UPDATE: Eastern Bankshares (EBC) Tops Q1 EPS by 7c
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Eastern Bankshares, Inc. Reports First Quarter 2021 Financial Results
April 29, 2021 4:17 PM EDTBOSTON--(BUSINESS WIRE)-- 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.
The quarter over quarter increase in... More
