Eastern Bankshares Inc.. (EBC) NASDAQ
$12.41 0.69 (5.89%)
Market Cap: $2.07B
As of 06/06/23 03:59 PM EDT. Market closed.
Eastern Bankshares Inc.. (EBC)
NASDAQ
$12.41
0.69 (5.89%)
Market Cap: $2.07B
As of 06/06/23 03:59 PM EDT. Market closed.
Founded in 1818, Boston-based Eastern Bank is America’s oldest and largest mutual bank, with $11 billion in assets and over 115 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern provides exceptional access to fairly priced banking, investment and insurance products and services for consumers and businesses of all sizes. Eastern ... read more
Founded in 1818, Boston-based Eastern Bank is America’s oldest and largest mutual bank, with $11 billion in assets and over 115 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern provides exceptional access to fairly priced banking, investment and insurance products and services for consumers and businesses of all sizes. Eastern Bank, which includes Eastern Wealth Management and Eastern Insurance, is known for its outspoken advocacy and community support that has exceeded more than $125 million in charitable giving since 1999. An inclusive company, Eastern employs 1,900+ deeply committed professionals who value relationships with their customers, colleagues, and communities. read less
COMPANY PROFILE
Sector
Finance and Insurance
Industry
Direct Life Insurance Carriers
Sector
Finance and Insurance
Industry
Direct Life Insurance Carriers
Full Time Employees
2,146
Address
265 Franklin Street, Massachusetts, Boston, 02110.
PRICE CHART FOR EASTERN BANKSHARES INC.
From:
To:
NEWS
KEY STATS
Open
$11.72
Previous Close
$11.72
Days Range
$11.68 - $12.13
52 week range
$9.75 - $20.90
Volume
1,277,893
Avg. Volume (30 days)
854,072
Market Cap
$2.07B
Dividend Yield
3.35%
P/E
-45.07
Shares Outstanding
176,328,426
Open
$11.72
Previous Close
$11.72
Days Range
$11.68 - $12.13
52 week range
$9.75 - $20.90
Volume
1,277,893
Avg. Volume (30 days)
854,072
Market Cap
$2.07B
Dividend Yield
3.35%
P/E
-45.07
Shares Outstanding
176,328,426
Open in: 
Open in:
INSIDER TRANSACTIONS FOR EASTERN BANKSHARES INC.
| Owner | Relationship | Date | Transaction | Cost | # Shares | Value($) | Total Shares | Form 4 |
| Jackson Deborah C | Director | May 15, 2023 | Sale | $11.21 | 1,320 | 14,797 | 76,214 | May 17, 2023, 04:06 PM |
| Lodge Timothy Joseph | CEO, Eastern Insurance Group | Mar 01, 2023 | Option Exercise | $15.63 | 1,712 | 26,759 | 5,031 | Mar 03, 2023, 04:08 PM |
| Yadav Sujata | EVP, Chief Marketing Officer | Mar 01, 2023 | Option Exercise | $15.63 | 1,644 | 25,696 | 11,699 | Mar 03, 2023, 04:08 PM |
| Heinemann Barbara Jane | Executive VP | Mar 01, 2023 | Option Exercise | $15.63 | 2,956 | 46,202 | 26,531 | Mar 03, 2023, 04:08 PM |
| Henry Kathleen Cloherty | Executive VP, General Counsel | Mar 01, 2023 | Option Exercise | $15.63 | 2,912 | 45,515 | 6,575 | Mar 03, 2023, 04:08 PM |
| Fitzgerald James Burke | Chief Financial Officer | Mar 01, 2023 | Option Exercise | $15.63 | 4,185 | 65,412 | 142,277 | Mar 03, 2023, 04:07 PM |
| Osborne Matthew Adam | See Remarks | Mar 01, 2023 | Option Exercise | $15.63 | 2,977 | 46,531 | 11,510 | Mar 03, 2023, 04:07 PM |
| Antonakes Steven Louis | Executive VP | Mar 01, 2023 | Option Exercise | $15.63 | 3,000 | 46,890 | 19,987 | Mar 03, 2023, 04:07 PM |
| Borgen Luis | Director | Nov 30, 2022 | Sale | $19.21 | 12,419 | 238,569 | 77,546 | Dec 02, 2022, 04:05 PM |
| Harlam Bari A | Director | Nov 30, 2022 | Sale | $19.21 | 5,000 | 96,050 | 72,465 | Dec 02, 2022, 04:05 PM |
| Jackson Deborah C | Director | Nov 30, 2022 | Sale | $19.21 | 5,713 | 109,747 | 72,752 | Dec 02, 2022, 04:05 PM |
| Shell Greg Allen Sr. | Director | Nov 11, 2022 | Sale | $18.82 | 2,500 | 47,050 | 170,965 | Nov 14, 2022, 04:06 PM |
| Shell Greg Allen Sr. | Director | Sep 09, 2022 | Sale | $20.10 | 24,000 | 482,506 | 173,465 | Sep 12, 2022, 11:22 AM |
| Borgen Luis | Director | Aug 03, 2022 | Sale | $20.28 | 28,730 | 582,768 | 89,965 | Aug 05, 2022, 04:05 PM |
| Shell Greg Allen Sr. | Director | May 04, 2022 | Sale | $19.57 | 40,000 | 782,688 | 194,596 | May 05, 2022, 04:05 PM |
| Borgen Luis | Director | Mar 14, 2022 | Sale | $20.31 | 46,270 | 939,517 | 0 | Mar 15, 2022, 05:00 PM |
| Harlam Bari A | Director | Dec 16, 2021 | Sale | $20.83 | 17,500 | 364,509 | 74,596 | Dec 20, 2021, 04:05 PM |
| Shell Greg Allen Sr. | Director | Oct 15, 2021 | Sale | $21.09 | 27,500 | 579,986 | 172,500 | Oct 19, 2021, 04:05 PM |
| Koegel John Francis | CEO, Eastern Insurance Group | Oct 14, 2020 | Buy | $10.00 | 14,000 | 140,000 | 14,000 | Oct 05, 2021, 04:15 PM |
| Koegel John Francis | CEO, Eastern Insurance Group | Oct 14, 2020 | Buy | $10.00 | 36,000 | 360,000 | 36,000 | Oct 05, 2021, 04:15 PM |
| Heinemann Barbara Jane | Executive VP | Oct 14, 2020 | Buy | $10.00 | 42,000 | 420,000 | 42,000 | Oct 16, 2020, 06:15 PM |
| Heinemann Barbara Jane | Executive VP | Oct 14, 2020 | Buy | $10.00 | 40,000 | 400,000 | 40,000 | Oct 16, 2020, 06:15 PM |
| Heinemann Barbara Jane | Executive VP | Oct 14, 2020 | Buy | $10.00 | 20,000 | 200,000 | 20,000 | Oct 16, 2020, 06:15 PM |
| Stager Nancy Huntington | Chief HR Officer | Oct 14, 2020 | Buy | $10.00 | 55,395 | 553,950 | 55,395 | Oct 16, 2020, 06:10 PM |
| Stager Nancy Huntington | Chief HR Officer | Oct 14, 2020 | Buy | $10.00 | 5,000 | 50,000 | 5,000 | Oct 16, 2020, 06:10 PM |
| Lopez Antonio | Audit Committee, Eastern Bank | Oct 14, 2020 | Buy | $10.00 | 2,500 | 25,000 | 2,500 | Oct 16, 2020, 05:56 PM |
| Westermann Donald Michael | Chief Information Officer | Oct 14, 2020 | Buy | $10.00 | 20,000 | 200,000 | 20,000 | Oct 16, 2020, 05:53 PM |
| Sullivan Daniel J | Chief Credit Officer | Oct 14, 2020 | Buy | $10.00 | 65,000 | 650,000 | 65,000 | Oct 16, 2020, 05:52 PM |
| Sullivan Daniel J | Chief Credit Officer | Oct 14, 2020 | Buy | $10.00 | 35,000 | 350,000 | 35,000 | Oct 16, 2020, 05:52 PM |
| Miller Quincy Lee | President | Oct 14, 2020 | Buy | $10.00 | 1,280 | 12,800 | 1,280 | Oct 16, 2020, 05:49 PM |
| Miller Quincy Lee | President | Oct 14, 2020 | Buy | $10.00 | 83,240 | 832,400 | 83,240 | Oct 16, 2020, 05:49 PM |
| Miller Jan Allan | Chief Cml Banking Officer | Oct 14, 2020 | Buy | $10.00 | 100,000 | 1,000,000 | 100,000 | Oct 16, 2020, 05:48 PM |
| Koegel John Francis | CEO, Eastern Insurance Group | Oct 14, 2020 | Buy | $10.00 | 36,000 | 360,000 | 36,000 | Oct 16, 2020, 05:45 PM |
| Koegel John Francis | CEO, Eastern Insurance Group | Oct 14, 2020 | Buy | $10.00 | 14,000 | 140,000 | 14,000 | Oct 16, 2020, 05:45 PM |
| Henry Kathleen Cloherty | Executive VP, General Counsel | Oct 14, 2020 | Buy | $10.00 | 20,000 | 200,000 | 20,000 | Oct 16, 2020, 05:43 PM |
