Eastern Bankshares (EBC) Completes HarborOne Acquisition

Eastern Bankshares, Inc. completed its merger with HarborOne Bancorp, Inc. effective November 1, 2025.

Key Transaction Details

• Merger Consideration: HarborOne shareholders received either 0.765 shares of EBC stock or $12.00 cash per share, subject to proration constraints.
• Final Allocation: Approximately 84.99% of HarborOne shares received the Stock Consideration; 15.01% received Cash Consideration.
• Shares Issued: Eastern issued ~41.43 million common shares as part of the transaction.