Eastern Bank eschews M&A in face of investor complaint
Yahoo Finance·2026-01-26 19:48
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Eastern Bank executives stressed Friday the bank won’t pursue more acquisitions, after the Boston-based lender faced pressure last year from an activist investor. “We are frequently asked about M&A. Simply put, we are not focused on M&A,” CEO Denis Sheahan said during the company’s fourth-quarter earnings call. “We have plenty of opportunities to organ ...