Eastern Bankshares Inc (OQ:EBC)

Jun 08, 2021 01:26 pm ET
Eastern Bank Welcomes Boston Warehouse Trading Corp. as a Commercial Customer
Eastern Bank is pleased to announce Boston Warehouse Trading Corp. as a new commercial banking customer. Founded in 1974 as a small warehouse importing colorful textiles and ceramics from Europe, today Boston Warehouse sources products from across the globe and provides creative gifts, housewares and home décor to independent retailers, larger specia
May 17, 2021 01:56 pm ET
Eastern Bank’s Foundation Announces Expansion Of Its Work
The Foundation and philanthropic arm of Boston-based Eastern Bank today announced an expanded approach to its work including:
May 03, 2021 04:47 pm ET
Eastern Bankshares, Inc. Announces Intent to Declassify Its Board of Directors
Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Bank, today announced a plan to declassify the Company’s Board of Directors (“Board”), from three classes of directors to a single class. Following a recommendation by its Nominating and Governance Committee, the Board plans to propose an amendment to the Company’s Articles of Organization (“Charter”) to declassify the Board over a five (5) year period. The Board then intends to seek the approval of the Company’s sharehol
May 03, 2021 12:19 pm ET
Eastern Insurance Group LLC Acquires Assets of Barr Insurance Agency, Inc.
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced to
Apr 29, 2021 04:17 pm ET
Eastern Bankshares, Inc. Reports First Quarter 2021 Financial Results
Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Bank, today announced 2021 first quarter financial results. Net income for the first quarter of 2021 was $47.7 million, or $0.28 per share, compared to a net loss of $44.1 million, or $0.26 per share, reported for the fourth quarter of 2020. Operating net income* for the first quarter of 2021 was $46.5 million, or $0.27 per share, compared to $31.6 million, or $0.18 per share, reported for the fourth quarter of 2020.
Apr 25, 2021 02:00 am ET
Lifshitz Law Firm, P.C. Announces Investigation of BFTL, EBC, KTYB and MFNC
The Bank of Fincastle (OTC: BFTL) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of BFTL to FXNC for approximately $3.30 per share. If you are a investor, and would like...
Apr 09, 2021 11:21 am ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Century Bancorp, Inc. Buyout
Rigrodsky Law, P.A. announces that it is investigating Century Bancorp, Inc. (“Century Bancorp”) (NASDAQ GS: CNBKA) regarding possible breaches of fiduciary duties and other violations of law related to Century Bancorp’s agreement to be acquired by...
Apr 08, 2021 11:53 am ET
CENTURY BANCORP ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of CNBKA and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Century Bancorp, Inc. (NASDAQ: CNBKA) breached their fiduciary duties or violated the federal...
Apr 07, 2021 08:03 pm ET
Eastern Bankshares, Inc. and Century Bancorp, Inc. Enter Into Definitive Agreement To Merge
Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), today jointly announced they have entered into a definitive all-cash merger agreement with an aggregate transaction value of $642 million. This in-market transaction comes less than six months after Eastern’s initial public offering that raised approximately $1.7 billion in equity capital.
Apr 06, 2021 02:58 pm ET
Eastern Bankshares, Inc. Announces First Quarter 2021 Earnings Release Date, Conference Call and Webcast
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the following details regarding the report of the Company’s first quarter 2021 results:
Apr 01, 2021 03:14 pm ET
Eastern Insurance Group LLC Acquires Assets of NorthBridge Insurance Agency, Inc.
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced to
Mar 25, 2021 11:40 am ET
Eastern Bank Announces Promotion of Martha A. Dean to Executive Vice President of Operations
Eastern Bank is pleased to announce the promotion of Martha A. Dean to Executive Vice President of Operations. Ms. Dean’s versatile background spans operations, risk management, compliance and technology, among other areas. She will continue to report to Donald M. Westermann, Executive Vice President and Chief Information Officer.
Mar 17, 2021 02:56 pm ET
Eastern Bankshares, Inc. Added To The KBW Nasdaq Regional Banking Index
Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced that the Company has been added to the KBW Nasdaq Regional Banking Index (Index Ticker: KRX) as part of the first quarter 2021 index rebalancing. The addition will be effective prior to the opening of business on Monday, March 22, 2021.
Feb 04, 2021 02:02 pm ET
Eastern Bank Earns 100 For 8th Consecutive Year in Human Rights Campaign Foundation’s 2021 Corporate Equality Index
For the eighth consecutive year, Eastern Bank, including its Eastern Insurance Group subsidiary, is pleased to announce that it received a score of 100 on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ w
Jan 28, 2021 11:55 pm ET
Eastern Bankshares, Inc. Reports Fourth Quarter 2020 Financial Results
Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Bank, today announced 2020 fourth quarter financial results and the initiation of a quarterly cash dividend.
