Enterprise Bancorp
Market Cap
US$388.4m
Last Updated
2021/07/31 05:58 UTC
Data Sources
Company Financials
Executive Summary
Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank, and has reported 126 consecutive profitable quarters. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Enterprise Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EBTC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EBTC's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.5%
EBTC
0.9%
US Banks
-0.5%
US Market
1 Year Return
52.1%
EBTC
59.1%
US Banks
35.9%
US Market
Return vs Industry: EBTC underperformed the US Banks industry which returned 59.1% over the past year.
Return vs Market: EBTC exceeded the US Market which returned 35.9% over the past year.
Shareholder returns
| EBTC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 0.9% | -0.5% |
| 30 Day | -1.4% | -3.5% | 0.3% |
| 90 Day | -6.1% | -4.4% | 3.1% |
| 1 Year | 56.3%52.1% | 63.5%59.1% | 38.0%35.9% |
| 3 Year | -5.8%-12.3% | 17.3%7.2% | 62.9%52.7% |
| 5 Year | 51.9%36.6% | 89.6%65.9% | 121.7%97.3% |
Long-Term Price Volatility Vs. Market
How volatile is Enterprise Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Does Enterprise Bancorp's (NASDAQ:EBTC) Share Price Gain of 50% Match Its Business Performance?2 months ago | Simply Wall St
Enterprise Bancorp (NASDAQ:EBTC) Could Be A Buy For Its Upcoming DividendValuation
Is Enterprise Bancorp undervalued compared to its fair value and its price relative to the market?
35.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EBTC ($32.7) is trading below our estimate of fair value ($51)
Significantly Below Fair Value: EBTC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EBTC is good value based on its PE Ratio (9.4x) compared to the US Banks industry average (10.8x).
PE vs Market: EBTC is good value based on its PE Ratio (9.4x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EBTC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EBTC's PB Ratio (1.1x) is in line with the US Banks industry average.
Future Growth
How is Enterprise Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-1.3%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Enterprise Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Enterprise Bancorp performed over the past 5 years?
15.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EBTC has high quality earnings.
Growing Profit Margin: EBTC's current net profit margins (27.5%) are higher than last year (22.6%).
Past Earnings Growth Analysis
Earnings Trend: EBTC's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: EBTC's earnings growth over the past year (43.6%) exceeds its 5-year average (15.3% per year).
Earnings vs Industry: EBTC earnings growth over the past year (43.6%) exceeded the Banks industry 34.3%.
Return on Equity
High ROE: EBTC's Return on Equity (12.3%) is considered low.
Financial Health
How is Enterprise Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: EBTC's Assets to Equity ratio (13x) is moderate.
Allowance for Bad Loans: EBTC has a sufficient allowance for bad loans (156%).
Low Risk Liabilities: 97% of EBTC's liabilities are made up of primarily low risk sources of funding.
Loan Level: EBTC has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: EBTC's Loans to Deposits ratio (73%) is appropriate.
Level of Bad Loans: EBTC has an appropriate level of bad loans (1.1%).
Dividend
What is Enterprise Bancorp current dividend yield, its reliability and sustainability?
2.26%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EBTC's dividend (2.26%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: EBTC's dividend (2.26%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: EBTC's dividends per share have been stable in the past 10 years.
Growing Dividend: EBTC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.7%), EBTC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Jack Clancy (63 yo)
14.5yrs
Tenure
US$1,037,248
Compensation
Mr. John P. Clancy, Jr., also known as Jack, has been the Chief Executive Officer of Enterprise BanCorp., Inc. and Enterprise Bank and Trust Company, Inc. since January 1, 2007. Mr. Clancy served as the Ch...
CEO Compensation Analysis
Compensation vs Market: Jack's total compensation ($USD1.04M) is below average for companies of similar size in the US market ($USD1.72M).
Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EBTC's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: EBTC's board of directors are seasoned and experienced ( 14.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EBTC insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Enterprise Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Enterprise Bancorp, Inc.
- Ticker: EBTC
- Exchange: NasdaqGS
- Founded: 1989
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$388.379m
- Shares outstanding: 11.88m
- Website: https://www.enterprisebanking.com
Number of Employees
Location
- Enterprise Bancorp, Inc.
- 222 Merrimack Street
- Lowell
- Massachusetts
- 1852
- United States
Listings
Biography
Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank, and has reported 1...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 05:58 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.