Eastern Bankshares Inc

EBC remains in a medium-term uptrend anchored by the rising 200-day SMA, but the recent breakdown under short-term EMAs and formation of a descending channel have weakened near-term momentum. We will stalk for a clean pullback and acceptance just above the 200-day SMA before committing to a buy.

• ↑Q2 operating earnings rose to $106.1M, up 62% YoY.
• ↑Net interest income climbed to $1.5B, boosted by NIM expansion.
• ↓End-of-period deposits declined 9% QoQ, pressuring funding stability.