Eastern Bankshares Inc (OQ:EBC)

Sector:  Financials Industry:  Banks
See Regulatory Filings on SEC
Company Contact
Address: 265 Franklin Street
Tel: N/A
Website: N/A
Key People
Robert F. Rivers
Chairman of the Board, Chief Executive Officer
Jan Allan Miller
Vice Chair, Chief Commercial Banking Officer of Eastern Bank
Quincy Lee Miller
President of Eastern Bank; Vice Chair of Eastern Bank Corporation
James B. Fitzgerald
Chief Financial Officer, Chief Administrative Officer, Treasurer
John Francis Koegel
President and Chief Executive Officer of Eastern Insurance Group LLC
Nancy Huntington Stager
President and Chief Executive Officer of the Eastern Bank Charitable Foundation; Executive Vice President, Eastern Bank
Kathleen Cloherty Henry
Executive Vice President, General Counsel, Corporate Secretary
Paul Garvin Alexander
Chief Marketing and Communications Officer of Eastern Bank
Steven Louis Antonakes
Executive Vice President - Enterprise Risk Management of Eastern Bank
Barbara Jane Heinemann
Executive Vice President - Consumer Banking of Eastern Bank
Business Overview
Eastern Bankshares, Inc. is a bank holding company of Eastern Bank. The Bank along with its wholly owned subsidiary Eastern Insurance Group LLC, provide a variety of banking, trust and investment and insurance services. It is a diversified commercial bank, providing a broad array of products and services to retail, commercial and small business customers. The Bank operate primarily in the greater Boston market with approximately 89 banking offices located in eastern Massachusetts and southern and coastal New Hampshire.
Financial Overview
For the six months ended 30 June 2021, EasternBankshares Inc interest income decreased 1% to $206.8M. Netinterest income after loan loss provision increased 5% to$208.6M. Net income increased from $38.3M to $82.5M. Netinterest income after loan loss provision reflects increasein interest earning assets and decrease in interest bearingliabilities. Net income benefited from Other decrease of77% to $3.5M (expense).
Employees: 407 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $412.05M as of Jun 30, 2021
EBITDA (TTM): $115.62M as of Jun 30, 2021
Net annual income (TTM): $66.92M as of Jun 30, 2021
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 186,758,154 as of Jun 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please subscribe. Our packages start at $1.00 plus tax for the first month.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.