Eastern Bankshares Inc (FRA:EB0)
€ 17.3 -0.2 (-1.14%) Market Cap: 3.42 Bil Enterprise Value: 2.64 Bil PE Ratio: 7.79 PB Ratio: 0.98 GF Score: 77/100

Arthur J. Gallagher & Co., Cambridge Bancorp, Eastern Bankshares, Inc. - M&A Call Transcript

Sep 20, 2023 / 01:00PM GMT
Release Date Price: €12.4
Operator

Good morning. I would like to welcome everyone to today's call to discuss Eastern Bankshares, Inc.'s agreements to sell the insurance operations of Eastern Insurance Group, LLC and to acquire Cambridge Bancorp by merger.

Today's call will include forward-looking statements related to the proposed transactions and the expected financial impact, including statements about Eastern's future financial and operating results, benefits, synergies, gains and costs that is expected to realize from the transactions, business and capital management strategies and plans as well as other opportunities and potential risks that management foresees.

Such forward-looking statements reflect management's current estimates or beliefs and are subject to risks and uncertainties that may cause actual results or the timing of events to differ materially from the views expressed today. More information about such risks and uncertainties is set forth under the caption Forward-Looking Statements in the press release and presentation as well as in the Risk Factors section and Other Disclosures in the company's

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