Enterprise Bancorp, Inc. Announces Quarterly Dividend to be Paid June 1, 2018

LOWELL, Mass., April 17, 2018 (GLOBE NEWSWIRE) -Enterprise Bancorp, Inc. (the “Company”) (NASDAQ:EBTC)

On April 17, 2018, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.145 per share to be paid on June 1, 2018 to shareholders of record as of May 11, 2018.  The 2018 dividend rate represents a 7.4% increase over the 2017 dividend rate.

Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all of its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank.  The Company is principally engaged in the business of attracting deposits from the general public and investing in commercial loans and investment securities.  Through Enterprise Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as investment advisory and wealth management, trust, and insurance services.  The Company's headquarters and the Bank's main office are located at 222 Merrimack Street in Lowell, Massachusetts.  The Company's primary market area is the Greater Merrimack Valley and North Central regions of Massachusetts and Southern New Hampshire (Southern Hillsborough and Rockingham counties).  Enterprise Bank has 24 full-service branches located in the Massachusetts communities of Lowell, Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Methuen, Tewksbury, Tyngsborough and Westford and in the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem and Windham.

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Enterprise Bank supports annual Sun Santa Fund

Each year, Enterprise Bank team members and departments host fundraising events to help support The Sun Santa Fund. For 2018, Enterprise Bankers raised a record breaking $11,000.

Quarterly Dividend to be paid March 4, 2019

On January 15, 2019, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.16 per share to be paid on March 4, 2019 to shareholders of record as of February 11, 2019.

Thank you for your generous donations to Coats for Kids

Thank you to all who donated outerwear for the annual Coats for Kids™ collection drive. A community effort like this aligns perfectly with the Bank’s mission “to help create vibrant, prosperous communities,” and we’re pleased to once again have been a major sponsor for this event.

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