Eastern Bankshares (EBC) Misses Q3 EPS by 8c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Eastern Bankshares (EBC) Misses Q3 EPS by 8c

Eastern Bankshares, Inc. Reports Third Quarter 2024 Financial Results

October 24, 2024 4:18 PM EDT

~ Company Announces a 9% Increase to Quarterly Dividend ~

BOSTON--(BUSINESS WIRE)-- Eastern Bankshares, Inc. (the Company) (NASDAQ: EBC), the holding company of Eastern Bank, today announced its 2024 third quarter financial results.

FINANCIAL HIGHLIGHTS

Net loss of $6.2 million included the initial provision on non-purchased credit deteriorated (non-PCD) loans of $40.9 million and merger-related charges of $30.5 million. Operating net income of $49.7 million, or 0.25 per diluted share. Merger EPS accretion and cost saves on track to exceed original estimates. Net interest margin on a fully tax equivalent (FTE)... More