Eastern Bankshares (EBC) Misses Q3 EPS by 2c

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Go back to Eastern Bankshares (EBC) Misses Q3 EPS by 2c

Eastern Bankshares, Inc. Reports Third Quarter 2022 Financial Results

October 27, 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 third quarter financial results and the declaration of a quarterly cash dividend. Net income for the third quarter of 2022 was $54.8 million, or $0.33 per diluted share, compared to net income of $51.2 million, or $0.31 per diluted share, reported for the second quarter of 2022. Operating net income* for the third quarter of 2022 was $55.7 million, or $0.34 per diluted share, compared to $52.5... More