Inactive Instrument

Melrose Bancorp, Inc.

Melrose Bancorp, Inc. Reports Earnings Results for the Year Ended December 31, 2018

February 06, 2019 at 05:14 pm EST

Melrose Bancorp, Inc. reported earnings results for the year ended December 31, 2018. For the period, the company reported net interest and dividend income of $7,354,000 against $6,758,000 a year ago. Net income was $1,770,000 against $1,804,000 a year ago. Basic earnings per share were $0.74 against $0.76 a year ago.

Latest news about Melrose Bancorp, Inc.

Cambridge Savings Bank completed the acquisition of Melrose Bancorp, Inc..	20-05-31	CI
Melrose Bancorp, Inc.'s Equity Buyback announced on November 12, 2015, has expired.	20-05-31	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	20-03-12	CI
Cambridge Savings Bank entered into an agreement to acquire Melrose Bancorp, Inc. for $53.2 million.	19-12-17	CI
Melrose Bancorp, Inc.(OTCPK:MELR) dropped from S&P TMI Index	19-07-11	CI
Melrose Bancorp, Inc.(NasdaqCM:MELR) dropped from NASDAQ Composite Index	19-07-08	CI
Melrose Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-10	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	19-03-15	CI
Melrose Bancorp, Inc. Reports Earnings Results for the Year Ended December 31, 2018	19-02-06	CI
Melrose Bancorp, Inc. Declares an Annual Cash Dividend, Payable on or about February 14, 2019	19-01-11	CI
Melrose Bancorp, Inc. announces an Increase in Equity Buyback.	19-01-10	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	18-11-09	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	18-08-10	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	18-05-11	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	18-03-16	CI
Melrose Bancorp, Inc. Declares Special Cash Dividend, Payable on or About February 14, 2018	18-01-17	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	17-11-13	CI
Melrose Bancorp, Inc. announces an Increase in Equity Buyback.	17-09-13	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	17-08-14	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	17-05-12	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	17-03-21	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	16-11-10	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	16-08-12	CI
Tranche Update on Melrose Bancorp, Inc.'s Equity Buyback Plan announced on November 12, 2015.	16-05-11	CI
Doncasters Up For Sale	16-04-24	CI

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Company Profile

Melrose Bancorp, Inc. is the bank holding company of Melrose Cooperative Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking office in Melrose, Massachusetts. The Bank's primary business activity consists of taking deposits from the general public in its market area and investing those deposits, together with funds generated from operations. The Bank also offers online and mobile banking services. The Bank's principal lending activity is originating one- to four-family residential real estate loans, and home equity loans and lines of credit. Its investment portfolio consists primarily of corporate debt securities, the United States Government and federal agency obligations, preferred stock, mortgage-backed securities, municipal obligations and marketable equity securities. The Bank's primary source of funds for use in lending and investment activities is deposits.

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