Who is the owner of Enterprise Bank?

Enterprise Bank is a wholly-owned subsidiary of Enterprise Bancorp, Inc.

Understanding Enterprise Bank's Ownership

Enterprise Bank operates as a key part of a larger corporate structure. Its ownership is straightforward: it is entirely owned by Enterprise Bancorp, Inc. This means that Enterprise Bancorp, Inc. holds 100% of Enterprise Bank's stock.

Enterprise Bancorp, Inc.: The Parent Company

Enterprise Bancorp, Inc. functions as the parent company of Enterprise Bank. As a publicly traded entity, its shares are available for purchase on the NASDAQ stock exchange under the ticker symbol EBTC. This structure allows a broad base of investors to own a stake in Enterprise Bancorp, Inc., and by extension, in Enterprise Bank.

Key Aspects of the Ownership Structure

• Wholly-Owned Subsidiary: This term signifies that Enterprise Bancorp, Inc. has complete ownership and control over Enterprise Bank. This is a common arrangement in the financial industry, providing a clear chain of command and consolidated financial reporting.
• Publicly Traded Parent: Because Enterprise Bancorp, Inc. is publicly traded, its ownership is distributed among its shareholders. Therefore, while Enterprise Bancorp, Inc. is the direct owner of the bank, the ultimate ownership rests with the public shareholders of EBTC.
• Transparency: As a publicly traded company, Enterprise Bancorp, Inc. is subject to various reporting requirements, offering transparency into its financial performance and operations, which includes those of Enterprise Bank.

For more details on Enterprise Bank and its history, you can visit their About Enterprise Bank section. Information regarding Enterprise Bancorp, Inc.'s stock performance can be found on NASDAQ.

Ownership Structure at a Glance

To clarify the relationship, here's a simple overview:

This structure ensures that Enterprise Bank benefits from the governance and resources of its publicly traded parent company, while operating as a distinct financial institution.