Eastern Bankshares, Inc. is a bank holding company that owns Eastern Bank, a Massachusetts-chartered bank providing diversified banking and financial services across a seven-state region centered on greater Boston through lending, deposit-taking, and wealth management. The company generates revenue through net interest income on its diversified loan portfolio—which includes commercial, real estate, small business, and residential lending—and deposit-gathering through its branch network, supplemented by wealth management fees and treasury services. Eastern Bank competes with traditional banks, credit unions, securities brokerages, and non-bank financial institutions by leveraging its market position, relationship-based approach, and technology investments to capture deposits and loan volume, with particular strength in its core markets of Massachusetts, New Hampshire, and Rhode Island.