Eastern Bankshares

EBC · NASDAQ

$21.47+$0.46 (+2.19%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $21.01

About EBC

Eastern Bankshares, Inc. operates as a holding company, which engages in the provision of financial and banking services. The company is headquartered in Boston, Massachusetts and currently employs 2,247 full-time employees. The company went IPO on 2020-10-15. The Bank provides a variety of banking and trust and investment services. Its diversified products and services include lending, deposit, and wealth management. The company offers a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts and time certificates of deposit accounts. Its lending focuses on the following loan categories: commercial and industrial, including asset-based lending portfolio, commercial real estate, commercial construction, small business banking, residential real estate and home equity loans. The company also provides a range of wealth management and trust services through Cambridge Trust Wealth Management. The company provides private banking solutions for individuals and families. The company also provides customizable banking and lending services for venture capital & private equity, professional services, escrow agents, nonprofits, foundations, and family offices.

Employees: 2,247
Headquarters: Boston, Massachusetts
Listed: Oct 15, 2020
Sector: Financials
Industry: Banks
Website: easternbank.com

Leadership

Eastern Bankshares executives
Name	Title	Since	Age
Robert Rivers	—	2017	60
Quincy Miller	—	—	50
Denis Sheahan	—	2023	60
R.David Rosato	—	—	64
Nancy Stager	—	2023	64
Kathleen Henry	—	2021	52
Steven Antonakes	—	—	56
Gregory Buscone	—	—	59
Martha Dean	—	—	62
Matthew Osborne	—	—	49
Donald Westermann	—	—	47
Sujata Yadav	—	—	46
Deborah Jackson	—	—	73
Joseph Casey	—	—	64
Richard Holbrook	—	—	73
Michael Sullivan	—	—	70
Richard Bane	—	—	69
Luis Borgen	—	—	55
Joseph Chung	—	—	60
Bari Harlam	—	—	63
Marisa Harney	—	—	67
Diane Hessan	—	—	70
Peter Markell	—	—	69
Leon Palandjian	—	—	54
Cathleen Schmidt	—	—	65
Linda Williams	—	—	65
Andargachew Zelleke	—	—	63
Andrew Hersom	—	2024	—

Revenue by product and region

Fiscal year ended Dec 31, 2024: $112.62M total revenue

By product

Trust and investment advisory fees$46.13M41.0%
Service charges on deposit accounts$32.00M28.4%
Other non-interest income$20.31M18.0%
Debit card processing fees$14.18M12.6%
Early Withdrawal Penalty$7.80M6.9%

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