Enterprise Bancorp, Inc.
Company Overview
Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company. It offers checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans. As of January 27, 2022, it had 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica, Chelmsford, Lowell, Lawrence, Leominster, Lexington, and Methuen.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $44.16m | $22.12m | $38.02m | $22.12m | 86.10% | 100.00% |
| June 30, 2024 | $41.79m | $20.7m | $36.16m | $20.7m | 86.53% | 100.00% |
| March 31, 2024 | $40.69m | $18.83m | $35.19m | $18.83m | 86.49% | 100.00% |
Company Impact
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