EBC News and Press, Eastern Bankshares Inc. From 04/23/23

2023-04-23 03:38:46 ET Summary The net interest margin will face pressure in the first half of 2023 due to deposit re-pricing. Loan growth will slow down as the management is more focused on pricing than volume. Further, high borrowing costs will drag the loan growth. The year...

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 2023 results: About Eastern...

Includes specialized and innovative credit solutions, and access to insights, mentoring and networking resources As part of its deep and long-standing commitment to drive greater economic inclusion and mobility, Eastern Bank is announcing today the launch of Equity Alliance for Busi...

As I've discussed in the past, the Boston-based regional lender Eastern Bankshares (NASDAQ: EBC) is one of my favorite mid-cap bank stocks, primarily because of its incredibly strong deposit base. But after the Federal Reserve went on its most intense interest rate hiking campaign eve...

Summary We have covered a lot of regional banks and were asked about Eastern Bankshares stock. The most recent Eastern Bankshares' earnings were mixed at best, but there are troubling trends ahead of a mild recession. So many other banks are setting up for strength this year, while ...

Image source: The Motley Fool. Eastern Bankshares (NASDAQ: EBC) Q4 2022 Earnings Call Jan 27, 2023 , 9:00 a.m. ET Operator Continue reading For further details see: Eastern Bankshares (EBC) Q4 2022 Earnings Call Transcript

Shares of Eastern Bankshares (NASDAQ: EBC) traded roughly 11% lower as of 12:07 p.m. ET today after the bank reported earnings results for the fourth quarter of 2022. Eastern reported diluted earnings per share of $0.26 on total revenue of $194.5 million, both numbers that missed earn...

Eastern Bankshares ( NASDAQ: EBC ) stock tumbled 13.3% to an over two-year low on Friday as the bank reported disappointing Q4 results , hurt by higher interest expense, and provided downbeat guidance for the year. The company projected further declines in NIM during 2023 till...

Eastern Bankshares, Inc. (EBC) Q4 2022 Earnings Conference Call January 27, 2023 09:00 A.M. ET Company Participants Robert F. Rivers - Chairman and CEO James B. Fitzgerald - CAO, Treasurer, and CFO Conference Call Participants Janet Lee - J.P. Morgan Chase ...

The following slide deck was published by Eastern Bankshares, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Eastern Bankshares, Inc. 2022 Q4 - Results - Earnings Call Presentation