News for Cambridge Bancorp (CATC)

Strengths: Robust regional presence and diversified banking services.Weaknesses: Operational risks including cybersecurity and competitive pressures.Opportunit

Eastern Bankshares, Inc. (the ”œCompany”) (NASDAQ: EBC), the holding company of Eastern Bank, today announced its fourth quarter 2024 financial results. F

A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 146 such companies in the US today. I believe that beco...

Net Loss: Reported a net loss of $6.2 million, impacted by a $40.9 million provision on non-PCD loans and $30.5 million in merger-related charges.Operating Net

Eastern Bankshares stock hits 52-week high at $17.28

Wall Street SWOT: Eastern Bankshares stock poised for growth amid merger and buybacks

These deals merit review because there are several trends apparent in these mergers that could play out in subsequent acquisitions.

J.P. Morgan analyst Janet Lee predicts modest benefits for Eastern Bankshares (EBC) following merger with Cambridge Bancorp, impacting revenue growth.

Wintrust Financial Corporation (NASDAQ: WTFC) has closed the all-stock deal to acquire Macatawa Bank Corporation for $510.3 million or $14.85 per share. The merger agreement, which is not expected to have a material effect on Wintrust's 2024 earnings, was signed this April.

Net Income: $26.3 million, or $0.16 per diluted share, for Q2 2024.Revenue: $154 million, exceeding the estimated $133.13 million.Net Interest Margin: Declined

Two Northeast banks will get new CFOs next month. Webster Financial hired Neal Holland, the former CFO of the failed First Republic Bank, and Eastern Bankshares hired David Rosato, who left Berkshire Hills Bancorp last month.

Stay informed on dividend activity with this weekly summary.

Stay updated on dividend activity with this weekly summary.

Stay updated with the latest dividend activity. Explore changes in dividends, ex-dividend and pay dates for Dividend Champions, Contenders, and Challengers. Click to read.

It's a big week for the portfolio. Plus some important jobs data could guide the Fed's next moves.

A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 145 such companies in the US today. I believe that beco...

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Read more to see the November 12 weekly update.

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Explore more details here.

NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential...