Eastern Bankshares, Inc.EBC
What Eastern Bankshares, Inc. does.
Eastern Bankshares, Inc., a Massachusetts corporation, which we sometimes refer to as the “Company,” is a bank holding company headquartered in Boston, Massachusetts that was incorporated under Massachusetts law in 2020. We are the sole shareholder of Eastern Bank, which we sometimes refer to as the “Bank,” a Massachusetts-chartered bank founded in 1818. Through the Bank, we provide a variety of banking and trust and investment services. As of December 31, 2025, we had total consolidated assets of $30.6 billion, total gross loans of $23.6 billion, total deposits of $25.5 billion and total shareholders’ equity of $4.3 billion. We are subject to comprehensive regulation and examination by the Massachusetts Commissioner of Banks, the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve Board, the Consumer Financial Protection Bureau and the New Hampshire Banking Department.
Our diversified products and services include lending, deposit, and wealth management. Deposits obtained through the branch banking network have traditionally been the principal source of funds for use in lending and for other general business purposes. We offer a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts and time certificates of deposit accounts. Our lending focuses on the following loan categories: commercial and industrial, including our Asset Based Lending Portfolio, commercial real estate, commercial construction, small business banking, residential real estate and home equity loans. Through Cambridge Trust Wealth Management, a division of Eastern Bank, we provide a wide range of wealth management and trust services. In addition, we offer automated lock box collection services, cash management services and account reconciliation services to our corporate and institutional customers, as well as cash management services to our municipal clients.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $154.7M | $69.4M | $77.3M | $76.9M | $112.6M | $134.1M |
| Net income | $22.7M | $154.7M | $199.8M | $232.2M | $119.6M | $88.2M |
| Free cash flow | $64.7M | $168.8M | $221.3M | $253.6M | $270.3M | $413.0M |
More on EBC.
- Eastern Bankshares, Inc. summary
- Eastern Bankshares, Inc. financial statements
- Eastern Bankshares, Inc. key metrics
- Eastern Bankshares, Inc. health scores and style box
- Eastern Bankshares, Inc. earnings
- Eastern Bankshares, Inc. dividends
- Eastern Bankshares, Inc. valuation
- Eastern Bankshares, Inc. ownership and insiders
- Eastern Bankshares, Inc. peers
Figures from Eastern Bankshares, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.