Eastern Bankshares, Inc. Acquires HarborOne Bancorp, Inc.
November 1, 2025
Eastern Bankshares, Inc. completed the previously announced merger with HarborOne Bancorp, Inc., effective November 1, 2025. Under the merger agreement HarborOne shareholders received either Eastern stock (subject to proration) or cash, and Eastern issued approximately 26.94 million shares in connection with the transaction, expanding Eastern’s branch and commercial banking footprint in eastern Massachusetts and Rhode Island.
- Buyers
- Eastern Bankshares, Inc.
- Targets
- HarborOne Bancorp, Inc.
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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