Daily Stock Analysis, EBSB, Meridian Bancorp Inc, priceseries

Meridian Bancorp Inc. Daily Stock Analysis
Stock Information
Open
19.97
Close
19.85
High
20.01
Low
19.79
Previous Close
20.02
Daily Price Gain
-0.17
YTD High
20.18
YTD High Date
Nov 11, 2019
YTD Low
13.98
YTD Low Date
Jan 2, 2019
YTD Price Change
5.53
YTD Gain
38.66%
52 Week High
20.18
52 Week High Date
Nov 11, 2019
52 Week Low
13.51
52 Week Low Date
Dec 26, 2018
52 Week Price Change
4.40
52 Week Gain
28.49%
Company Information
Stock Symbol
EBSB
Exchange
NasdaqGS
Company URL
http://http://www.ebsb.com
Company Phone
(617) 567-1500
CEO
Richard J. Gavegnano
Headquarters
Massachusetts
Business Address
10 MERIDIAN STREET, EAST BOSTON, MA 02128
Sector
Equity
Industry Category
Banking
Industry Group
Savings & Loans
CIK
0001600125
About

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.

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, such as non-interest-bearing demand deposits comprising checking accounts; interest-bearing demand accounts, including NOW and money market accounts; savings accounts; and certificates of deposits, as well as commercial checking accounts. Its loan portfolio consists of 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, including 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 passbook or certificate accounts, credit builder, and annuity and overdraft loans. In addition, it provides non-deposit financial products comprising mutual funds, annuities, stocks, and bonds through a third-party broker-dealer; and long-term care insurance products. Further, the company is involved in securities transactions business; and holding foreclosed real estate properties. As of December 31, 2016, it operated through a network of 31 full service offices, mobile branch, and 3 loan centers. The company was founded in 1848 and is based in Peabody, Massachusetts.