Meridian Bancorp Inc. (EBSB) Hits New 1-Year High at $15.77
Meridian Bancorp Inc. (NASDAQ:EBSB)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $15.77 and last traded at $15.62, with a volume of 388,545 shares changing hands. The stock had previously closed at $15.47.
The stock’s 50-day moving average is $15.23 and its 200-day moving average is $14.60. The stock has a market cap of $797.03 million and a price-to-earnings ratio of 31.88.
Meridian Bancorp (NASDAQ:EBSB) last posted its earnings results on Tuesday, July 26th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.03. Equities research analysts expect that Meridian Bancorp Inc. will post $0.56 EPS for the current year.
Meridian Bancorp Inc, formerly Meridian Interstate Bancorp, Inc, is a mid-tier stock holding company of East Boston Savings Bank (the Bank). The Bank is a state-chartered stock savings bank that operates from 24 full-service locations and two loan centers in the Boston metropolitan area. East Boston Savings Bank operates eight of its full-service locations and a loan center under the name Mt.
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