Today it was reported that the President + CEO of Blue Hills Bancorp (BHBK), William Parent, exercised options to buy 214,000 BHBK shares at $14.07 a share, for a total transaction value of $3.01M.
Following this transaction William Parent’s holding in the company was increased by 279.96% to a total of $6.33 million. Following William Parent’s last BHBK Buy transaction on August 19, 2014, the stock climbed by 10.0%.
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Based on Blue Hills Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $30.52 million and quarterly net profit of $5.79 million. In comparison, last year the company earned revenue of $24.38 million and had a net profit of $3.84 million. BHBK’s market cap is $544.9M and the company has a P/E ratio of 26.95. Currently, Blue Hills Bancorp has an average volume of 73.97K.
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Blue Hills Bancorp, Inc. is a bank holding company for Blue Hills Bank and Nantucket Bank, which engages in the provision of financial services. It offers a full range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts and commercial and regular checking accounts.
