Enterprise Bancorp Soars 2.09% on Mergers!
Friday, Jun 6, 2025 3:06 pm ET1min read
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Enterprise Bancorp, Inc. rose 2.09% intraday, with the recent merger between NB BancorpNBBK--, Inc. and Provident BancorpPVBC--, Inc. potentially driving investor interest. The merger is expected to be approximately 19% accretive to NB Bancorp, Inc.'s earnings per share in 2026, the first full year of combined operations, assuming full phase-in of cost savings. Needham Bank will remain well capitalized with high levels of liquidity after the merger.
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