Eastern Bankshares Inc. Stock News

BOSTON--(BUSINESS WIRE)--Eastern Bank, Greater Boston's leading local bank, is pleased to announce that Kimberly Dee, a highly accomplished retail, customer transformation and business banking executive, has been named Executive Vice President, Consumer Banking Director. She will also serve on the Bank's Management Committee, comprised of Eastern's most senior executives. Dee most recently serv...

Eastern Bankshares, Inc. (NASDAQ:EBC ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Bob Rivers - Executive Chair & Chair of the Board Denis Sheahan - Chief Executive Officer David Rosato - Chief Financial Officer & Treasurer Conference Call Participants Mark Fitzgibbon - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Seaport Research Operator Hello, a...

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Third Quarter 2024 Financial Results.

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast.

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

Shares of Boston-based Eastern Bank have done well since my opening piece late last year, modestly outperforming peers with a ~40% total return. Earnings are still under pressure here from rising funding costs and Eastern's balance sheet positioning, though lower rates and the recently completed Cambridge deal offer strong near-term upside. These shares trade for 11.5x 2025 consensus EPS. Easte...

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce it has been recognized by Disability:IN as a top-scoring business in the Disability Equality Index® and as a 2024 Best Place to Work for Disability Inclusion. The Disability Equality Index is a joint initiative of Disability:IN and The American Association of People with Disabilities, and is acknowledged today as the most robust disab...

Eastern Bankshares, Inc. (NASDAQ:EBC ) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Bob Rivers - Chair & Chief Executive Officer Denis Sheahan - CEO James Fitzgerald - Chief Financial & Chief Administrative Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Seaport Research Operator Hello, and welcome to...