Enterprise Bancorp, Inc. Announces Quarterly Dividend
Rhea-AI Summary
Enterprise Bancorp (NASDAQ:EBTC) has announced its quarterly dividend payment of $0.25 per share, as declared by the Board of Directors on April 15, 2025. The dividend will be paid on June 2, 2025, to shareholders of record as of May 12, 2025.
The company operates primarily through Enterprise Bank and Trust Company, offering commercial, residential, and consumer loan products, deposit services, and wealth management solutions. With its headquarters in Lowell, Massachusetts, Enterprise Bank maintains 27 full-service branches across Northern Middlesex, Northern Essex, and Northern Worcester counties in Massachusetts, and Southern Hillsborough and Southern Rockingham counties in New Hampshire.
Positive
- Consistent dividend payment maintained at $0.25 per share
- Extensive network of 27 full-service branches across two states
- Diverse revenue streams from commercial, residential, and consumer banking services
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, EBTC gained 0.37%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
LOWELL, Mass., April 15, 2025 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)
On April 15, 2025, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of
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. Enterprise Bank is principally engaged in the business of attracting deposits from the general public and investing in commercial loans and investment securities. Through Enterprise Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, electronic and digital banking options, as well as wealth management, and trust services. The Company's headquarters and Enterprise Bank's main office are located at 222 Merrimack Street in Lowell, Massachusetts. The Company's primary market area is the Northern Middlesex, Northern Essex, and Northern Worcester counties of Massachusetts and the Southern Hillsborough and Southern Rockingham counties in New Hampshire. Enterprise Bank has 27 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica (2), Chelmsford (2), Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell (2), Methuen, North Andover, Tewksbury (2), Tyngsborough and Westford and in the New Hampshire communities of Derry, Hudson, Londonderry, Nashua (2), Pelham, Salem and Windham.
Contact Info: Joseph R. Lussier, Executive Vice President, Chief Financial Officer and Treasurer (978) 656-5578
FAQ
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