Meridian Bancorp

Meridian Bancorp, Inc. operates as a holding company, which engages in the provision of banking and financial services, through East Boston Savings Bank. It offers banking products such as mobile banking; retirement services; investments; savings and certificates of deposits; personal lending; auto loan; line of credit, and cash management. The company was founded on March 6, 2014 and is headquartered in Peabody, MA.

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Meridian Bancorp (EBSB) delivered earnings and revenue surprises of -7.69% and -6.25%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Meridian Bancorp (EBSB) Lags Q3 Earnings and Revenue Estimates

BOSTON, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank (the “Bank”), announced net income of $18.3 million, or $0.36 per diluted share, for the quarter ended September 30, 2021, compared to $16.5 million, or $0.32 per diluted share for the quarter ended June 30, 2021, and $16.7 million, or $0.33 per diluted share, for the quarter ended September 30, 2020. For the nine months ended September 30, 2021, net income was $59.2 million, or $1.17 per diluted share, up from $46.9 million, or $0.93 per diluted share, for the nine months ended September 30, 2020. The Company's return on average assets was 1.17% for the quarter ended September 30, 2021, compared to 1.03% for the quarter ended June 30, 2021, and 1.03% for the quarter ended September 30, 2020. For the nine months ended September 30, 2021, the Company's return on average assets was 1.22%, up from 0.98% for the nine months ended September 30, 2020. The Company's return on average equity was 9.03% for the quarter ended September 30, 2021, compared to 8.32% for the quarter ended June 30, 2021, and 8.94% for the quarter ended September 30, 2020. For the nine months ended September 30, 2021, the Company's return on average equity was 9.91%, up from 8.50% for the nine months ended September 30, 2020.

Meridian Bancorp, Inc. Announces Results for the Quarter and Nine Months Ended September 30, 2021

Meridian Bancorp (EBSB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Meridian Bancorp (EBSB) Earnings Expected to Grow: What to Know Ahead of Q3 Release

BOSTON, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank, today declared a quarterly cash dividend of $0.10 per common share, payable on October 5, 2021 to stockholders of record at the close of business on September 21, 2021.

Meridian Bancorp, Inc. Announces Quarterly Dividend

Independent Bank

Independent Bank (INDB) and Meridian (EBSB) receive shareholder approval for the previously announced merger deal.

Independent Bank (INDB), Meridian (EBSB) Get Merger Approval

Meridian Bancorp (EBSB) delivered earnings and revenue surprises of -21.95% and -2.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Meridian Bancorp (EBSB) Lags Q2 Earnings and Revenue Estimates

BOSTON, July 22, 2021 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank (the “Bank”), announced net income of $16.5 million, or $0.32 per diluted share, for the quarter ended June 30, 2021, compared to $24.3 million, or $0.48 per diluted share for the quarter ended March 31, 2021, and $17.3 million, or $0.34 per diluted share, for the quarter ended June 30, 2020. For the six months ended June 30, 2021, net income was $40.9 million, or $0.81 per diluted share, up from $30.3 million, or $0.60 per diluted share, for the six months ended June 30, 2020. The Company's return on average assets was 1.03% for the quarter ended June 30, 2021, compared to 1.46% for the quarter ended March 31, 2021, and 1.08% for the quarter ended June 30, 2020. For the six months ended June 30, 2021, the Company's return on average assets was 1.25%, up from 0.95% for the six months ended June 30, 2020. The Company's return on average equity was 8.32% for the quarter ended June 30, 2021, compared to 12.45% for the quarter ended March 31, 2021, and 9.45% for the quarter ended June 30, 2020. For the six months ended June 30, 2021, the Company's return on average equity was 10.36%, up from 8.27% for the six months ended June 30, 2020.

Meridian Bancorp, Inc. Announces Results for the Quarter and Six Months Ended June 30, 2021

Meridian Bancorp (EBSB) to Report Q2 Results: Wall Street Expects Earnings Growth

Meridian Bancorp (EBSB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Meridian Bancorp (EBSB) Moves 23% Higher: Will This Strength Last?

NEW YORK, April 23, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Meridian Bancorp, Inc. ("Meridian" or the "Company") (NASDAQ: EBSB) in connection with the proposed acquisition of the Company by Independent Bank Corp. ("Independent") (NASDAQ: INDB). Under the terms of the merger agreement, Meridian shareholders will receive 0.2750 of a share of Independent common stock for each Meridian share that they own, representing implied consideration of $21.74 based upon Independent's April 22, 2021 closing price of $79.07.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Meridian Bancorp, Inc.

