The parent company of Lowell-based Enterprise Bank reported net income of $7.6 million, or $0.64 per diluted share, an increase of $2 million compared to the same three-month period in 2017.
The parent company of Lowell-based Enterprise Bank reported strong profits and growth in the first quarter, crediting the recent boost from tax reform and continued investment in the bank.
Enterprise Bank’s parent company reported net income of $19.4 million for 2017, an increase of $642,000 from 2016.
Bopha Malone, regional business advisor and vice president at Enterprise Bank, announced via Twitter on Nov. 26 that she would run for the third congressional seat to replace U.S. Rep. Niki Tsongas when she retires.
Enterprise Bancorp, the parent company of Billerica-based Enterprise Bank, reported third quarter net income of $5.5 million, or diluted earnings per share of $0.47, a 17 percent increase from the third quarter of 2016.
Tensions between southeast Asian and Latino youths in Lowell spilled over into gun violence in the mid-1990s, prompting local minority leaders to search for solutions.
GAAMHA Inc., an organization dedicated to supporting people with developmental disabilities and substance abuse disorders in Gardner, has received a $1.3 million tax-exempt bond from MassDevelopment.