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Stock impact report

Enterprise Bancorp, Inc. Completes its 30th Year and Announces 2018 Net Income of $28.9 Million 

Enterprise Bancorp Inc (EBTC) 
US:NASDAQ Investor Relations: enterprisebanking.com
Company Research Source: GlobeNewswire
LOWELL, Mass., Jan. 24, 2019 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company" or "Enterprise") (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the year ended December 31, 2018 of $28.9 million, an increase of $9.5 million compared to the year ended December 31, 2017.  Diluted earnings per share were $2.46 for the year ended December 31, 2018, compared to $1.66 for the year ended December 31, 2017.  Net income for the three months ended December 31, 2018 amounted to $6.5 million, an increase of $3.8 million compared to the same three-month period in 2017.  Diluted earnings per share were $0.55 for the three months ended December 31, 2018, compared to $0.23 for the same three-month period in 2017. As previously announced on January 15, 2019, the Company declared a quarterly dividend of $0.16 per share to be paid on March 4, 2019 to shareholders of record as of February 11, 2019. Chief Executive Officer Jack Clancy commented, "The increase in our fourth Show less Read more
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