EBC News and Press, Eastern Bankshares Inc. From 10/29/21

The following slide deck was published by Eastern Bankshares, Inc. in conjunction with their 2021 Q3 earnings call. For further details see: Eastern Bankshares, Inc. 2021 Q3 - Results - Earnings Call Presentation

Eastern Bankshares (NASDAQ:EBC): Q3 GAAP EPS of $0.22 beats by $0.02. Revenue of $145.9M (-0.4% Y/Y) misses by $4.39M. Press Release For further details see: Eastern Bankshares EPS beats by $0.02, misses on revenue

Eastern Bankshares (NASDAQ:EBC) declares $0.08/share quarterly dividend, in line with previous. Forward yield 1.55% Payable Dec. 15; for shareholders of record Dec. 3; ex-div Dec. 2. The company has also proposed a share repurchase program to buyback 9,337,900 shares, representing 5% of its o...

Company Announces Intent to Adopt Share Repurchase Program and Declares Quarterly Cash Dividend Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock hol...

Eastern Bank Foundation (“Foundation”), the philanthropic arm of Boston-based Eastern Bank whose stock holding company is Eastern Bankshares, Inc. (NASDAQ Global Select Market: EBC), today announced it has established a plan to sell a pre-arranged portion of EBC co...

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 ...