Eastern Bankshares Management
Management criteria checks 3/4
Eastern Bankshares' CEO is Denis Sheahan, appointed in Jul 2024, has a tenure of 1.75 years. total yearly compensation is $5.07M, comprised of 15.8% salary and 84.2% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $6.06M. The average tenure of the management team and the board of directors is 1.8 years and 19.8 years respectively.
Key information
Denis Sheahan
Chief executive officer
US$5.1m
Total compensation
| CEO salary percentage | 15.78% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 19.8yrs |
Recent management updates
Recent updates
Eastern Bankshares: Still Growing, Still A Long-Term Buy
Nov 11Eastern Bankshares' (NASDAQ:EBC) Upcoming Dividend Will Be Larger Than Last Year's
May 07
Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
Apr 26Eastern Bankshares: Emerging As A Stronger Bank
Jan 24Bolstered By M&A, Eastern Bankshares Still Offers Compelling Long-Term Value
Sep 24
Cambridge Merger And Decisive Moves Propel Bank Into A Bright Future
Merger with Cambridge Trust and sale of Eastern Insurance Group strengthens market share and capital base, promising enhanced future revenue and growth.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$371m |
| Dec 31 2025 | US$5m | US$800k | US$88m |
| Sep 30 2025 | n/a | n/a | US$49m |
| Jun 30 2025 | n/a | n/a | -US$63m |
| Mar 31 2025 | n/a | n/a | -US$137m |
| Dec 31 2024 | US$2m | US$338k | US$120m |
Compensation vs Market: Denis's total compensation ($USD5.07M) is about average for companies of similar size in the US market ($USD7.04M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Sheahan (59 yo)
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 | 19.3yrs | US$4.43m | 0.21% $ 9.2m | |
| CEO & Director | 1.8yrs | US$5.07m | 0.14% $ 6.1m | |
| President | 1.8yrs | US$2.27m | 0.076% $ 3.4m | |
| CFO & Treasurer | 1.7yrs | US$1.57m | 0.027% $ 1.2m | |
| Executive VP & Chief Information Officer | no data | US$2.04m | 0.027% $ 1.2m | |
| Senior VP & Head of Investor Relations | 1.3yrs | no data | no data | |
| Executive VP | no data | US$1.67m | 0.041% $ 1.8m | |
| Corporate Communications Manager | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | no data | no data | no data | |
| Executive VP & Chief People Officer | less than a year | no data | no data | |
| Executive VP & Chief Product Officer | 2.3yrs | no data | no data | |
| Executive VP & Chief Credit Officer | no data | no data | no data |
Experienced Management: EBC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 19.3yrs | US$4.43m | 0.21% $ 9.2m | |
| CEO & Director | 1.8yrs | US$5.07m | 0.14% $ 6.1m | |
| President | no data | US$2.27m | 0.076% $ 3.4m | |
| Independent Director | 12.3yrs | US$195.02k | 0.058% $ 2.6m | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Lead Director | 25.3yrs | US$218.52k | 0.041% $ 1.8m | |
| Independent Director | 20.3yrs | US$204.27k | 0.080% $ 3.6m | |
| Director | 25.3yrs | US$174.27k | 0.12% $ 5.5m | |
| Independent Director | 30.3yrs | US$198.02k | 0.089% $ 4.0m | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 10.3yrs | US$183.27k | 0.0090% $ 399.2k |
Experienced Board: EBC's board of directors are seasoned and experienced ( 19.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/28 12:38 |
| End of Day Share Price | 2026/04/28 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eastern Bankshares, Inc. is covered by 10 analysts. 6 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 |
|---|---|
| Jared David Shaw | Barclays |
| Feddie Strickland | Hovde Group, LLC |
| Steven Alexopoulos | J.P. Morgan |