Eastern Bankshares (EBC) Tops Q3 EPS by 1c

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Go back to Eastern Bankshares (EBC) Tops Q3 EPS by 1c

Eastern Bankshares, Inc. Reports Third Quarter 2021 Financial Results

October 28, 2021 4:14 PM EDT

Company Announces Intent to Adopt Share Repurchase Program and Declares Quarterly Cash Dividend

BOSTON--(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 its 2021 third quarter financial results, the declaration of a quarterly cash dividend of $0.08 per share, and the intent to adopt a share repurchase program. Net income for the third quarter of 2021 was $37.1 million, or $0.22 per share, compared to net income of $34.8 million, or $0.20 per share, reported for the second... More