EBSB: Meridian Bancorp, Inc. - Summary | Jitta

Meridian Bancorp, Inc.

NASDAQ:EBSB

Price
$23.10
Loss Chance
42.1%
7.69JITTA SCORE
27.19%Under Jitta Line
Jitta Ranking
197 / 747
415 / 4,703
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (61)
Recent Business Performance (82)
Financial Strength (91)
Return to Shareholders (68)
Competitive Advantage (67)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Operating MarginConsistent
Dividend PayoutIncreasing Every Year
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Recent Business PerformanceEarning decline 4.64% in the last year
Loan to DepositVery Aggressive
Key Stats
Jitta Score
Jitta Line
7.69
27.19%
5.58
> 1,000%
Thrifts and Mortgage Finance
7.40
50.56%
7.16
40.13%
7.28
65.36%
COMPANY DESCRIPTION
Meridian Bancorp, Inc. operates as the holding company for East Boston Savings Bank that provides various financial products and services for individuals and businesses primarily in Suffolk, Norfolk, Middlesex, and Essex Counties, Massachusetts. The company accepts various deposit products, including non-interest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts, including NOW and money market accounts; savings accounts; and certificates of deposit, as well as commercial checking accounts. Its loan portfolio includes commercial real estate loans, which are secured by properties used for business purposes, such as office buildings, industrial facilities, and retail facilities; one- to four-family residential loans, such as mortgage loans that enable borrowers to purchase or refinance existing homes; multi-family real estate loans; construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans, including automobile loans, loans secured by savings or certificate accounts, credit builders, and annuity and overdraft loans. The company also engages in the securities transactions business. The company operates 42 full-service locations, one mobile branch, and three loan centers. Meridian Bancorp, Inc. was founded in 1848 and is headquartered in Peabody, Massachusetts.