Eastern Bankshares Files 8-K on Financials

Ticker: EBC · Form: 8-K · Filed: Oct 24, 2024 · CIK: 1810546

Eastern Bankshares, Inc. 8-K Filing Summary
FieldDetail
CompanyEastern Bankshares, Inc. (EBC)
Form Type8-K
Filed DateOct 24, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.12
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, 8-k

TL;DR

Eastern Bankshares dropped an 8-K on 10/24 detailing financial results. Check it out.

AI Summary

Eastern Bankshares, Inc. filed an 8-K on October 24, 2024, to report on its results of operations and financial condition. The filing also includes information related to Regulation FD and financial statements/exhibits. The company is a federally chartered savings institution based in Boston, MA.

Why It Matters

This filing provides crucial updates on Eastern Bankshares' financial performance and condition, which is important for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial disclosure filing and does not appear to contain any immediate negative news or significant changes.

Key Players & Entities

  • Eastern Bankshares, Inc. (company) — Registrant
  • October 24, 2024 (date) — Date of Report
  • Boston, MA (location) — Principal Executive Offices

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on Eastern Bankshares, Inc.'s results of operations and financial condition, as well as to include information related to Regulation FD and financial statements and exhibits.

When was this 8-K filing submitted?

This 8-K filing was submitted on October 24, 2024.

Where is Eastern Bankshares, Inc. headquartered?

Eastern Bankshares, Inc.'s principal executive offices are located at 125 High Street, Boston, MA 02110.

What is the Standard Industrial Classification (SIC) code for Eastern Bankshares, Inc.?

The Standard Industrial Classification (SIC) code for Eastern Bankshares, Inc. is 6035, which corresponds to Savings Institution, Federally Chartered.

What is the exact name of the company filing this report?

The exact name of the company filing this report is Eastern Bankshares, Inc.

Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-10-24 16:21:42

Key Financial Figures

  • $0.12 — of a regular quarterly cash dividend of $0.12 per share payable on December 16, 2024

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On October 24, 2024, Eastern Bankshares, Inc., a Massachusetts corporation (the "Company") and the stock holding company for Eastern Bank, issued a press release in which it announced its earnings for the quarter ended September 30, 2024. A copy of the press release is furnished herewith as Exhibit 99.1.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. In the press release announcing the Company's earnings for the quarter ended September 30, 2024, the Company announced the approval by its Board of Directors of a regular quarterly cash dividend of $0.12 per share payable on December 16, 2024 to shareholders of record as of the close of business on December 3, 2024. In connection with issuing such press release, the Company posted an investor presentation in the "Presentations" section of the Company's investor relations website at investor.easternbank.com on October 24, 2024.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press release dated October 2 4 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. EASTERN BANKSHARES, INC. DATE: October 24, 2024 By: /s/ David Rosato David Rosato Chief Financial Officer

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