During the corresponding time, Eastern Bankshares Inc recorded a revenue increase by 27.6 % year on year, sequentially revenue grew by 7.19 %. While revenue at the Eastern Bankshares Inc 's corporate clients
Eastern Bankshares Inc's Comment on Sales, Marketing and Customers
Eastern Bankshares, Inc., through its wholly owned subsidiary Eastern Bank and eight active subsidiaries, serves customers primarily in the greater Boston area, including eastern, central, and southern Massachusetts, southern New Hampshire (including the seacoast region), and Rhode Island. This market area corresponds to the Boston–Worcester–Providence combined statistical area (CSA), encompassing the metropolitan areas of Manchester, New Hampshire; Worcester, Massachusetts; Providence, Rhode Island; and the Cape Cod region of Massachusetts. The bank offers services such as securities dealing, real estate services, wealth management and trust services, mortgage lending, commercial lending, and investments in low-income housing and tax credit projects. Its customer base includes municipal clients and a diverse population within a region supported by over 100 colleges and universities and major employment sectors including education, services, and manufacturing.
Entities referenced in filings include Broadway Securities Corporation, Cambridge Trust Company of New Hampshire, Inc., Eastern Bank, Eastern Bankshares, Inc., HarborOne Mortgage, LLC, High Street Securities Corporation, Millennium Corporation, Real/Property Services, Inc., Rhode Island Passive Investment Corp., and Shared Value Investments LLC.
Eastern Bankshares Inc’s Comment on Sales, Marketing and Customers
Eastern Bankshares, Inc., through its wholly owned subsidiary Eastern Bank and eight active subsidiaries, serves customers primarily in the greater Boston area, including eastern, central, and southern Massachusetts, southern New Hampshire (including the seacoast region), and Rhode Island. This market area corresponds to the Boston–Worcester–Providence combined statistical area (CSA), encompassing the metropolitan areas of Manchester, New Hampshire; Worcester, Massachusetts; Providence, Rhode Island; and the Cape Cod region of Massachusetts. The bank offers services such as securities dealing, real estate services, wealth management and trust services, mortgage lending, commercial lending, and investments in low-income housing and tax credit projects. Its customer base includes municipal clients and a diverse population within a region supported by over 100 colleges and universities and major employment sectors including education, services, and manufacturing.
Entities referenced in filings include Broadway Securities Corporation, Cambridge Trust Company of New Hampshire, Inc., Eastern Bank, Eastern Bankshares, Inc., HarborOne Mortgage, LLC, High Street Securities Corporation, Millennium Corporation, Real/Property Services, Inc., Rhode Island Passive Investment Corp., and Shared Value Investments LLC.
Sources:
Eastern Bankshares Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Eastern Bankshares Inc’s corporate clients.
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