Eastern Bankshares Completes Acquisition of HarborOne Bancorp
November 1, 2025
Eastern Bankshares, Inc. completed its previously announced acquisition of HarborOne Bancorp, Inc., with the HarborOne and HarborOne Bank mergers becoming effective on November 1, 2025. Under the merger agreement, HarborOne shareholders received an election between Eastern common stock (0.765 shares per HarborOne share) and cash ($12.00 per share), subject to allocation/proration.
- Buyers
- Eastern Bankshares, Inc.
- Targets
- HarborOne Bancorp, Inc.
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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