EBTC - Enterprise Bancorp Inc-MA Stock Price, Fair Value and News

26.27USD+0.19 (+0.73%)Market Closed

Market Summary

USD26.27+0.19

Market Closed

0.73%

EBTC Stock Price

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EBTC RSI Chart

EBTC Valuation

Market Cap

325.1M

Price/Earnings (Trailing)

9.08

Price/Sales (Trailing)

1.56

EV/EBITDA

0.87

Price/Free Cashflow

6.84

EBTC Price/Sales (Trailing)

EBTC Profitability

EBT Margin

23.27%

Return on Equity

10.74%

Return on Assets

0.77%

Free Cashflow Yield

14.63%

EBTC Fundamentals

EBTC Revenue

Revenue (TTM)

208.2M

Rev. Growth (Yr)

15.34%

Rev. Growth (Qtr)

1.45%

EBTC Earnings

Earnings (TTM)

35.8M

Earnings Growth (Yr)

-21%

Earnings Growth (Qtr)

7.59%

Breaking Down EBTC Revenue

Last 7 days

3.8%

Last 30 days

10.9%

Last 90 days

-4.7%

Trailing 12 Months

-7.0%

How does EBTC drawdown profile look like?

EBTC Financial Health

EBTC Investor Care

Dividend Yield

3.54%

Dividend/Share (TTM)

0.93

Shares Dilution (1Y)

1.25%

Diluted EPS (TTM)

2.92

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	208.2M	0	0	0
2023	172.3M	183.6M	193.8M	201.1M
2022	147.4M	147.5M	152.0M	160.9M
2021	147.0M	148.1M	148.9M	149.0M
2020	138.8M	140.6M	142.5M	144.8M
2019	127.4M	131.4M	134.9M	137.1M
2018	109.4M	114.4M	118.7M	122.9M
2017	94.2M	96.9M	100.8M	105.0M
2016	86.1M	88.3M	90.3M	92.3M
2015	78.1M	79.7M	81.6M	83.5M
2014	72.2M	73.5M	74.9M	76.5M
2013	68.8M	69.2M	70.0M	71.1M
2012	67.5M	68.1M	68.4M	68.4M
2011	65.4M	65.5M	66.0M	67.0M
2010	0	63.2M	64.1M	65.0M
2009	0	0	0	62.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Enterprise Bancorp Inc-MA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 23, 2024	main richard w	sold (taxes)	-5,032	24.43	-206	president
Apr 23, 2024	duncan george l	sold (taxes)	-9,063	24.43	-371	chairman
Apr 23, 2024	gabriel jamie l	sold (taxes)	-1,856	24.43	-76.00	evp- principal subsidiary
Apr 23, 2024	szablak chester j jr	sold (taxes)	-2,100	24.43	-86.00	evp - principal subsidiary
Apr 23, 2024	irish stephen j	sold (taxes)	-3,811	24.43	-156	evp - principal subsidiary
Apr 23, 2024	bullock brian h	sold (taxes)	-2,100	24.43	-86.00	evp - principal subsidiary
Apr 23, 2024	clancy john p jr	sold (taxes)	-11,531	24.43	-472	ceo
Apr 23, 2024	larochelle steven r	sold (taxes)	-2,100	24.43	-86.00	evp - principal subsidiary
Mar 19, 2024	irish stephen j	acquired	-	-	2,209	evp - principal subsidiary
Mar 19, 2024	duncan george l	acquired	-	-	5,565	chairman

Which funds bought or sold EBTC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	new	-	2,311	2,311	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.3	-25,605	25,269	-%
May 15, 2024	SILVERCREST ASSET MANAGEMENT GROUP LLC	unchanged	-	-87,368	360,723	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	4.44	-444,880	2,349,610	0.05%
May 15, 2024	Royal Bank of Canada	reduced	-21.02	-146,000	257,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	23.38	-4,570	668,987	-%
May 15, 2024	CITADEL ADVISORS LLC	added	240	768,700	1,210,440	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	32.6	32,594	515,946	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-97.73	-26,508	493	-%
May 15, 2024	Siena Capital Partners GP, LLC	unchanged	-	-855,861	3,533,660	1.18%

Are Funds Buying or Selling EBTC?

Are funds buying EBTC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EBTC

No. of Funds

Unveiling Enterprise Bancorp Inc-MA's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 29, 2024	ansin ken s	8.8%	1,074,941	SC 13D/A
Jan 29, 2024	blackrock inc.	6.4%	783,246	SC 13G/A
Dec 08, 2023	ansin ken s	9.8%	1,194,897	SC 13D
Feb 03, 2023	blackrock inc.	5.1%	618,633	SC 13G
Apr 08, 2022	blackrock inc.	4.9%	593,889	SC 13G/A
Feb 04, 2022	blackrock inc.	5.0%	606,424	SC 13G

Recent SEC filings of Enterprise Bancorp Inc-MA

View All Filings

Date Filed	Form Type	Document
May 08, 2024	8-K	Current Report
May 07, 2024	10-Q	Quarterly Report
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading

