Enterprise Bancorp: 3Q Earnings Snapshot – mySanAntonio.com


LOWELL, Mass. (AP) _ Enterprise Bancorp Inc. (EBTC) on Thursday reported third-quarter earnings of $9 million.

The bank, based in Lowell, Massachusetts, said it had earnings of 76 cents per share.

The bank posted revenue of $39 million in the period. Its revenue net of interest expense was $33.6 million, beating Street forecasts.

Enterprise Bancorp shares have fallen roughly 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.99, a decrease of slightly more than 5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EBTC at https://www.zacks.com/ap/EBTC


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