Meridian Bancorp: Q1 Earnings Snapshot
PEABODY, Mass. (AP) _ Meridian Bancorp Inc. (EBSB) on Thursday reported first-quarter net income of $24.3 million.
On a per-share basis, the Peabody, Massachusetts-based company said it had profit of 48 cents.
The holding company for East Boston Savings Bank posted revenue of $62.7 million in the period. Its adjusted revenue was $53.3 million.
Meridian Bancorp shares have risen 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.82, a rise of 72% in the last 12 months.