Enterprise Bancorp: A Great Stock For Lower Interest Rates [Seeking Alpha]
Enterprise Bancorp Inc (EBTC)
US:NASDAQ Investor Relations:
enterprisebanking.com
Company Research
Source: Seeking Alpha
The bank has a resilient business model and has remained profitable for 137 consecutive quarters. The decrease in interest rates and the market shifting its focus on the bank's fundamentals are likely to benefit EBTC in the future. About three years ago, I recommended purchasing Enterprise Bancorp ( NASDAQ: EBTC ) for its high-quality business model and its cheap valuation. Since then, I have maintained my bullish view of the stock. In my most recent article , four months ago, I reiterated my bullish thesis based on the rock-solid business model of the bank and its 10-year low valuation level. In the two months that followed that article, the stock rallied 25%, an impressive performance for such a short period. The rally was fueled primarily by the decrease in inflation and the resultant expectations that the Fed would drastically reduce interest rates over the next three years. However, the stock of Enterprise Bancorp pared some gains later. Even worse, on January 31st, New Yo
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EBTC
News
- Enterprise Bancorp First Quarter 2024 Earnings: EPS: US$0.69 (vs US$0.89 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Enterprise Bancorp (NASDAQ:EBTC) Is Paying Out A Dividend Of $0.24 [Yahoo! Finance]Yahoo! Finance
- Enterprise Bancorp, Inc. Announces First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Enterprise Bancorp, Inc. Announces First Quarter Financial ResultsGlobeNewswire
- Enterprise Bancorp, Inc. Announces Quarterly DividendGlobeNewswire
EBTC
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- EBTC's page on the SEC website