EBTC (Enterprise Bancorp) Tax Rate % : 25.37% (As of Dec. 2024)

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What is Enterprise Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Enterprise Bancorp's Tax Expense for the three months ended in Dec. 2024 was $3.6 Mil. Enterprise Bancorp's Pre-Tax Income for the three months ended in Dec. 2024 was $14.4 Mil. Therefore, Enterprise Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 was 25.37%.

Enterprise Bancorp Tax Rate % Historical Data

The historical data trend for Enterprise Bancorp's Tax Rate % 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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Enterprise Bancorp Tax Rate % Chart

Enterprise Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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24.44

24.37

23.92

25.73

24.97

Enterprise Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															30.32	23.74	24.65	25.88	25.37

Enterprise Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Enterprise Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	12.893	/	51.626
	=	24.97 %

Enterprise Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	3.646	/	14.373
	=	25.37 %

Enterprise Bancorp Tax Rate % Related Terms

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Enterprise Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Enterprise Bancorp Inc (NAS:EBTC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 Merrimack Street, Lowell, MA, USA, 01852

Website

https://www.enterprisebanking.com

Enterprise Bancorp Inc is a holding company engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the company offers a range of commercial, residential, and consumer loan products, deposit products, and cash management services, as well as wealth management and wealth services.

Executives

Susan Covey	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Michael T Putziger	director	C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Joseph R Lussier	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Ken S Ansin	director	390 GOODRICH ST, LUNENBURG MA 01462
Gino J Baroni	director	222 MERRIMACK STREET, LOWELL MA 01852
Jacqueline F Moloney	director	222 MERRIMACK STREET, LOWELL MA 01852
George L Duncan	director, officer: Chief Executive Officer	222 MERRIMACK ST, LOWELL MA 01852
Stephen J Irish	officer: EVP - Principal Subsidiary	222 MERRIMACK ST, LOWELL MA 01852
Ryan C Dunn	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Mary Jane King	director	222 MERRIMACK STREET, LOWELL MA 01852
Luis M Pedroso	director	222 MERRIMACK STREET, LOWELL MA 01852
Diane J Silva	officer: EVP - Principal Subsidiary	222 MERRIMACK STREET, LOWELL MA 01852
Anita R Worden	director	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
John A Koutsos	director	222 MERRIMACK STREET, LOWELL MA 01852
Peter Rayno	officer: EVP - Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852