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Enterprise Bancorp, Inc. Announces 2020 Financial Results
Enterprise Bancorp IncJanuary 28, 2021 GMT
LOWELL, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the year ended December 31, 2020 of $31.5 million, or $2.64 per diluted share, compared to $34.2 million, or $2.89 per diluted share, for the year ended December 31, 2019. Net income for the three months ended December 31, 2020 amounted to $9.9 million, or $0.82 per diluted share, compared to $8.7 million, or $0.74 per diluted share, for the three months ended December 31, 2019.
As previously announced on January 19, 2021, the Company declared a quarterly dividend of $0.185 per share to be paid on March 1, 2021 to shareholders of record as of February 8, 2021.