Eastern Bankshares Management
Management criteria checks 1/4
Eastern Bankshares' CEO is Denis Sheahan, appointed in Jul 2024, has a tenure of less than a year. directly owns 0.12% of the company’s shares, worth $4.33M. The average tenure of the management team and the board of directors is 0.4 years and 12.4 years respectively.
Key information
Denis Sheahan
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | less than a year |
| Board average tenure | 12.4yrs |
Recent management updates
Recent updates
Bolstered By M&A, Eastern Bankshares Still Offers Compelling Long-Term Value
Sep 24Eastern Bankshares (NASDAQ:EBC) Is Due To Pay A Dividend Of $0.11
Jan 30
Eastern Bankshares (NASDAQ:EBC) Is Increasing Its Dividend To $0.11
Nov 21Eastern Bankshares (NASDAQ:EBC) Has Affirmed Its Dividend Of $0.11
Oct 31Eastern Bankshares (NASDAQ:EBC) Will Pay A Dividend Of $0.10
Aug 30Eastern Bankshares (NASDAQ:EBC) Has Affirmed Its Dividend Of $0.10
Aug 01Eastern Bankshares (NASDAQ:EBC) Has Announced A Dividend Of $0.10
May 02News Flash: 5 Analysts Think Eastern Bankshares, Inc. (NASDAQ:EBC) Earnings Are Under Threat
Feb 01Eastern Bankshares announces new share repurchase plan
Sep 07Eastern Bankshares: Earnings To Continue Full Steam Ahead, But Stock Is Pricey
Aug 11Revenue Beat: Eastern Bankshares, Inc. Exceeded Revenue Forecasts By 9.5% And Analysts Are Updating Their Estimates
Aug 02We Ran A Stock Scan For Earnings Growth And Eastern Bankshares (NASDAQ:EBC) Passed With Ease
Jul 21CEO
Denis Sheahan (58 yo)
less than a year
Tenure
Mr. Denis K. Sheahan is Chief Executive Officer and Director of Eastern Bankshares, Inc. and Eastern Bank from July 12, 2024. He serves as the Chairman and Chief Executive Officer of Cambridge Trust Compan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 17.9yrs | US$4.92m | 0.12% $ 4.2m | |
| President & COO | less than a year | US$1.99m | 0.043% $ 1.5m | |
| Executive VP & Chief Information Officer | no data | US$1.24m | 0.019% $ 669.6k | |
| Executive VP | no data | US$1.46m | 0.019% $ 669.6k | |
| CEO & Director | less than a year | no data | 0.12% $ 4.3m | |
| CFO & Treasurer | less than a year | no data | 0.0050% $ 173.2k | |
| Head of Investor Relations | no data | no data | no data | |
| Corporate Communications Manager | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | no data | no data | no data | |
| Executive VP & Chief Product Officer | less than a year | no data | no data | |
| Executive VP & Chief Credit Officer | no data | no data | no data | |
| Executive VP & Chief Commercial Banking Officer | no data | no data | 0.010% $ 355.1k |
0.4yrs
Average Tenure
50yo
Average Age
Experienced Management: EBC's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 17.9yrs | US$4.92m | 0.12% $ 4.2m | |
| CEO & Director | less than a year | no data | 0.12% $ 4.3m | |
| Independent Director | 10.9yrs | US$190.58k | 0.062% $ 2.2m | |
| Independent Director | 8.9yrs | US$170.83k | 0.058% $ 2.0m | |
| Independent Director | 13.9yrs | US$193.58k | 0.043% $ 1.5m | |
| Independent Lead Director | 23.9yrs | US$217.33k | 0.043% $ 1.5m | |
| Independent Director | 18.9yrs | US$204.08k | 0.086% $ 3.0m | |
| Director | 23.9yrs | US$164.08k | 0.13% $ 4.7m | |
| Independent Director | 28.9yrs | US$209.33k | 0.096% $ 3.4m | |
| Independent Director | 10yrs | US$188.58k | 0.086% $ 3.0m | |
| Independent Director | 8.9yrs | US$168.83k | 0.015% $ 511.8k | |
| Independent Director | 10.9yrs | US$176.58k | 0.037% $ 1.3m |
12.4yrs
Average Tenure
68.5yo
Average Age
Experienced Board: EBC's board of directors are seasoned and experienced ( 12.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:53 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Eastern Bankshares, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Civiello | Janney Montgomery Scott LLC |
| Steven Alexopoulos | J.P. Morgan |
| Damon DelMonte | Keefe, Bruyette, & Woods |