Compare · EBC vs INDB
EBC vs INDB
Side-by-side comparison of Eastern Bankshares Inc. (EBC) and Independent Bank Corp. (INDB): 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 INDB focuses on Major Banks.
- EBC is the larger of the two at $4.59B, about 1.2x INDB ($3.85B).
- EBC has been more active in the news (17 items in the past 4 weeks vs 15 for INDB).
- INDB has more recent analyst coverage (13 ratings vs 11 for EBC).
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.
Independent Bank Corp.
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2020, it operates through a network of ninety-six full service and two limited service retail branches, sixteen commercial banking centers, ten investment management offices, and eight mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, 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 INDB
- Director Lerner Joseph C sold $218,953 worth of shares (2,832 units at $77.31), decreasing direct ownership by 15% to 16,215 units (SEC Form 4)
- Director O'Day Susan Perry was granted 842 shares, increasing direct ownership by 15% to 6,513 units (SEC Form 4)
- Director Lerner Joseph C was granted 842 shares, increasing direct ownership by 5% to 19,047 units (SEC Form 4)
- Director Morton James O'Shanna was granted 842 shares, increasing direct ownership by 18% to 5,431 units (SEC Form 4)
- Director Abelli Donna L was granted 842 shares (SEC Form 4)
- Director O'Leary Leif was granted 842 shares, increasing direct ownership by 88% to 1,800 units (SEC Form 4)
- Director Ansin Ken S was granted 842 shares, increasing direct ownership by 17% to 5,937 units (SEC Form 4)
- Director Nadeau Gerard F was granted 842 shares, increasing direct ownership by 4% to 22,214 units (SEC Form 4)
- Director Venables Thomas R was granted 842 shares, increasing direct ownership by 4% to 21,399 units (SEC Form 4)
- Director Hogan Michael P. was granted 842 shares, increasing direct ownership by 12% to 7,808 units (SEC Form 4)