Enterprise Bancorp inc.  (EBTC)
Other Ticker:  
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
Price: $34.8200 $0.83 2.442%
Day's High: $34.82 Week Perf: 6.48 %
Day's Low: $ 33.85 30 Day Perf: 11.35 %
Volume (M): 11 52 Wk High: $ 46.48
Volume (M$): $ 366 52 Wk Avg: $36.89
Open: $33.85 52 Wk Low: $29.58

 Market Capitalization (Millions $) 423
 Shares Outstanding (Millions) 12
 Employees 426
 Revenues (TTM) (Millions $) 156
 Net Income (TTM) (Millions $) 39
 Cash Flow (TTM) (Millions $) -433
 Capital Exp. (TTM) (Millions $) 5

Enterprise Bancorp Inc.

Enterprise Bancorp, Inc. is a Massachusetts corporation organized in 1996, which operates as the parent holding company of Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank (the “Bank”). Substantially all of the Company’s operations are conducted through the Bank. The Bank, a Massachusetts trust company and state chartered commercial bank that commenced banking operations in 1989, has five wholly owned subsidiaries that are included in the Company’s consolidated financial statements:

Enterprise Insurance Services, LLC, organized in 2000 in the State of Delaware for the purpose of engaging in insurance sales activities;

Three Massachusetts security corporations, Enterprise Security Corporation (2005), Enterprise Security Corporation II (2007) and Enterprise Security Corporation III (2007), which hold various types of qualifying securities. The security corporations are limited to conducting securities investment activities that the Bank itself would be allowed to conduct under applicable laws.

The Company specializes in lending to business entities, non-profit organizations, professionals and individuals. The Company’s primary lending focus is on the development of high quality commercial relationships achieved through active business development efforts, strong community involvement, focused marketing strategies, and long-term relationships with established commercial developers, growing businesses and non-profits. Loans made to businesses include commercial mortgage loans, construction and land development loans, secured and unsecured commercial loans and lines of credit, and standby letters of credit. The Company also originates equipment lease financing for businesses. Loans made to individuals include conventional residential mortgage loans, home equity loans and lines, residential construction loans on primary and secondary residences, and secured and unsecured personal loans and lines of credit. The Company seeks to manage its loan portfolio to avoid concentration by industry or loan size to lessen its credit risk exposure.

Interest rates charged on loans may be fixed or variable; variable rate loans may have fixed initial periods before periodic rate adjustments begin. Individual rates offered are dependent on the associated degree of credit risk, term, underwriting and servicing costs, loan amount, and the extent of other banking relationships maintained with the borrower, and may be subject to interest rate floors. Rates are also subject to competitive pressures, the current interest rate environment, availability of funds, and government regulations. In 2015, the Company introduced a “Back-to-Back Swap” program that is available to qualified commercial banking customers. The customer interest-rate swap contract allows commercial banking customers to convert a floating-rate loan payment to fixed-rate loan payment while the Company simultaneously enters into an equal and opposite interest rate swap with an independent counterparty. The transaction structure effectively minimizes the Company's net interest rate risk exposure resulting from such transactions.

Enterprise employs a seasoned commercial lending staff, with commercial lenders supporting each branch location. An internal loan review function assesses the compliance of commercial loan originations with the Company’s internal policies and underwriting guidelines and monitors the ongoing quality of the loan portfolio. The Company also contracts with an external loan review company to review loans in the commercial loan portfolio on a pre-determined schedule, based on the type, size, rating, and overall risk of the loan.

The Company's internal residential origination and underwriting staff originate residential loans and are responsible for compliance with residential lending regulations, consumer protection and internal policy guidelines. The Company contracts with an external loan review company to complete a regular quality control review in accordance with secondary market underwriting requirements for residential mortgage loans sold. The sample reviewed is based on loan volume originated. Additionally, the Company's internal compliance department monitors the residential loan origination activity for regulatory compliance.

A management loan review committee, consisting of senior lending officers, credit, loan workout and accounting personnel, is responsible for setting loan policy and procedures, as well as reviewing loans on the internal “watched asset list” and classified loan report. An internal credit review committee, consisting of senior lending officers and loan review personnel, meets to review loan requests related to borrowing relationships of certain dollar levels, as well as other borrower relationships recommended for discussion by committee members.

