Eastern Bankshares, Inc. reports news as the holding company for Eastern Bank, a regional banking institution serving consumers, commercial clients and small businesses in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Recurring updates cover operating results, loan and deposit trends, dividends, share repurchases and the integration of completed bank acquisitions.
Company announcements also describe Eastern Bank’s commercial lending, community development financing, affordable housing loans, ESOP-related financing, treasury services, and wealth management, trust and private banking activity through Cambridge Trust Wealth Management. Leadership appointments and human capital governance updates are recurring corporate topics.
Eastern Bankshares (NASDAQ: EBC) reported fourth-quarter 2025 results that reflect the November 1 merger with HarborOne and strong organic performance. Net income was $99.5 million ($0.46 diluted) and operating net income was $94.7 million ($0.44 diluted). Period-end loans rose $4.7 billion (to $23.6 billion) and deposits rose $4.4 billion (to $25.5 billion), driven largely by the HarborOne acquisition. Net interest margin (FTE) was 3.61%. Wealth assets reached a record $10.1 billion. The company repurchased 3.1 million shares for $55.4 million and declared a quarterly dividend of $0.13 per share. Non-performing loans increased to $172.3 million; allowance for loan losses was $331.8 million (1.44%).
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Eastern Bank (EBC) announced Owen Security Solutions as a new commercial banking customer on January 13, 2026. Eastern will provide a comprehensive financing package including a revolving line of credit, working capital to support growth initiatives, and a full suite of cash management services to support daily operations. Owen Security, founded in 1973, offers alarm, fire protection and smart video monitoring for residential, commercial, industrial and government customers. Eastern named its Commercial Banking team advising the client.
Eastern Bankshares (NASDAQ: EBC) will release its fourth quarter 2025 results on Thursday, January 22, 2026 after the market close.
The company will host a conference call on Friday, January 23, 2026 at 9:00 AM Eastern Time with a toll-free dial-in number and a simultaneous webcast. Investors may join the webcast or access an on-demand replay at the company’s investor relations website: investor.easternbank.com.
Cambridge Trust Wealth Management (EBC) announced that Richard (Rick) Tyson Jr. joined as Senior Vice President, Wealth Relationship Manager effective December 18, 2025. Mr. Tyson brings more than 25 years of experience across private banking, wealth planning, investment management, trustee services and philanthropic strategies.
He previously served as Vice President, Senior Client Development Officer at Fiduciary Trust Company and held advisory roles at Wilmington Trust, Boston Private, State Street Global Advisors and Fidelity Investments Charitable Services. Mr. Tyson holds a BA from University of Lynchburg and is active in community boards and youth mentoring.
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 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) 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.