Meridian Bancorp: 2Q Earnings Snapshot
PEABODY, Mass. (AP) _ Meridian Bancorp Inc. (EBSB) on Tuesday reported second-quarter profit of $15.2 million.
The Peabody, Massachusetts-based company said it had profit of 29 cents per share.
The holding company for East Boston Savings Bank posted revenue of $69.2 million in the period. Its adjusted revenue was $45.4 million.
Meridian Bancorp shares have climbed 30% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.66, a fall of 2% in the last 12 months.