Enterprise Bancorp Inc /Ma/ - Understand $ebtc stock

$EBTC Market Cap: $451.7 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$171.0M

TTM

Gross Margin

Net Earnings

$35.91M

TTM

Current Assets

Current Liabilities

$65.55M

Q3 2024

Current Ratio

Total Assets

$4.743B

Q3 2024

Total Liabilities

$4.375B

Q3 2024

Book Value

$368.1M

Q3 2024

Cash

$88.63M

Q3 2024

P/E

12.58

Nov 29, 2024 EST

Free Cash Flow

$43.37M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Revenue	$201.1M	$160.9M	$149.0M	$144.8M	$137.1M	$122.9M	$105.0M	$92.32M	$83.47M	$76.47M	$71.12M	$68.41M	$66.97M	$65.03M	$62.34M
YoY Change	24.95%	7.97%	2.89%	5.64%	11.56%	17.01%	13.78%	10.6%	9.15%	7.52%	3.97%	2.14%	2.98%	4.31%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$201.1M	$160.9M	$149.0M	$144.8M	$137.1M	$122.9M	$105.0M	$92.32M	$83.47M	$76.47M	$71.12M	$68.41M	$66.97M	$65.03M	$62.34M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$10.66M	$10.74M	$10.57M	$9.197M	$7.590M	$6.382M	$6.372M
YoY Change	-0.74%	1.52%	14.97%	21.17%	18.93%	0.16%
% of Gross Profit
Depreciation & Amortization	$6.188M	$5.300M	$6.200M	$5.400M	$4.700M	$4.700M	$4.700M	$4.400M	$4.300M	$4.200M	$3.900M	$3.700M	$3.800M	$3.400M	$3.380M	$2.630M	$2.620M	$2.700M	$2.780M	$3.100M	$4.700M	$3.340M	$3.100M	$2.070M	$1.370M
YoY Change	16.75%	-14.52%	14.81%	14.89%	0.0%	0.0%	6.82%	2.33%	2.38%	7.69%	5.41%	-2.63%	11.76%	0.59%	28.52%	0.38%	-2.96%	-2.88%	-10.32%	-34.04%	40.72%	7.74%	49.76%	51.09%
% of Gross Profit
Operating Expenses	$10.66M	$10.74M	$10.57M	$9.197M	$7.590M	$6.382M	$6.372M
YoY Change	-0.74%	1.52%	14.97%	21.17%	18.93%	0.16%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$47.97M	$9.115M	$7.477M	$14.71M	$21.25M	$14.07M	$7.510M	$5.523M	$5.177M	$5.243M	$5.331M	$6.495M	$8.643M	$10.06M	$13.90M
YoY Change	426.26%	21.91%	-49.16%	-30.8%	51.06%	87.32%	35.98%	6.68%	-1.26%	-1.65%	-17.92%	-24.85%	-14.09%	-27.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Pretax Income	$51.25M	$56.15M	$55.76M	$41.63M	$44.58M	$37.70M	$35.62M	$27.91M	$24.26M	$22.24M	$20.48M	$18.72M	$16.11M	$15.71M	$11.16M	$7.900M	$14.90M	$17.30M	$13.20M	$11.80M	$12.70M	$8.700M	$6.600M	$4.700M	$5.600M
YoY Change	-8.73%	0.7%	33.94%	-6.62%	18.26%	5.83%	27.62%	15.04%	9.11%	8.57%	9.38%	16.26%	2.49%	40.76%	41.32%	-46.98%	-13.87%	31.06%	11.86%	-7.09%	45.98%	31.82%	40.43%	-16.07%
Income Tax	$13.19M	$13.43M	$13.59M	$10.17M	$10.38M	$8.816M	$16.23M	$9.161M	$8.114M	$7.585M	$6.951M	$6.348M	$5.161M	$5.074M	$3.218M	$2.300M	$5.000M	$5.300M	$4.800M	$4.300M	$5.700M	$2.400M	$1.700M	$1.100M	$1.500M
% Of Pretax Income	25.73%	23.92%	24.37%	24.44%	23.29%	23.39%	45.56%	32.82%	33.44%	34.11%	33.94%	33.9%	32.05%	32.29%	28.82%	29.11%	33.56%	30.64%	36.36%	36.44%	44.88%	27.59%	25.76%	23.4%	26.79%
Net Earnings	$38.06M	$42.72M	$42.17M	$31.46M	$34.20M	$28.88M	$19.39M	$18.75M	$16.15M	$14.65M	$13.53M	$12.38M	$10.94M	$10.64M	$7.900M	$5.500M	$9.900M	$12.00M	$8.400M	$7.500M	$6.900M	$6.300M	$4.900M	$3.600M	$4.100M
