Meridian Bancorp, Inc. (EBSB)

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) 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.

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.

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

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?

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 (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.

BOSTON, May 27, 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 July 1, 2021 to stockholders of record at the close of business on June 17, 2021.

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.

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.

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

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

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 (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.

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.

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