Business and Finance Business and Finance
Sun, January 26, 2025
[ 12:00 AM ] - MSN
Budget 2025: Will FM Sitharaman remove all exempt .. Old Tax Regime? SBI Research shares possibilities
Sat, January 25, 2025
[ 11:41 PM ] - MSN
Young Aussie earning six-figures with no uni degree in growing Gen Z work trend: 'All self-taught'
[ 11:20 PM ] - MSN
US Fed prepares to pause in first rate decision since Trump's inauguration
[ 11:00 PM ] - Investopedia
10 X Platform Feeds Investors Should Follow
[ 10:20 PM ] - MSN
TSA Makes Changes That Affect Part 380 Public Charter Operators
[ 10:00 PM ] - MSN
Best China Stocks 2025: Tesla Rivals, Travel Plays Near Buy Points Amid Trump Tariff Fears
[ 09:40 PM ] - MSN
11 Things Aldi Customers Can't Stand
[ 08:20 PM ] - MSN
Top 5 Uses of A.I. Neural Networks
[ 07:40 PM ] - MSN
Trump issues shock threat to 90,000 new IRS staff
[ 07:20 PM ] - MSN
Elon Musk's chilling email to Twitter's staff: Growth of X is stagnant and revenue is unimpressive
[ 07:00 PM ] - MSN
Investing $11,000 Into Each of These 3 Growth Sto .. ld Have Generated Over $1 Million in Profit Today
[ 06:40 PM ] - MSN
I Just Bought BlackBerry Stock: Here's Why You Might Want Shares, Too
[ 06:21 PM ] - MSN
Big Tech wants to plug data centers right into power plants. Utilities say it's not fair
[ 06:20 PM ] - MSN
Amarillo's unemployment continues to be 2nd lowest in the state, TWC reports
[ 06:20 PM ] - MSN
JD Sports updates plans for new 'campus' HQ that will 'rival Facebook and Google'
[ 06:01 PM ] - MSN
PAVMed faces Nasdaq delisting over share price rule
[ 06:01 PM ] - MSN
American Express Company (NYSE:AXP) Q4 2024 Earnings Call Transcript
[ 06:00 PM ] - AOL
7 Things To Know About Grants for Disaster Relief
[ 05:40 PM ] - MSN
Pennsylvania fairs provide $1 billion in economic benefits, report says
[ 05:40 PM ] - Forbes
Tax Breaks: The Welcome To The Not-So-Usual 2025 Tax Season Edition
[ 05:20 PM ] - MSN
What Trump's public scolding of Bank of America's CEO was really about
[ 05:00 PM ] - MSN
Gold: New Economic Order Starts Now! | Jim Thorne
[ 05:00 PM ] - Reuters
Am I being censored? Some US TikTok users say app feels different after ban lifted
[ 04:21 PM ] - AOL
How Billionaires Have Beaten the Market Over the Last Decade (and What You Can Learn From Them)
[ 04:20 PM ] - MSN
LA real estate agent reveals No. 1 reason why Pacific Palisades residents won't return
[ 04:20 PM ] - MSN
Shark Tank Season 16 Episode 9 Recap - Jamie Kern Lima joins as an investor
[ 04:01 PM ] - MSN
7 Ways Trump's Executive Orders Could Impact Business
[ 03:40 PM ] - MSN
Bill Gates says Elon Musk's DOGE could be 'valuab .. t the federal deficit needed to be 'brought down'
[ 03:00 PM ] - MSN
This High-Yielding Dividend Stock Couldn't Be More Excited About Its Growth Prospects
[ 02:01 PM ] - MSN
Eastern Bankshares, Inc. (NASDAQ:EBC) Q4 2024 Earnings Call Transcript

Eastern Bankshares, Inc. (NASDAQ:EBC) Q4 2024 Earnings Call Transcript


Published on 2025-01-25 14:01:15 - MSN
  Print publication without navigation

  • Q4 2024 Earnings Call Transcript January 24, 2025 Operator: Hello, and welcome to the Eastern Bankshares, Inc. Fourth Quarter 2024 Earnings Conference Call. Today's call will include forward-looking statements,

The article provides a transcript of Eastern Bankshares Inc.'s (NASDAQ: EBC) Q4 2024 earnings call. During the call, Eastern Bankshares reported a net income of $25.7 million for the fourth quarter, a decrease from the previous year's $34.1 million, primarily due to higher non-interest expenses and a slight decrease in net interest income. CEO Bob Rivers highlighted the bank's strategic focus on enhancing digital capabilities, managing credit quality, and navigating the challenging economic environment. The bank also discussed its merger with Cambridge Bancorp, which is expected to close in the second quarter of 2024, aiming to expand its market presence and capabilities. CFO James Fitzgerald provided insights into the financials, noting a stable deposit base, a slight increase in loan balances, and efforts to control costs amidst inflationary pressures. The call also covered updates on asset quality, with non-performing loans slightly up but still within manageable levels, and an outlook on future economic conditions and interest rate expectations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/eastern-bankshares-inc-nasdaq-ebc-q4-2024-earnings-call-transcript/ar-AA1xQnZg ]
Contributing Sources