Eastern Bank Announces Genuine Foods As An Asset-Based Lending Customer
Eastern Bank is pleased to announce Genuine Food Lab, LLC (Genuine Foods) as a new asset-based lending customer. Founded in 2013, Genuine Foods is a Boston-based foodservice management company that specializes in providing quality food for K–12 schools, higher education institutions, senior living communities and specialty venues across 16+ states. The company is committed to making fresh, high-quality school food and meals accessible to all and has delivered more than 16 million meals to public, independent and higher education academic institutions in the past year. Eastern Bank is providing a line of credit and full suite of treasury management services.
Eastern Bankshares, Inc. to Participate in the Barclays Global Financial Services Conference
Eastern Bankshares, Inc. (the “Company”) (
NASDAQ: EBC), the holding company for Eastern Bank, today announced that Denis Sheahan, Chief Executive Officer, and David Rosato, Chief Financial Officer, will participate in the Barclays 23rd Annual Global Financial Services Conference, including a fireside chat, on Monday, September 8, 2025 at 3:30 PM ET.
Eastern Bank (EBC) Stock Is Up, What You Need To KnowShares of regional banking company Eastern Bankshares (
NASDAQ:EBC) jumped 3.3% in the after-market session after the company's Chief Executive Officer, Denis K. Sheahan, purchased 29,762 shares.
2 Cash-Heavy Stocks to Own for Decades and 1 Facing HeadwindsCompanies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
First Merchants, First Interstate BancSystem, FB Financial, Enterprise Financial Services, and Eastern Bank Stocks Trade Up, What You Need To KnowA number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
2 Stocks Under $50 with Exciting Potential and 1 We Find RiskyStocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Eastern Bank, Dime Community Bancshares, Comerica, Columbia Banking System, and Coastal Financial Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping new tariffs fueled fears of an economic slowdown and an impending interest rate cut.
Denise LeMay Joins Eastern Bank As Senior Vice President, Head of Foreign Exchange and Derivative Sales, Commercial Banking
Eastern Bank is pleased to welcome Denise LeMay as Senior Vice President, Head of Foreign Exchange and Derivative Sales, Commercial Banking. Ms. LeMay brings over 25 years of experience advising commercial clients on interest rate risk management and structuring complex financial solutions through derivative products.
1 of Wall Street’s Favorite Stock to Keep an Eye On and 2 We Brush OffWall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Eastern Bank (EBC) Stock Trades Up, Here Is WhyShares of regional banking company Eastern Bankshares (
NASDAQ:EBC) jumped 3.3% in the afternoon session after the company reported strong second-quarter 2025 financial results that surpassed analyst expectations for both earnings and revenue.
Eastern Bank’s (NASDAQ:EBC) Q2: Beats On RevenueRegional banking company Eastern Bankshares (
NASDAQ:EBC) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 59% year on year to $244.9 million. Its non-GAAP profit of $0.41 per share was 7.9% above analysts’ consensus estimates.
Eastern Bankshares, Inc. Reports Second Quarter 2025 Financial Results
Eastern Bankshares, Inc. (the “Company”) (
NASDAQ: EBC), the holding company of Eastern Bank, today announced its second quarter 2025 financial results.
Eastern Bank (EBC) To Report Earnings Tomorrow: Here Is What To ExpectRegional banking company Eastern Bankshares (
NASDAQ:EBC) will be announcing earnings results this Thursday after market hours. Here’s what you need to know.
Eastern Bank Is Recognized By Disability:IN As A 2025 Best Place To Work For Disability Inclusion
Eastern Bank has been recognized for the second year in a row by Disability:IN as a Best Place to Work for Disability Inclusion on the 2025 Disability Index®. The Disability Index is the leading third-party benchmarking tool for evaluating corporate disability inclusion.
Eastern Bank Foundation Welcomes Eva A. Millona as New Foundation Fellow to Lead Career-Focused English Proficiency Initiative
Eastern Bank Foundation is pleased to announce Eva A. Millona has joined its team as a Foundation Fellow focused on the design, implementation, and promotion of a new Career-Focused English Proficiency Initiative (CFEPI) that will further the Foundation's work to support economic inclusion and mobility across the region. Eastern Bank Foundation Fellows bring deep expertise to the Foundation’s efforts to increase economic mobility and prosperity, especially for those who have not historically benefited from a robust regional economy.
3 Value Stocks in Hot WaterValue stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Eastern Bankshares, Inc. Announces Second Quarter 2025 Earnings Release Date, Conference Call and Webcast
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the following details regarding the report of the Company’s second quarter 2025 results:
3 Stocks Under $50 with Questionable FundamentalsStocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
EBC Q1 Deep Dive: Merger With HarborOne Highlights Shift Toward Scale and ProfitabilityRegional banking company Eastern Bankshares (
NASDAQ:EBC) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 130% year on year to -$47.22 million. Its non-GAAP profit of $0.34 per share was 3.8% above analysts’ consensus estimates.
Joseph Rodolfy Joins Eastern Bank As Senior Vice President, Commercial Real Estate Relationship Manager
Eastern Bank is pleased to welcome Joseph Rodolfy as a Senior Vice President, Commercial Real Estate Relationship Manager. Mr. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis.
1 Cash-Heavy Stock to Own for Decades and 2 to Keep Off Your RadarA surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
