Latest news with #EasternBankshares
Yahoo
02-06-2025
- Business
- Yahoo
Best Income Stocks to Buy for June 2nd
Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 2nd: Alexander's ALX: This real estate investment trust which is engaged in leasing, managing, developing and redeveloping properties, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days. Alexander's, Inc. price-consensus-chart | Alexander's, Inc. Quote This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8%, compared with the industry average of 5.2%. Alexander's, Inc. dividend-yield-ttm | Alexander's, Inc. Quote Horace Mann Educators HMN: This multiline insurance holding company that targets the US educator markets, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.6% over the last 60 days. Horace Mann Educators Corporation price-consensus-chart | Horace Mann Educators Corporation Quote This Zacks Rank #1 company has a dividend yield of 3.2%, compared with the industry average of 1.8%. Horace Mann Educators Corporation dividend-yield-ttm | Horace Mann Educators Corporation Quote Eastern Bankshares EBC: This commercial banking products and services company which primarily serves to retail, commercial and small business customers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.4% over the last 60 days. Eastern Bankshares, Inc. price-consensus-chart | Eastern Bankshares, Inc. Quote This Zacks Rank #1 company has a dividend yield of 3.2%, compared with the industry average of 2.9%. Eastern Bankshares, Inc. dividend-yield-ttm | Eastern Bankshares, Inc. Quote See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Horace Mann Educators Corporation (HMN) : Free Stock Analysis Report Alexander's, Inc. (ALX) : Free Stock Analysis Report Eastern Bankshares, Inc. (EBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
29-05-2025
- Business
- Yahoo
Best Income Stocks to Buy for May 29th
Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 29th: Alexander's ALX: This real estate investment trust which is engaged in leasing, managing, developing and redeveloping properties, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days. Alexander's, Inc. price-consensus-chart | Alexander's, Inc. Quote This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8.2%, compared with the industry average of 5.2%. Alexander's, Inc. dividend-yield-ttm | Alexander's, Inc. Quote Intesa Sanpaolo ISNPY: This new banking group which provides various financial products and services primarily in Italy, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 2.4% over the last 60 days. Intesa Sanpaolo SpA price-consensus-chart | Intesa Sanpaolo SpA Quote This Zacks Rank #1 company has a dividend yield of 5.1%, compared with the industry average of 3.7%. Intesa Sanpaolo SpA dividend-yield-ttm | Intesa Sanpaolo SpA Quote Eastern Bankshares EBC: This company which provides commercial banking products and services primarily to retail, commercial and small business customers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.4% over the last 60 days. Eastern Bankshares, Inc. price-consensus-chart | Eastern Bankshares, Inc. Quote This Zacks Rank #1 company has a dividend yield of 3.2%, compared with the industry average of 2.9%. Eastern Bankshares, Inc. dividend-yield-ttm | Eastern Bankshares, Inc. Quote See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intesa Sanpaolo SpA (ISNPY) : Free Stock Analysis Report Alexander's, Inc. (ALX) : Free Stock Analysis Report Eastern Bankshares, Inc. (EBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
HarborOne, Eastern Bankshares seal $490m merger deal
Eastern Bankshares and HarborOne Bancorp have signed a definitive agreement to merge, with the transaction valued at around $490m. This will see HarborOne merge with and into Eastern in cash-stock deal. The completion of the merger is anticipated in the fourth quarter (Q4) of 2025, contingent on customary conditions such as regulatory approvals and shareholder consent from HarborOne. All directors and executive officers of HarborOne have committed to supporting the merger. Following the merger, Joseph Casey and another director from HarborOne are expected to join Eastern's board of directors. Eastern Bankshares operates as the holding company for Eastern Bank, which has been serving Greater Boston since 1818 and currently operates 109 branches across eastern Massachusetts, southern and coastal New Hampshire, Rhode Island, and Connecticut. As of 31 March 2025, Eastern Bank reported assets totalling approximately $25bn and offers a comprehensive range of banking and wealth management services. Eastern Bankshares and Eastern Bank CEO Denis Sheahan said: 'Importantly, it is a financially compelling transaction with 16% earnings accretion and a tangible book value earnback of 2.8 years. There are clear opportunities to generate higher returns, improve operating efficiency, and deliver sustained value to shareholders.' HarborOne Bancorp is the holding company for HarborOne Bank, which operates 30 full-service banking centres in Massachusetts and Rhode Island. The bank provides financial services to consumers, businesses, and municipalities, and offers educational resources through its 'HarborOne U' initiative. Additionally, HarborOne Mortgage, a subsidiary of HarborOne Bank, provides mortgage services across New England and beyond. HarborOne president and CEO Joseph Casey said: 'Partnering with Eastern brings further scale, resources, and innovation to deliver long-term value and enhanced banking experiences to our customers and local communities. We look forward to building upon the legacy forged by HarborOne for over a century.' "HarborOne, Eastern Bankshares seal $490m merger deal" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
Eastern Bankshares, Inc. Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast
BOSTON, April 03, 2025--(BUSINESS WIRE)--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 first quarter 2025 results: Earnings Release: Thursday, April 24, 2025 after the market close Conference Call: Friday, April 25, 2025 at 9:00 AM Eastern Time Join by Telephone: Toll-Free Dial-In Number: (800) 549-8228 Conference ID: 70523 Webcast: The conference call will be simultaneously webcast. Participants may join the webcast on the Company's Investor Relations website at A replay of the webcast will be made available on demand on this site. About Eastern Bankshares, Inc. Eastern Bankshares, Inc. is the holding company for Eastern Bank. Founded in 1818, Eastern Bank is Greater Boston's leading local bank with more than 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticut. As of December 31, 2024, Eastern Bank had approximately $25.6 billion in assets. Eastern provides a full range of banking and wealth management solutions for consumers and businesses of all sizes including through its Cambridge Trust Wealth Management division, the largest bank-owned independent investment advisor in Massachusetts with approximately $8.3 billion in assets under management, and takes pride in its outspoken advocacy and community support that includes more than $240 million in charitable giving since 1994. An inclusive company, Eastern is comprised of deeply committed professionals who value relationships with their customers, colleagues and communities. For investor information, visit View source version on Contacts Investor contact: Andrew HersomEastern Bankshares, 860-707-4432 Media contact: Andrea GoodmanEastern 781-598-7847 Sign in to access your portfolio
