This company has been acquired
Enterprise Bancorp Management
Management criteria checks 3/4
Enterprise Bancorp's CEO is Steven Larochelle, appointed in Jun 2024, has a tenure of 1.08 years. total yearly compensation is $1.10M, comprised of 44.1% salary and 55.9% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth $2.30M. The average tenure of the management team and the board of directors is 6.5 years and 17.2 years respectively.
Key information
Steven Larochelle
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 44.06% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.5% |
| Management average tenure | 6.5yrs |
| Board average tenure | 17.2yrs |
Recent management updates
Recent updates
Evaluating Enterprise Bancorp After Its Breathtaking Rally
Feb 14Enterprise Bancorp (NASDAQ:EBTC) Is Due To Pay A Dividend Of $0.24
Oct 19
Enterprise Bancorp Still Has Upside, Despite Its Recent Rally
Oct 15Enterprise Bancorp (NASDAQ:EBTC) Has Affirmed Its Dividend Of $0.24
Jul 22Enterprise Bancorp: A 4% Dividend Yield, But Keep An Eye On The Loan Book
Jun 06Enterprise Bancorp (NASDAQ:EBTC) Is Due To Pay A Dividend Of $0.24
Apr 24Enterprise Bancorp: A Great Stock For Lower Interest Rates
Feb 15Enterprise Bancorp's (NASDAQ:EBTC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 22Enterprise Bancorp's (NASDAQ:EBTC) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21Enterprise Bancorp declares $0.205 dividend
Oct 18Enterprise Bancorp GAAP EPS of $0.67, revenue of $37.5M
Jul 21Revisiting My Bullish Thesis On Enterprise Bancorp
Apr 11Enterprise Bancorp (NASDAQ:EBTC) Is Increasing Its Dividend To US$0.20
Jan 24Here's Why We Think Enterprise Bancorp (NASDAQ:EBTC) Is Well Worth Watching
Dec 18Shareholders Will Probably Be Cautious Of Increasing Enterprise Bancorp, Inc.'s (NASDAQ:EBTC) CEO Compensation At The Moment
Apr 29Why Enterprise Bancorp, Inc. (NASDAQ:EBTC) Should Be In Your Dividend Portfolio
Apr 19What Kind Of Investors Own Most Of Enterprise Bancorp, Inc. (NASDAQ:EBTC)?
Mar 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$41m |
| Dec 31 2024 | US$1m | US$485k | US$39m |
Compensation vs Market: Steven's total compensation ($USD1.10M) is below average for companies of similar size in the US market ($USD2.65M).
Compensation vs Earnings: Insufficient data to compare Steven's compensation with company performance.
CEO
Steven Larochelle (61 yo)
Mr. Steven R. Larochelle is CEO & Director of Enterprise Bancorp, Inc. and Enterprise Bank and Trust Company from June 6, 2024. Mr. Steven R. Larochelle served as the Chief Banking Officer (since March 200...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman of the Board | 37.5yrs | US$876.15k | 3.5% $ 17.1m | |
| CEO & Director | 1.1yrs | US$1.10m | 0.47% $ 2.3m | |
| Executive VP | 5.8yrs | US$591.74k | 0.13% $ 621.8k | |
| Secretary & Independent Director | 7.2yrs | US$66.11k | 0.37% $ 1.8m | |
| President & Director | 20.5yrs | US$642.96k | 1.83% $ 8.9m | |
| Accounting Director | 15.3yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| Senior Financial Advisor & Senior VP of Enterprise Wealth Management | no data | no data | no data | |
| MD & Chief Investment Officer of Enterprise Wealth Management | 1yr | no data | 0.074% $ 361.7k | |
| EVP of Admin - Enterprise Bank & Trust Co. and Commercial Lender of Enterprise Bank & Trust Co. | no data | US$220.49k | no data | |
| SVP of Enterprise Bank and Trust Co & Sr. Commercial Lending Officer of Enterprise Bank and Trust Co | no data | no data | no data |
Experienced Management: EBTC's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman of the Board | 37.5yrs | US$876.15k | 3.5% $ 17.1m | |
| CEO & Director | 1.1yrs | US$1.10m | 0.47% $ 2.3m | |
| Secretary & Independent Director | 11.8yrs | US$66.11k | 0.37% $ 1.8m | |
| President & Director | 36.5yrs | US$642.96k | 1.83% $ 8.9m | |
| Independent Vice Chairman & Lead Director | 36.5yrs | US$83.71k | 0.30% $ 1.5m | |
| Independent Director | 19.5yrs | US$75.31k | 0.28% $ 1.4m | |
| Independent Director | 8yrs | US$63.91k | 7.54% $ 36.8m | |
| Independent Director | 27.5yrs | US$62.61k | 0.69% $ 3.4m | |
| Independent Director | 26.5yrs | US$74.41k | 0.22% $ 1.1m | |
| Independent Director | 4.8yrs | US$64.11k | 0.082% $ 401.7k | |
| Independent Director | 14.8yrs | US$68.11k | 0.21% $ 1.0m | |
| Independent Director | 14.8yrs | US$73.11k | 0.16% $ 780.9k |
Experienced Board: EBTC's board of directors are seasoned and experienced ( 17.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/03 14:31 |
| End of Day Share Price | 2025/06/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Enterprise Bancorp, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.