Enterprise Bancorp Inc EBTC Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Jan 02, 2025 (filed on Jan 06, 2025)

Insider Name:

Larochelle Steven R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,578

Price:

$38.79
Dec 24, 2024 (filed on Dec 27, 2024)

Insider Name:

Duncan George L

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-2,873

Price:

--
Dec 24, 2024 (filed on Dec 27, 2024)

Insider Name:

Duncan George L

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,908

Price:

$40.12
Dec 24, 2024 (filed on Dec 27, 2024)

Insider Name:

Duncan George L

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

2,873

Price:

$21.03
Dec 13, 2024 (filed on Dec 16, 2024)

Insider Name:

Lussier Joseph R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

58

Price:

$42.75
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--

Filings by filing date

Jan 02, 2025 (filed on Jan 06, 2025)

Insider Name:

Larochelle Steven R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,578

Price:

$38.79
Dec 24, 2024 (filed on Dec 27, 2024)

Insider Name:

Duncan George L

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-2,873

Price:

--
Dec 24, 2024 (filed on Dec 27, 2024)

Insider Name:

Duncan George L

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,908

Price:

$40.12
Dec 24, 2024 (filed on Dec 27, 2024)

Insider Name:

Duncan George L

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

2,873

Price:

$21.03
Dec 13, 2024 (filed on Dec 16, 2024)

Insider Name:

Lussier Joseph R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

58

Price:

$42.75
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 11, 2024 (filed on Oct 11, 2024)

Insider Name:

Collins Brian Michael

Ownership Type:

Direct Ownership

Securities:

Option (Right to Buy)

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--

News

Biz Brief

Sector: Financials	Industry: Banks

See Regulatory Filings on SEC

Company Contact

Address:	222 Merrimack St. LOWELL MA 01852
Tel:	1-978-6565578
Website:	https://www.enterprisebanking.com
IR:	See website

Key People

George L. Duncan Executive Chairman of the Board	Peter Fraser Chief Mortgage and Consumer Lending Officer of the Bank	Richard W. Main President, Director
Steven R. Larochelle Chief Executive Officer, Director	James F. Conway Vice Chairman of the Board, Lead Independent Director	Joseph R. Lussier Chief Financial Officer, Treasurer of the Company and Bank
Brian H. Bullock Chief Commercial Lending Officer of the Bank	Brian M. Collins Chief Operating Officer, Chief Digital and Operations Officer of the Bank	Susan Covey Branch Administration Director of the Bank
Ryan C. Dunn Regional Commercial Lending Director of the Bank

Business Overview

Enterprise Bancorp, Inc. operates as the parent holding company of Enterprise Bank and Trust Company (the Bank). The Company is primarily engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities. It offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services. The Bank also offers various digital banking capabilities through online and mobile platforms. It specializes in lending to business entities, non-profit organizations, professional practices, and individuals. Its lending products include commercial real estate, commercial and industrial, and commercial construction loans; residential loans; home equity loans and lines of credit; consumer loans; and credit risk and allowance for credit losses. Its commercial real estate loans include loans secured by both owner and non-owner-occupied real estate.

Financial Overview

For the nine months ended 30 September 2024, Enterprise Bancorp Inc interest income increased 16% to $171M. Net interest income after loan loss provision decreased 2% to $107.3M. Net income decreased 7% to $28M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 11% to 3.2%, Net Interest Spread, Total -% decrease of 10% to 3.08%. Dividend per share increased from $0.69 to $0.72.

Employees:	570 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$462.03M as of Sep 30, 2024
Annual revenue (TTM):	$224.28M as of Sep 30, 2024
EBITDA (TTM):	$59.94M as of Sep 30, 2024
Net annual income (TTM):	$35.91M as of Sep 30, 2024
Free cash flow (TTM):	$33.25M as of Sep 30, 2024
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	12,429,635 as of Dec 6, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization