Meridian Interstate Bancorp (EBSB) 10.64 $EBSB
Meridian Bancorp, Inc. Announces Closing of Stock Offering and Completion of Conversion Transaction
GlobeNewswire - Mon Jul 28, 4:30PM CDT
Meridian Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), announced today that it has completed the "second step" conversion of Meridian Financial Services, Incorporated (the "MHC" and the Company's related stock offering, effective as of the close of business today. As a result of the closing of the conversion and offering, the Company is now the holding company for East Boston Savings Bank (the "Bank" . The MHC and the Bank's former mid-tier holding company, named Meridian Interstate Bancorp, Inc., have ceased to exist. The results of the stock offering were previously reported in a press release dated July 24, 2014.
Meridian Interstate Bancorp, Inc. Announces Stock Offering Results and Expected Closing Date
GlobeNewswire - Thu Jul 24, 3:18PM CDT
Meridian Interstate Bancorp, Inc. (the "Company" (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today the results of the stock offering of Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank. The closing of the offering and the conversion from the mutual holding company to stock holding company form of organization is expected to occur on July 28, 2014.
Meridian Interstate Bancorp, Inc. Reports Net Income for the Second Quarter and Six Months Ended June 30, 2014
GlobeNewswire - Tue Jul 22, 3:11PM CDT
Meridian Interstate Bancorp, Inc. (the "Company" or "Meridian" (Nasdaq:EBSB), the holding company for East Boston Savings Bank (the "Bank" , which also operates under the name Mt. Washington Bank, a Division of East Boston Savings Bank ("Mt. Washington" , announced net income of $5.5 million, or $0.25 per diluted share, for the quarter ended June 30, 2014 compared to $3.0 million, or $0.14 per diluted share, for the quarter ended June 30, 2013. For the six months ended June 30, 2014, net income was $10.3 million, or $0.47 per diluted share compared to $6.1 million, or $0.28 per diluted share, for the six months ended June 30, 2013. The Company's return on average assets was 0.78% for the quarter ended June 30, 2014 compared to 0.50% for the quarter ended June 30, 2013. For the six months ended June 30, 2014, the Company's return on average assets was 0.74% compared to 0.51% for the six months ended June 30, 2013. The Company's return on average equity was 8.52% for the quarter ended June 30, 2014 compared to 5.03% for the quarter ended June 30, 2013. For the six months ended June 30, 2014, the Company's return on average equity was 8.06% compared to 5.12% for the six months ended June 30, 2013. Total assets increased $373.8 million, or 13.9%, to $3.056 billion at June 30, 2014 from $2.682 billion at December 31, 2013, reflecting cash proceeds of $206.9 million from stock subscription deposits received in connection with the Company's second step conversion during the second quarter of 2014.
Upgrade Alert for Meridian Interstate Bancorp (EBSB)
Comtex SmarTrend(R) - Tue Jul 15, 7:01AM CDT
Meridian Interstate Bancorp (NASDAQ:EBSB) was upgraded from Neutral to Buy at Compass Point today. The stock closed yesterday at $25.29 on volume of 50,000 shares, above average daily volume of 30,000. Meridian Interstate Bancorp, Inc. is the holding company for East Boston Savings Bank.
Meridian Bancorp, Inc. Completes Syndicated Community Offering
GlobeNewswire - Mon Jul 14, 5:00AM CDT
Meridian Interstate Bancorp, Inc. (the "Company" (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank, has completed the syndicated community offering portion of the stock offering it is conducting in connection with the Company's previously announced plans to become a fully public company.
Meridian Bancorp, Inc. Commences Syndicated Community Offering and Announces Preliminary Results of Subscription and Community Offering
GlobeNewswire - Mon Jul 07, 3:15PM CDT
Meridian Interstate Bancorp, Inc. (the "Company" (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank, is commencing on July 7, 2014, the syndicated community offering portion of the stock offering it is conducting in connection with the Company's previously announced plans to become a fully public company.
