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

24.71USD+0.09 (+0.37%)Market Closed

Market Summary

USD24.71+0.09

Market Closed

0.37%

EBTC Stock Price

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EBTC RSI Chart

EBTC Valuation

Market Cap

303.4M

Price/Earnings (Trailing)

7.97

Price/Sales (Trailing)

1.51

EV/EBITDA

1.17

Price/Free Cashflow

5.93

EBTC Price/Sales (Trailing)

EBTC Profitability

EBT Margin

25.49%

Return on Equity

11.56%

Return on Assets

0.85%

Free Cashflow Yield

16.85%

EBTC Fundamentals

EBTC Revenue

Revenue (TTM)

201.1M

Rev. Growth (Yr)

15.7%

Rev. Growth (Qtr)

1.84%

EBTC Earnings

Earnings (TTM)

38.1M

Earnings Growth (Yr)

-35.75%

Earnings Growth (Qtr)

-18.48%

Breaking Down EBTC Revenue

Last 7 days

0.3%

Last 30 days

0.0%

Last 90 days

-11.5%

Trailing 12 Months

-10.7%

How does EBTC drawdown profile look like?

EBTC Financial Health

EBTC Investor Care

Dividend Yield

3.72%

Dividend/Share (TTM)

0.92

Shares Dilution (1Y)

1.07%

Diluted EPS (TTM)

3.11

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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>

Returns of $10,000 invested in:

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 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	BNP PARIBAS FINANCIAL MARKETS	added	59.08	99,323	453,280	-%
Apr 30, 2024	Granite Bay Wealth Management, LLC	sold off	-100	-221,000	-	-%
Apr 30, 2024	Private Advisor Group, LLC	sold off	-100	-212,335	-	-%
Apr 29, 2024	COMMONWEALTH EQUITY SERVICES, LLC	added	0.15	-730,000	3,037,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-6.31	-289,285	887,799	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	0.01	-49,000	206,000	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-62.79	-20,000	8,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	25,693	169,849	-%
Apr 15, 2024	Pallas Capital Advisors LLC	added	0.13	-92,968	386,512	0.02%

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
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
Apr 23, 2024	8-K	Current Report
Apr 16, 2024	8-K	Current Report

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	550.4B	174.7B	-3.62%	40.95%	10.93	3.15	53.11%	19.83%
BAC	288.3B	127.4B	-1.15%	32.34%	11.52	2.26	44.27%	-12.56%
WFC	208.6B	85.8B	4.32%	56.01%	11.11	2.43	35.02%	26.14%
C	117.6B	133.3B	-2.05%	34.77%	12.75	0.88	79.09%	-
CFG	16.1B	10.2B	-0.14%	33.45%	9.98	1.57	44.53%	-22.43%
KEY	14.0B	8.1B	-2.62%	55.93%	16.03	1.72	32.15%	-50.93%
MID-CAP
CMA	6.9B	4.2B	-3.21%	45.81%	9.9	1.62	34.68%	-45.96%
ZION	6.3B	3.9B	0.71%	88.53%	9.31	1.6	45.91%	-25.03%
ABCB	3.4B	1.3B	3.97%	58.26%	12.49	2.62	43.24%	-22.35%
ASB	3.3B	1.8B	5.09%	36.86%	20.51	1.79	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	391.4M	152.4M	-5.49%	44.45%	39.37	2.57	16.94%	-73.84%
AROW	387.7M	162.6M	-2.25%	14.75%	12.89	2.38	25.39%	-38.37%
ACNB	284.2M	96.6M	-5.09%	17.23%	8.97	2.94	11.02%	-11.37%
ASRV	42.0M	60.9M	2.51%	-13.74%	-12.56	0.69	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.8%	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	32.00
EBITDA Margin	-8.3%	1.05*	1.14*	1.23*	1.29*	1.34*	1.36*	1.36*	1.38*	1.38*	1.36*	1.35*	1.31*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.2%	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	28.00
Income Taxes	6.7%	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	2.00
Earnings Before Taxes	-12.2%	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	9.00
EBT Margin	-12.2%	0.25*	0.29*	0.32*	0.33*	0.35*	0.35*	0.35*	0.38*	0.37*	0.37*	0.37*	0.34*	-	-	-	-	-	-	-	-	-
Net Income	-18.5%	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	7.00
Net Income Margin	-13.6%	0.19*	0.22*	0.24*	0.25*	0.27*	0.27*	0.27*	0.29*	0.28*	0.28*	0.28*	0.26*	-	-	-	-	-	-	-	-	-
Free Cashflow	-39.5%	17.00	28.00	1.00	5.00	26.00	4.00	18.00	-4.98	26.00	9.00	19.00	4.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.4%	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	2,964
Cash Equivalents	-74.9%	57.00	225	259	216	268	414	306	430	437	644	739	441	254	308	255	75.00	64.00	82.00	187	135	63.00
Net PPE	3.5%	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	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	-1.1%	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	2,709
Shareholder's Equity	9.8%	329	300	307	311	282	272	285	311	347	347	339	329	334	326	317	305	297	291	281	266	255
Retained Earnings	1.7%	301	296	289	283	275	265	255	250	242	233	226	217	215	207	199	194	192	185	178	172	165
Additional Paid-In Capital	0.9%	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	91.00
Shares Outstanding	0.1%	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)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-32.1%	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	14,870
Share Based Compensation	-0.3%	583	584	629	522	592	609	637	478	525	559	540	451	496	476	506	426	498	461	518	426	462
Cashflow From Investing	-171.9%	-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	-68,400
Cashflow From Financing	-281.9%	-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	51,525
Dividend Payments	0.0%	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	369

