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Eastern Bankshares ( (EBC) ) just unveiled an announcement.
Eastern Bankshares, Inc., a leading independent Boston-based bank, is set to showcase its strengths at the Piper Sandler 2024 East Coast Financial Services Conference. The bank boasts a robust market presence with $25.5 billion in total assets and significant deposits, highlighting its strategic focus in Greater Boston. The bank’s wealth management arm, Cambridge Trust, stands out as a top investment advisor in Massachusetts, managing $8.4 billion in assets. Recent mergers have bolstered Eastern’s financials, offering promising cost savings and earnings growth, despite challenges such as increased non-performing loans.
For a thorough assessment of EBC stock, go to TipRanks’ Stock Analysis page.