Meridian Bancorp: 2Q Earnings Snapshot
PEABODY, Mass. (AP) _ Meridian Bancorp Inc. (EBSB) on Tuesday reported second-quarter net income of $14.1 million.
The Peabody, Massachusetts-based company said it had net income of 27 cents per share.
The holding company for East Boston Savings Bank posted revenue of $58.7 million in the period. Its adjusted revenue was $43.9 million.
Meridian Bancorp shares have fallen 8.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.85, a climb of 15 percent in the last 12 months.