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Eastern Bankshares Inc. Company Profile

NASDAQ: EBCFinanceSavings InstitutionsUSD

20.86-0.34 (-1.60%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Eastern Bankshares at a glance

Eastern Bankshares Inc. (NASDAQ: EBC) is a Savings Institutions company in the Finance sector headquartered in Boston, MA. Eastern Bankshares is led by Mr. Denis K. Sheahan and employs about 2,247 people. The company's shares have traded publicly since 2020.

At a market capitalization of $4.84 billion, it is considered a mid-cap company. Its SEC Central Index Key (CIK) is 0001810546, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Eastern Bankshares do?

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers in the United States. The company offers deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also provides commercial and industrial products, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company offers wealth management and trust services, financial planning, and portfolio management; and automated lock box collection, cash management, and account reconciliation services. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Business description based on the company's public filings.

Company information

Legal name
Eastern Bankshares Inc.
Ticker
NASDAQ: EBC
Sector
Finance
Industry
Savings Institutions
CEO
Mr. Denis K. Sheahan
Employees
2,247
Headquarters
125 High Street, Boston, MA, United States
Phone
800 327 8376
IPO year
2020
SEC CIK
0001810546

Companies similar to Eastern Bankshares

EBC peer companies
CompanyPrice% ChgMarket capCompare
AXAxos Financial Inc.87.68-1.52%$4.99Bvs EBC
TFSLTFS Financial Corporation16.12-2.72%$4.52Bvs EBC
BKUBankUnited Inc.42.26-1.49%$3.01Bvs EBC
CLBKColumbia Financial Inc.10.80-2.96%$2.91Bvs EBC
PFSProvident Financial Services Inc21.97-1.39%$2.87Bvs EBC
CFFNCapitol Federal Financial Inc.8.42-1.17%$1.04Bvs EBC
HTBHomeTrust Bancshares Inc.46.13-0.73%$724.32Mvs EBC
KRNYKearny Financial Corp9.11-1.19%$575.51Mvs EBC

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