Meridian Bancorp (Meridian Bancorp) Price-to-Tangible-Book : 1.61 (As of Apr. 26, 2024)

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What is Meridian Bancorp Price-to-Tangible-Book?

As of today (2024-04-26), Meridian Bancorp's share price is $24.15. Meridian Bancorp's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $15.03. Hence, Meridian Bancorp's Price to Tangible Book Ratio of today is 1.61.

The historical rank and industry rank for Meridian Bancorp's Price-to-Tangible-Book or its related term are showing as below:

EBSB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 1.35 Max: 2.35
Current: 1.61

During the past 13 years, Meridian Bancorp's highest Price to Tangible Book Ratio was 2.35. The lowest was 0.75. And the median was 1.35.

EBSB's Price-to-Tangible-Book is not ranked
in the Banks industry.
Industry Median: 0.93 vs EBSB: 1.61

A closely related ratio is called PB Ratio. As of today, Meridian Bancorp's share price is $24.15. Meridian Bancorp's Book Value per Sharefor the quarter that ended in Sep. 2021 was $15.44. Hence, Meridian Bancorp's P/B Ratio of today is 1.56.

Meridian Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Meridian Bancorp's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Meridian Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.71

1.79

1.18

1.52

1.05

Meridian Bancorp Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.75	1.05	1.26	1.38	1.38

Competitive Comparison of Meridian Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Meridian Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Meridian Bancorp's Price-to-Tangible-Book falls into.

Meridian Bancorp Price-to-Tangible-Book Calculation

Meridian Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2021 )
	=	24.15	/	15.025
	=	1.61

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Meridian Bancorp Price-to-Tangible-Book Related Terms

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

Meridian Bancorp (Meridian Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Prospect Street, Peabody, MA, USA, 01960

Website

https://www.ebsb.com

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