About Eastern Bank
Eastern Bank is a company based in Lynn (United States) founded in 1818. The company has 2,000 employees as of December 31, 2024. Eastern Bank has completed 2 acquisitions, including Cambridge Trust Company and Century Bank. Eastern Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Lynn, United States
- Employees 2000 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Eastern Bankshares, Inc.
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Annual Revenue
$1.07 B (USD)92.04as on Dec 31, 2024
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Net Profit
$119.56 M (USD)-48.51as on Dec 31, 2024
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EBITDA
Not available
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
2000
as on Dec 31, 2024
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Investments & Acquisitions
Cambridge Trust Company
& 1 more
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IPO & Listings of Eastern Bank
Eastern Bank is a publicly listed company on the NASDAQ with ticker symbol EBC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Eastern Bank
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Leadership Team
165 people
Board Team
71 people
Software Development Team
46 people
Advisor Team
42 people
Operations Team
25 people
Commercial Team
17 people
Legal and Compliance
16 people
Product Management Team
9 people
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Funding Insights of Eastern Bank
Detailed funding history for Eastern Bank
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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- Funding amounts
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Investments & Acquisitions by Eastern Bank
Eastern Bank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cambridge Trust Company and Century Bank.
Investment portfolio details for Eastern Bank
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial bank
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Locked | Locked | 1969 | Locked | |
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Commercial banking services are offered in the United States.
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Locked | Locked | 1890 | Locked |
Complete acquisition details for Eastern Bank
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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- Domains and locations
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Financial Statements - Eastern Bank
Detailed financials for Eastern Bank
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Eastern Bank Comparisons
Peer comparison for Eastern Bank
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Eastern Bank
Eastern Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Wealth advisory and banking services are offered to clients.
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| Locked | Locked | Locked |
Global banking, investment, and wealth management services are offered worldwide.
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| Locked | Locked | Locked |
Commercial banking services are provided to businesses and individuals.
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| Locked | Locked | Locked |
Diversified financial services are offered through commercial banking operations.
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| Locked | Locked | Locked |
Regional bank
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| Locked | Locked | Locked |
Diversified financial services are offered through commercial banking operations.
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Detailed competitors of Eastern Bank
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Latest news on Eastern Bank
Complete news archive for Eastern Bank
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- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about Eastern Bank
Eastern Bank was founded in 1818.
Eastern Bank is headquartered in Lynn, United States. It is registered at Lynn, Massachusetts, United States.
As of Dec 31, 2024, the latest employee count at Eastern Bank is 2,000.
Annual revenue of Eastern Bank is $1.07B as on Dec 31, 2024.
Eastern Bank was founded in 1818 and functions as a commercial bank headquartered in Lynn, United States. Operations focus on retail and business banking within the New England region. Deposits, loans, mortgages, and investment services are extended to customers. Community-oriented financial solutions are maintained through branches and digital platforms, supporting local economic activities without international expansion.
Yes, Eastern Bank is publicly traded on NASDAQ under the ticker symbol EBC.
Eastern Bank has made 2 acquisitions, including Cambridge Trust Company, and Century Bank.
The ticker symbol of Eastern Bank is EBC on NASDAQ.