YoY Change	-10.9%	1.29%	34.06%	-8.02%	18.42%	48.92%	3.42%	16.12%	10.22%	8.29%	9.33%	13.08%	2.86%	34.68%	43.64%	-44.44%	-17.5%	42.86%	12.0%	8.7%	9.52%	28.57%	36.11%	-12.2%
Net Earnings / Revenue	18.93%	26.55%	28.3%	21.72%	24.94%	23.5%	18.46%	20.31%	19.35%	19.16%	19.02%	18.09%	16.34%	16.36%	12.67%
Basic Earnings Per Share	$3.11	$3.53	$3.51	$2.64	$2.90	$2.47	$1.68	$1.71	$1.56	$1.45	$1.37	$1.29	$1.16	$1.15	$0.96
Diluted Earnings Per Share	$3.11	$3.516M	$3.50	$2.64	$2.89	$2.46	$1.66	$1.70	$1.55	$1.44	$1.36	$1.28	$1.16	$1.15	$0.96	$687.5K	$1.253M	$1.538M	$1.091M	$986.8K	$932.4K	$875.0K	$690.1K	$537.3K	$611.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$69.75M	$69.15M	$69.00M	$65.10M	$64.50M	$37.60M	$37.00M	$33.50M	$30.60M	$30.40M	$29.90M	$27.20M	$27.30M	$24.90M	$22.90M	$21.70M	$19.30M	$16.00M	$11.50M	$11.90M	$12.40M	$13.10M	$12.10M	$10.90M	$7.700M
YoY Change	0.87%	0.22%	5.99%	0.93%	71.54%	1.62%	10.45%	9.48%	0.66%	1.67%	9.93%	-0.37%	9.64%	8.73%	5.53%	12.44%	20.63%	39.13%	-3.36%	-4.03%	-5.34%	8.26%	11.01%	41.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$49.17M	$51.98M	$19.60M	$11.30M	$8.700M	$11.70M	$10.80M	$17.00M	$14.10M	$12.90M	$13.90M	$12.50M	$12.40M	$11.00M	$10.30M	$9.300M	$7.700M	$6.900M	$6.200M	$4.100M	$3.500M	$2.000M	$2.000M	$2.200M	$4.100M
YoY Change	-5.42%	165.21%	73.45%	29.89%	-25.64%	8.33%	-36.47%	20.57%	9.3%	-7.19%	11.2%	0.81%	12.73%	6.8%	10.75%	20.78%	11.59%	11.29%	51.22%	17.14%	75.0%	0.0%	-9.09%	-46.34%
Total Long-Term Assets
YoY Change
Total Assets	$4.466B	$4.438B	$4.448B	$4.014B	$3.235B	$2.964B	$2.818B	$2.526B	$2.286B	$2.022B	$1.850B	$1.666B	$1.489B	$1.397B	$1.304B	$1.181B	$1.058B	$979.3M	$918.5M	$848.2M	$751.5M	$721.4M	$630.5M	$572.8M	$443.1M
YoY Change
Accounts Payable	$4.678M	$2.005M	$1.500M	$1.900M	$800.0K	$1.000M	$500.0K	$300.0K	$300.0K	$600.0K	$600.0K	$600.0K	$800.0K	$900.0K	$1.300M	$1.800M	$3.400M	$2.100M	$1.200M	$700.0K	$700.0K	$900.0K	$800.0K	$1.000M	$700.0K
YoY Change	133.32%	33.67%	-21.05%	137.5%	-20.0%	100.0%	66.67%	0.0%	-50.0%	0.0%	0.0%	-25.0%	-11.11%	-30.77%	-27.78%	-47.06%	61.9%	75.0%	71.43%	0.0%	-22.22%	12.5%	-20.0%	42.86%
Accrued Expenses	$69.45M	$55.86M	$54.70M	$48.20M	$39.80M	$27.90M	$40.10M	$16.80M	$18.30M	$16.40M	$14.70M	$13.20M	$12.50M	$9.300M	$14.30M	$7.500M	$6.200M	$6.600M	$4.600M	$2.600M	$3.000M	$4.400M	$4.200M	$3.800M	$1.900M
YoY Change	24.34%	2.12%	13.49%	21.11%	42.65%	-30.42%	138.69%	-8.2%	11.59%	11.56%	11.36%	5.6%	34.41%	-34.97%	90.67%	20.97%	-6.06%	43.48%	76.92%	-13.33%	-31.82%	4.76%	10.53%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt												$0.00	$0.00	$10.80M	$1.400M	$1.400M	$8.300M	$4.800M	$700.0K	$1.700M	$1.000M	$800.0K	$44.00M	$57.80M	$28.70M
YoY Change													-100.0%	671.43%	0.0%	-83.13%	72.92%	585.71%	-58.82%	70.0%	25.0%	-98.18%	-23.88%	101.39%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$74.13M	$57.86M	$56.20M	$50.10M	$40.60M	$28.90M	$40.60M	$17.10M	$18.60M	$17.00M	$15.30M	$13.80M	$13.30M	$10.20M	$15.70M	$9.300M	$9.600M	$8.800M	$5.800M	$3.400M	$3.700M	$5.300M	$5.000M	$4.800M	$2.600M