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EBTC Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest and dividend income:
Loans and loans held for sale	$ 172,535	$ 135,934	$ 133,208
Investment securities	18,575	18,965	15,143
Other interest-earning assets	9,943	6,014	682
Total interest and dividend income	201,053	160,913	149,033
Interest expense:
Deposits	44,389	5,711	3,922
Borrowed funds	113	52	60
Subordinated debt	3,467	3,352	3,495
Total interest expense	47,969	9,115	7,477
Net interest income	153,084	151,798	141,556
Provision for credit losses	9,249	5,800	1,770
Net interest income after provision for credit losses	143,835	145,998	139,786
Non-interest income:
Wealth management fees	6,730	6,533	6,787
Deposit and interchange fees	8,475	8,196	6,971
Income on bank-owned life insurance, net	1,264	1,202	821
Net (losses) gains on sales of debt securities	(2,419)	(1,973)	128
Net gains on sales of loans	34	30	833
Net gain on sale of OREO	0	0	1,126
Net gain on sale of insurance commissions	0	2,034	0
Loss on termination of swaps	0	0	(1,847)
Gain (loss) on equity securities	666	(514)	246
Other income	2,859	2,954	3,042
Total non-interest income	17,609	18,462	18,107
Non-interest expense:
Salaries and employee benefits	72,283	72,120	66,633
Occupancy and equipment expenses	9,722	9,299	9,650
Technology and telecommunications expenses	10,656	10,735	10,574
Advertising and public relations expenses	2,786	2,758	2,373
Audit, legal and other professional fees	2,945	2,949	2,347
Deposit insurance premiums	2,712	1,783	1,910
Supplies and postage expenses	998	912	819
Loss on extinguishment of subordinated debt	0	0	713
Other operating expenses	8,097	7,758	7,116
Total non-interest expense	110,199	108,314	102,135
Income before income taxes	51,245	56,146	55,758
Provision for income taxes	13,187	13,430	13,587
Net income	$ 38,058	$ 42,716	$ 42,171
Basic earnings per share (in dollars per share)	$ 3.11	$ 3.53	$ 3.51
Diluted earnings per share (in dollars per share)	$ 3.11	$ 3.52	$ 3.50
Basic weighted average common shares outstanding (in shares)	12,223,626	12,103,033	12,005,838
Diluted weighted average common shares outstanding (in shares)	12,244,036	12,149,777	12,051,293

EBTC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents:
Cash and due from banks	$ 37,443	$ 36,901
Interest-earning deposits with banks	19,149	230,688
Total cash and cash equivalents	56,592	267,589
Investments:
Debt securities at fair value (amortized cost of $763,981 and $940,227, respectively)	661,113	816,102
Equity securities at fair value	7,058	4,269
Total investment securities at fair value	668,171	820,371
Federal Home Loan Bank stock	2,402	2,343
Loans held for sale	200	0
Loans:
Total loans	3,567,631	3,180,518
Allowance for credit losses	(58,995)	(52,640)
Net loans	3,508,636	3,127,878
Premises and equipment, net	44,931	44,228
Lease right-of-use asset	24,820	24,923
Accrued interest receivable	19,233	17,117
Deferred income taxes, net	49,166	51,981
Bank-owned life insurance	65,455	64,156
Prepaid income taxes	1,589	683
Prepaid expenses and other assets	19,183	11,408
Goodwill	5,656	5,656
Total assets	4,466,034	4,438,333
Liabilities
Deposits	3,977,521	4,035,806
Borrowed funds	25,768	3,216
Subordinated debt	59,498	59,182
Lease liability	24,441	24,415
Accrued expenses and other liabilities	45,011	31,442
Accrued interest payable	4,678	2,005
Total liabilities	4,136,917	4,156,066
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; 12,272,674 and 12,133,516 shares issued and outstanding, respectively	123	121
Additional paid-in capital	107,377	103,793
Retained earnings	301,380	274,560
Accumulated other comprehensive loss	(79,763)	(96,207)
Total shareholders' equity	329,117	282,267
Total liabilities and shareholders' equity	$ 4,466,034	$ 4,438,333

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 Thu May 02 2024, market cap of Enterprise Bancorp Inc-MA is 303.41 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 Thu May 02 2024, EBTC's PE ratio (Price to Earnings) is 7.97 and Price to Sales (PS) ratio is 1.51. 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 0.05 (multiply by 100 for percentage) rate of return.