Eastern Bankshares (EBC) Tops Q2 EPS by 3c

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Eastern Bankshares, Inc. Reports Second Quarter 2022 Financial Results

July 28, 2022 4:15 PM EDT

Company 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 2022 second quarter financial results and the declaration of a quarterly cash dividend. Net income for the second quarter of 2022 was $51.2 million, or $0.31 per diluted share, compared to net income of $51.5 million, or $0.30 per diluted share, reported for the first quarter of 2022. Operating net income* for the second quarter of 2022 was $52.5 million, or $0.32 per diluted share, compared to $55.1... More