Meridian Bancorp, Inc. to Increase Purchase Limitations
GlobeNewswire - Tue Jun 24, 3:30PM CDT
Meridian Interstate Bancorp, Inc. (the "Company" (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that it has increased the maximum purchase limitations for persons who subscribed for stock in the subscription offering being conducted by Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank.
Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Jun 16, 6:09AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, June 23, 2014.
Meridian Bancorp, Inc. to Commence Community Offering
GlobeNewswire - Tue Jun 10, 4:59AM CDT
Meridian Interstate Bancorp, Inc. (the "Company" (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank, is commencing its community offering as part of the stock offering it is conducting in connection with the Company's previously announced plans to become a fully public company.
Balanced View on Sallie Mae - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 01, 4:45PM CDT
We believe that its leading position in the student lending market, diversifying efforts and increasing private student loan originations will help it to navigate well through the current sluggish growth cycle.
Hudson City Shows Stability in Fundamentals - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 31, 10:10AM CDT
On Mar 26, 2014, we issued an updated research report on New Jersey based Savings & Loan institution Hudson City Bancorp, Inc
Washington Federal Continues with Inorganic Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 9:00AM CDT
On March 24, 2014, we issued an updated research report on Washington Federal. The company has been growing and enhancing its market share inorganically.
Uptrend Call Working As Meridian Interstate Bancorp Stock Rises 14.9% (EBSB)
Comtex SmarTrend(R) - Fri Mar 21, 11:14AM CDT
SmarTrend identified an Uptrend for Meridian Interstate Bancorp (NASDAQ:EBSB) on January 21st, 2014 at $23.68. In approximately 2 months, Meridian Interstate Bancorp has returned 14.89% as of today's recent price of $27.20.
HopFed Shares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 14, 2:20PM CDT
Riding on a steady growth momentum, shares of HopFed Bancorp Inc. reached a 52-week high of $11.75 on Mar 13.
Meridian Interstate Bancorp Up 14.9% Since SmarTrend Uptrend Call (EBSB)
Comtex SmarTrend(R) - Fri Mar 14, 9:53AM CDT
SmarTrend identified an Uptrend for Meridian Interstate Bancorp (NASDAQ:EBSB) on January 21st, 2014 at $23.67. In approximately 2 months, Meridian Interstate Bancorp has returned 14.89% as of today's recent price of $27.20.
Book Profits With These 11 Community Banks
at The Street - Thu Mar 13, 1:50PM CDT
Investors should avoid Eagle Bancorp, Home Bancshares, Investors Bancorp, Bank of the Ozarks and Signature Bank .
Can The Uptrend Continue for Meridian Interstate Bancorp (EBSB)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 9:46AM CDT
Can The Uptrend Continue for Meridian Interstate Bancorp (EBSB)?
Meridian Interstate Bancorp Has Returned 17.2% Since SmarTrend Recommendation (EBSB)
Comtex SmarTrend(R) - Fri Mar 07, 9:25AM CST
SmarTrend identified an Uptrend for Meridian Interstate Bancorp (NASDAQ:EBSB) on January 21st, 2014 at $23.68. In approximately 2 month, Meridian Interstate Bancorp has returned 17.21% as of today's recent price of $27.75.
Meridian Interstate Bancorp, Inc. Announces Adoption of Plan of Conversion for Second-Step Stock Offering
GlobeNewswire - Wed Mar 05, 4:45PM CST
Meridian Interstate Bancorp, Inc. (the "Company" (Nasdaq:EBSB), the holding company for East Boston Savings Bank (the "Bank" , announced today that its Board of Directors, together with the Board of Trustees of Meridian Financial Services, Incorporated (the "MHC" and the Board of Directors of the Bank, have adopted a Plan of Conversion pursuant to which the Company will reorganize into a new stock holding company and will conduct a second-step stock offering of new shares of common stock.
