EBC News and Press, Eastern Bankshares Inc. From 09/29/22

Largest small business association in Boston’s North Shore helps Latino business owners and entrepreneurs grow Eastern Bank Foundation is pleased to announce the North Shore Latino Business Association (NSLBA) as a 2022 Community Advocacy Award honoree for its ded...

Summary Three ways to protect capital in a bear market. Deposits, litigation, and merger arbitrage. Here’s one of the latest opportunities to consider. Deposits Where is the first place I look for bear market insurance? Federally insured deposit accoun...

Economic development organization helps entrepreneurs and innovators to start and grow their businesses Eastern Bank Foundation is pleased to announce Innovation Studio as a 2022 Community Advocacy Award honoree for its empowerment of Black, Indigenous and People of Colo...

Amplify POC focuses on creating greater opportunity and a future of generational wealth for communities of color Eastern Bank Foundation is pleased to announce Amplify POC Cape Cod (Amplify POC) as a 2022 Community Advocacy Award honoree for its programming, education an...

Eastern Bankshares ( NASDAQ: EBC ) has announced a new share repurchase program to purchase up to 8.9M shares. That represents ~5% of Eastern's ( EBC ) shares of common stock now outstanding. The repurchase program is limited to $200M through August 31, 2023. The c...

Eastern Bankshares, Inc. (“Eastern” or the “Company”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, today announced that it has received regulatory non-objection to proceed with a new share repurchase program, under which the...

Strong regional job markets will likely play a pivotal role in keeping loan growth robust through the end of 2023. Thanks to the loan mix, the margin is quite sensitive to interest rate changes. Higher interest rates will likely continue to erode the book value per share, which wi...

Eastern Insurance Group LLC , a wholly owned subsidiary of Eastern Bank , announced today that it has acquired the operating assets of the John T. Burns Insurance Agency, Inc, a full-service insurance agency located in Newtonville, MA. The transaction is effective August 1, 2022...

Since going public at the end of 2020, Eastern Bankshares (NASDAQ: EBC) , a roughly $22-billion-asset bank in Boston, has performed extremely well, with shares up nearly 67%. While a quick glance would suggest that the company is trading at a very high valuation for a bank right now...

Image source: The Motley Fool. Eastern Bankshares, Inc. (NASDAQ: EBC) Q2 2022 Earnings Call Jul 29, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Eastern Bankshares, Inc. (EBC) Q2 2022 Earnings Call Transcript