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Eastern Bankshares Completes HarborOne Acquisition Merger

Story Highlights
  • Eastern Bankshares completed its acquisition of HarborOne Bancorp on November 1, 2025.
  • The merger strengthens Eastern’s market presence and involves new board appointments and operational integration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eastern Bankshares Completes HarborOne Acquisition Merger

Meet Your ETF AI Analyst

Eastern Bankshares ( (EBC) ) has provided an update.

On November 1, 2025, Eastern Bankshares completed its acquisition of HarborOne Bancorp, merging HarborOne and its subsidiaries into Eastern. This strategic merger, initially announced in April 2025, positions Eastern as the surviving entity and aims to enhance its market presence. The merger consideration allowed HarborOne shareholders to choose between stock or cash, with a majority opting for stock. The transaction is expected to strengthen Eastern’s operations and expand its market reach, with implications for stakeholders including new board appointments and integration of HarborOne’s operations into Eastern’s framework.

The most recent analyst rating on (EBC) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Eastern Bankshares stock, see the EBC Stock Forecast page.

Spark’s Take on EBC Stock

According to Spark, TipRanks’ AI Analyst, EBC is a Neutral.

Eastern Bankshares’ overall stock score reflects a mixed financial performance with profitability challenges, a neutral technical outlook, and high valuation concerns. The earnings call provided positive insights into earnings growth and strategic initiatives, but highlighted risks such as increased nonperforming loans.

To see Spark’s full report on EBC stock, click here.

More about Eastern Bankshares

Eastern Bankshares, Inc. is the holding company for Eastern Bank, a leading local bank in Greater Boston, founded in 1818. The bank operates 109 branch locations across eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island.

Average Trading Volume: 2,510,398

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.71B

For a thorough assessment of EBC stock, go to TipRanks’ Stock Analysis page.

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