State Street Corporation reports beneficial ownership of common stock of Eastern Bankshares, Inc. representing 5.2% of the class. State Street reports beneficial ownership of 12,124,657 shares of common stock, with shared voting power over 1,659,479 shares and shared dispositive power over 12,124,657 shares. It reports no sole voting or dispositive power.
The position is held through asset management subsidiaries including SSGA Funds Management, Inc., State Street Global Advisors entities in Europe and the U.K., and State Street Global Advisors Trust Company, each classified as an investment adviser. No other person is identified as having rights to more than 5% of the class on whose behalf the shares are held.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:12,124,657 sharesPercent of class:5.2%Shared voting power:1,659,479 shares+3 more
6 metrics
Beneficially owned shares12,124,657 sharesCommon stock of Eastern Bankshares, Inc. reported as beneficially owned by State Street Corporation
Percent of class5.2%Portion of Eastern Bankshares common stock class beneficially owned by State Street Corporation
Shared voting power1,659,479 sharesShares of Eastern Bankshares for which State Street reports shared power to vote or direct the vote
Shared dispositive power12,124,657 sharesShares of Eastern Bankshares for which State Street reports shared power to dispose or direct disposition
Sole voting power0 sharesShares of Eastern Bankshares for which State Street reports sole power to vote
Sole dispositive power0 sharesShares of Eastern Bankshares for which State Street reports sole power to dispose
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 1,659,479.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 12,124,657.00"
parent holding companyfinancial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
investment adviserfinancial
"SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA)"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
What percentage of Eastern Bankshares (EBC) shares does State Street own?
State Street Corporation reports beneficial ownership of 5.2% of Eastern Bankshares, Inc. common stock, corresponding to 12,124,657 shares of the company’s common stock.
How many Eastern Bankshares (EBC) shares does State Street report as beneficially owned?
State Street reports 12,124,657 Eastern Bankshares common shares as beneficially owned. These shares represent 5.2% of the outstanding class of Eastern Bankshares common stock.
What voting power does State Street have over Eastern Bankshares (EBC) shares?
State Street reports no sole voting power and shared voting power over 1,659,479 Eastern Bankshares shares. It indicates that voting authority is exercised on a shared, not exclusive, basis.
What dispositive power does State Street report over Eastern Bankshares (EBC) stock?
State Street reports no sole dispositive power and shared dispositive power over 12,124,657 Eastern Bankshares shares, meaning decisions to dispose of these shares are made on a shared basis.
Which State Street subsidiaries are linked to the Eastern Bankshares (EBC) holdings?
The holdings are associated with investment adviser subsidiaries including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, State Street Global Advisors Limited, State Street Global Advisors Trust Company, and State Street Global Advisors, Ltd.
Does any other person have over 5% indirect interest in Eastern Bankshares (EBC) via State Street?
No. The disclosure states “NOT APPLICABLE” for others having rights to dividends or sale proceeds relating to more than 5% of Eastern Bankshares’ common stock through these holdings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
EASTERN BANKSHARES INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
27627N105
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
27627N105
1
Names of Reporting Persons
STATE STREET CORPORATION
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,659,479.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,124,657.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,124,657.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
EASTERN BANKSHARES INC
(b)
Address of issuer's principal executive offices:
265 FRANKLIN STREET, BOSTON, MASSACHUSETTS, 02110
Item 2.
(a)
Name of person filing:
STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
27627N105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
12124657.00
(b)
Percent of class:
5.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,659,479
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
12,124,657
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
