EBC News and Press, Eastern Bankshares Inc. From 10/13/21

Provides Financing for Working Capital and Real Estate Eastern Bank is pleased to announce The GEM Group, Inc. as a new asset based lending customer. Founded in 1958, The GEM Group, which goes to market under the brand name Gemline, is an award-winning supplier of high-q...

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 third quarter 2021 results: Abo...

Merck acquires Acceleron for $180 per share in cash. Amicus Therapeutics to launch a genetic medicine company, Caritas Therapeutics through a business combination agreement with ARYA Sciences Acquisition Corp IV. Five9 and Zoom Video Communications mutually terminate their merger ...

One of my favorite mid-cap stocks is the regional bank Eastern Bankshares (NASDAQ: EBC) based in Boston. Since going public in October of 2020, the stock is up more than 70% and I think there is a lot of runway left. This is a stock that can go slow and steady and generate strong re...

Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank ...

Provides Comprehensive Treasury Solution Services Including $9 Million Revolving Line of Credit Eastern Bank is pleased to announce A-COM Integrated Solutions (A-COM) as a new commercial banking customer. Founded in 1973, A-COM is a family-owned security, home and busine...

Provides Financing for Working Capital and Real Estate Eastern Bank is pleased to announce Metropolitan Cabinets & Countertops (Metropolitan) as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry a...

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 di...

Ms. Yadav Brings 15+ Years Of Financial Services Marketing, Product Management, And Business Development Experience, Has Held Consumer Lending and Product Marketing Leadership Roles At Eastern Since 2017 Eastern Bank is pleased to announce the promotion of Sujata Yadav t...

Since late May, Eastern Bankshares (NASDAQ: EBC) has seen its stock price retreat by around 16.5%. The regional bank, based in Boston with roughly $17 billion in assets under management, has only been a public offering since last October when it was listed at less than $12 per share...