Chris Mahoney Associate Editor – Boston Business Journal
A number of Greater Boston banks are poised to bust out after a flat third quarter for profits, analysts said.
“The nimble, community-oriented banks are outrunning the rest of the pack,” said Mark Fitzgibbon, equity analyst at Sandler O’Neill Partners. “They’re feeding off the crumbs of the big banks who are very distracted.”
Several banks, among them — Brookline Bancorp Inc., Cambridge Bancorp Inc. (parent of Cambridge Trust Co.), Century Bancorp Inc., Eastern Bank, Independent Bank Corp. — were singled out by analysts as having performed well despite being weighed down by slim net interest margins, low demands for …
I plan and produce the weekly Focus sections and the Growth Tools sections, occasionally writing the Entrepreneur feature. I’m the chief copy editor for the BBJ. I produce the Morning Buzz.
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