Eastern Bankshares Completes Acquisition of HarborOne Bancorp

November 1, 2025

Eastern Bankshares, Inc. completed its previously announced acquisition of HarborOne Bancorp, Inc. on November 1, 2025. Under the merger agreement, HarborOne shareholders elected to receive either Eastern common stock (0.765 shares per HarborOne share) and/or cash ($12.00 per HarborOne share) subject to allocation and proration.

Buyers
Eastern Bankshares, Inc.
Targets
HarborOne Bancorp, Inc.
Location
Massachusetts, United States
Transaction Type
Buyout

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