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23.10.25 - 22:21
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Eastern Bankshares, Inc. Reports Third Quarter 2025 Financial Results (Business Wire)
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Company Announces Authorization of 5% Share Repurchase Program
Received all necessary regulatory approvals to complete merger with HarborOne Bancorp; expected to close November 1, 2025.
Net income of $106.1 million, or $0.53 per diluted share, included a GAAP tax benefit related to losses from the investment portfolio repositioning completed in the first quarter; operating net income of $74.1 million, or $0.37 per diluted share.
Return on average assets of 1.66%, or 1.16% on an operating basis; return on average tangible common equity of 16.4%, or 11.7% on an operating basis.
Period-end loans grew 1.3% linked quarter and 4.1% since year-end, primarily driven by continued strong commercial lending results.
Wealth Management assets under management reached a record high of $9.2 billion.
Book value per share of $17.99 and tangible book value per share of $13.14, up 3% and 5%, respectively, linked quarter.
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”) (NASDAQ: EBC), the holding company...
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16.10.25 - 22:18
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Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Announce Election Deadline for Merger Consideration, Expected Closing Date, and Anticipated Delisting of HarborOne Common Stock in connection with the Merger (Business Wire)
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BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. (“HarborOne”) (NASDAQ Global Select Market: HONE), the holding company for HarborOne Bank, today jointly announced that:
the deadline for holders of HarborOne common stock to elect their preferred form of merger consideration by completing the election materials previously sent to such holders is 5:00 p.m. (Eastern Time) on October 28, 2025 (the “Election Deadline”), unless extended;
Eastern and HarborOne expect that the merger of HarborOne with and into Eastern (the “Merger”), which was previously announced on April 24, 2025, and the related merger of HarborOne Bank with and into Eastern Bank, will become effective shortly after midnight (Eastern Time) on November 1, 2025 (“Effective Time”); and
HarborOne has initiated the process to delist its common stock from the NASDAQ Global Select Market following th...
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15.10.25 - 19:33
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Eastern Bank Welcomes Diana Kenneally To Cambridge Trust Private Banking, A Division Of Eastern Bank, As Senior Vice President, Private Banker (Business Wire)
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BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Diana Kenneally as a Senior Vice President, Private Banker with Cambridge Trust Private Banking. Ms. Kenneally brings more than 30 years of experience in financial services, with expertise in escrow services and high-net-worth client relationship management.
“We are pleased to welcome Diana Kenneally to Eastern's Private Banking team,” said Kerri Mooney, Executive Vice President of Private Banking for Eastern Bank. “Her deep experience in escrow services and a range of sectors including private equity, combined with her commitment to outstanding client service, make her a great addition.”
Ms. Kenneally most recently served as Senior Private Banker for the New England region at BNY Mellon Wealth Management, where she worked with high-net-worth clients to develop and implement strategies for managing their banking, investment and wealth management needs. Prior to BNY Mellon, she served as Senior Vice President, Escrow and Specialized Servi...
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03.10.25 - 16:21
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Eastern Bankshares, Inc. Announces Third Quarter 2025 Earnings Release Date, Conference Call and Webcast (Business Wire)
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BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”) (NASDAQ: EBC), the holding company for Eastern Bank, today announced the following details regarding the report of the Company's third quarter 2025 results:
Earnings Release:
Thursday, October 23, 2025 after the market close
Conference Call:
Friday, October 24, 2025 at 9:00 AM Eastern Time
Join by Telephone:
Toll-Free Dial-In Number: (800) 549-8228
Conference ID: 64359
Webcast:
The conference call will be simultaneously webcast. Participants may join the webcast on the Company's Investor Relations website at investor.easternbank.com. A replay of the webcast will be made available on demand on this site.
About Eastern Bankshares, Inc.
Eastern Bankshares, Inc. is the holding company for Eastern Bank. Founded in 1818, Eastern Bank is Greater Boston's leading local bank with approximately 110 branch locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticu...
