EASTERN BANKSHARES Aktie

 

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the following details regarding the report of the Company's second quarter 2025 results: Earnings Release: Thursday, July 24, 2025 after the market close     Conference Call: Friday, July 25, 2025 at 9:00 AM Eastern Time     Join by Telephone: Toll-Free Dial-In Number: (800) 549-8228   Conference ID: 88195     Webcast:   The conference call will be simultaneously webcast. Participants may join the webcast on the Company's Investor Relations website at investor.easternbank.com. A replay of the webcast will be made available on demand on this site. About Eastern Bankshares, Inc. Eastern Bankshares, Inc. is the holding company for Eastern Bank. Founded in 1818, Eastern Bank is Greater Boston's leading local bank with approximately 110 branch locations serving communities in eastern Massachusetts, southe...

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Joseph Rodolfy as a Senior Vice President, Commercial Real Estate Relationship Manager. Mr. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis. “Joseph Rodolfy's lending background and formal training in credit analysis align strongly to our focus on delivering comprehensive commercial banking services rooted in personalized relationships, and we are excited to welcome him to Eastern Bank's Commercial Banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. Mr. Rodolfy joins Eastern Bank from Cambridge Savings Bank, where he spent the past decade in roles of increasing responsibility, most recently serving as Vice President and Loan Officer in the Commercial Real Estate group. In this role, he led client relationships and structured loans across all asset classes. His prior experience includes commercial credit and lending positio...

Mr. Francois focuses on commercial lending solutions for middle market companiesBOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Karl-Henry Francois as a Senior Vice President, Commercial Banking Relationship Manager. Mr. Francois brings more than 20 years of banking experience, including 18 years of experience providing a comprehensive range of lending solutions for middle market commercial businesses. “Karl-Henry Francois brings a strong background in serving the credit, refinancing and overall lending and financing needs of middle market companies, and we are excited to welcome him to Eastern Bank's Commercial Banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. Mr. Francois has over two decades of experience in middle market commercial banking, specializing in financial restructuring, debt refinancing and underwriting for privately held, sponsor-owned and publicly traded businesses. He joins Eastern Bank from Citizens Financial G...

Eastern Bankshares (EBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term....

The average of price targets set by Wall Street analysts indicates a potential upside of 30.2% in Eastern Bankshares (EBC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock....

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome David Ciolfi as a Senior Vice President, Team Lead for Business Development with Cambridge Trust Private Banking, a Division of Eastern Bank. Mr. Ciolfi has over two decades of experience in financial and investment advisory services across private banking and wealth offerings. “David Ciolfi brings an entrepreneurial mindset and deep understanding of the private banking and wealth management needs in the Northeast region, and we are thrilled to welcome him to the team,” said Kerri Mooney, Executive Vice President of Private Banking for Eastern Bank. Mr. Ciolfi most recently served as Senior Advisor at Citizens Private Wealth where he led private wealth efforts across Greater Boston, Connecticut, New York and Rhode Island, consistently bringing a client-centric and innovative approach. He spearheaded the growth of Citizens Private Wealth in Connecticut and New York, successfully grew the Private Wealth division in Providence, and led a market ...

The consensus price target hints at a 28.8% upside potential for Eastern Bankshares (EBC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term....

Eastern Bankshares (EBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy)....

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NEW YORK, April 25, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by HarborOne Bancorp, Inc. (NASDAQ: HONE) and its board of directors concerning the proposed acquisition of the company by Eastern Bankshares, Inc. (NASDAQ: EBC). Stockholders......

While the top- and bottom-line numbers for Eastern Bankshares (EBC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values....

Eastern Bankshares (EBC) delivered earnings and revenue surprises of 3.03% and 2.46%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?...

