by Bram Berkowitz | Oct 22, 2018
The recent divestiture in wealth management subsidiaries could free up capital for future acquisition opportunities, while staff reductions were an attempt to make up for slow growth, Boston Private executives said on an earnings call last week.
by Bram Berkowitz | Oct 15, 2018
Medford-based Century Bank had a profitable third quarter of the year, but saw total commercial real estate volume decline on an annual basis.
by Bram Berkowitz | Aug 27, 2018
Growth and profits at the parent company of Melrose Bank continued to grow in the second quarter, but at a marginal pace.
by Bram Berkowitz | Aug 14, 2018
Residential real estate volume at the parent company of Brockton-based HarborOne Bank slowed for the fourth consecutive time in the second quarter.
by Bram Berkowitz | Aug 10, 2018
The parent company of Lowell-based Enterprise Bank reported net income of $7.6 million, or $0.64 per diluted share, an increase of $2 million compared to the same three-month period in 2017.
by Bram Berkowitz | Aug 7, 2018
The parent of Farmington Bank had solid profits in the second quarter as it prepares to be acquired.
by Bram Berkowitz | Aug 6, 2018
Admirals Bank has recently launched a residential mortgage business, as the bank looks to turn around past financial woes and transition into a community bank focused on the Massachusetts and Rhode Island markets.
by Bram Berkowitz | Aug 3, 2018
Profits at the parent company of Hartford-based United Bank slowed in the second quarter due to unforeseen expenses, but growth is shaping up solid for the rest of the year.
by Bram Berkowitz | Jul 31, 2018
The parent company of Brookline Bank had improved profits in the second quarter of the year, while dealing with the same deposit pressure that most community banks in Greater Boston have been experiencing.
by Bram Berkowitz | Jul 30, 2018
The parent company of East Boston Savings Bank had another strong quarter, reporting net income of $14.1 million, or $0.27 per diluted share, compared to $11.3 million, or $0.22 per diluted share, for the second quarter of last year.
by Bram Berkowitz | Jul 27, 2018
Long-term strategic investments helped Webster Bank to a strong second quarter, even as the company continued to see fierce competition from nonbank lenders in commercial real estate.
by Bram Berkowitz | Jul 26, 2018
It was all happy talk from executives at the parent of Rockland Trust, as the bank turned in solid growth and huge profits in the second quarter.
by Bram Berkowitz | Jul 24, 2018
The parent company of Berkshire Bank continued to grow loans and deposits at a healthy clip during a time of deposit competition and spread compression.
by Bram Berkowitz | Jul 20, 2018
The parent company of Boston Private reported profits in the second quarter, but took a substantial hit that was expected due to its recent divestiture of Anchor Capital Advisors, while also facing significant deposit competition.
by Bram Berkowitz | Jul 12, 2018
The parent company of Medford-based Century Bank reported second quarter net income of nearly $9 million, or $1.62 per Class A share diluted, an increase of 10.3 percent compared to net income of $8.2 million, or $1.47 per Class A share diluted, for the same period a year ago.
by Bram Berkowitz | Jun 8, 2018
Federally-insured credit unions continued to see solid growth in the first quarter of 2018.
by Bram Berkowitz | May 21, 2018
The parent companies of Melrose Bank and Pilgrim Bank both reported positive net income and growth in the first quarter of 2018.
by Bram Berkowitz | May 14, 2018
The parent company of Hyde Park-based Blue Hills Bank made solid gains in the first quarter, despite a slowdown in profits from the same period last year.
by Bram Berkowitz | May 11, 2018
Admirals Bank continues to slow losses as it works to bring itself back to profitability.
by Bram Berkowitz | May 11, 2018
After a tough year that included layoffs, the parent company of Envision Bank, formerly known as Randolph Savings Bank, appears to be hiring again in an effort to build up the bank’s mortgage business.