Enterprise Bancorp Inc
Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that provides community focused commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposits. The company also provides commer… Read more
Enterprise Bancorp Inc (EBTC) - Net Assets
Latest net assets as of March 2025: $385.36 Million USD
Based on the latest financial reports, Enterprise Bancorp Inc (EBTC) has net assets worth $385.36 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.90 Billion) and total liabilities ($4.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $385.36 Million |
| % of Total Assets | 7.86% |
| Annual Growth Rate | 10.76% |
| 5-Year Change | 7.87% |
| 10-Year Change | 100.05% |
| Growth Volatility | 8.13 |
Enterprise Bancorp Inc - Net Assets Trend (1996–2024)
This chart illustrates how Enterprise Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enterprise Bancorp Inc (1996–2024)
The table below shows the annual net assets of Enterprise Bancorp Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $360.75 Million | +9.61% |
| 2023-12-31 | $329.12 Million | +16.60% |
| 2022-12-31 | $282.27 Million | -18.63% |
| 2021-12-31 | $346.89 Million | +3.73% |
| 2020-12-31 | $334.43 Million | +12.74% |
| 2019-12-31 | $296.64 Million | +16.19% |
| 2018-12-31 | $255.30 Million | +10.13% |
| 2017-12-31 | $231.81 Million | +7.93% |
| 2016-12-31 | $214.79 Million | +19.11% |
| 2015-12-31 | $180.33 Million | +8.01% |
| 2014-12-31 | $166.95 Million | +10.32% |
| 2013-12-31 | $151.33 Million | +8.45% |
| 2012-12-31 | $139.55 Million | +9.49% |
| 2011-12-31 | $127.45 Million | +9.24% |
| 2010-12-31 | $116.67 Million | +8.37% |
| 2009-12-31 | $107.66 Million | +18.18% |
| 2008-12-31 | $91.10 Million | +4.70% |
| 2007-12-31 | $87.01 Million | +12.94% |
| 2006-12-31 | $77.04 Million | +13.58% |
| 2005-12-31 | $67.83 Million | +9.96% |
| 2004-12-31 | $61.68 Million | +12.66% |
| 2003-12-31 | $54.75 Million | +9.33% |
| 2002-12-31 | $50.08 Million | +17.23% |
| 2001-12-31 | $42.72 Million | +18.16% |
| 2000-12-31 | $36.16 Million | +31.65% |
| 1999-12-31 | $27.46 Million | +0.97% |
| 1998-12-31 | $27.20 Million | +14.06% |
| 1997-12-31 | $23.84 Million | +15.49% |
| 1996-12-31 | $20.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enterprise Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6136.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $328.24 Million | 90.99% |
| Common Stock | $124.00K | 0.03% |
| Other Comprehensive Income | $-78.91 Million | -21.88% |
| Other Components | $111.30 Million | 30.85% |
| Total Equity | $360.75 Million | 100.00% |
Enterprise Bancorp Inc Competitors by Market Cap
The table below lists competitors of Enterprise Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NanJing GOVA Technology Co. Ltd. A
SHG:688539
|
$381.32 Million |
|
DL Holdings CO. LTD.
KO:000210
|
$381.57 Million |
|
KPI Green Energy Limited
NSE:KPIGREEN
|
$381.57 Million |
|
Anton Oilfield Services Group
PINK:ATONY
|
$381.63 Million |
|
HINGHAM INSTN SVGS DL 1
F:HS3
|
$381.19 Million |
|
Dongyue Group Limited
OTCGREY:DNGYF
|
$381.08 Million |
|
China West Construction Group Co Ltd
SHE:002302
|
$381.07 Million |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
$381.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enterprise Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 329,117,000 to 360,748,000, a change of 31,631,000 (9.6%).
- Net income of 38,733,000 contributed positively to equity growth.
- Dividend payments of 10,277,000 reduced retained earnings.
- New share issuances of 37,000 increased equity.