| Fitzgerald James Burke | Chief Financial Officer | Oct 14, 2020 | Buy | $10.00 | 132,231 | 1,322,310 | 132,231 | Oct 16, 2020, 05:41 PM |
| Fitzgerald James Burke | Chief Financial Officer | Oct 14, 2020 | Buy | $10.00 | 17,769 | 177,690 | 17,769 | Oct 16, 2020, 05:41 PM |
| Antonakes Steven Louis | Executive VP | Oct 14, 2020 | Buy | $10.00 | 6,869 | 68,690 | 6,869 | Oct 16, 2020, 05:40 PM |
| Antonakes Steven Louis | Executive VP | Oct 14, 2020 | Buy | $10.00 | 13,500 | 135,000 | 13,500 | Oct 16, 2020, 05:40 PM |
| Alexander Paul Garvin | Chief Mkt & Comms Officer | Oct 14, 2020 | Buy | $10.00 | 25,000 | 250,000 | 25,000 | Oct 16, 2020, 05:37 PM |
| Ahlquist David Andrew | SVP, Chief Accounting Officer | Oct 14, 2020 | Buy | $10.00 | 20,000 | 200,000 | 20,000 | Oct 16, 2020, 05:36 PM |
| Ahlquist David Andrew | SVP, Chief Accounting Officer | Oct 14, 2020 | Buy | $10.00 | 10,000 | 100,000 | 10,000 | Oct 16, 2020, 05:36 PM |
| Spiess Paul Davis | Director | Oct 14, 2020 | Buy | $10.00 | 50,000 | 500,000 | 50,000 | Oct 16, 2020, 05:34 PM |
| Spiess Paul Davis | Director | Oct 14, 2020 | Buy | $10.00 | 50,000 | 500,000 | 50,000 | Oct 16, 2020, 05:34 PM |
| Shell Greg Allen Sr. | Director | Oct 14, 2020 | Buy | $10.00 | 200,000 | 2,000,000 | 200,000 | Oct 16, 2020, 05:32 PM |
| Markell Peter Kenneth | Director | Oct 14, 2020 | Buy | $10.00 | 100,000 | 1,000,000 | 100,000 | Oct 16, 2020, 05:30 PM |
| Hessan Diane | Director | Oct 14, 2020 | Buy | $10.00 | 2,000 | 20,000 | 2,000 | Oct 16, 2020, 05:28 PM |
| Hessan Diane | Director | Oct 14, 2020 | Buy | $10.00 | 40,000 | 400,000 | 40,000 | Oct 16, 2020, 05:28 PM |
| Harlam Bari A | Director | Oct 14, 2020 | Buy | $10.00 | 30,000 | 300,000 | 30,000 | Oct 16, 2020, 05:27 PM |
| Connolly Paul Martin | Director | Oct 14, 2020 | Buy | $10.00 | 12,500 | 125,000 | 12,500 | Oct 16, 2020, 05:25 PM |
| CHUNG JOSEPH | Director | Oct 14, 2020 | Buy | $10.00 | 50,000 | 500,000 | 50,000 | Oct 16, 2020, 05:23 PM |
| Borgen Luis | Director | Oct 14, 2020 | Buy | $10.00 | 53,730 | 537,300 | 53,730 | Oct 16, 2020, 05:22 PM |
| Borgen Luis | Director | Oct 14, 2020 | Buy | $10.00 | 46,270 | 462,700 | 46,270 | Oct 16, 2020, 05:22 PM |
| Bane Richard Corey | Director | Oct 14, 2020 | Buy | $10.00 | 120,000 | 1,200,000 | 120,000 | Oct 16, 2020, 05:19 PM |
| Jackson Deborah C | Director | Oct 14, 2020 | Buy | $10.00 | 19,000 | 190,000 | 19,000 | Oct 16, 2020, 05:16 PM |
| Jackson Deborah C | Director | Oct 14, 2020 | Buy | $10.00 | 13,500 | 135,000 | 13,500 | Oct 16, 2020, 05:16 PM |
| Holbrook Richard Edward | Director | Oct 14, 2020 | Buy | $10.00 | 196,500 | 1,965,000 | 196,500 | Oct 16, 2020, 05:14 PM |
| Rivers Robert Francis | Chair and CEO | Oct 14, 2020 | Buy | $10.00 | 200,000 | 2,000,000 | 200,000 | Oct 16, 2020, 05:12 PM |
Load More Insider Transactions
Buy
Sale
Option Exercise
| Owner | Relationship | Date | Value($) |
| Jackson Deborah C | Director | 05/15/2023 | 14,797 |
| Lodge Timothy Joseph | CEO, Eastern Insurance Group | 03/01/2023 | 26,759 |
| Yadav Sujata | EVP, Chief Marketing Officer | 03/01/2023 | 25,696 |
| Heinemann Barbara Jane | Executive VP | 03/01/2023 | 46,202 |
| Henry Kathleen Cloherty | Executive VP, General Counsel | 03/01/2023 | 45,515 |
| Fitzgerald James Burke | Chief Financial Officer | 03/01/2023 | 65,412 |