Peers (Alternatives to Enterprise Bancorp Inc-MA)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Enterprise Bancorp Inc-MA News

Latest updates

Enterprise Bancorp Inc-MA Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.5%	54.00	53.00	52.00	49.00	47.00	46.00	42.00	37.00	35.00	37.00	38.00	37.00	37.00	37.00	37.00	36.00	35.00	35.00	35.00	34.00	33.00
EBITDA Margin	-7.0%	0.97*	1.05*	1.14*	1.23*	1.29*	1.34*	1.36*	1.36*	1.38*	1.38*	1.36*	1.35*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.6%	35.00	37.00	39.00	38.00	40.00	42.00	40.00	36.00	34.00	36.00	36.00	35.00	35.00	34.00	34.00	33.00	30.00	30.00	29.00	29.00	28.00
Income Taxes	-23.0%	3.00	3.00	3.00	3.00	3.00	4.00	4.00	3.00	3.00	3.00	3.00	4.00	3.00	3.00	3.00	2.00	1.00	3.00	2.00	2.00	3.00
Earnings Before Taxes	-1.7%	11.00	11.00	13.00	13.00	14.00	16.00	16.00	11.00	13.00	14.00	13.00	15.00	14.00	13.00	14.00	10.00	5.00	12.00	11.00	10.00	11.00
EBT Margin	-8.7%	0.23*	0.25*	0.29*	0.32*	0.33*	0.35*	0.35*	0.35*	0.38*	0.37*	0.37*	0.37*	-	-	-	-	-	-	-	-	-
Net Income	7.6%	9.00	8.00	10.00	10.00	11.00	12.00	12.00	8.00	10.00	11.00	10.00	11.00	10.00	10.00	10.00	7.00	4.00	9.00	9.00	8.00	9.00
Net Income Margin	-9.2%	0.17*	0.19*	0.22*	0.24*	0.25*	0.27*	0.27*	0.27*	0.29*	0.28*	0.28*	0.28*	-	-	-	-	-	-	-	-	-
Free Cashflow	-93.2%	1.00	17.00	28.00	1.00	5.00	26.00	4.00	18.00	-4.98	26.00	9.00	19.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.5%	4,624	4,466	4,482	4,502	4,442	4,438	4,530	4,417	4,454	4,448	4,451	4,428	4,258	4,014	4,061	4,037	3,367	3,235	3,139	3,168	3,074
Cash Equivalents	161.2%	148	57.00	225	259	216	268	414	306	430	437	644	739	441	254	308	255	75.00	64.00	82.00	187	135
Net PPE	-0.6%	45.00	45.00	43.00	44.00	44.00	44.00	44.00	45.00	45.00	45.00	45.00	45.00	46.00	47.00	47.00	47.00	47.00	45.00	44.00	40.00	38.00
Goodwill	0%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
Liabilities	3.7%	4,291	4,137	4,183	4,195	4,131	4,156	4,258	4,132	4,144	4,101	4,105	4,089	3,929	3,680	3,735	3,721	3,063	2,938	2,848	2,887	2,808
Shareholder's Equity	1.3%	333	329	300	307	311	282	272	285	311	347	347	339	329	334	326	317	305	297	291	281	266
Retained Earnings	1.8%	307	301	296	289	283	275	265	255	250	242	233	226	217	215	207	199	194	192	185	178	172
Additional Paid-In Capital	0.8%	108	107	106	106	105	104	103	102	101	100	100	99.00	98.00	97.00	96.00	96.00	95.00	94.00	93.00	93.00	92.00
Shares Outstanding	0.8%	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	297	-	-	-	322	-	-	-	326	-	-	-	234	-	-	-	2.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-89.0%	2,177	19,857	29,230	2,396	5,674	27,584	4,896	18,785	-3,265	27,413	10,290	19,747	4,783	13,586	12,651	254	13,839	17,049	13,208	7,399	5,963
Share Based Compensation	-100.0%	-	583	584	629	522	592	609	637	478	525	559	540	451	496	476	506	426	498	461	518	426
Cashflow From Investing	40.5%	-74,276	-124,909	-45,936	-16,392	-35,227	-69,507	-16,735	-122,221	-53,039	-239,468	-109,624	131,685	-69,071	-10,691	23,244	-473,836	-114,967	-128,416	-74,009	-28,094	-23,536
Cashflow From Financing	356.1%	163,341	-63,777	-16,698	57,128	-22,343	-104,176	119,067	-19,791	49,415	4,254	4,467	146,496	251,822	-57,477	17,706	653,488	112,191	92,752	-43,669	72,312	89,715
Dividend Payments	-100.0%	-	2,438	2,439	2,433	2,424	2,141	2,129	2,128	2,123	1,912	1,914	1,905	1,896	1,782	1,780	1,777	1,766	1,606	1,595	1,593	1,577

