Eastern Bankshares (EBC) Tops Q1 EPS by 4c

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Go back to Eastern Bankshares (EBC) Tops Q1 EPS by 4c

Eastern Bankshares, Inc. Reports First Quarter 2024 Financial Results

April 25, 2024 4:15 PM EDT

~ Receipt of Shareholder Approvals for the Merger with Cambridge ~
~ CFO James Fitzgerald Announces Upcoming Retirement ~

BOSTON--(BUSINESS WIRE)-- Eastern Bankshares, Inc. (the Company, or together with its subsidiaries, Eastern) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Bank, today announced its 2024 first quarter financial results and the declaration of a quarterly cash dividend.

On February 28, 2024, the Company and Cambridge Bancorp (Cambridge) each received shareholder approval for the previously announced all-stock merger of Cambridge with and into Eastern (the merger). The merger is anticipated to... More