Eastern Bankshares Inc. Stock News

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Karl-Henry Francois as a Senior Vice President, Commercial Banking Relationship Manager. Mr. Francois brings more than 20 years of banking experience, including 18 years of experience providing a comprehensive range of lending solutions for middle market commercial businesses. “Karl-Henry Francois brings a strong background in serving ...

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce Tobin Scientific, a leading provider of ambient and cold GMP storage, biorepository services and specialized logistics for the life sciences industry, as a new commercial banking customer. Eastern Bank is providing Tobin Scientific with a full-service banking relationship that includes financing as well as deposit and treasury service...

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome David Ciolfi as a Senior Vice President, Team Lead for Business Development with Cambridge Trust Private Banking, a Division of Eastern Bank. Mr. Ciolfi has over two decades of experience in financial and investment advisory services across private banking and wealth offerings. “David Ciolfi brings an entrepreneurial mindset and deep u...

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HarborOne Bancorp (NasdaqGS: HONE) to Eastern Bankshares, Inc. (NasdaqGS: EBC). Under the terms of the proposed transaction, shareholders of HarborOne may elect to receive either 0.765 shares of Eastern...

Like the wider space, Boston-based Eastern Bankshares has been up and down since my last piece, with recent economic concerns undoing the stock's post-election rally. Eastern recently reported first quarter results. Although the headline figures look messy, this was driven by a balance sheet repositioning, and core trends were better. The stock continues to look cheap, trading for less than 9x ...

Eastern Bankshares, Inc. (NASDAQ:EBC ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants Robert Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Rosato - CFO Conference Call Participants Damon DelMonte - KBW Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Partners Operator Welcome to the Eastern Bankshares, Inc. First Quar...

NEW YORK , April 25, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by HarborOne Bancorp, Inc. (NASDAQ: HONE) and its board of directors concerning the proposed acquisition of the company by Eastern Bankshares, Inc. (NASDAQ: EBC). Stockholders will receive $12.00 in cash or 0.765 shares of Eastern Bankshares common stock for each share of HarborOne Ban...

Eastern Bankshares will acquire HarborOne Bancorp in a stock and cash deal valued at $490 million, the lenders said on Thursday, as bank consolidation gains traction in an uncertain market.