Richard Gavegnano - Meridian Bancorp Chairman of the Board and Presidentident, CEO
Chairman
Mr. Richard J. Gavegnano serves as Chairman of the Board, President, Chief Executive Officer of the Meridian Bancorp, Inc. He was in the investment business for 37 years with national New York Stock Exchange member firms, and retired in 2006 ending his career as a Vice President with A.G. Edwards Sons, Inc. He was associated with East Boston Savings Bank for over 40 years serving as corporator, trustee and director. Mr. Gavegnano has served as Chairman of the Board of East Boston Savings Bank and the Company since 2003 and 2006, respectively. In 2007, Mr. Gavegnano was appointed Chief Executive Officer of the Company and Investor Relations Officer of the Company, and in 2014 was appointed President of East Boston Savings Bank and the Company. Mr. Gavegnano serves on the Federal Reserve Bank of Bostons Community Depository Institutions Advisory Council. Mr. Gavegnano has experience in business development, commercial real estate and investments. Mr. Gavegnanos positions as Chairman of the Board and Chief Executive Officer foster clear accountability, effective decisionmaking, a clear and direct channel of communication from senior management to the full Board, and alignment on corporate strategy. since 2018.
| Age | 70 |
| Tenure | 6 years |
| Phone | 617 567-1500 |
| Web | http://www.ebsb.com |
Meridian Bancorp Management Efficiency
The company has return on total asset (ROA) of 1.19 % which means that it generated a profit of $1.19 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 10.13 %, meaning that it created $10.13 on every $100 dollars invested by stockholders. Meridian Bancorp's management efficiency ratios could be used to measure how well Meridian Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 566.01 M in liabilities with Debt to Equity (D/E) ratio of 4.99, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Meridian Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Meridian Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Meridian Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Meridian to invest in growth at high rates of return. When we think about Meridian Bancorp's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 10.13 | |||
| Return On Asset | 1.19 |
Meridian Bancorp Leadership Team
Elected by the shareholders, the Meridian Bancorp's board of directors comprises two types of representatives: Meridian Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Meridian. The board's role is to monitor Meridian Bancorp's management team and ensure that shareholders' interests are well served. Meridian Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Meridian Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Fernandez, Independent Director | ||
| Marilyn Censullo, Independent Director | ||
| Russell Chin, Independent Director | ||
| Carl LaGreca, Independent Director | ||
| Frank Romano, Executive Vice President - Corporate Banking | ||
| John Migliozzi, Executive Vice President - Real Estate Lending | ||
| James Sartori, Independent Director | ||
| Edward Merritt, Executive Vice President - Business Development, Community Reinvestment, Corporate Secretary, Director | ||
| Anna DiMaria, Independent Director | ||
| Richard Gavegnano, Chairman of the Board and Presidentident, CEO | ||
| Gregory Natalucci, Independent Director | ||
| Domenic Gambardella, Independent Director | ||
| John Carroll, COO, Executive Vice President | ||
| Peter Scolaro, Director | ||
| Thomas Gunning, Independent Director | ||
| Cynthia Carney, Independent Director | ||
| Joyce Murphy, Director | ||
| Mark Abbate, CFO, Executive Vice President Treasurer |
Meridian Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Meridian Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 10.13 | |||
| Return On Asset | 1.19 | |||
| Profit Margin | 38.47 % | |||
| Operating Margin | 52.89 % | |||
| Current Valuation | 586.04 M | |||
| Shares Outstanding | 52.45 M | |||
| Shares Owned By Insiders | 9.89 % | |||
| Shares Owned By Institutions | 67.67 % | |||
| Number Of Shares Shorted | 1000 K | |||
| Price To Earning | 15.87 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Meridian Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Meridian Bancorp's short interest history, or implied volatility extrapolated from Meridian Bancorp options trading.
Pair Trading with Meridian Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Meridian Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Meridian Bancorp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Qualcomm Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualcomm Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Qualcomm Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Qualcomm Incorporated to buy it.
The correlation of Qualcomm Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Qualcomm Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualcomm Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Qualcomm Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Meridian Stock
If you are still planning to invest in Meridian Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meridian Bancorp's history and understand the potential risks before investing.
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