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EBTC Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Other interest-earning assets	$ 1,172	$ 2,208
Investment securities	4,034	5,073
Loans and loans held for sale	48,817	39,556
Total interest and dividend income	54,023	46,837
Interest expense:
Deposits	17,272	5,987
Borrowed funds	694	12
Subordinated debt	867	867
Total interest expense	18,833	6,866
Net interest income	35,190	39,971
Provision for credit losses	622	2,736
Net interest income after provision for credit losses	34,568	37,235
Non-interest income:
Wealth management fees	1,850	1,587
Deposit and interchange fees	2,069	2,048
Income on bank-owned life insurance, net	458	307
Net gains on sales of loans	22	14
Net gains (losses) on equity securities	465	(16)
Other income	631	817
Total non-interest income	5,495	4,757
Non-interest expense:
Salaries and employee benefits	19,176	18,521
Occupancy and equipment expenses	2,459	2,501
Technology and telecommunications expenses	2,745	2,675
Advertising and public relations expenses	743	681
Audit, legal and other professional fees	734	640
Deposit insurance premiums	859	675
Supplies and postage expenses	237	255
Other operating expenses	1,955	2,092
Total non-interest expense	28,908	28,040
Income before income taxes	11,155	13,952
Provision for income taxes	2,648	3,184
Net income	$ 8,507	$ 10,768
Basic earnings per share (in usd per share)	$ 0.69	$ 0.89
Diluted earnings per share (in usd per share)	$ 0.69	$ 0.88
Basic weighted average common shares outstanding (in shares)	12,292,417	12,155,320
Diluted weighted average common shares outstanding (in shares)	12,304,203	12,193,756

EBTC Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents:
Cash and due from banks	$ 41,443	$ 37,443
Interest-earning deposits with banks	106,391	19,149
Total cash and cash equivalents	147,834	56,592
Investments:
Debt securities at fair value (amortized cost of $749,561 and $763,981, respectively)	643,924	661,113
Equity securities at fair value	8,102	7,058
Total investment securities at fair value	652,026	668,171
Federal Home Loan Bank stock	2,482	2,402
Loans held for sale	400	200
Loans:
Total loans	3,654,322	3,567,631
Allowance for credit losses	(60,741)	(58,995)
Net loans	3,593,581	3,508,636
Premises and equipment, net	44,671	44,931
Lease right-of-use asset	24,645	24,820
Accrued interest receivable	20,501	19,233
Deferred income taxes, net	47,903	49,166
Bank-owned life insurance	65,878	65,455
Prepaid income taxes	5,771	1,589
Prepaid expenses and other assets	12,667	19,183
Goodwill	5,656	5,656
Total assets	4,624,015	4,466,034
Liabilities
Deposits	4,106,119	3,977,521
Borrowed funds	63,246	25,768
Subordinated debt	59,577	59,498
Lease liability	24,303	24,441
Accrued expenses and other liabilities	30,945	45,011
Accrued interest payable	6,386	4,678
Total liabilities	4,290,576	4,136,917
Commitments and Contingencies
Shareholders' Equity
Preferred stock, $0.01 par value per share; 1,000,000 shares authorized; no shares issued	0	0
Common stock, $0.01 par value per share; 40,000,000 shares authorized; 12,376,562 and 12,272,674 shares issued and outstanding, respectively	124	123
Additional paid-in capital	108,246	107,377
Retained earnings	306,943	301,380
Accumulated other comprehensive loss	(81,874)	(79,763)
Total shareholders' equity	333,439	329,117
Total liabilities and shareholders' equity	$ 4,624,015	$ 4,466,034

About Enterprise Bancorp Inc-MA

Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and voice, online, and mobile banking services. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.

CEO	Mr. John P. Clancy Jr.
WEBSITE	enterprisebanking.com
INDUSTRY	Banks Diversified
EMPLOYEES	554

Enterprise Bancorp Inc-MA Frequently Asked Questions

What is the ticker symbol for Enterprise Bancorp Inc-MA? What does EBTC stand for in stocks?

EBTC is the stock ticker symbol of Enterprise Bancorp Inc-MA. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Enterprise Bancorp Inc-MA (EBTC)?

As of Fri May 17 2024, market cap of Enterprise Bancorp Inc-MA is 325.08 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EBTC stock?

You can check EBTC's fair value in chart for subscribers.

What is the fair value of EBTC stock?

You can check EBTC's fair value in chart for subscribers. The fair value of Enterprise Bancorp Inc-MA is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Enterprise Bancorp Inc-MA is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EBTC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Enterprise Bancorp Inc-MA a good stock to buy?

The fair value guage provides a quick view whether EBTC is over valued or under valued. Whether Enterprise Bancorp Inc-MA is cheap or expensive depends on the assumptions which impact Enterprise Bancorp Inc-MA's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EBTC.

What is Enterprise Bancorp Inc-MA's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, EBTC's PE ratio (Price to Earnings) is 9.08 and Price to Sales (PS) ratio is 1.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EBTC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Enterprise Bancorp Inc-MA's stock?

In the past 10 years, Enterprise Bancorp Inc-MA has provided 0.055 (multiply by 100 for percentage) rate of return.