PEABODY, Mass. (AP) _ Meridian Bancorp Inc. (EBSB) on Tuesday reported third-quarter profit of $19.7 million.
The Peabody, Massachusetts-based company said it had profit of 38 cents per share.
The holding company for East Boston Savings Bank posted revenue of $71.4 million in the period. Its adjusted revenue was $47.1 million.
Meridian Bancorp shares have climbed 30% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.63, a climb of 20% in the last 12 months.