Eastern Bankshares (EBC) News Today

$14.41
+0.16 (+1.12%)
(As of 05/17/2024 ET)
Eastern Bankshares, Inc. Expected to Earn Q2 2024 Earnings of $0.19 Per Share (NASDAQ:EBC)
Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) - Equities research analysts at Keefe, Bruyette & Woods reduced their Q2 2024 EPS estimates for shares of Eastern Bankshares in a research note issued to investors on Sunday, April 28th. Keefe, Bruyette & Woods analyst D. Delmonte now expects th
Eastern Bankshares (NASDAQ:EBC) Releases Earnings Results, Beats Expectations By $0.03 EPS
Eastern Bankshares (NASDAQ:EBC - Get Free Report) issued its earnings results on Friday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.03. The firm had revenue of $230.30 million for the quarter, compared to analysts' expectations of $157.52 million. Eastern Bankshares had a net margin of 49.59% and a return on equity of 5.75%. During the same quarter last year, the company earned $0.38 earnings per share.
White Pine Capital LLC Invests $867,000 in Eastern Bankshares, Inc. (NASDAQ:EBC)
White Pine Capital LLC bought a new position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 61,085 shares of the company's stock, valued at approximately $867,000. Several other large in
Eastern Bankshares, Inc. (NASDAQ:EBC) to Issue Quarterly Dividend of $0.11
Eastern Bankshares, Inc. (NASDAQ:EBC) declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Monday, June 3rd will be given a dividend of 0.11 per share on Friday, June 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Monday, June 3rd.
KBW Keeps Their Buy Rating on Eastern Bankshares (EBC)
Jennison Associates LLC Sells 809,164 Shares of Eastern Bankshares, Inc. (NASDAQ:EBC)
Jennison Associates LLC cut its position in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 25.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,416,927 shares of the company's stock
Eastern Bankshares, Inc. (EBC)
EBC Crosses Below Key Moving Average Level
Vanguard Group Inc. Boosts Holdings in Eastern Bankshares, Inc. (NASDAQ:EBC)
Vanguard Group Inc. increased its stake in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 0.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,367,130 shares of the company's stock after buying an additional 100,820 shares during
Citigroup Inc. Reduces Stake in Eastern Bankshares, Inc. (NASDAQ:EBC)
Citigroup Inc. trimmed its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 67.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,306 shares of the company's stock after selling 105
Eastern Bankshares, Inc. (NASDAQ:EBC) Shares Sold by Wellington Management Group LLP
Wellington Management Group LLP trimmed its stake in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 25.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,904,920 shares of the company's stock after selling
Eastern Bankshares Inc (EBC)
Short Interest in Eastern Bankshares, Inc. (NASDAQ:EBC) Expands By 15.3%
Eastern Bankshares, Inc. (NASDAQ:EBC - Get Free Report) saw a significant growth in short interest in February. As of February 29th, there was short interest totalling 5,040,000 shares, a growth of 15.3% from the February 14th total of 4,370,000 shares. Based on an average daily volume of 870,800 shares, the short-interest ratio is currently 5.8 days. Approximately 3.2% of the shares of the stock are short sold.
EBC Apr 2024 15.000 call
Eastern Bankshares, Inc. (NASDAQ:EBC) Shares Sold by Citigroup Inc.
Citigroup Inc. lessened its position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 67.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,306 shares of the company's stock after selling
Richard Bernstein Advisors LLC Invests $2.78 Million in Eastern Bankshares, Inc. (NASDAQ:EBC)
Richard Bernstein Advisors LLC purchased a new position in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 221,771 shares
Eastern Bankshares, Inc. (NASDAQ:EBC) Stock Position Raised by Fmr LLC
Fmr LLC lifted its holdings in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 24.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,926,166 shares of the company's stock after purchasing
Eastern Bankshares Inc Ordinary Shares EBC
Charles Schwab Investment Management Inc. Increases Stake in Eastern Bankshares, Inc. (NASDAQ:EBC)
