Enterprise Bancorp: 3Q Earnings Snapshot
Enterprise Bancorp: 3Q Earnings Snapshot
LOWELL, Mass. (AP) _ Enterprise Bancorp Inc. (EBTC) on Thursday reported third-quarter earnings of $8 million.
The bank, based in Lowell, Massachusetts, said it had earnings of 68 cents per share.
The bank posted revenue of $35.1 million in the period. Its revenue net of interest expense was $31.1 million, surpassing Street forecasts.
Enterprise Bancorp shares have fallen 7 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.64, a drop of 15 percent in the last 12 months.
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