YoY Change	28.12%	2.96%	12.18%	23.4%	40.48%	-28.82%	137.43%	-8.06%	9.41%	11.11%	10.87%	3.76%	30.39%	-35.03%	68.82%	-3.13%	9.09%	51.72%	70.59%	-8.11%	-30.19%	6.0%	4.17%	84.62%
Long-Term Debt	$59.50M	$59.18M	$59.00M	$73.70M	$14.90M	$14.90M	$14.80M	$14.80M	$14.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.50M	$10.50M	$0.00
YoY Change	0.53%	0.31%	-19.95%	394.63%	0.0%	0.68%	0.0%	0.0%	37.04%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.86%	0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$59.50M	$59.18M	$59.00M	$73.70M	$14.90M	$14.90M	$14.80M	$14.80M	$14.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.80M	$10.50M	$10.50M	$0.00
YoY Change	0.53%	0.31%	-19.95%	394.63%	0.0%	0.68%	0.0%	0.0%	37.04%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.86%	0.0%
Total Liabilities	$4.137B	$4.156B	$4.101B	$3.680B	$2.938B	$2.709B	$2.586B	$2.312B	$2.105B	$1.855B	$1.699B	$1.526B	$1.362B	$1.281B	$1.196B	$1.089B	$970.7M	$902.2M	$850.6M	$786.5M	$696.8M	$671.4M	$587.8M	$536.7M	$415.6M
YoY Change	-0.46%	1.35%	11.44%	25.23%	8.46%	4.77%	11.87%	9.8%	13.47%	9.23%	11.3%	12.08%	6.33%	7.05%	9.81%	12.23%	7.59%	6.07%	8.15%	12.87%	3.78%	14.22%	9.52%	29.14%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	12.22M shares	12.10M shares	12.01M shares	11.90M shares	11.79M shares	11.68M shares	11.57M shares	10.97M shares	10.32M shares	10.12M shares	9.863M shares	9.587M shares	9.402M shares	9.217M shares	8.269M shares
Diluted Shares Outstanding	12.24M shares	12.15M shares	12.05M shares	11.92M shares	11.83M shares	11.75M shares	11.65M shares	11.04M shares	10.39M shares	10.21M shares	9.951M shares	9.661M shares	9.446M shares	9.221M shares	8.279M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $451.68 Million

About ENTERPRISE BANCORP INC /MA/

Enterprise Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Enterprise Bank. The company is headquartered in Lowell, Massachusetts and currently employs 570 full-time employees. The company went IPO on 2005-02-02. The firm is primarily engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities. The company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services. The Bank also offers various digital banking capabilities through online and mobile platforms. The company specializes in lending to business entities, non-profit organizations, professional practices, and individuals. Its lending products include commercial real estate, commercial and industrial, and commercial construction loans; residential loans; home equity loans and lines of credit; consumer loans; and credit risk and allowance for credit losses. Its commercial real estate loans include loans secured by both owner and non-owner-occupied real estate.

Industry: State Commercial Banks Peers: Carter Bankshares, Inc. CITIZENS & NORTHERN CORP FINANCIAL INSTITUTIONS INC HomeTrust Bancshares, Inc. John Marshall Bancorp, Inc. PNC FINANCIAL SERVICES GROUP, INC. Professional Holding Corp. RED RIVER BANCSHARES INC SOUTHERN BANCSHARES NC INC