Deposits have traditionally been the principal source of the Company’s funds. Enterprise offers commercial checking, business and municipal savings accounts, term certificates of deposit (“CDs”), money market and business sweep accounts, Interest on Lawyers Trust Accounts ("IOLTA's"), and escrow management accounts, as well as checking and Simplified Employee Pension (“SEP”) accounts to employees of our business customers. A broad selection of competitive retail deposit products are also offered, including personal checking accounts earning interest and/or reward points, savings accounts, money market accounts, individual retirement accounts (“IRA”) and CDs. Terms on CDs are offered ranging from one month to seventy-two months. As a member of the Federal Deposit Insurance Corporation (the “FDIC”), the Bank's depositors are provided deposit protection up to the maximum FDIC insurance coverage limits.

In addition to the deposit products noted above, the Company also provides customers the ability to allocate money market and checking deposits and CDs to networks of reciprocating FDIC insured banks. Deposits are placed into nationwide networks in increments that are covered by FDIC insurance. This allows the Company to offer enhanced FDIC insurance coverage on larger deposit balances by placing the “excess” funds in FDIC insured accounts or term certificates issued by other banks participating in the networks. In exchange, the other institutions place dollar-for-dollar matching reciprocal and insurable deposits with the Company via the networks. Essentially, the equivalent of the original deposit comes back to the Company and is available to fund local loan growth. The original funds placed into the networks are not carried as deposits on the Company's balance sheet, however the network's reciprocal dollar deposits are carried as non-brokered deposits within the appropriate category under total deposits on the balance sheet.

   Company Address: 222 Merrimack Street, Lowell, 1852 MA
   Company Phone Number: 459-9000   Stock Exchange / Ticker: NASDAQ EBTC
   EBTC is expected to report next financial results on November 07, 2022.

Customers Net Income grew by EBTC's Customers Net Profit Margin grew to

83.4 %

19.64 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

Year to Date Decrease / Increase
ABCB   -3.36%    
ASB   -7.61%    
KEY   -17.68%    
MTB        19.95% 
PNC   -16.13%    
ZION   -9.37%    
BAC   -21.39%    
C   -13.82%    
COF   -21.98%    
GE   -16.95%    
• View Complete Report

Finch Therapeutics Group Inc.

Severe hit for Finch Therapeutics Group Inc in the fiscal interval ending Jun 30 2022

Finch Therapeutics Group Inc reported disastrous fiscal interval ending Jun 30 2022, where Sales faded by -87.24% to $0.36 millions and loss per share has widen to $-0.48, from the same quarter a year ago.

Baudax Bio Inc.

Baudax Bio Inc disclosed epic results in the financial time-frame ending Jun 30 2022

Company loss increased at $-1.05 per share in the financial time-frame ending Jun 30 2022, although its Sales surged by 49.25% to $0.30 millions from the same quarter a year ago.

Solid Biosciences Inc.

Solid Biosciences Inc declared a steep Sales increase in the financial second quarter of 2022

In the financial second quarter of 2022 Solid Biosciences Inc loss increased of $-0.22 per share compared to $-0.17 a year ago and from $-0.22 per share from the previous quarter.

Fulcrum Therapeutics Inc.

Fulcrum Therapeutics Inc declared devastating Sales slide in the financial time-frame ending Jun 30 2022

Fulcrum Therapeutics Inc reported disastrous financial time-frame ending Jun 30 2022, where Sales faded by -57.04% to $1.88 millions and loss per share has widen to $-0.83, from the same quarter a year ago.

Wave Life Sciences Ltd.

Logged a Loss, Top-line Tumbles

In the most recent fiscal period Wave Life Sciences Ltd lost money of $-0.62 per share compared to $-0.78 a year ago and from $-0.62 per share from the previous quarter.


Enterprise Bancorp's Segments
• View Complete Report


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production


Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales


Event Calendar

TNC's Profile

Stock Price

TNC's Financials

Business Description


Charts & Quotes

TNC's News


TNC's Competitors

Customers & Markets

Economic Indicators

TNC's Growth

Company Segments


Stock Performance

Growth Rates




Financial Strength


Largest Companies

Management Effectivness


At a Glance


Growth Rates



Financial Strength


At a Glance



Sectors & Industries






About us


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071