Enterprise Bancorp Inc

NASDAQ:EBTC

Enterprise Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Enterprise Bank. The company is headquartered in Boston, Massachusetts and currently employs 536 full-time employees. The company went IPO on 2005-02-02. The firm principally is engaged in the business of gathering deposits from the general public and investing primarily in commercial loans and investment securities and utilizing the resulting cash flows to conduct operations, expand service and product offerings, expand the branch network, and pay dividends to shareholders. The firm offers a range of commercial, residential and consumer loan products, deposit products and cash management services, commercial insurance services, as well as wealth management and wealth services. The Bank also offers various electronic banking capabilities via online and mobile. Its lending products include commercial real estate, commercial and industrial, and commercial construction loans; residential loans; home equity loans and lines of credit; consumer loans; and credit risk and allowance for credit losses.