Weakness Seen in Pulaski Financial (PULB) Estimates: Should You Stay Away? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 7:58AM CST
Pulaski Financial has seen negative earnings estimate revisions for the current quarter along with a significant decline in its share price for the past month.
Meridian Bancorp, Inc. Announces Closing of Stock Offering and Completion of Conversion Transaction
GlobeNewswire - Mon Jul 28, 4:30PM CDT
Meridian Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), announced today that it has completed the "second step" conversion of Meridian Financial Services, Incorporated (the "MHC" and the Company's related stock offering, effective as of the close of business today. As a result of the closing of the conversion and offering, the Company is now the holding company for East Boston Savings Bank (the "Bank" . The MHC and the Bank's former mid-tier holding company, named Meridian Interstate Bancorp, Inc., have ceased to exist. The results of the stock offering were previously reported in a press release dated July 24, 2014. Meridian Interstate Bancorp, Inc. Announces Stock Offering Results and Expected Closing Date
GlobeNewswire - Thu Jul 24, 3:18PM CDT
Meridian Interstate Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today the results of the stock offering of Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank. The closing of the offering and the conversion from the mutual holding company to stock holding company form of organization is expected to occur on July 28, 2014. Meridian Interstate Bancorp, Inc. Reports Net Income for the Second Quarter and Six Months Ended June 30, 2014
GlobeNewswire - Tue Jul 22, 3:11PM CDT
Meridian Interstate Bancorp, Inc. (the "Company" or "Meridian"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank (the "Bank" , which also operates under the name Mt. Washington Bank, a Division of East Boston Savings Bank ("Mt. Washington" , announced net income of $5.5 million, or $0.25 per diluted share, for the quarter ended June 30, 2014 compared to $3.0 million, or $0.14 per diluted share, for the quarter ended June 30, 2013. For the six months ended June 30, 2014, net income was $10.3 million, or $0.47 per diluted share compared to $6.1 million, or $0.28 per diluted share, for the six months ended June 30, 2013. The Company's return on average assets was 0.78% for the quarter ended June 30, 2014 compared to 0.50% for the quarter ended June 30, 2013. For the six months ended June 30, 2014, the Company's return on average assets was 0.74% compared to 0.51% for the six months ended June 30, 2013. The Company's return on average equity was 8.52% for the quarter ended June 30, 2014 compared to 5.03% for the quarter ended June 30, 2013. For the six months ended June 30, 2014, the Company's return on average equity was 8.06% compared to 5.12% for the six months ended June 30, 2013. Total assets increased $373.8 million, or 13.9%, to $3.056 billion at June 30, 2014 from $2.682 billion at December 31, 2013, reflecting cash proceeds of $206.9 million from stock subscription deposits received in connection with the Company's second step conversion during the second quarter of 2014. Upgrade Alert for Meridian Interstate Bancorp (EBSB)
Comtex SmarTrend(R) - Tue Jul 15, 7:01AM CDT
Meridian Interstate Bancorp (NASDAQ:EBSB) was upgraded from Neutral to Buy at Compass Point today. The stock closed yesterday at $25.29 on volume of 50,000 shares, above average daily volume of 30,000. Meridian Interstate Bancorp, Inc. is the holding company for East Boston Savings Bank.
Meridian Bancorp, Inc. Completes Syndicated Community Offering
GlobeNewswire - Mon Jul 14, 5:00AM CDT
Meridian Interstate Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank, has completed the syndicated community offering portion of the stock offering it is conducting in connection with the Company's previously announced plans to become a fully public company. Meridian Bancorp, Inc. Commences Syndicated Community Offering and Announces Preliminary Results of Subscription and Community Offering
GlobeNewswire - Mon Jul 07, 3:15PM CDT
Meridian Interstate Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank, is commencing on July 7, 2014, the syndicated community offering portion of the stock offering it is conducting in connection with the Company's previously announced plans to become a fully public company. Meridian Bancorp, Inc. to Increase Purchase Limitations
GlobeNewswire - Tue Jun 24, 3:30PM CDT
Meridian Interstate Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that it has increased the maximum purchase limitations for persons who subscribed for stock in the subscription offering being conducted by Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank. Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Jun 16, 6:09AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, June 23, 2014.
