Meridian Bancorp, Inc. (EBSB) Plans Quarterly Dividend of $0.04 www.americanbankingnews.com - June 2 at 6:30 PM
	Meridian Bancorp, Inc. (EBSB) Short Interest Up 0.2% in April www.americanbankingnews.com - May 16 at 7:26 AM
	Zacks: Analysts Anticipate Meridian Bancorp, Inc. (EBSB) Will Announce Earnings of $0.18 Per Share www.americanbankingnews.com - May 12 at 2:18 PM
	Meridian Bancorp (EBSB) Receiving Favorable Press Coverage, Report Shows www.americanbankingnews.com - May 4 at 1:11 AM
	Meridian Bancorp (EBSB) Given Media Sentiment Rating of 0.31 www.americanbankingnews.com - April 30 at 1:53 PM
	Meridian Bancorp (EBSB) Earning Somewhat Positive Media Coverage, Analysis Finds www.americanbankingnews.com - April 25 at 8:26 PM
	Meridian Bancorp, Inc. Reports Record First Quarter Net Income finance.yahoo.com - April 25 at 4:33 PM
	Meridian Bancorp, Inc. (EBSB) Expected to Announce Earnings of $0.20 Per Share www.americanbankingnews.com - April 21 at 9:10 PM
	Meridian Bancorp (EBSB) Earning Somewhat Positive Press Coverage, Study Finds www.americanbankingnews.com - April 21 at 7:34 PM
	Meridian 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
	Meridian Bancorp (EBSB) Receives Daily Media Sentiment Score of -0.35 www.americanbankingnews.com - April 15 at 9:45 AM
	Meridian 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
	Meridian Bancorp, Inc. (EBSB) Rating Reiterated by Keefe, Bruyette & Woods www.americanbankingnews.com - April 5 at 10:30 PM
	Zacks: Analysts Set $20.00 Target Price for Meridian Bancorp, Inc. (EBSB) www.americanbankingnews.com - March 29 at 12:31 PM
	Ex-Dividend Reminder: Caleres, Meridian Bancorp and Sabre www.nasdaq.com - March 15 at 3:15 PM

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

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

Meridian Bancorp Company Profile (NASDAQ:EBSB)

About Meridian Bancorp (NASDAQ:EBSB)

What is Meridian Bancorp's stock symbol?

How often does Meridian Bancorp pay dividends? What is the dividend yield for Meridian Bancorp?

How were Meridian Bancorp's earnings last quarter?

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?

Who are some of Meridian Bancorp's key competitors?

Who owns Meridian Bancorp stock?

Who sold Meridian Bancorp stock? Who is selling Meridian Bancorp stock?

Who bought Meridian Bancorp stock? Who is buying Meridian Bancorp stock?

How do I buy Meridian Bancorp stock?

What is Meridian Bancorp's stock price today?

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