Enterprise Bancorp, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Enterprise Bancorp (NASDAQ:EBTC) has announced its quarterly dividend of $0.25 per share, to be paid on March 3, 2025, to shareholders of record as of February 10, 2025. The company operates primarily through Enterprise Bank and Trust Company, offering commercial, residential, and consumer loan products, deposit products, cash management services, and wealth management solutions.

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. The bank's headquarters and main office are located in Lowell, Massachusetts.

Positive

• Consistent dividend payment maintained at $0.25 per share
• Strong regional presence with 27 full-service branches
• Diversified product portfolio including loans, deposits, and wealth management services

Negative

• None.

LOWELL, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)

On January 21, 2025, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.25 per share to be paid on March 3, 2025, to shareholders of record as of February 10, 2025.

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

When will Enterprise Bancorp (EBTC) pay its next dividend?

Enterprise Bancorp will pay its quarterly dividend of $0.25 per share on March 3, 2025.

What is the record date for EBTC's Q1 2025 dividend?

The record date for Enterprise Bancorp's Q1 2025 dividend is February 10, 2025.

How much is Enterprise Bancorp's quarterly dividend for Q1 2025?

Enterprise Bancorp's quarterly dividend for Q1 2025 is $0.25 per share.

How many branch locations does Enterprise Bancorp (EBTC) operate?

Enterprise Bancorp operates 27 full-service branches across Massachusetts and New Hampshire.

What services does Enterprise Bancorp (EBTC) offer?

Enterprise Bancorp offers commercial, residential and consumer loans, deposit products, cash management services, electronic and digital banking, wealth management, and trust services.