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Eastern Bankshares, Inc.
EBCFinancial ServicesNASDAQUS
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[url="]Eastern Bank[/url] today announced it has provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, indepe
BOSTON--(BUSINESS WIRE)--Eastern Bank today announced it has provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP), a revolving line of credit to support the company's ongoing working capital needs, cash management solutions, as well as the availability of a comprehensive.
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce it has led the financing of Wood Partners' Alta Altitude housing project, a 214-unit luxury, 100% market-rate apartment development in Warwick, RI. Eastern provided a $31 million construction loan for the project, which is located within the City of Warwick's City Centre, a 95-acre Master Plan that calls for more than 1.5 million square feet of office, retail, hotel, commercial and residential space. The luxury property includes high-.
On May 20, 2026, Eastern Bankshares Inc (EBC) shares rose 3.2% to a current price of $19.84. This price is within a 52-week range of $14.10 to $22.58. The recen
Organon (NYSE: OGN), a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day, will present data acros
Eastern Bankshares is upgraded to a very soft 'Buy' following its merger with HarborOne Bancorp and improved forward outlook. EBC's Q1 2026 results show substantial growth in deposits, loans, and assets under management, with net profit rebounding to $65.3 million. Management projects 2026 net income of ~$408 million, implying a price-to-earnings multiple of 11, below peers, and supporting relative value.
BOSTON--(BUSINESS WIRE)--Eastern Bank today announced a key leadership update within its Commercial Lending Team. Senior Vice President Yongmei Chen has been promoted to Commercial Group Director of Community Development Lending. She succeeds Pamela Feingold, who served in the role until her passing on March 16, 2026. Ms. Chen is a long-tenured Eastern commercial lending leader with over 30 years of banking experience, and has held numerous leadership positions since joining Eastern in 2007. Sh.
Eastern Bankshares, Inc. (EBC) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for Eastern Bankshares (EBC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.34 per share a year ago.
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports First Quarter 2026 Financial Results.
Evaluate the expected performance of Eastern Bankshares (EBC) for the quarter ended March 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Eastern Bankshares (EBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces First Quarter 2026 Earnings Release Date, Conference Call and Webcast.
BOSTON--(BUSINESS WIRE)--Eastern Bank today announced that Jennifer Wambold, Senior Vice President of Total Rewards and Benefits, has been promoted to Executive Vice President, Chief People Officer and appointed to Eastern's Management Committee. Ms. Wambold joined Eastern in 2025 to lead compensation, benefits and recognition strategies that support Eastern's talent objectives. In her expanded role, she will continue to report to and work on workforce initiatives with Executive Vice President.
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce financing for 775 Huntington Avenue, a new mixed-income residential development located in the Mission Hill neighborhood of Boston. Sponsored by Roxbury Tenants of Harvard (RTH), the project will create 55 mixed-income homeownership units, comprised of 27 affordable homes and 28 market‑rate homes, and 57 affordable rental units within a new 13‑story building that also includes commercial space and structured parking. Eastern is servin.
Eastern Bankshares (NASDAQ: EBC - Get Free Report) and Horizon Bancorp (IN) (NASDAQ: HBNC - Get Free Report) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, profitability, institutional ownership, risk, dividends and earnings. Dividends Eastern Bankshares pays an annual dividend
