Enterprise Bancorp, Inc.

NAS:EBTCFinancial Services

——At close · Market cap —

EBTC · Income statement · TradingHolo

USD millions	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	YoY
Revenue	153.4	162.1	167.1	179.4	218.7	253.1	+15.8%
Cost of revenue	22.4	27.2	9.2	14.9	57.2	84.4	+47.5%
Gross profit	131.0	134.9	157.9	164.5	161.4	168.8	+4.5%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—
Selling, general & administrative	68.5	65.9	70.9	76.7	77.8	84.4	+8.5%
Selling & marketing	3.0	2.2	2.4	2.8	2.8	2.6	−7.2%
Operating expenses	86.4	93.3	102.1	108.3	110.2	117.1	+6.3%
Operating income	44.6	41.6	55.8	56.1	51.2	51.6	+0.7%
Interest expense	21.3	14.7	7.5	9.1	48.0	82.4	+71.8%
Interest income	137.1	144.8	149.0	160.9	201.1	230.3	+14.5%
Other income / expense	0.0	0.0	0.0	0.0	0.0	0.0	—
Pre-tax income	44.6	41.6	55.8	56.1	51.2	51.6	+0.7%
Income tax	10.4	10.2	13.6	13.4	13.2	12.9	−2.2%
Net income	34.2	31.5	42.2	42.7	38.1	38.7	+1.8%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—
EPS, basic (per share)	2.90	2.64	3.51	3.53	3.11	3.13	+0.6%
EPS, diluted (per share)	2.89	2.64	3.50	3.52	3.11	3.12	+0.3%
EBITDA	50.7	48.4	63.6	63.2	57.4	57.2	−0.3%
Depreciation & amortization	6.1	6.8	7.8	7.0	6.2	5.6	−9.3%
Weighted average shares (shares)	11,790,000	11,898,000	12,006,000	12,103,000	12,224,000	12,387,000	+1.3%
Weighted average diluted shares (shares)	11,830,000	11,920,000	12,051,000	12,150,000	12,244,000	12,398,000	+1.3%
Gross margin	85.4%	83.2%	94.5%	91.7%	73.8%	66.7%	−7.2 pts
Operating margin	29.1%	25.7%	33.4%	31.3%	23.4%	20.4%	−3.0 pts
Net margin	22.3%	19.4%	25.2%	23.8%	17.4%	15.3%	−2.1 pts

USD millionsUpdated 6 May 2025 ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.