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Key Highlights: Merger solidifies Eastern's leading position in Greater Boston while expanding into Rhode Island Financially compelling transaction with 16% EPS accretion resulting in top quartile operating profitability1 Pro forma balance sheet has robust capital, liquidity and reserves BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern” or “the Company”) (Nasdaq: EBC), the holding company for Eastern Bank, and HarborOne Bancorp (“HarborOne”) (Nasdaq: HONE), the holding company for HarborOne Bank, today jointly announced they have entered into a definitive merger agreement pursuant to which HarborOne will merge with and into Eastern in a stock and cash transaction. Under the terms of the merger agreement, which has been unanimously adopted by both boards of directors, shareholders of HarborOne will receive for each share of HarborOne common stock, at the holder's election, either (i) 0.765 shares of Eastern common stock (the “Stock Consideration”) or (ii) $12....

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Completed $1.3 Billion Investment Portfolio Repositioning Announces 8% Increase to Quarterly Dividend Net loss of $217.7 million, or $1.08 per diluted share, included non-operating loss related to investment portfolio repositioning. Operating net income of $67.5 million, or $0.34 per diluted share. Net interest margin on a fully tax equivalent basis expanded 33 basis points to 3.38%, due to higher asset yields and lower cost of funds. Non-performing loans of $91.6 million or 0.51% of total loans, an improvement from $135.8 million or 0.76% at year-end 2024. Strong balance sheet with robust capital and reserve levels. Quarter-end CET1 ratio of 14.15%(2) and allowance coverage to total loans of 1.25%. Repurchased approximately 2.9 million shares for $48.7 million. BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”) (NASDAQ: EBC), the holding company of Eastern Bank, today announced its first quarter 2025 financial results. FINANCIAL HIGHLIGHTS   As of and for three months ended   Linked ...

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the following details regarding the report of the Company's first quarter 2025 results: Earnings Release: Thursday, April 24, 2025 after the market close   Conference Call: Friday, April 25, 2025 at 9:00 AM Eastern Time   Join by Telephone: Toll-Free Dial-In Number: (800) 549-8228 Conference ID: 70523   Webcast: The conference call will be simultaneously webcast. Participants may join the webcast on the Company's Investor Relations website at investor.easternbank.com. A replay of the webcast will be made available on demand on this site. About Eastern Bankshares, Inc. Eastern Bankshares, Inc. is the holding company for Eastern Bank. Founded in 1818, Eastern Bank is Greater Boston's leading local bank with more than 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampsh...

Ms. Conroy Focuses On Regional and Middle Market Companies BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Theresa Conroy as a Senior Vice President, Commercial Banking Relationship Manager. Ms. Conroy brings 20 years of commercial and industrial lending experience to Regional and Middle Market companies. “It is a pleasure to welcome Theresa Conroy to Eastern Bank's Commercial Banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “She takes the time to understand the needs of her clients, is strongly committed to excellent customer relationships and analytical skills, and brings a strong commitment to our local community, and we look forward to her contributions.” Ms. Conroy, who most recently served as Senior Relationship Manager – Middle Market Division at Needham Bank, has an extensive background in commercial lending and a commitment to serving businesses. She brings expertise in structuring commercial loans, building lasti...

Woke Kennedy Center Worker Fired Over Naked Meltdown Video About Trump & Musk  Tavish Forsyth, a woke leftist and former program director at the Kennedy Center's Opera Institute, was fired after bizarrely stripping down in a 35-minute video posted on YouTube and X, during which he ranted against President Trump's takeover of the national cultural center on the eastern bank of the Potomac River in Washington, D.C. “Trump has taken over the Kennedy Center and that's a place where I work,” Forsyth said in the video while clothed. With a snap of his fingers, the troubled man went from clothed to naked in an utterly weird video.  “Does staying make me a collaborator or somehow complicit in a hostile government takeover that's systematically targeting the livelihood and liberty of poor people, queer people, Black/brown people, people of color, immigrants, Muslims, victims in war-torn countries, ethnic cleansing, women?” Forsyth said, adding, “And gosh, when I put it that way it...