Enterprise Bancorp, Inc. logo

EBTC

Enterprise Bancorp, Inc.

$34.6

Earnings Summary

Revenue
$39.95Mn
Net Profits
$8.16Mn
Net Profit Margins
20.43%
PE Ratio
11.23

Highlights

Revenue:

Enterprise Bancorp, Inc.’s revenue fell -0.21% since last year same period to $39.95Mn in the Q2 2022. On a quarterly growth basis, Enterprise Bancorp, Inc. has generated 0.82% jump in its revenue since last 3-months.

Net Profits:

Enterprise Bancorp, Inc.’s net profit fell -26.73% since last year same period to $8.16Mn in the Q2 2022. On a quarterly growth basis, Enterprise Bancorp, Inc. has generated -20.67% fall in its net profits since last 3-months.

Net Profit Margins:

Enterprise Bancorp, Inc.’s net profit margin fell -26.58% since last year same period to 20.43% in the Q2 2022. On a quarterly growth basis, Enterprise Bancorp, Inc. has generated -21.31% fall in its net profit margins since last 3-months.

PE Ratio:

Enterprise Bancorp, Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 11.23.

Key Ratios

Key ratios of the Enterprise Bancorp, Inc. post its Q2 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0.78

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Enterprise Bancorp, Inc.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Enterprise Bancorp, Inc.’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Enterprise Bancorp, Inc. declared 0.78 dividend per share during the earnings announcement for Q2 2022.

Company Information

Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all of its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank. Enterprise Bank is principally engaged in the business of attracting deposits from the general public and investing in commercial loans and investment securities. Through Enterprise Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, electronic and digital banking options, and commercial insurance services, as well as wealth management, wealth services and trust services. The Company's headquarters and Enterprise Bank's main office are located at 222 Merrimack Street in Lowell, Massachusetts. The Company's primary market area is the Greater Merrimack Valley, Nashoba Valley, and North Central regions of Massachusetts and Southern New Hampshire (Southern Hillsborough and Rockingham counties). Enterprise Bank has 25 full-service branches located in the Massachusetts communities of Lowell (2), Acton, Andover, Billerica (2), Chelmsford (2), Dracut, Fitchburg, Lawrence, Leominster, Lexington, Methuen, Tewksbury (2), Tyngsborough and Westford and in the New Hampshire communities of Derry, Hudson, Nashua (2), Pelham, Salem and Windham. The Company is also in the process of establishing a branch office in North Andover, Massachusetts and anticipates that this location will open as planned in the second half of 2020.

Organisation
Enterprise Bancorp, Inc.
Employees
527
Industry
Finance