Meridian Bancorp, Inc. to Commence Community Offering
GlobeNewswire - Tue Jun 10, 4:59AM CDT
Meridian Interstate Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today that Meridian Bancorp, Inc., a newly formed corporation ("New Meridian" that is the proposed successor holding company for East Boston Savings Bank, is commencing its community offering as part of the stock offering it is conducting in connection with the Company's previously announced plans to become a fully public company. Balanced View on Sallie Mae - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 01, 4:45PM CDT
We believe that its leading position in the student lending market, diversifying efforts and increasing private student loan originations will help it to navigate well through the current sluggish growth cycle.
Hudson City Shows Stability in Fundamentals - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 31, 10:10AM CDT
On Mar 26, 2014, we issued an updated research report on New Jersey based Savings & Loan institution Hudson City Bancorp, Inc
Washington Federal Continues with Inorganic Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 9:00AM CDT
On March 24, 2014, we issued an updated research report on Washington Federal. The company has been growing and enhancing its market share inorganically.
Uptrend Call Working As Meridian Interstate Bancorp Stock Rises 14.9% (EBSB)
Comtex SmarTrend(R) - Fri Mar 21, 11:14AM CDT
SmarTrend identified an Uptrend for Meridian Interstate Bancorp (NASDAQ:EBSB) on January 21st, 2014 at $23.68. In approximately 2 months, Meridian Interstate Bancorp has returned 14.89% as of today's recent price of $27.20.
HopFed Shares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 14, 2:20PM CDT
Riding on a steady growth momentum, shares of HopFed Bancorp Inc. reached a 52-week high of $11.75 on Mar 13.
Meridian Interstate Bancorp Up 14.9% Since SmarTrend Uptrend Call (EBSB)
Comtex SmarTrend(R) - Fri Mar 14, 9:53AM CDT
SmarTrend identified an Uptrend for Meridian Interstate Bancorp (NASDAQ:EBSB) on January 21st, 2014 at $23.67. In approximately 2 months, Meridian Interstate Bancorp has returned 14.89% as of today's recent price of $27.20.
Book Profits With These 11 Community Banks
at The Street - Thu Mar 13, 1:50PM CDT
Investors should avoid Eagle Bancorp, Home Bancshares, Investors Bancorp, Bank of the Ozarks and Signature Bank .
Can The Uptrend Continue for Meridian Interstate Bancorp (EBSB)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 9:46AM CDT
Can The Uptrend Continue for Meridian Interstate Bancorp (EBSB)?
Meridian Interstate Bancorp Has Returned 17.2% Since SmarTrend Recommendation (EBSB)
Comtex SmarTrend(R) - Fri Mar 07, 9:25AM CST
SmarTrend identified an Uptrend for Meridian Interstate Bancorp (NASDAQ:EBSB) on January 21st, 2014 at $23.68. In approximately 2 month, Meridian Interstate Bancorp has returned 17.21% as of today's recent price of $27.75.
Meridian Interstate Bancorp, Inc. Announces Adoption of Plan of Conversion for Second-Step Stock Offering
GlobeNewswire - Wed Mar 05, 4:45PM CST
Meridian Interstate Bancorp, Inc. (the "Company"
(Nasdaq:EBSB), the holding company for East Boston Savings Bank (the "Bank" , announced today that its Board of Directors, together with the Board of Trustees of Meridian Financial Services, Incorporated (the "MHC" and the Board of Directors of the Bank, have adopted a Plan of Conversion pursuant to which the Company will reorganize into a new stock holding company and will conduct a second-step stock offering of new shares of common stock. Weakness Seen in Pulaski Financial (PULB) Estimates: Should You Stay Away? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 7:58AM CST
Pulaski Financial has seen negative earnings estimate revisions for the current quarter along with a significant decline in its share price for the past month.