| Osborne Matthew Adam | See Remarks | 03/01/2023 | 46,531 |
| Antonakes Steven Louis | Executive VP | 03/01/2023 | 46,890 |
| Borgen Luis | Director | 11/30/2022 | 238,569 |
| Harlam Bari A | Director | 11/30/2022 | 96,050 |
| Jackson Deborah C | Director | 11/30/2022 | 109,747 |
| Shell Greg Allen Sr. | Director | 11/11/2022 | 47,050 |
| Shell Greg Allen Sr. | Director | 09/09/2022 | 482,506 |
| Borgen Luis | Director | 08/03/2022 | 582,768 |
| Shell Greg Allen Sr. | Director | 05/04/2022 | 782,688 |
| Borgen Luis | Director | 03/14/2022 | 939,517 |
| Harlam Bari A | Director | 12/16/2021 | 364,509 |
| Shell Greg Allen Sr. | Director | 10/15/2021 | 579,986 |
| Koegel John Francis | CEO, Eastern Insurance Group | 10/14/2020 | 140,000 |
| Koegel John Francis | CEO, Eastern Insurance Group | 10/14/2020 | 360,000 |
| Heinemann Barbara Jane | Executive VP | 10/14/2020 | 420,000 |
| Heinemann Barbara Jane | Executive VP | 10/14/2020 | 400,000 |
| Heinemann Barbara Jane | Executive VP | 10/14/2020 | 200,000 |
| Stager Nancy Huntington | Chief HR Officer | 10/14/2020 | 553,950 |
| Stager Nancy Huntington | Chief HR Officer | 10/14/2020 | 50,000 |
| Lopez Antonio | Audit Committee, Eastern Bank | 10/14/2020 | 25,000 |
| Westermann Donald Michael | Chief Information Officer | 10/14/2020 | 200,000 |
| Sullivan Daniel J | Chief Credit Officer | 10/14/2020 | 650,000 |
| Sullivan Daniel J | Chief Credit Officer | 10/14/2020 | 350,000 |
| Miller Quincy Lee | President | 10/14/2020 | 12,800 |
| Miller Quincy Lee | President | 10/14/2020 | 832,400 |
| Miller Jan Allan | Chief Cml Banking Officer | 10/14/2020 | 1,000,000 |
| Koegel John Francis | CEO, Eastern Insurance Group | 10/14/2020 | 360,000 |
| Koegel John Francis | CEO, Eastern Insurance Group | 10/14/2020 | 140,000 |
| Henry Kathleen Cloherty | Executive VP, General Counsel | 10/14/2020 | 200,000 |
| Fitzgerald James Burke | Chief Financial Officer | 10/14/2020 | 1,322,310 |
| Fitzgerald James Burke | Chief Financial Officer | 10/14/2020 | 177,690 |
| Antonakes Steven Louis | Executive VP | 10/14/2020 | 68,690 |
| Antonakes Steven Louis | Executive VP | 10/14/2020 | 135,000 |
| Alexander Paul Garvin | Chief Mkt & Comms Officer | 10/14/2020 | 250,000 |
| Ahlquist David Andrew | SVP, Chief Accounting Officer | 10/14/2020 | 200,000 |
| Ahlquist David Andrew | SVP, Chief Accounting Officer | 10/14/2020 | 100,000 |
| Spiess Paul Davis | Director | 10/14/2020 | 500,000 |
| Spiess Paul Davis | Director | 10/14/2020 | 500,000 |
| Shell Greg Allen Sr. | Director | 10/14/2020 | 2,000,000 |
| Markell Peter Kenneth | Director | 10/14/2020 | 1,000,000 |
| Hessan Diane | Director | 10/14/2020 | 20,000 |
| Hessan Diane | Director | 10/14/2020 | 400,000 |
| Harlam Bari A | Director | 10/14/2020 | 300,000 |
| Connolly Paul Martin | Director | 10/14/2020 | 125,000 |
| CHUNG JOSEPH | Director | 10/14/2020 | 500,000 |
| Borgen Luis | Director | 10/14/2020 | 537,300 |
| Borgen Luis | Director | 10/14/2020 | 462,700 |
| Bane Richard Corey | Director | 10/14/2020 | 1,200,000 |
| Jackson Deborah C | Director | 10/14/2020 | 190,000 |
| Jackson Deborah C | Director | 10/14/2020 | 135,000 |
| Holbrook Richard Edward | Director | 10/14/2020 | 1,965,000 |
| Rivers Robert Francis | Chair and CEO | 10/14/2020 | 2,000,000 |
Load More Insider Transactions
FUNDS WITH A POSITION IN EASTERN BANKSHARES INC.
