Massachusetts Bank Earnings Continue to Climb
While the economic effects of the Omicron variant remain to be seen, improving economic conditions during the first nine months of 2021 helped drive Massachusetts bank earnings above pre-pandemic levels.
Hanover Insurance Reports 2Q Net Income of $128.5M
Worcester-based The Hanover Insurance Group Inc. reported net income of $128.5 million in the second quarter of 2021.
State’s Banks Saw Assets Increase, Headcount and Income Decrease in Q3
Massachusetts’ FDIC-insured banks saw total assets increase in the third quarter compared to last year, while year-to-date net income through Sept. 30 trailed 2018.
Most Massachusetts Credit Unions Saw Positive Net Income in Q2
At least 75 percent of federally-insured credit unions in Massachusetts reported positive net income through the second quarter, according to the National Credit Union Association.
Belmont Savings Parent Books Double-Digit Increases In Q2
BSB Bancorp posted a 54 percent year-over-year...
