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Big Fed Rate Hike a Boon for These 5 Bank Stocks

09:47am, Thursday, 22'nd Sep 2022
As Fed pledges more rate hikes to curb inflation, UMB Financial (UMBF), BCB Bancorp NJ (BCBP), Eastern Bankshares (EBC), S&T Bancorp (STBA) and Dime Community Bancshares (DCOM) are poised to gain.
Eastern Bankshares, Inc. (EBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term
Eastern Bankshares (EBC) announces a new share repurchase program. This, along with regular quarterly dividend payouts, will continue to enhance shareholder value.

New Strong Buy Stocks for September 1st

09:18am, Thursday, 01'st Sep 2022
EBC, FHB, UBSI, ARCC and CGBD have been added to the Zacks Rank #1 (Strong Buy) List on September 1, 2022.
Eastern Bankshares, Inc. (EBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
This bank stock just has a high valuation on paper.
Eastern Bankshares, Inc. (NASDAQ:EBC ) Q2 2022 Earnings Conference Call July 29, 2022 9:00 AM ET Company Participants Bob Rivers - Chair and CEO Jim Fitzgerald - Chief Administrative Officer and Chief
Eastern Bankshares, Inc. (EBC) delivered earnings and revenue surprises of 10.34% and 0.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces Second Quarter 2022 Earnings Release Date, Conference Call and Webcast.
Eastern Bankshares, Inc. (EBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term
Eastern Bankshares, Inc. (NASDAQ:EBC ) Q1 2022 Earnings Conference Call April 29, 2022 9:00 AM ET Company Participants Bob Rivers - Chairman and Chief Executive Officer Jim Fitzgerald - Chief Administ
This stock will see revenue rise with higher interest rates and has been growing its dividend as well.
Eastern Insurance, wholly owned subsidiary of Eastern Bank which is the stock holding company of Eastern Bankshares <>, acquired the operating assets of Michals Insurance…
We had total assets of $23.5 billion and $16.0 billion at December 31, 2021 and 2020, respectively. We are subject to comprehensive regulation and examination by the Massachusetts Commissioner of Banks, the Federal Deposit Insurance Corporation, the Federal Reserve Board and the Consumer Financial Protection Bureau. We manage our business under two… The post EASTERN BANKSHARES, INC. – 10-K – MANAGEMENT''S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS appeared first on InsuranceNewsNet .
With an aim to tame the red-hot inflation, the Fed is expected to announce bigger interest rate hike. Thus, banks like Signature Bank (SBNY), Washington Federal (WAFD) and Eastern Bankshares (EBC) wil
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