Wednesday, February 24, 2021 12:08:42 PM
Another analyst, Seaport Global, now piling on board with JPM and the like with a $19 projection.
What's happened since the $10 subscription price in October? This BORING bank, the biggest in Massachusetts among demutualized peers, is now trading at $17.71/share, not a bad move for those who subscribed at $10, or who bought at $12 when I started this board.
Ho hum. Widows and orphans only. Hot money types need not apply.
FYI/ March 2 is the Ex-date for the inital quarterly dividend. Six cents not a big deal, but you know that will grow as they pare down the efficiency ratio of over 50%, a relic from mutual bank culture.
The insurance / benefit subsidiary is a nice compliment to a conservative banking operation, which hardly burped during COVID days.
Good luck to all. I'm not going to pursue this further on iHub unless there is interest and intelligent contribution from others.
Recent EBC News
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/20/2024 05:30:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 09:40:34 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/04/2024 10:12:00 PM
- Eastern Bank Announces Senior Leadership Appointments • Business Wire • 09/04/2024 05:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 06:02:19 PM
- Eastern Bank Is Recognized By Disability:IN® as a 2024 Best Place to Work for Disability Inclusion • Business Wire • 07/31/2024 04:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 08:17:53 PM
- Eastern Bankshares, Inc. Reports Second Quarter 2024 Financial Results • Business Wire • 07/25/2024 08:15:00 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/15/2024 12:25:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/15/2024 12:24:01 PM
- Eastern Bankshares, Inc. Announces Successful Merger With Cambridge Bancorp, And Names David Rosato New Chief Financial Officer • Business Wire • 07/15/2024 12:00:00 PM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 07/11/2024 09:23:24 PM
- Eastern Bankshares, Inc. Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast • Business Wire • 07/03/2024 02:59:00 PM
- Eastern Bankshares, Inc. Announces Newly Appointed Members To Its Board of Directors • Business Wire • 07/01/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 12:30:33 PM
- Eastern Bankshares, Inc. And Cambridge Bancorp Announce Regulatory Approvals Received To Merge • PR Newswire (US) • 05/28/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 08:14:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 08:12:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 08:05:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 08:05:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:05:45 PM
- Eastern Bank Provides Financing for Capstan Atlantic’s Conversion to an Employee-Owned Company • Business Wire • 05/14/2024 03:33:00 PM
- Eastern Bankshares, Inc. Reports First Quarter 2024 Financial Results • Business Wire • 04/25/2024 08:15:00 PM
- Eastern Bankshares, Inc. Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast • Business Wire • 04/04/2024 02:34:00 PM
- Eastern Bank Announces DPV Transportation (DPV) As A Commercial Banking Customer • Business Wire • 03/06/2024 04:45:00 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM