Eastern Bankshares, Inc. Stock Price, News & Analysis

Eastern Bank (NYSE:EBC) was named by the U.S. Small Business Administration as the top lender for SBA 7(a) loans in Massachusetts for the 17th consecutive year, announced December 9, 2025. Eastern originated 290 SBA 7(a) loans totaling approximately $43.5 million in the SBA fiscal year (Oct 1–Sept 30). The bank credited its Equity Alliance for Business program and targeted support for women and entrepreneurs of color as contributors to its lending activity. An example borrower cited was Greg Banks, who used an SBA 7(a) loan to acquire a Woburn-based business.

The recognition reflects Eastern's continued focus on small-business lending and community-oriented capital access in Massachusetts.

Eastern Bank (NASDAQ:EBC) announced on December 3, 2025 that it has added The Sourcing Group (TSG) as a new commercial banking customer. Eastern Bank will provide commercial financing and day-to-day lending support to help TSG finance growth and operations. The bank highlighted its role in structuring a financing solution aligned with TSG’s expansion plans and named the Commercial Banking team advising TSG.

Eastern Bank described its commercial lending capabilities including working capital lines, equipment and term loans, real estate and acquisition financing, asset-based lending, franchise lending, and ESOP-related financing.

Eastern Bank (NASDAQ:EBC) announced that Robin Moses has joined as Senior Vice President, Team Leader for Commercial & Industrial Banking in Rhode Island effective November 12, 2025. Ms. Moses brings over two decades of commercial lending and relationship management experience across manufacturing, distribution, medical, nonprofit and professional services.

Her background includes roles at Bank Rhode Island, Citizens Bank, and Bank of America/Fleet Bank; she holds an MBA from Providence College, a BS from Bryant University, and became a CPA in 1997. Ms. Moses is active in community service, including a 13-year board tenure and current chair role at Special Olympics Rhode Island.

Eastern Bankshares (NASDAQ: EBC) completed its acquisition of HarborOne (NASDAQ: HONE) effective November 1, 2025. Under the merger, HarborOne shareholders received either 0.765 shares of Eastern per HarborOne share or $12.00 cash, subject to allocation and proration.

Approximately 91.87% of HarborOne shares elected stock, 2.03% elected cash, and 6.10% made no election. After proration, 84.99% of shares received stock consideration and 15.01% received cash. Eastern issued ~41,430,788 new shares in the merger; pro forma shares outstanding would be 238,450,578 as of September 30, 2025.

Eastern Bankshares (NASDAQ: EBC) completed its acquisition of HarborOne (NASDAQ: HONE) effective November 1, 2025. Under the merger, HarborOne shareholders elected either 0.765 shares of Eastern common stock per HarborOne share or $12.00 cash per share, subject to allocation and proration.

After proration, 84.99% of HarborOne shares received stock consideration and 15.01% received cash. Eastern issued approximately 26,936,260 new shares and on a pro forma basis would have had 238,450,578 shares outstanding as of September 30, 2025.

Eastern Bankshares (NASDAQ: EBC) received a public presentation from HoldCo Asset Management on October 31, 2025. HoldCo said it manages approximately $2.6 billion in regulatory assets under management and disclosed that it owns common stock of Eastern Bankshares, giving it an economic interest in the company’s share price. The presentation was delivered to the Independent Board of Directors and is available online at the link provided by HoldCo.

Eastern Bankshares (NASDAQ: EBC) and HarborOne Bancorp announced the Merger will become effective shortly after midnight Eastern Time on November 1, 2025, following closing under the April 24, 2025 Merger Agreement.

Key transaction details: HarborOne common stock will be delisted after the close of trading on October 31, 2025; Eastern expects to announce allocation and proration results on or before November 3, 2025. Eastern reported $25.5 billion in assets as of September 30, 2025. Eastern appointed Joseph F. Casey and Michael J. Sullivan to its board effective at the Merger Effective Time.

Eastern Bankshares (NASDAQ: EBC) reported Q3 2025 results and announced a share repurchase program and a pending merger closing. Net income was $106.1M or $0.53 diluted; operating net income was $74.1M or $0.37. Return on average assets was 1.66% (1.16% operating); return on tangible common equity was 16.4% (11.7% operating). Period-end loans were $18.8B (linked-quarter +1.3%; year-to-date +4.1%) and wealth AUM hit a record $9.2B. Board authorized repurchase of up to 11.9M shares (≤5% post-merger); merger with HarborOne expected to close Nov 1, 2025.

HoldCo Asset Management (Oct 20, 2025) issued a public presentation to the Board of Directors of Eastern Bankshares (NASDAQ: EBC) titled "Where Has All The Capital Gone?". HoldCo disclosed it owns common stock of Eastern Bankshares and therefore has an economic interest in EBC.

HoldCo described itself as a Florida-based investment firm managing approximately $2.6 billion in regulatory assets under management and posted the presentation at https://holdcoam.co/EBC.