Eastern Bankshares Inc. Stock News

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.

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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The bank is returning to its more normal level of earnings, and it has a low-cost deposit base and practically no charge-offs.

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