Company Eastern Bankshares, Inc.

Equities

EBC

US27627N1054

Banks

Market Closed - Nasdaq 04:00:00 2024-04-16 pm EDT 5-day change 1st Jan Change
12.39 USD -1.43% Intraday chart for Eastern Bankshares, Inc. -7.19% -12.75%

Business Summary

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.

Number of employees: 1,744

Sales per Business

USD in Million2022Weight2023Weight Delta
Banking
100.0 %
646 86.8 % 313 100.0 % -51.61%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
744 100.0 % 313 100.0 % -57.99%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 -
President 49 -
Director of Finance/CFO 66 -
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer 62 13-12-31
Investor Relations Contact - 06-03-31
Corporate Officer/Principal 59 16-12-31
Sales & Marketing 46 16-12-31
Corporate Officer/Principal 49 97-12-31
General Counsel 51 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 -
Chief Executive Officer 60 -
Director/Board Member 72 -
Director/Board Member 68 -
Director/Board Member 72 -
Director/Board Member 59 14-02-28
Director/Board Member 69 -
Director/Board Member 74 -
Director/Board Member 54 -
Director/Board Member 62 14-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 176,631,477 174,561,185 ( 98.83 %) 0 98.83 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
9.286 %
16,382,980 9.286 % 226 M $
Eastern Bank Esop
8.455 %
14,916,134 8.455 % 206 M $
T. Rowe Price Investment Management, Inc.
7.499 %
13,230,563 7.499 % 182 M $
BlackRock Advisors LLC
6.757 %
11,921,781 6.757 % 164 M $
Fidelity Management & Research Co. LLC
6.248 %
11,023,954 6.248 % 152 M $
5,439,238 3.083 % 75 M $
Dimensional Fund Advisors LP
2.151 %
3,794,640 2.151 % 52 M $
Geode Capital Management LLC
1.971 %
3,476,857 1.971 % 48 M $
Wellington Management Co. LLP
1.964 %
3,464,674 1.964 % 48 M $
Janus Henderson Investors US LLC
1.924 %
3,394,466 1.924 % 47 M $

Company contact information

Eastern Bankshares, Inc.

265 Franklin Street

02110, Boston

+800 327 8376

http://www.easternbank.com
address Eastern Bankshares, Inc.(EBC)

Group companies

NameCategory and Sector
Savings Banks
  1. Stock Market
  2. Equities
  3. EBC Stock
  4. Company Eastern Bankshares, Inc.