State Street Corporation filed a Schedule 13G with the SEC on November 10, 2026, disclosing a beneficial ownership position in the common stock of Eastern Bankshares Inc as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: State Street Corporation reported beneficial ownership of 11,091,105 shares of Eastern Bankshares Inc common stock.
  • Percent of class: The reported position represents 4.9% of the outstanding class of common stock.
  • Shared dispositive power: State Street holds shared power to dispose of all 11,091,105 shares; sole dispositive power is reported as 0.
  • Shared voting power: Shared voting power covers 1,683,669 shares; sole voting power is reported as 0.
  • Subsidiaries involved: Five subsidiaries are identified as the relevant investment advisers: SSGA Funds Management, Inc.; State Street Global Advisors Europe Limited; State Street Global Advisors Limited; State Street Global Advisors Trust Company; and State Street Global Advisors, Ltd.
  • Triggering date: The event requiring this filing occurred on September 30, 2026.

State Street Corporation's Schedule 13G Position in Eastern Bankshares

According to the filing, State Street Corporation, organized in Massachusetts and headquartered at One Congress Street, Suite 1, Boston, MA 02114, submitted a Schedule 13G disclosing its beneficial ownership in the common stock of Eastern Bankshares Inc (CUSIP 27627N105). Eastern Bankshares Inc is headquartered at 265 Franklin Street, Boston, Massachusetts 02110, according to the filing. State Street is classified as a parent holding company or control person for purposes of this disclosure.

The filing reports that State Street beneficially owns 11,091,105 shares in aggregate, representing 4.9% of the class. Of that total, the company holds shared power to vote or direct the vote on 1,683,669 shares and shared power to dispose or direct the disposition of all 11,091,105 shares. Both sole voting power and sole dispositive power are listed as 0. The filing notes that Item 5 applies, indicating ownership of 5 percent or less of the class.

Five subsidiaries are identified under Item 7 as the entities that acquired the securities on behalf of the parent holding company, each classified as an investment adviser (IA): SSGA Funds Management, Inc.; State Street Global Advisors Europe Limited; State Street Global Advisors Limited; State Street Global Advisors Trust Company; and State Street Global Advisors, Ltd. The filing was signed by Alok Maheshwary, Senior Vice President of State Street Corporation, and dated November 9, 2026. The certification states that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

State Street Corporation disclosed a 4.9% beneficial ownership stake, totaling 11,091,105 shares, in Eastern Bankshares Inc common stock as of September 30, 2026, through five investment adviser subsidiaries, with all dispositive power held on a shared basis.