Eastern Bankshares Completes Acquisition of HarborOne

Reuters
2025.11.03 21:00
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Eastern Bankshares, Inc. has successfully completed its acquisition of HarborOne Bancorp, Inc., effective November 1, 2025. As part of the merger, HarborOne merged into Eastern, and HarborOne Bank merged into Eastern Bank. HarborOne shareholders could choose between receiving 0.765 shares of Eastern common stock or $12.00 in cash per share, subject to proration. Approximately 41.4 million shares of Eastern common stock were issued, increasing the total outstanding shares to about 238.5 million as of September 30, 2025.