secwatch.observer — SEC 8-K summary
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Issuer:     Eastern Bankshares, Inc. (EBC)
CIK:        0001810546
Form:       8-K/A
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001628280-23-036961
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Bankshares files pro forma financials for insurance operations sale to Arthur J. Gallagher
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- Completed sale of Eastern Insurance Group LLC to Arthur J. Gallagher Risk Management Services on Oct 31, 2023.
- Pro forma balance sheet as of Sep 30, 2023 and income statements for 2020-2023 remove EIG results.
- EIG historical results will be reported as discontinued operations from Q3 2023 onward.
- Pro forma adjustments exclude allocation of corporate overhead, interest expense, and future dis-synergies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810546/000162828023036961/0001628280-23-036961-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810546/000162828023036961/ebc-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-036961

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