Jan 05, 2021 11:38 am ET
Eastern Bankshares, Inc. Announces Fourth Quarter and Fiscal Year 2020 Earnings Release Date, Conference Call and Webcast
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the following details regarding the report of the Company’s fourth quarter and fiscal year 2020 results:
Dec 28, 2020 03:49 pm ET
Annual Community Support From The Eastern Bank Charitable Foundation Exceeds $22 Million, An All-Time High
Eastern Bank Charitable Foundation (EBCF), the philanthropic arm of Eastern Bank, today announced its annual community support is expected to exceed $22 million, an all-time high, by the end of 2020. This includes an additional $3 million philanthropic investment to help address the impact of COVID-19 in the communities Eastern Bank serves. Added to the
Dec 21, 2020 05:25 pm ET
Eastern Bankshares, Inc. Added To The Russell 2000® and Russell 3000® Indexes
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, today announced that the Company has been added to the U.S. small-cap Russell 2000® Index and the U.S. broad-market Russell 3000® Index, as well as the appropriate growth and value style indexes. The Russell index changes were effective upon the opening of the U.S. stock market today, December 21, 20
Dec 16, 2020 02:30 pm ET
Eastern Bank Welcomes Alarm Detection Systems, Inc. As A Commercial Customer
Eastern Bank is pleased to announce Alarm Detection Systems, Inc. as a new commercial banking customer. Family owned and operated since it was founded in 1968, Illinois-based Alarm Detection Systems (ADS) is one of the largest security companies in the United States according to rankings by SDM Magazine and offers both business and home security syst
Dec 14, 2020 03:32 pm ET
Eastern Bank Welcomes Curate Partners As An Asset Based Lending Customer
Eastern Bank is pleased to announce Curate Partners LLC and its subsidiaries Curate Partners LLC, II and Curate Insights, LLC as new asset based lending customers in its Commercial Banking Division. Founded in 2014, Curate Partners is a specialized recruitment and consulting agency helping organizations achieve digital transformation. Eastern is prov
Dec 03, 2020 03:41 pm ET
Eastern Bank Named #1 SBA Lender in Massachusetts for the 12th Year in a Row, and in New England for the 11th Year in a Row
Eastern Bank has been named by the U.S. Small Business Administration (SBA) as one of the top lenders to small businesses for SBA 7(a) and 504 loans. Eastern Bank ranked as the No. 1 U.S. Small Business Administration (SBA) lender in Massachusetts for the 12th consecutive year. Eastern is also the No. 1 SBA lender in New England for the 11th consecut
Dec 01, 2020 10:15 am ET
Eastern Insurance Group LLC Acquires Assets Of Campbell, Flaherty & Ring Insurance Agency, Inc.
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced to
Nov 19, 2020 01:19 pm ET
Greg Buscone, Eastern Bank Executive Vice President, Senior Commercial Banking Officer, Joins BDC Capital Board of Directors
Eastern Bank is pleased to announce that Greg Buscone, Executive Vice President, Senior Commercial Banking Officer, has joined the Board of Directors of
Nov 18, 2020 01:26 pm ET
Eastern Bank Welcomes Alarm New England As A Commercial Customer
Eastern Bank is pleased to announce Alarm New England as a new commercial banking customer. Founded in 1972, Alarm New England is a family owned and operated provider of innovative security solutions and technology. Eastern is providing banking solutions to meet Alarm New England’s financing needs. This includes a revolving line of credit for working
Nov 10, 2020 01:58 pm ET
Eastern Bank Honors Community Trailblazer Robert Lewis, Jr. With 2020 Social Justice Award
Eastern Bank Charitable Foundation is pleased to announce it has honored Robert Lewis, Jr., the Founder and President of
Oct 30, 2020 12:35 pm ET
Eastern Bank Announces Executive Leadership Changes
Eastern Bank, a provider of banking, insurance and investment products and services, announced today that Nancy Huntington Stager will be moving full-time into her role as President and Chief Executive Officer of the Eastern Bank Charitable Foundation, while remaining on Eastern’s Management Committee, and Kathleen C. Henry will be taking on the responsibility of Chief Human Resources Officer, in addition to her responsibilities as General Counsel and Corporate Secretary of Eastern Bankshares, Inc. and Eastern Bank.
Oct 29, 2020 04:51 pm ET
Eastern Bankshares, Inc. Announces Availability Of Third Quarter 2020 Earnings Results
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, plans to file its Quarterly Report on Form 10-Q, which will contain its financial results for the third quarter of 2020, on or about November 16, 2020. The Company does not plan to issue a press release or hold a conference call in connection with its financial results for the period. On October 14, 2020, the Company completed the conversion of Eastern Bank’s prior holding company Eastern Bank Corporation from the mutual to stock form of organizatio
Oct 21, 2020 10:10 am ET
Eastern Insurance Group LLC Expands Capabilities With Acquisition Of Auburn Insurance Agency, Inc.
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced today that it acquired the assets of the Auburn Insurance Agency, Inc., a full-service, family-owned insurance agency based in Massachusetts.
Oct 14, 2020 11:58 am ET
Eastern Bankshares, Inc. Announces Completion Of Mutual To Stock Conversion And Stock Offering
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, announced that today it has completed the mutual-to-stock conversion of Eastern Bank Corporation and the offering of common stock of the Company. The results of the stock offering were previously reported in a press release dated October 9, 2020.
Aug 18, 2020 05:22 pm ET
Eastern Bank Announces Commencement of Stock Offering
Eastern Bank announced today that Eastern Bankshares, Inc. (the “Company”), the proposed stock holding company of Eastern Bank, is commencing its stock offering in connection with Eastern’s conversion from the mutual holding company structure to the stock holding company form of organization. Eastern Bank also announced that the registration statement for the sale of the Company’s common stock has been declared effective by the Securities and Exchange Commission.

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