UBS Asset Management Americas Inc. increased its holdings in Eastern Bankshares, Inc. (NASDAQ:EBC) by 405.0% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 143,790 shares of the companys stock after buying an additional 115,314 shares during the quarter. UBS Asset Management Americas Inc. owned about 0.08% []
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Eastern Bankshares, Inc. (EBC) CEO Bob Rivers on Q3 2021 Results - Earnings Call Transcript
Eastern Bankshares has been on a great run since going public, but still has a lot of excess capital it needs to work through.
This relatively new bank stock has strong fundamentals in its niche and may be undervalued at its current level.
Eastern Bankshares, Inc. (EBC) CEO Bob Rivers on Q2 2021 Results - Earnings Call Transcript
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Second Quarter 2021 Financial Results and Declares Quarterly Dividend
While continued low interest rates and muted loan growth are likely to have hindered HBAN, CFR, TFSL, EBC and COLB in Q2; credit quality improvement on economic recovery is a bright spot.
Eastern Bankshares (EBC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The acquisition, which comes six months after the buyer went public, will create a $22 billion bank in the Boston area.
Eastern Bankshares, a Boston-based mutual that is the country's largest of its kind, and Century Bancorp have entered into an agreement to merge companies, with an aggregate transaction value of $642
Merger and acquisition activity is starting to heat up again.

Why This Small Bank Stock Is Surging Today

11:59am, Thursday, 08'th Apr 2021
The bank last night announced an acquisition, representing a big shake-up in its local banking scene.
Eastern Bankshares (EBC) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
Eastern Bankshares' (EBC) CEO Bob Rivers on Q4 2020 Results - Earnings Call Transcript
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