Enterprise Bancorp INC /MA/

Market Movers (8-K)

Enterprise Bancorp, Inc. has successfully completed its merger with Independent Bank Corp., resulting in Enterprise's delisting from Nasdaq and its integration into Independent.
Enterprise Bancorp, Inc. and Independent Bank Corp. announced today that they have received all necessary regulatory approvals for their previously announced merger, with the transaction expected to close on July 1, 2025.
Enterprise Bancorp successfully held its 2025 annual meeting, electing directors, approving executive compensation, and ratifying its independent auditor.
Enterprise Bancorp, Inc. reports net income of $10.4 million for Q1 2025, while merger plans with Rockland Trust advance towards expected closing in the second half of the year.
Enterprise Bancorp, Inc. announces a quarterly dividend of $0.25 per share, payable on June 2, 2025, to shareholders of record as of May 12, 2025.
Enterprise Bancorp shareholders voted to approve the merger agreement with Independent Bank Corp. at a special meeting held on April 3, 2025.

Quarterly Earnings (10-Q)

Enterprise Bancorp announces increased net income for Q1 2025, driven by net interest income growth, while awaiting regulatory approval for its merger with Independent Bank Corp.
Better than expected
Enterprise Bancorp's Q3 2024 earnings saw a slight increase year-over-year, driven by non-interest income, but net interest income declined due to rising funding costs.
Worse than expected
Enterprise Bancorp's second quarter saw a slight decrease in net income despite loan and deposit growth, influenced by rising interest rates and shifts in deposit mix.
Worse than expected
Enterprise Bancorp's first quarter net income decreased to $8.5 million, primarily due to a reduction in net interest income, despite growth in loans and deposits.
Worse than expected

Annual Reports (10-K)

Enterprise Bancorp reveals plans to merge with Independent Bank Corp in its annual 10-K filing, projecting completion in the second half of 2025.
Enterprise Bancorp, Inc.'s 10-K filing reveals a year of solid loan growth, a strong capital position, and a focus on long-term organic growth.
Worse than expected

Insider Trading (Form 4)

An executive at Enterprise Bancorp, Chester J. Szablak, Jr., has reported the complete disposition of his common stock and stock options in Enterprise Bancorp, Inc. effective July 1, 2025, as a direct result of the company's merger with Independent Bank Corp.
Richard W. Main, President and Director of Enterprise Bancorp, reported the complete disposition of his common stock and stock options in Enterprise Bancorp effective July 1, 2025, as a direct result of the company's merger with Independent Bank Corp.
An executive at Enterprise Bancorp, David Lynch, has completed the conversion of his shares into cash and Independent Bank Corp. stock following the merger agreement.
Joseph R. Lussier, EVP & CFO of Enterprise Bancorp, Inc., has reported the complete disposition of his beneficial ownership in the company's common stock and derivative securities, effective July 1, 2025, as a direct result of Enterprise Bancorp's merger with Independent Bank Corp.
Steven R. Larochelle, CEO of Enterprise Bancorp, Inc., converted all his common stock and stock options into cash and Independent Bank Corp. shares as part of the merger agreement effective July 1, 2025.
An executive at Enterprise Bancorp, Inc. has converted all her common stock and derivative securities into cash and shares of Independent Bank Corp. as a result of the previously announced merger.

Proxy Statements (Def-14A)

Enterprise Bancorp, Inc. will hold its 2025 Annual Meeting of Shareholders on May 6, 2025, via remote communication, to vote on director elections, executive compensation, and the ratification of the company's auditor.
Independent Bank Corp announces its acquisition of Enterprise Bancorp in a stock and cash transaction valued at approximately $562.2 million, aimed at expanding its footprint and enhancing its core deposit franchise.
Capital raise
Enterprise Bancorp, Inc. will hold its 2024 Annual Meeting of Shareholders on May 7, 2024, to elect directors, conduct a say-on-pay vote, and ratify the appointment of its independent accounting firm.

Institutional Holdings (13F)

Enterprise Bancorp Inc. has filed a Form 13F-NT, indicating that its institutional investment holdings for the quarter ended June 30, 2025, are reported by its subsidiary, Enterprise Bank & Trust Co.
Enterprise Bancorp Inc. reports no holdings for the quarter ended March 31, 2025, in its Form 13F filing.
Enterprise Bancorp Inc. has filed a 13F notice indicating that it held no reportable securities for the quarter ending December 31, 2024, with all holdings reported by other managers.
Enterprise Bancorp Inc /MA/ reports no holdings for the quarter ending September 30, 2024, in its 13F filing.
Enterprise Bancorp Inc. reports no holdings for the quarter ending June 30, 2024, according to its latest Form 13F-NT filing.
Enterprise Bancorp Inc. reports no holdings for the quarter ended March 31, 2024, in its Form 13F filing.

Schedule 13G - Passive Investments

BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 5.8% of Enterprise Bancorp Inc.'s common stock as of March 31, 2025.