Is Eastern Bank Stock A Good Buy?

Is eastern bankshares stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NASDAQ: EBC) stock is to Strong Buy EBC stock.

Is EBC a good stock?

Eastern Bankshares has received a consensus rating of Buy The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Does Eastern Bank pay a dividend?

Does Eastern Bankshares pay dividends? Yes, EBC has paid a dividend within the past 12 months.

Is Eastern Bank a mutual bank?

Announces Completion Of Mutual To Stock Conversion And Stock Offering Boston, MA, October 14, 2020 – Eastern Bankshares, Inc.

Who will buy Eastern Bank?

  • Dear Valued Customer, We are writing to let you know that century bank and Eastern Bank recently received regulatory approval to become one bank under the Eastern Bank name
  • Member FDIC
  • Welcome.
  • Frequently Asked Questions.

Is Eastern Bank a good bank?

Eastern Bank has an A+ health rating.

Did eastern bank get bought out?

Eastern and Century had announced the transaction on April 7, 2021. The acquisition is effective today, November 12, 2021 , after the close of business, and Century shareholders will receive $115.28 in cash for each share of Century’s common stock.

Is Eastern Bank a real bank?

Founded in 1818 and headquartered in Boston, we have combined prudent management with well-timed acquisitions to evolve from a modest savings bank to a full-service commercial bank to meet your financial needs.

When did eastern bank go public?

The bank’s IPO occurred in October 2020.

When was Eastern Bank established?

August 8, 1992 Incorporated. August 16, 1992 Commenced banking operations. March 20, 1993 Listed with Dhaka Stock Exchange Ltd.

Is Eastern Bank buying Century Bank?

Eastern Bankshares, the stock holding company for Eastern Bank, completed its acquisition of Century Bancorp, the stock holding company for Century Bank and trust company. The transaction is valued at approximately $642 million.

Is Century Bank being sold?

The sale is contingent on the finalization of the Eastern-Century merger Eastern announced plans in April to acquire Century (Nasdaq: CNBKA) for $642 million. It said last week that the merger had received regulatory approvals, with the deal expected to close in mid-November.

Is Rockland Trust a good bank?

Forbes 2020 World’s best banks lists rockland trust as #1 Massachusetts Bank Hanover, MA (July 6, 2020) – Rockland Trust has announced their ranking as the #1 bank in Massachusetts according to Forbes’ 2020 World’s Best Banks list (Opens in a new Window).

Is Citizen Bank a good bank?

Overall bank rating The bottom line: Citizens Bank is a large regional bank in the Northeast, Midwest and in Florida with a network of free ATMs and branches. Its rates on savings and CDs are mostly low, and overdraft fees are high.

Who acquired East Boston Savings Bank?

(Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the closing of its acquisition of Meridian Bancorp, Inc. , parent of East Boston Savings Bank, and Rockland Trust’s acquisition of East Boston Savings Bank.

Can you Zelle with Eastern Bank?

Eastern Bank is excited to offer Zelle ® —a great way to send money in minutes 1 to almost anyone you know and trust who has a bank account in the United States.

How does Zelle send money?

Once you’re enrolled with Zelle®, all you need is an email address or U.S. mobile phone number to send money to friends and family straight from your banking app From your kid’s babysitter to your college bestie, Zelle® can be used to send money to almost anyone you know and trust with a bank account in the U.S.

What happened Century Bank?

Under the terms of an Agreement and Plan of Bank Merger dated as of April 7, 2021, Century Bank will merge with and into Eastern Bank (Bank Merger) under the charter, bylaws, and name of Eastern Bank (Continuing Institution).


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