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EBC - Eastern Bankshares: Acquisition Is The Chief Earnings Driver In The Near Future
August, 17 2021 11:06 AM
Eastern Bankshares Inc.
The upcoming acquisition will likely boost loans by 31% and deposits by 48%. The excess liquidity will likely continue to plague the net interest margin. The year-end target price suggests a small downside from the current market. Further, EBC is offering a low and unattractive dividend yield. For further details see:
Eastern Bankshares: Acquisition Is The Chief Earnings Driver In The Near Future
Stock Information
Company Name:
Eastern Bankshares Inc.
Stock Symbol:
EBC
Market:
NASDAQ
Website:
easternbank.com
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