- Other comprehensive income increased equity by 849,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $38.73 Million | +10.74% |
| Dividends Paid | $10.28 Million | -2.85% |
| Share Issuances | $37.00K | +0.01% |
| Other Comprehensive Income | $849.00K | +0.24% |
| Other Changes | $2.29 Million | +0.63% |
| Total Change | $- | 9.61% |
Book Value vs Market Value Analysis
This analysis compares Enterprise Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.51x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $6.09 | $39.64 | x |
| 1997-12-31 | $6.88 | $39.64 | x |
| 1998-12-31 | $3.83 | $39.64 | x |
| 1999-12-31 | $3.83 | $39.64 | x |
| 2000-12-31 | $4.99 | $39.64 | x |
| 2001-12-31 | $5.63 | $39.64 | x |
| 2002-12-31 | $6.51 | $39.64 | x |
| 2003-12-31 | $6.86 | $39.64 | x |
| 2004-12-31 | $7.54 | $39.64 | x |
| 2005-12-31 | $8.14 | $39.64 | x |
| 2006-12-31 | $9.16 | $39.64 | x |
| 2007-12-31 | $10.23 | $39.64 | x |
| 2008-12-31 | $10.59 | $39.64 | x |
| 2009-12-31 | $12.10 | $39.64 | x |
| 2010-12-31 | $11.77 | $39.64 | x |
| 2011-12-31 | $12.55 | $39.64 | x |
| 2012-12-31 | $13.44 | $39.64 | x |
| 2013-12-31 | $14.15 | $39.64 | x |
| 2014-12-31 | $15.21 | $39.64 | x |
| 2015-12-31 | $16.14 | $39.64 | x |
| 2016-12-31 | $19.46 | $39.64 | x |
| 2017-12-31 | $19.89 | $39.64 | x |
| 2018-12-31 | $21.73 | $39.64 | x |
| 2019-12-31 | $25.08 | $39.64 | x |
| 2020-12-31 | $28.06 | $39.64 | x |
| 2021-12-31 | $28.79 | $39.64 | x |
| 2022-12-31 | $23.23 | $39.64 | x |
| 2023-12-31 | $26.88 | $39.64 | x |
| 2024-12-31 | $29.10 | $39.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enterprise Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.30%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 13.38x
- Recent ROE (10.74%) is below the historical average (10.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 11.68% | 24.37% | 0.03x | 13.71x | $346.90K |
| 1997 | 12.21% | 24.82% | 0.04x | 13.53x | $527.50K |
| 1998 | 12.87% | 25.11% | 0.04x | 13.25x | $781.20K |
| 1999 | 14.87% | 28.63% | 0.03x | 16.13x | $1.34 Million |
| 2000 | 9.97% | 17.99% | 0.03x | 15.84x | $-11.50K |
| 2001 | 11.48% | 18.85% | 0.04x | 14.76x | $631.90K |
| 2002 | 12.59% | 76.50% | 0.01x | 14.35x | $1.30 Million |
| 2003 | 12.68% | 15.41% | 0.06x | 13.73x | $1.47 Million |
| 2004 | 12.17% | 16.06% | 0.06x | 13.75x | $1.34 Million |
| 2005 | 12.40% | 15.37% | 0.06x | 13.54x | $1.63 Million |
| 2006 | 11.99% | 13.72% | 0.07x | 12.71x | $1.53 Million |
| 2007 | 11.38% | 13.17% | 0.07x | 12.16x | $1.20 Million |
| 2008 | 6.09% | 7.56% | 0.06x | 12.96x | $-3.56 Million |
| 2009 | 7.38% | 10.82% | 0.06x | 12.11x | $-2.82 Million |
| 2010 | 9.12% | 14.08% | 0.05x | 11.98x | $-1.03 Million |
| 2011 | 8.59% | 13.94% | 0.05x | 11.68x | $-1.80 Million |
| 2012 | 8.87% | 15.44% | 0.05x | 11.94x | $-1.58 Million |
| 2013 | 8.94% | 16.03% | 0.05x | 12.22x | $-1.60 Million |
| 2014 | 8.78% | 16.12% | 0.04x | 12.11x | $-2.04 Million |
| 2015 | 8.95% | 16.40% | 0.04x | 12.67x | $-1.88 Million |
| 2016 | 8.73% | 17.56% | 0.04x | 11.76x | $-2.73 Million |
| 2017 | 8.37% | 16.07% | 0.04x | 12.15x | $-3.79 Million |
| 2018 | 11.31% | 21.41% | 0.05x | 11.61x | $3.35 Million |
| 2019 | 11.53% | 22.29% | 0.05x | 10.91x | $4.54 Million |
| 2020 | 9.41% | 19.41% | 0.04x | 12.00x | $-1.99 Million |
| 2021 | 12.16% | 25.23% | 0.04x | 12.82x | $7.48 Million |
| 2022 | 15.13% | 23.81% | 0.04x | 15.72x | $14.49 Million |
| 2023 | 11.56% | 18.93% | 0.05x | 13.57x | $5.15 Million |
| 2024 | 10.74% | 15.30% | 0.05x | 13.38x | $2.66 Million |
Industry Comparison
This section compares Enterprise Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enterprise Bancorp Inc (EBTC) | $385.36 Million | 11.68% | 11.72x | $381.23 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |