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Meridian Bancorp (Meridian Bancorp) Mortgage Backed Securities (USD Mil) : 6.69 (As of Sep. 2021)


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What is Meridian Bancorp Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

Meridian Bancorp's Mortgage Backed Securities (USD Mil) for the quarter that ended in Sep. 2021 was 6.69 , which is lower than 7.29 for the pervious quarter ended in Jun. 2021.

Meridian Bancorp's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2020 was 8.74 , which is lower than 11.37 for the pervious year ended in Dec. 2019.

The historical rank and industry rank for Meridian Bancorp's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Meridian Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Meridian Bancorp's Mortgage Backed Securities (USD Mil) 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.

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Meridian Bancorp Mortgage Backed Securities (USD Mil) Chart

Meridian Bancorp Annual Data
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Mortgage Backed Securities (USD Mil)
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Average Interest Earning Assets (USD Mil)
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Commercial Business Loans (USD Mil)
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Residential Mortgage Loans (USD Mil)
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Commercial Mortgage Loans (USD Mil)
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Construction Loans (USD Mil)
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Meridian BancorpQuarterly Data
Trend Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Average Interest Earning Assets (USD Mil)
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Commercial Business Loans (USD Mil)
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Residential Mortgage Loans (USD Mil)
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Commercial Mortgage Loans (USD Mil)
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Construction Loans (USD Mil)
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Competitive Comparison of Meridian Bancorp's Mortgage Backed Securities (USD Mil)

For the Banks - Regional subindustry, Meridian Bancorp's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (USD Mil) 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  (NAS:EBSB) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Meridian Bancorp Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of Meridian Bancorp's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian Bancorp (Meridian Bancorp) Business Description

Industry
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

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