BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Theresa Conroy as a Senior Vice President, Commercial Banking Relationship Manager. Ms. Conroy brings 20 years of commercial and industrial lending experience to Regional and Middle Market companies. “It is a pleasure to welcome Theresa Conroy to Eastern Bank's Commercial Banking team,” said Greg Buscone, Executive Vice President, Chie...
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to expand its Franchise Lending group with the arrivals of Senior Vice President and Head of Specialty Finance David Farwell and Senior Vice President of Franchise Finance Randi Baskin Blume. Both bring extensive expertise in franchise lending and commercial banking. “It is an exciting time for Eastern Bank as we build out our franchise lending o...
Eastern Bankshares, Inc.'s Q4 results showed strong revenue growth, driven by mergers, with a 35.3% increase year-over-year, beating estimates by $4.7 million. Margins are stabilizing, with an eight basis point expansion in net interest margin to 3.05%, leading to higher net interest and non-interest income. Asset quality improved, with a significant decrease in the provision for credit losses,...
Eastern Bankshares, Inc. (NASDAQ:EBC ) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants Bob Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Rosato - CFO Conference Call Participants Greg Zingone - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Seaport Research Partners Operator Hello, and welcome to the Eastern Bankshares, Inc. Fou...
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Andrew Hersom as Senior Vice President, Head of Investor Relations. Mr. Hersom brings over 19 years of investor relations experience. He joins Eastern Bank from Argo Group International Holdings where he was head of investor relations responsible for interfacing with the investment community. Prior to that, Mr. Hersom was Senior Vice P...
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce that for the eleventh consecutive year, it received a score of 100 on the Human Rights Campaign Foundation's 2025 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Eastern joins 765 U.S. businesses that also earned top m...
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