Charles Schwab Investment Management Inc. boosted its position in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,480,552 shares of th
Rafferty Asset Management LLC Sells 88,466 Shares of Eastern Bankshares, Inc. (NASDAQ:EBC)
Rafferty Asset Management LLC reduced its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 46.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 102,468 shares of the company's stock after selling 88,466 shares dur
Eastern Bankshares, Inc. (NASDAQ:EBC) to Post Q4 2025 Earnings of $0.41 Per Share, Seaport Res Ptn Forecasts
Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) - Equities research analysts at Seaport Res Ptn decreased their Q4 2025 earnings per share (EPS) estimates for Eastern Bankshares in a research report issued to clients and investors on Wednesday, February 21st. Seaport Res Ptn analyst L. Hunsic
State of New Jersey Common Pension Fund D Trims Stock Position in Eastern Bankshares, Inc. (NASDAQ:EBC)
State of New Jersey Common Pension Fund D decreased its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 16.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 183,976 shares of the company's stock after se
EBC Mar 2024 15.000 call
William Blair Investment Management LLC Purchases 516,200 Shares of Eastern Bankshares, Inc. (NASDAQ:EBC)
William Blair Investment Management LLC grew its position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 25.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,570,356 shares of the company's stock after pu
Eastern Bankshares, Inc. (NASDAQ:EBC) Receives Average Recommendation of "Hold" from Analysts
Eastern Bankshares, Inc. (NASDAQ:EBC - Get Free Report) has earned a consensus rating of "Hold" from the three research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and two have issued a buy recommendati
Eastern Bankshares, Inc. (NASDAQ:EBC) Shares Sold by Keeley Teton Advisors LLC
Keeley Teton Advisors LLC lowered its position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 73.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,000 shares of the company's stock after selling 135,500 shares during the period. Kee
Short Interest in Eastern Bankshares, Inc. (NASDAQ:EBC) Increases By 6.6%
Eastern Bankshares, Inc. (NASDAQ:EBC - Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 4,200,000 shares, an increase of 6.6% from the December 31st total of 3,940,000 shares. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily volume of 819,100 shares, the days-to-cover ratio is currently 5.1 days.
Impax Asset Management Group plc Purchases 260,000 Shares of Eastern Bankshares, Inc. (NASDAQ:EBC)
Impax Asset Management Group plc raised its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 53.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 750,000 shares of the company's stock after buying an ad
Eastern Bankshares, Inc. Forecasted to Post Q1 2024 Earnings of $0.21 Per Share (NASDAQ:EBC)
Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) - Analysts at Seaport Res Ptn issued their Q1 2024 EPS estimates for Eastern Bankshares in a report released on Monday, January 29th. Seaport Res Ptn analyst L. Hunsicker forecasts that the company will post earnings of $0.21 per share for the q
Eastern Bankshares (NASDAQ:EBC) Trading 3.3% Higher
Eastern Bankshares (NASDAQ:EBC) Shares Up 3.3%
KBW Remains a Buy on Eastern Bankshares (EBC)
Get Eastern Bankshares News Delivered to You Automatically

Sign up to receive the latest news and ratings for EBC and its competitors with MarketBeat's FREE daily newsletter.

Elon to Transform U.S. Economy? (Ad)

A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.

One company holds a near-total monopoly on it.

EBC Media Mentions By Week

EBC Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

EBC
News Sentiment

0.98

0.68

Average
Finance
News Sentiment

EBC News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

EBC Articles
This Week

2

2

EBC Articles
Average Week

Get Eastern Bankshares News Delivered to You Automatically

Sign up to receive the latest news and ratings for EBC and its competitors with MarketBeat's FREE daily newsletter.


Related Companies and Tools

This page (NASDAQ:EBC) was last updated on 5/18/2024 by MarketBeat.com Staff

From Our Partners