Exhibit 99.1 Eastern Bankshares, Inc. Reports First Quarter 2024 Financial Results ~ Receipt of Shareholder Approvals for the Merger with Cambridge ~ ~ CFO James Fitzgerald Announces Upcoming Retirement ~ BOSTON, April 25, 2024 (BUSINESS WIRE) — Eastern Bankshares, Inc. (the “Company,” or together with its subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Bank, today announced its 2024 first quarter financial results and the declaration of a quarterly cash div ...

The market expects Eastern Bankshares, Inc. (EBC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 25, 2024, might help the stock move higher if these key nu ...

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce global ground transportation company DPV Transportation, Inc. (DPV) as a new commercial banking customer. Headquartered in Everett, MA, DPV is the largest certified minority-owned ground transportation business in New England operating a fleet of over 80 vehicles from Greater Boston to New York and employing hundreds of people. After working with Eastern Bank as a small business banking customer during its start-up, DPV is now transitioning to the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-K _____________________________________________ (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-39610 ___________________________ Eastern Bankshares, Inc. (Exact name of t ...

Eastern Bankshares, Inc. (NASDAQ:EBC) Q4 2023 Earnings Conference Call January 26, 2024 9:00 AM ET Company Participants Bob Rivers - Chairman and Chief Executive Officer Jim Fitzgerald - Chief Financial Officer, Chief Administrative Officer and Treasurer Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Partners Damon DelMonte - KBW Operator Hello, and welcome to Eastern Bankshares Inc. Fourth Quarter 2023 Earnings Conference Call. Today's call will include for ...

REIT (C&I) $194 Asset Based Lending CRE C&I Security Alarm Other $243 $97 $109 $60 Geographic location | --- | --- | --- | |------------------------------------|---------|---------------------------| | State | Balance | Percent of SNC Portfolio | | Massachusetts | | $ 355.0 50.5 % | | Connecticut 58.6 8.3 % | | | | Pensylvania 31.4 4.5 % | | | | Colorado 44.4 6.3 % | | | | New York 43.7 6.2 % | | | | All Other States (10) 169.7 24.2 % | | | | Total | | $ 702.8 100.0 % | Loan composition • Shared National Cr ...

Eastern Bankshares, Inc. (EBC) reported $160.05 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 17.7%. EPS of $0.10 for the same period compares to $0.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $153.53 million, representing a surprise of +4.24%. The company delivered an EPS surprise of -52.38%, with the consensus EPS estimate being $0.21.While investors closely watch year-over-year changes in headline numbers -- revenue and ...

Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -52.38%. A quarter ago, it was expected that this company would post earnings of $0.29 per share when it actually produced earnings of $0.32, delivering a surprise of 10.34%.Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-39610 ___________________________ Eastern Bankshares, Inc. (Exact ...

Eastern Bankshares Inc (NASDAQ:EBC) Q3 2023 Results Conference Call October 27, 2023 9:00 AM ET Company Participants Bob Rivers - Chairman and CEO Jim Fitzgerald - CFO, Chief Administrative Officer and Treasurer Conference Call Participants Mark Fitzgibbon - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Spark Research Partners Operator Hello, and welcome to Eastern Bankshares Inc Third Quarter 2023 Earnings Conference Call. Today's call will include forward-looking statements, including statements a ...