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30.09.25 - 19:33
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Beata Mazen Joins Eastern Bank As Senior Vice President, Consumer Banking Strategy Manager (Business Wire)
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BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Beata Mazen in a new role as Senior Vice President, Consumer Banking Strategy Manager. Ms. Mazen brings 25 years of experience in sales, customer experience and consumer banking strategies, including leading approaches around operations and customer experience processes for up to 1,000 retail locations.
“Beata Mazen is an accomplished banking leader with a strong track record of driving results through strategic leadership, coaching and operational excellence, and we are excited to welcome her to Eastern Bank,” said Kimberly Dee, Executive Vice President, Consumer Banking Director of Eastern Bank. “Over the course of her career, she has successfully led and implemented enterprise-wide initiatives leveraging the strength of the branch retail network in such areas as colleague development, productivity, operations and the customer experience, and we look forward to the experience she brings to our team in supporting the delivery of an excepti...
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26.09.25 - 22:42
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Eastern Bankshares, Inc. And HarborOne Bancorp, Inc. Announce Regulatory Approvals Received To Merge (Business Wire)
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BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. (“HarborOne”) (NASDAQ: HONE), the holding company for HarborOne Bank, today jointly announced they have received all the necessary regulatory approvals to complete their proposed merger (the “Merger”), which was previously announced on April 24, 2025. Eastern and HarborOne expect the Merger to close on or about November 1, 2025.
“We are pleased to have received the required regulatory approvals for our Merger with HarborOne and look forward to completing the integration of our two companies early next year,” said Bob Rivers, Executive Chair and Chair of the Board of Directors of Eastern Bankshares, Inc. and Eastern Bank. “This partnership will create a $30 billion locally-based, community-focused organization that bolsters Eastern's leading presence in Greater Boston and expands our branch network into Rhode...
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25.09.25 - 18:30
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Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Announce Mailing of Stock/Cash Election Form (Business Wire)
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BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. (“HarborOne”) (NASDAQ: HONE), the holding company for HarborOne Bank, today jointly announced that Eastern has caused the election form and letter of transmittal (together with the related instructions, the “Election Materials”) to be distributed to holders of HarborOne common stock so HarborOne shareholders may elect to receive either Eastern common stock, cash or a combination of both upon the completion of the previously announced pending combination of Eastern and HarborOne.
On April 24, 2025, Eastern, Eastern Bank, HarborOne and HarborOne Bank entered into an Agreement and Plan of Merger (the “Merger Agreement”). Pursuant to the terms and subject to the conditions set forth in the Merger Agreement, including the approval of the Merger Agreement by HarborOne shareholders and Eastern's receipt of all requir...
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01.09.25 - 23:54
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XFRA: DIVIDEND/INTEREST INFORMATION - 03.09.2025 - US27627N1054 (XETRA)
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Das Instrument EB0 US27627N1054 EASTERN BANKSHARES DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 02.09.2025 und ex Dividende/Zinsen am 03.09.2025
The instrument EB0 US27627N1054 EASTERN BANKSHARES DL-,01 EQUITY has its pre-dividend/interest day on 02.09.2025 and its ex-dividend/interest day on 03.09.2025...
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31.07.25 - 20:06
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Denise LeMay Joins Eastern Bank As Senior Vice President, Head of Foreign Exchange and Derivative Sales, Commercial Banking (Business Wire)
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BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Denise LeMay as Senior Vice President, Head of Foreign Exchange and Derivative Sales, Commercial Banking. Ms. LeMay brings over 25 years of experience advising commercial clients on interest rate risk management and structuring complex financial solutions through derivative products.
“It's a pleasure to welcome Denise LeMay to our commercial banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “She fills an important role helping commercial businesses manage risk associated with currency fluctuations and interest rates, customized to their domestic and global business needs.”
Most recently, Ms. LeMay served as Senior Vice President, Treasury Capital Markets Trading Manager at M&T Bank where she advised commercial clients on the use of derivative products to manage interest rate risk, collaborated with relationship managers to identify hedging opportunities, and played a key role in...
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