Enterprise Bancorp, Inc. Announces Quarterly Dividend
Enterprise Bancorp, Inc. (NASDAQ:EBTC) has announced a quarterly dividend of $0.24 per share, to be paid on December 2, 2024, to shareholders of record as of November 11, 2024.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Enterprise Bancorp, Inc. (NASDAQ:EBTC) has announced a quarterly dividend of $0.24 per share, to be paid on December 2, 2024, to shareholders of record as of November 11, 2024. The dividend was declared by the Board of Directors on October 15, 2024.
Enterprise Bancorp operates primarily through Enterprise Bank and Trust Company, offering a range of banking services including commercial loans, deposit products, cash management, electronic banking, and wealth management. The company's main office is located in Lowell, Massachusetts, and it serves Northern Middlesex, Northern Essex, and Northern Worcester counties in Massachusetts, as well as Southern Hillsborough and Southern Rockingham counties in New Hampshire. Enterprise Bank currently has 27 full-service branches across various communities in Massachusetts and New Hampshire.
Positive
- Consistent quarterly dividend payment of $0.24 per share
- Wide range of banking services offered, including commercial loans, deposits, and wealth management
- Extensive branch network with 27 full-service locations across Massachusetts and New Hampshire
Negative
- None.
Details
News Market Reaction – EBTC
The recorded move for EBTC in the trading session of this news was +0.66%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOWELL, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)
On October 15, 2024, 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
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