Blue Hills Bancorp operates as the bank holding company for Blue Hills Bank that provides financial services to individuals, families, small to mid-size businesses, government, and non-profit organizations. It accepts deposits and offers lending of different types. In addition, the Company invests in securities and provides cash management services.

TypePublic
HQNorwood, US
Founded1871
Size (employees)245 (est)+8%
Websitebluehillsbancorp.com
Blue Hills Bancorp was founded in 1871 and is headquartered in Norwood, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Blue Hills Bancorp

James E. Kivlehan

James E. Kivlehan

Executive Vice President, Retail Banking
Robert M. Driscoll

Robert M. Driscoll

Executive Vice President, Home Lending
Lauren B. Messmore

Lauren B. Messmore

Executive Vice President, Chief Financial Officer
Cheryl S. Haynes

Cheryl S. Haynes

Senior Vice President, Human Resources
Robert A. Landstein

Robert A. Landstein

Senior Vice President, Chief Technology Officer
Show more

Blue Hills Bancorp Office Locations

Blue Hills Bancorp has an office in Norwood
Norwood, US (HQ)
500 River Ridge Drive, Suite 300
Show all (1)
Report incorrect company information

Blue Hills Bancorp Financials and Metrics

Blue Hills Bancorp Revenue

Embed Graph
View revenue for all periods
Blue Hills Bancorp's revenue was reported to be $101.86 m in FY, 2017
USD

Net income (Q3, 2018)

5.8m

Market capitalization (14-Dec-2018)

585.8m

Closing stock price (14-Dec-2018)

21.8

Cash (30-Sep-2018)

47.7m

EV

716.0m
Blue Hills Bancorp's current market capitalization is $585.8 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

58.9m67.0m81.7m101.9m

Revenue growth, %

14%22%

Cost of goods sold

6.9m8.7m12.6m17.7m

Gross profit

52.0m58.2m69.1m84.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

13.9m16.4m14.9m

Cost of goods sold

1.7m1.7m2.0m2.0m2.2m2.9m3.0m3.2m3.9m4.2m4.6m5.6m6.2m7.1m

Gross profit

12.2m14.8m12.8m

Gross profit Margin, %

88%90%86%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

60.1m33.3m30.5m46.2m

Accounts Receivable

4.4m5.3m6.1m

Inventories

57.3m65.6m48.2m

PP&E

18.8m20.0m22.0m21.6m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(183.0k)7.2m8.7m16.5m

Inventories

(6.2m)4.9m(9.0m)

Accounts Payable

2.1m(220.0k)(7.5m)

Cash From Operating Activities

16.1m6.6m17.6m19.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

31.0k(2.9m)1.3m3.0m4.8m1.7m3.0m4.7m7.5m11.4m15.2m6.6m13.0m18.8m

Depreciation and Amortization

712.0k1.1m430.0k862.0k

Cash From Operating Activities

1.2m1.4m(13.8m)17.9m167.0k2.2m2.8m13.3m3.9m3.8m9.6m6.4m7.6m21.9m

Purchases of PP&E

(62.1m)(106.5m)
USDY, 2018

EV/CFO

32.7 x

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

6.9 x
Show all financial metrics

Blue Hills Bancorp Operating Metrics

Blue Hills Bancorp's Total Loans was reported to be $2.1b in Q2, 2017.
Show all operating metrics
Report incorrect company information

Blue Hills Bancorp Online and Social Media Presence

Embed Graph
Report incorrect company information

Blue Hills Bancorp News and Updates

INVESTOR ALERT: Monteverde & Associates PC Is Investigating The Acquisition Of Blue Hills Bancorp, Inc. Scheduled Today For A Shareholder Vote On January 25, 2019 - BHBK

NEW YORK, Dec. 12, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating the Board of Directors of Blue Hills Bancorp, Inc. ("Blue Hills" or ...

Blue Hills Bancorp, Inc. Declares Quarterly Cash Dividend

NORWOOD, Mass., Nov. 21, 2018 (GLOBE NEWSWIRE) -- Blue Hills Bancorp, Inc. (NASDAQ:BHBK) announced that its Board of Directors approved a quarterly cash dividend of $0.20 per share.  The dividend will be payable on December 18, 2018 to stockholders of record as of December 4, 2018.

Lifshitz & Miller LLP Announces Investigation of Beneficial Bancorp Inc., Blue Hills Bancorp, Inc., Esterline Technologies Corporation, Imperva, Inc., Integrated Device Technology, Inc., LaSalle Hotel Properties, The Navigators Group, Inc., and Nexeo Solutions, Inc.

NEW YORK, Nov. 1, 2018 /PRNewswire/ -- Beneficial Bancorp Inc. (BNCL) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the sale of BNCL to WSFS Financial Corp. for approximately $19.61 per share. If you are a BNCL investor, and would...

BLUE HILLS BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blue Hills Bancorp, Inc. - BHBK

NEW ORLEANS, Sept. 26, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Blue Hills Bancorp, Inc. ("Blue Hills") (NasdaqGS: BHBK) to Independent Bank Corp....

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Blue Hills Bancorp, Inc.

NEW YORK, Sept. 21, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Blue Hills Bancorp, Inc. (NASDAQ: BHBK) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Independent Bank Corp. Stockholders will ...

Independent Bank Corp. and Blue Hills Bancorp, Inc. Sign Merger Agreement for Rockland Trust Company to Acquire Blue Hills Bank

Transaction Would Result in Rockland Trust Having Over $11 Billion in Assets and the Largest Massachusetts Deposit Share and Branch Presence of Any Bank Headquartered in State Transaction Would Result in Rockland Trust Having Over $11 Billion in Assets and the Largest Massachusetts Deposit Share and…
Report incorrect company information

Blue Hills Bancorp Company Life and Culture

Report incorrect company information

Blue Hills Bancorp Frequently Asked Questions

  • When was Blue Hills Bancorp founded?

    Blue Hills Bancorp was founded in 1871.

  • Who are Blue Hills Bancorp key executives?

    Blue Hills Bancorp's key executives are James E. Kivlehan, Robert M. Driscoll and Lauren B. Messmore.

  • How many employees does Blue Hills Bancorp have?

    Blue Hills Bancorp has 245 employees.

  • What is Blue Hills Bancorp revenue?

    Latest Blue Hills Bancorp annual revenue is $101.9 m.

  • What is Blue Hills Bancorp revenue per employee?

    Latest Blue Hills Bancorp revenue per employee is $415.7 k.

  • Who are Blue Hills Bancorp competitors?

    Competitors of Blue Hills Bancorp include C&F Finance, OTP Bank and Washington Federal.

  • Where is Blue Hills Bancorp headquarters?

    Blue Hills Bancorp headquarters is located at 500 River Ridge Drive, Suite 300 , Norwood.

  • Where are Blue Hills Bancorp offices?

    Blue Hills Bancorp has an office in Norwood.

  • How many offices does Blue Hills Bancorp have?

    Blue Hills Bancorp has 1 office.