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Enterprise Bancorp inc   (EBTC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Enterprise Bancorp inc

EBTC's Financial Statements and Analysis



Enterprise Bancorp inc reported in the forth quarter of 2023 net earnings per share of $0.64 a decrease by -36.36 % year on year from $1.00 and decline of -19.16 % from $0.79 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.64 $  40 Mill
$-0.36     -36.36 % $-5M     -11.1 %



Enterprise Bancorp Inc 's Revenue fell by -11.1 % in forth quarter of 2023 (Dec 31 2023) year on year, to $40 million and declined by -4.04 % sequentially.


Enterprise Bancorp Inc is

More on EBTC's Income Statement



Enterprise Bancorp Inc 's net income of $7.907 million in the forth quarter of 2023 decreased by -35.75 % from net earnings of $12.306 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -18.48 % from net income of $9.699 million realized in previous quarter.

More on EBTC's Growth

Enterprise Bancorp Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-169 million, capital expenditures fell by -1.423100.28%, to $-3 millions compare to same quarter a year ago

More on EBTC's Cash flow Statement


Enterprise Bancorp inc payed out dividend of $0.99 per share in last 52 weeks representing 31.94 % of net earning per share in trailing twelve-month period.

During the same period Enterprise Bancorp inc earned $ 4.67 cash per share, on a free-cash flow basis 150.67 % of net earning per share.

Book value grew by 10.06 % sequentially to $26.89 per share, 117.29% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 26.43 per share from $ 23.97.

Company repurchased 0.03 million shares or 0.22 % in Dec 31 2023.
Interest Coverage Ratio was 2.07. Debt Coverage Ratio was 1.67.

More on EBTC's Dividends

 Market Capitalization (Millions) 307
 Shares Outstanding (Millions) 12
 Total Debt (Millions $) 60
 Revenue (TTM) (Millions $) 161
 Net Income (TTM) (Millions $) 38
 Cash Flow (TTM) (Millions $) -211
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0.99 $
 Dividend Yield TTM (%) 3.19 %
 Employees (TTM) $ 426




Enterprise Bancorp inc payed out dividend of $0.99 per share in the last 52 weeks representing 31.94 % of net earning per share in trailing twelve-month period.

During the same period Enterprise Bancorp inc had $ 4.67 cash flow per share, on a free-cash flow basis 150.67 % of net earning per share.

Book value grew by 10.06 % sequentially to $26.89 per share, 117.29% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 26.43 per share from $ 23.97.

Company repurchased 0.03 million shares or 0.22 % in Dec 31 2023.
Interest Coverage Ratio was 2.07. Debt Coverage Ratio was 1.67.

More on EBTC's Balance Sheets

 Market Capitalization (Millions) 307
 Shares Outstanding (Millions) 12
 Total Debt (Millions $) 60
 Revenue (TTM) (Millions $) 161
 Net Income (TTM) (Millions $) 38
 Cash Flow (TTM) (Millions $) -211
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0.99 $
 Dividend Yield TTM (%) 3.19 %
 Employees (TTM) $ 426
   


  News about Enterprise Bancorp inc Earnings

Enterprise Bancorp Inc Sees Significant Drop in Earnings per Share for Fiscal Year End 2023

Enterprise Bancorp Inc recently announced its financial results for the fiscal period ending December 31, 2023, which revealed a decline in both top and bottom-line figures. The net profit per share dropped by -36.36% and revenue decreased by -11.102% year on year. Revenue amounted to $39.57 million compared to $44.51 million in the same period a year ago, with earnings per share at $0.64, down from $1.00 in the previous year.
Furthermore, profits fell by -19.16% from $0.79 per share, and revenue decreased by -4.035% from $41.24 million in the prior period. Net earnings for the financial period ending December 31, 2023, stood at $7.907 million, marking a -35.75% decline from $12.306 million in the corres...

Enterprise Bancorp Inc Fights Against Revenue Slide, Unveils Surprising Positives Amidst Challenging Q3 Earnings Season

Enterprise Bancorp Inc (EBTC) has reported disappointing financial results for the July to September 30, 2023, period, with income falling by -19.39% to $0.79 per share and revenue decreasing by -4.776% to $41.24 million year on year. This is in contrast to the overall performance of the Regional Banks sector, which recorded a 0.33% improvement in revenue compared to the same reporting period a year ago in the third quarter of 2023.
However, when compared to the previous reporting period, Enterprise Bancorp Inc shows some positive signs of growth. Revenue advanced by 6.707% from $38.64 million, and income per share remained unchanged at $0.79 per share. The bottom-line also saw a decline of -18.92% to $9...

Enterprise Bancorp Inc's Revenue Growth Flounders: Is Their Profitability at Risk?



Enterprise Bancorp Inc, a financial institution, reported a double-digit increase in bottom-line earnings during the financial second quarter of 2023. However, a closer examination reveals that their revenue growth remained lackluster, and their profit margins, although improved, are not strong enough to support a bullish outlook. This article will delve into the specifics of Enterprise Bancorp Inc's recent financial performance and highlight its potential weaknesses.
Revenue Stagnation:
While Enterprise Bancorp Inc showcased a slight 2.93% increase in revenue to $38.64 million compared to the previous year, it is essential to consider the decline of 7.973% from the first quarter of 2023. T...

Regional Banks Exceed Expectations, Boosting Earnings per Share by 3.53% in Fiscal Q1 2023

Enterprise Bancorp Inc is a full-service commercial bank based in Massachusetts, United States. The bank was founded in 1989 by George L. Duncan, who still serves as the Chairman and Chief Executive Officer. The bank operates through its banking subsidiaries, Enterprise Bank and Trust Company, and Eagle Insurance Agency. The bank offers a range of banking and financial services, including business and personal banking, commercial and consumer lending, residential mortgage services, trust and investment services, and insurance services.
The bank recently released its financial results for the fiscal first quarter of 2023, which showed an increase in revenue and profits in comparison to the prior year. The...


Date modified: 2024-03-10T17:13:58+00:00





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