| Fund | # Shares Owned | % of Portfolio | % Change | Investing Style |
|---|---|---|---|---|
| BLACKROCK INC. | 11,621,700 | 0.00433% | 3.05% | Other |
| CAPITAL RESEARCH GLOBAL INVESTORS | 4,010,414 | 0.02% | Exited | Growth At A Reasonable Price |
| GEODE CAPITAL MANAGEMENT, LLC | 3,157,137 | 0.00517% | 4.24% | Other |
| RENAISSANCE TECHNOLOGIES LLC | 788,900 | 0.01% | 10.79% | Other |
| PRIVATE CAPITAL MANAGEMENT, LLC | 77,071 | 0.11% | -88.3% | Value |
| EJF CAPITAL LLC | 145,397 | 0.68% | -38.72% | Other |
| KEELEY-TETON ADVISORS, LLC | 218,200 | 0.34% | 21.22% | Value |
| ROYCE & ASSOCIATES LP | 135,000 | 0.02% | New | Value |
| D. E. SHAW & CO., INC. | 94,654 | 0.00128% | New | Other |
| AQR CAPITAL MANAGEMENT LLC | 34,080 | 0.00134% | Exited | Other |
| GOTHAM ASSET MANAGEMENT, LLC | 24,579 | 0.00752% | New | Other |
CHANGE IN SHARES OUTSTANDING FOR EASTERN BANKSHARES INC.
STOCK BUYBACKS FOR EASTERN BANKSHARES INC.
Period of Report
Previous Period
% Change in Shares
10-K/10-Q Filings
Quarter
Load More
Period of Report: 03/31/2023
10-K/10-Q Filings: View
Previous Period
% Change in Shares
Quarter
12/31/2022
-2.17%
1Q
09/30/2022
-2.88%
2Q
06/30/2022
-3.68%
3Q
12/31/2021
-5.92%
5Q
09/30/2021
-5.87%
6Q
06/30/2021
-5.84%
7Q
03/31/2021
-5.81%
8Q
12/31/2020
-5.68%
9Q
Load More
BUYBACK ANNOUNCEMENT(S) FOR EASTERN BANKSHARES INC.
Price on Announcement
$19.62
Buyback/Market Cap (%)
4.99%
Buyback Amount
$174.62M
Buyback Shares
8,900,000
Buyback Type
New
Repurchase Method
Market Price
Date Announced
09/07/2022 (Announcement)
Market Cap at Announcement
$3.50B
Price on Announcement
$19.62
Buyback/Market Cap (%)
4.99%
Buyback Amount
$174.62M
Buyback Shares
8,900,000
Buyback Type
New
Repurchase Method
Market Price
Price on Announcement
$20.63
Buyback/Market Cap (%)
5%
Buyback Amount
$192.64M
Buyback Shares
9,337,900
Buyback Type
New
Repurchase Method
Market Price
Date Announced
10/28/2021 (Announcement)
Market Cap at Announcement
$3.85B
Price on Announcement
$20.63
Buyback/Market Cap (%)
5%
Buyback Amount
$192.64M
Buyback Shares
9,337,900
Buyback Type
New
Repurchase Method
Market Price