Eastern Bankshares Inc. Aktie News

Bank bond portfolios remained underwater in the first quarter and valuations have not improved much in the second quarter as fears of persistent inflation and budget deficits have pushed intermediate rates higher since the recent low point in early April. Many banks have been hesitant to take significant action in their bond portfolios amid market volatility that caused considerable swings in b...

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces Second Quarter 2025 Earnings Release Date, Conference Call and Webcast.

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Joseph Rodolfy as a Senior Vice President, Commercial Real Estate Relationship Manager. Mr. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis. “Joseph Rodolfy's lending background and formal training in credit analysis align strongly to our focus on delivering comprehensive co...

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 ...