The bank announced last night that it plans to be acquired by a nearby competitor.

Why Shares of Meridian Bancorp Are Climbing Today

The stock price of Meridian Bancorp Inc (NASDAQ: EBSB) has increased by over 15% pre-market. This is why it happened.

EBSB Stock: Over 15% Increase Pre-Market Explanation

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Meridian Bancorp, Inc. (NASDAQ: EBSB) to Independent Bank Corp. is fair to Meridian Bancorp shareholders. Under the terms of the agreement, Meridian Bancorp stockholders will receive 0.2750 of a share of Independent Bank common stock for each share of Meridian Bancorp common stock they own. Halper Sadeh encourages Meridian Bancorp shareholders to click here to learn more about th

Meridian Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation into Whether the Sale of Meridian Bancorp, Inc. is Fair to Shareholders; Investors are Encouraged to Contact the Firm – EBSB

Meridian Bancorp (EBSB) delivered earnings and revenue surprises of 14.29% and 2.11%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Meridian Bancorp (EBSB) Surpasses Q1 Earnings and Revenue Estimates

BOSTON, April 22, 2021 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank (the “Bank”), announced net income of $24.3 million, or $0.48 per diluted share, for the quarter ended March 31, 2021, compared to $18.1 million, or $0.36 per diluted share for the quarter ended December 31, 2020, and $13.0 million, or $0.25 per diluted share, for the quarter ended March 31, 2020. The Company's return on average assets was 1.46% for the quarter ended March 31, 2021, compared to 1.10% for the quarter ended December 31, 2020, and 0.82% for the quarter ended March 31, 2020. The Company's return on average equity was 12.45% for the quarter ended March 31, 2021, compared to 9.51% for the quarter ended December 31, 2020, and 7.09% for the quarter ended March 31, 2020.

Meridian Bancorp, Inc. Announces Record Quarterly Net Income of $24 Million

Meridian Bancorp (EBSB) to Report Q1 Results: Wall Street Expects Earnings Growth

New York, New York--(Newsfile Corp. - April 12, 2021) - Levi & Korsinsky announces it has commenced an investigation of Meridian Bancorp, Inc. (NASDAQ: EBSB) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/meridian-bancorp-inc-information-request-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Meridian Bancorp, Inc. (EBSB)

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BOSTON, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank, today declared a quarterly cash dividend of $0.10 per common share, an increase of $0.02 per common share, or 25%, payable on April 1, 2021 to stockholders of record at the close of business on March 18, 2021. The Company also announced that it has adopted a new stock repurchase program for up to 1,000,000 shares, or approximately 1.9% of its outstanding common stock.

Meridian Bancorp, Inc. Announces 25% Increase in Quarterly Dividend and New Stock Repurchase Program

Meridian Bancorp (EBSB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Meridian Bancorp (EBSB) Might be Well Poised for a Surge

Meridian Bancorp (EBSB) delivered earnings and revenue surprises of 2.86% and 9.56%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Meridian Bancorp (EBSB) Q4 Earnings and Revenues Top Estimates

BOSTON, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank (the “Bank”), announced net income of $18.1 million, or $0.36 per diluted share, for the quarter ended December 31, 2020, compared to $17.1 million, or $0.33 per diluted share, for the quarter ended December 31, 2019. For the year ended December 31, 2020, net income was $65.1 million, or $1.29 per diluted share, down from $67.0 million, or $1.30 per diluted share, for the year ended December 31, 2019. The Company's return on average assets was 1.10% for the quarter ended December 31, 2020, compared to 1.08% for the quarter ended December 31, 2019. For the year ended December 31, 2020, the Company's return on average assets was 1.01%, down from 1.06% for the year ended December 31, 2019. The Company's return on average equity was 9.51% for the quarter ended December 31, 2020, compared to 9.45% for the quarter ended December 31, 2019. For the year ended December 31, 2020, the Company's return on average equity was 8.76%, down from 9.56% for the year ended December 31, 2019.

Meridian Bancorp, Inc. Announces Record Fourth Quarter Net Income and Full Year 2020 Results

Meridian Bancorp (EBSB) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Meridian Bancorp (EBSB)

Meridian Bancorp (EBSB) delivered earnings and revenue surprises of 17.86% and 2.24%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Meridian Bancorp (EBSB) Beats Q3 Earnings and Revenue Estimates

Strong Net Income Driven by Continued Net Interest Margin Expansion and Reduced Efficiency Ratio Strong Net Income Driven by Continued Net Interest Margin Expansion and Reduced Efficiency Ratio

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