GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meridian Bancorp Inc (NAS:EBSB) » Definitions » Liabilities-to-Assets

Meridian Bancorp (Meridian Bancorp) Liabilities-to-Assets : 0.87 (As of Sep. 2021)


View and export this data going back to 2008. Start your Free Trial

What is Meridian Bancorp Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Meridian Bancorp's Total Liabilities for the quarter that ended in Sep. 2021 was $5,314.7 Mil. Meridian Bancorp's Total Assets for the quarter that ended in Sep. 2021 was $6,128.4 Mil. Therefore, Meridian Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 was 0.87.


Meridian Bancorp Liabilities-to-Assets Historical Data

The historical data trend for Meridian Bancorp's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meridian Bancorp Liabilities-to-Assets Chart

Meridian Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.89 0.89 0.88

Meridian Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.88 0.88 0.87 0.87

Competitive Comparison of Meridian Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, Meridian Bancorp's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meridian Bancorp's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Meridian Bancorp's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Meridian Bancorp's Liabilities-to-Assets falls into.



Meridian Bancorp Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Meridian Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=5850.963/6619.848
=0.88

Meridian Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 is calculated as

Liabilities-to-Assets (Q: Sep. 2021 )=Total Liabilities/Total Assets
=5314.676/6128.374
=0.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meridian Bancorp  (NAS:EBSB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Meridian Bancorp Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Meridian Bancorp's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian Bancorp (Meridian Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
67 Prospect Street, Peabody, MA, USA, 01960
Meridian Bancorp Inc operates as a bank. It provides services such as checking, savings, loans, credit cards, corporate banking, commercial banking, cash management, institutional banking, personal online banking, business online banking, and other banking services. The bank generates its revenue in the form of net interests.
Executives
Kenneth R Fisher officer: EVP, Treasurer and CFO 67 PROSPECT STREET, PEABODY MA 01960
Anna R Dimaria director 10 MERIDIAN STREET EAST BOSTON MA 02128
Gregory F Natalucci director 10 MERIDIAN STREET EAST BOSTON MA 02128
Thomas J Gunning director 10 MERIDIAN STREET EAST BOSTON MA 02128
Edward J Merritt director, officer: EVP 10 MERIDIAN STREET EAST BOSTON MA 02128
Marilyn A Censullo director 10 MERIDAIN STREET EAST BOSTON MA 02128
Domenic A Gambardella director 10 MERIDIAN STREET EAST BOSTON MA 02128
Cynthia C Carney director 67 PROSPECT STREET PEABODY MA 01960
John Migliozzi officer: EVP 67 PROSPECT STREET, PEABODY MA 01960
Mark L Abbate officer: EVP, Treasurer and CFO 81 MAIN STREET MEDWAY MA 02053
Carl Lagreca director 10 MERIDIAN STREET EAST BOSTON MA 02128
Richard J Gavegnano director, officer: Chairman, President and CEO 10 MERIDIAN STREET EAST BOSTON MA 02128
James G Sartori director 10 MERIDIAN STREET EAST BOSTON MA 02128
Frank Romano officer: EVP 67 PROSPECT STREET PEABODY MA 01960
Peter F Scolaro director 67 PROSPECT STREET PEABODY MA 01960

Meridian Bancorp (Meridian Bancorp) Headlines

From GuruFocus

Meridian Bancorp, Inc. Announces Quarterly Dividend

By Marketwired Marketwired 05-29-2020