{"id":404117,"date":"2020-12-21T17:28:11","date_gmt":"2020-12-21T22:28:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404117"},"modified":"2020-12-21T17:28:11","modified_gmt":"2020-12-21T22:28:11","slug":"eastern-bankshares-inc-added-to-the-russell-2000-and-russell-3000-indexes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eastern-bankshares-inc-added-to-the-russell-2000-and-russell-3000-indexes\/","title":{"rendered":"Eastern Bankshares, Inc. Added To The Russell 2000\u00ae and Russell 3000\u00ae Indexes"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Eastern Bankshares, Inc. Added To The Russell 2000<sup>\u00ae<\/sup> and Russell 3000<sup>\u00ae<\/sup> Indexes<\/b><\/p>\n<p>BOSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<span style=\"font-weight:normal\">Eastern Bankshares, Inc. (the \u201cCompany\u201d) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, today announced that the Company has been added to the U.S. small-cap Russell 2000<\/span><b><sup>\u00ae<\/sup><\/b><span style=\"font-weight:normal\"> Index and the U.S. broad-market Russell 3000<\/span><b><sup>\u00ae<\/sup><\/b><span style=\"font-weight:normal\"> Index, as well as the appropriate growth and value style indexes. The Russell index changes were effective upon the opening of the U.S. stock market today, December 21, 2020. <\/span><\/p>\n<p>\n\u201cFollowing our recent IPO just two months ago, we are very pleased to be added to these Russell indexes,\u201d said Bob Rivers, Chief Executive Officer and Chair of the Board of Eastern Bankshares, Inc. \u201cThis inclusion is an important milestone, and we believe it will increase awareness of Eastern Bankshares within the investment community and help to broaden our shareholder base.\u201d\n<\/p>\n<p>\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to Russell, approximately $9 trillion in assets are benchmarked against their U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell 2000<sup>\u00ae<\/sup> and 3000<sup>\u00ae <\/sup>Indexes, please visit the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ftserussell.com%2F&amp;esheet=52352428&amp;newsitemid=20201221005761&amp;lan=en-US&amp;anchor=FTSE+Russell+website.&amp;index=1&amp;md5=13a9d4af0a3dd5cd2ce84932f13ab150\">FTSE Russell website.<\/a><\/p>\n<p><span class=\"bwuline\">About Eastern Bankshares, Inc. and Eastern Bank<\/span><\/p>\n<p>\nEastern Bankshares, Inc. is the stock holding company for Eastern Bank. Founded in 1818, Boston-based Eastern Bank has more than 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. As of September 30, 2020, Eastern Bank had approximately $15.5 billion in total assets. Eastern provides banking, investment and insurance products and services for consumers and businesses of all sizes, including through its Eastern Wealth Management division and its Eastern Insurance Group subsidiary. Eastern takes pride in its outspoken advocacy and community support that has exceeded $140 million in charitable giving since 1999. An inclusive company, Eastern employs 1,800+ deeply committed professionals who value relationships with their customers, colleagues, and communities. For investor information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.easternbank.com%2Fhome%2Fdefault.aspx&amp;esheet=52352428&amp;newsitemid=20201221005761&amp;lan=en-US&amp;anchor=investor.easternbank.com&amp;index=2&amp;md5=c4c595e48c2baff74d36f293af35cc96\">investor.easternbank.com<\/a>.\n<\/p>\n<p><span class=\"bwuline\">Forward-Looking Statements<\/span><\/p>\n<p>\nThis press release contains forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d and \u201cintend\u201d or future or conditional verbs such as \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d or \u201cmay.\u201d Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include developments in the Company\u2019s market relating to the Covid-19 pandemic, including the severity and duration of the associated economic slowdown, adverse developments in the level and direction of loan delinquencies and charge-offs and changes in estimates of the adequacy of the allowance for loan losses, increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and Eastern Bank are engaged.\n<\/p>\n<p><b>The shares of common stock of Eastern Bankshares, Inc. are not savings accounts or savings deposits, may lose value and are not insured by the Federal Deposit Insurance Corporation or any other government agency.<\/b><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201221005761r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201221005761\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201221005761\/en\/<\/a><\/span><\/p>\n<p><b>Investor contact:<br \/>\n<\/b><br \/>Jill Belliveau<br \/>\n<br \/>Eastern Bankshares, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@easternbank.com\">InvestorRelations@easternbank.com<br \/>\n<\/a><br \/>781-598-7920<\/p>\n<p><b>Media contact:<br \/>\n<\/b><br \/>Andrea Goodman<br \/>\n<br \/>Eastern Bank<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:a.goodman@easternbank.com\">a.goodman@easternbank.com<br \/>\n<\/a><br \/>781-598-7847\n<\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Eastern Bankshares, Inc. Added To The Russell 2000\u00ae and Russell 3000\u00ae Indexes BOSTON&#8211;(BUSINESS WIRE)&#8211;Eastern Bankshares, Inc. (the \u201cCompany\u201d) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, today announced that the Company has been added to the U.S. small-cap Russell 2000\u00ae Index and the U.S. broad-market Russell 3000\u00ae Index, as well as the appropriate growth and value style indexes. The Russell index changes were effective upon the opening of the U.S. stock market today, December 21, 2020. \u201cFollowing our recent IPO just two months ago, we are very pleased to be added to these Russell indexes,\u201d said Bob Rivers, Chief Executive Officer and Chair of the Board of Eastern Bankshares, Inc. \u201cThis inclusion is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastern-bankshares-inc-added-to-the-russell-2000-and-russell-3000-indexes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eastern Bankshares, Inc. Added To The Russell 2000\u00ae and Russell 3000\u00ae Indexes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404117","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eastern Bankshares, Inc. 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(the \u201cCompany\u201d) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, today announced that the Company has been added to the U.S. small-cap Russell 2000\u00ae Index and the U.S. broad-market Russell 3000\u00ae Index, as well as the appropriate growth and value style indexes. The Russell index changes were effective upon the opening of the U.S. stock market today, December 21, 2020. \u201cFollowing our recent IPO just two months ago, we are very pleased to be added to these Russell indexes,\u201d said Bob Rivers, Chief Executive Officer and Chair of the Board of Eastern Bankshares, Inc. \u201cThis inclusion is &hellip; Continue reading &quot;Eastern Bankshares, Inc. 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