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Eastern Bank Corporation Announces Record 2018 Financial Results

Mar 18, 2019 - PR Newswire

PR Newswire

 Eastern Bank, America's oldest and largest mutual bank, today announced record financial performance in 2018, following record financial performance in 2017. Annual net income in 2018 was $122.7 million, more than 40 percent above last year's level. Total assets ended 2018 at $11.4 billion, also an all-time high and a 5 percent increase from 2017. Loans, deposits and capital levels also set records. Loans totaled $8.8 billion in 2018, up 7.6 percent from 2017; deposits were $...