Eastern Bankshares (EBC) Reports In-Line Q2 EPS

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Eastern Bankshares, Inc. Reports Second Quarter 2023 Financial Results

July 27, 2023 4:15 PM EDT

~ Strong Margin Expansion the Result of the Prior Quarters Balance Sheet Repositioning ~

~ Cash Raised in the Securities Sale Will Continue to Enhance the Companys Financial Position ~

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 2023 second quarter financial results and the declaration of a quarterly cash dividend.

FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER OF 2023

Total revenue of $195.4... More