Eastern Bankshares files Cambridge Bancorp financials for completed merger

Eastern Bankshares, Inc.

Cambridge Bancorp audited 2023 net income $34.1M, diluted EPS $4.34; total assets $5.42B, net loans $3.98B, deposits $4.32B.
Cambridge shareholders received ~38.9 million shares of Eastern Bankshares common stock in the merger.
Unaudited pro forma condensed combined balance sheet as of March 31, 2024 and income statements for three months ended March 31, 2024 and FY 2023 filed as Exhibit 99.4.
Merger closed July 12, 2024; includes Merger, Holdco Merger, and bank-level merger of Cambridge Trust into Eastern Bank.

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