Eastern Bankshares, Inc. (EBC) is a publicly traded company in the Financial Services sector, operating within the Banks - Regional industry. The company is headquartered in Boston, MA, United States. The current CEO is Denis K. Sheahan.
EBC has IPO date of 2020-10-15, 1,998 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $4.65B.
Eastern Bankshares, Inc. is the holding company for Eastern Bank, a financial institution serving retail, commercial, and small business customers primarily in eastern Massachusetts and southern New Hampshire since its founding in 1818. The company operates two business segments: Banking Business and Insurance Agency Business, offering a comprehensive range of deposit products including checking, savings, and money market accounts, along with various loan products such as commercial, residential real estate, small business, and consumer loans. Beyond traditional banking, Eastern Bankshares provides wealth management and trust services, cash management solutions, business banking services, and insurance products, complemented by digital banking channels including online, mobile, and telephone platforms. As of December 31, 2021, the company operated 105 branch offices across its primary markets and 25 non-branch offices in the region, maintaining its headquarters in Boston, Massachusetts.
