Enterprise Bancorp Inc. (Nasdaq:EBTC) is a bank holding company that operates through its subsidiary, Enterprise Bank and Trust Company, providing banking services to small and medium-sized businesses and individuals in Massachusetts and Southern New Hampshire. With a focus on personalized customer service and local market expertise, it offers customized financial solutions to meet the unique needs of its clients. The company has USD 4.5 billion in assets and 27 branch locations.
Comps: MidWestOne Financial Group, Inc. (Nasdaq:MOFG), First Community Bankshares, Inc. (Nasdaq:FCBC)
Enterprise Bancorp stands out among its peers with a solid return on equity, which indicates that it is generating strong profits relative to the amount of shareholder equity. Its earnings per share are also impressive, and the stock price is in line with its strong earnings. Additionally, Enterprise Bancorp’s revenue and net income are more favorable than those of First Community Bankshares. Overall, these factors make Enterprise Bancorp an attractive investment option for those looking to invest in a strong and reliable financial institution.