Despite Its Rally, Enterprise Bancorp Remains Undervalued

Jun. 14, 2021 1:25 PM ETEnterprise Bancorp, Inc. (EBTC)2 Comments
Aristofanis Papadatos profile picture
Aristofanis Papadatos


  • Despite its rally in the last six months, EBTC remains undervalued.
  • EBTC is a well-managed bank, which has remained profitable for 126 consecutive quarters.
  • EBTC has raised its dividend for 27 consecutive years.
  • Thanks to its markedly low payout ratio of 19% and its growth prospects, EBTC will continue raising its dividend meaningfully for many more years.

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About six months ago, I recommended purchasing Enterprise Bancorp (NASDAQ:EBTC) for its cheap valuation and its promising growth prospects. Since then, the stock has rallied 26%. As a result, it has become

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Aristofanis Papadatos profile picture
I am a chemical engineer with a MS in Food Technology and Economics. I am also the author of 2 mathematics books ("Arithmetic calculations without a calculator" and "Word Problems") and perform almost all the calculations in my mind, without a calculator, making it easier to make immediate investing decisions among many alternatives. I invest applying fundamental and technical analysis and mainly use options as a tool for both investing and trading. I have nearly achieved my goal of early retirement, at the age of 45. In my spare time, I follow Warren Buffett's principle: "Some men read playboy. I read financial statements".

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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