Compare · EBC vs EBSB
EBC vs EBSB
Side-by-side comparison of Eastern Bankshares Inc. (EBC) and Meridian Bancorp, Inc. (EBSB): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both companies sit in the Finance sector. EBC focuses on Savings Institutions, while EBSB focuses on Major Banks.
- EBC is the larger of the two at $4.59B, about 3.6x EBSB ($1.27B).
- EBC has hit the wire 17 times in the past 4 weeks while EBSB has been quiet.
- EBC has more recent analyst coverage (11 ratings vs 0 for EBSB).
Eastern Bankshares Inc.
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans, as well as mortgage and personal loans, auto loans, preferred term loans, small business administration loans, and reserve lines of credit. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, pension planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; and electronic banking and foreign exchange services, as well as various insurance products. As of April 1, 2021, the company had approximately 110 locations in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
Meridian Bancorp, Inc.
Meridian Bancorp, Inc. operates as the holding company for East Boston Savings Bank that provides various financial products and services for individuals and businesses primarily in Suffolk, Norfolk, Middlesex, and Essex Counties, Massachusetts. The company accepts various deposit products, including non-interest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts, including NOW and money market accounts; savings accounts; and certificates of deposit, as well as commercial checking accounts. Its loan portfolio includes commercial real estate loans, which are secured by properties used for business purposes, such as office buildings, industrial facilities, and retail facilities; one- to four-family residential loans, such as mortgage loans that enable borrowers to purchase or refinance existing homes; multi-family real estate loans; construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans, including automobile loans, loans secured by savings or certificate accounts, credit builders, and annuity and overdraft loans. The company also engages in the securities transactions business. The company operates 42 full-service locations, one mobile branch, and three loan centers. Meridian Bancorp, Inc. was founded in 1848 and is headquartered in Peabody, Massachusetts.
Latest EBC
- Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
- Director Schmidt Cathleen Agnes was granted 3,883 shares, increasing direct ownership by 43% to 13,011 units (SEC Form 4)
- Director Markell Peter Kenneth was granted 3,883 shares, increasing direct ownership by 2% to 182,498 units (SEC Form 4)
- Director Chung Joseph was granted 3,883 shares, increasing direct ownership by 3% to 132,498 units (SEC Form 4)
- Director Hessan Diane was granted 3,883 shares, increasing direct ownership by 3% to 122,498 units (SEC Form 4)
- Director Holbrook Richard Edward was granted 3,883 shares, increasing direct ownership by 1% to 278,998 units (SEC Form 4)
- Director Bane Richard Corey was granted 3,883 shares, increasing direct ownership by 2% to 202,498 units (SEC Form 4)
- Director Harlam Bari A was granted 3,883 shares, increasing direct ownership by 5% to 81,967 units (SEC Form 4)
- Director Palandjian Leon Aghababai was granted 3,883 shares, increasing direct ownership by 4% to 99,561 units (SEC Form 4)
- Director Zelleke Andargachew S was granted 3,883 shares, increasing direct ownership by 40% to 13,595 units (SEC Form 4)
Latest EBSB
- SEC Form 15-12B filed by Meridian Bancorp, Inc.
- SEC Form 4: Gavegnano Richard J returned 1,053,668 shares to the company, closing all direct ownership in the company (tax liability)
- SEC Form 4: Romano Frank returned 235,647 shares to the company, closing all direct ownership in the company to satisfy withholding obligation
- SEC Form 4: Carroll John A returned 58,488 shares to the company, closing all direct ownership in the company (for withholding tax)
- SEC Form 4: Merritt Edward J returned 101,303 shares to the company, closing all direct ownership in the company to satisfy withholding tax
- SEC Form 4: Fisher Kenneth R returned 32,384 shares to the company, closing all direct ownership in the company to satisfy withholding obligation
- SEC Form 4: Chin Russell L returned 5,856 shares to the company, closing all direct ownership in the company (tax withholding)
- SEC Form 4: Censullo Marilyn A returned 95,037 shares to the company, closing all direct ownership in the company (withholding obligation)
- SEC Form 4: Dimaria Anna R returned 96,003 shares to the company, closing all direct ownership in the company to satisfy withholding tax
- SEC Form 4: Gunning Thomas J returned 38,323 shares to the company, closing all direct ownership in the company (tax liability)