secwatch.observer — SEC 8-K summary
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Issuer:     Eastern Bankshares, Inc. (EBC)
CIK:        0001810546
Form:       8-K/A
Filed at:   2024-09-20T23:59:59+00:00
Accession:  0001628280-24-041005
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Bankshares files Cambridge Bancorp financials for completed merger
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810546/000162828024041005/0001628280-24-041005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810546/000162828024041005/ebc-20240712.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-041005

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