Equities

Eastern Bankshares Inc

Eastern Bankshares Inc

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  • Price (EUR)11.70
  • Today's Change-0.300 / -2.50%
  • Shares traded0.00
  • 1 Year change+10.38%
  • Beta--
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About the company

Eastern Bankshares, Inc. is the stock holding company for Eastern Bank (The Bank). Through the Bank, it provides a variety of banking and trust and investment services. Its diversified products and services include lending, deposit, and wealth management. It offers a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. Its banking business consists of a full range of banking, lending (commercial, residential and consumer), savings and small business offerings, including its wealth management and trust operations that it conducts through its Eastern Wealth Management division. It offers automated lock box collection services, cash management services and account reconciliation services to its corporate and institutional customers, as well as cash management services to its municipal clients. Its securities portfolio consists of government-sponsored residential mortgage-backed securities.

  • Revenue in USD (TTM)810.19m
  • Net income in USD170.05m
  • Incorporated2020
  • Employees1.56k
  • Location
    Eastern Bankshares Inc125 High StreetSte 901, Oliver Street TowerBOSTON 02110United StatesUSA
  • Phone+1 (617) 897-1100
  • Websitehttps://www.easternbank.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
EBC:NSQ since
announced
Transaction
value
Cambridge BancorpAnnounced19 Sep 202319 Sep 2023Announced0.00%533.91m
Data delayed at least 15 minutes, as of May 02 2024 21:00 BST.
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