Eastern Bankshares (EBC) Stock Price, News & Analysis

Company Overview

Eastern Bankshares, Inc. is the bank holding company for Eastern Bank, a full-service financial institution headquartered in Boston, Massachusetts. Eastern Bank provides banking and financial services to individuals, families, businesses, nonprofit organizations and municipalities, with a focus on communities in eastern Massachusetts and southern New Hampshire.

The bank offers deposit accounts, residential and commercial lending, small-business banking, cash-management services, digital and mobile banking, wealth management and trust services. Through affiliated businesses, it also provides insurance and other financial solutions. Its lending activities include mortgages, home equity products, consumer loans, commercial real estate financing and business loans.

Founded in 1818, Eastern Bank is one of the oldest financial institutions in the United States. Eastern Bankshares became a publicly traded company on Nasdaq in 2020 following Eastern Bank’s conversion from a mutual institution. The company expanded through its acquisition of Century Bank in 2022 and its acquisition of Cambridge Bancorp, the parent company of Cambridge Trust, in 2023, broadening its presence across Massachusetts and New Hampshire.

Key Stats

• Today's Range: $21.28 to $21.67
• 50-Day Range: $21.50 to $23.65
• 52-Week Range: $16.61 to $23.77
• Volume: 9.06 million shs
• Average Volume: 1.80 million shs
• Market Capitalization: $4.94 billion
• P/E Ratio: 12.27
• Dividend Yield: 2.78%
• Price Target: $24.86
• Consensus Rating: Moderate Buy

Eastern Bankshares Stock Analysis - MarketRank™

Eastern Bankshares scored higher than 82% of companies evaluated by MarketBeat, and ranked 256th out of 835 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Eastern Bankshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 6 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Eastern Bankshares has a consensus price target of $24.86, representing about 15.1% upside from its current price of $21.60.

Amount of Analyst Coverage

Eastern Bankshares has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.90%

Earnings Growth

Earnings for Eastern Bankshares are expected to grow by 13.90% in the coming year, from $1.87 to $2.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eastern Bankshares is 12.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eastern Bankshares is 12.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.31.

Price to Book Value per Share Ratio

Eastern Bankshares has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.94% of the float of Eastern Bankshares has been sold short.

Short Interest Ratio / Days to Cover

Eastern Bankshares has a short interest ratio ("days to cover") of 9.03.

Change versus previous month

Short interest in Eastern Bankshares has recently increased by 0.30%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Eastern Bankshares pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eastern Bankshares has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Eastern Bankshares is 34.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Eastern Bankshares will have a dividend payout ratio of 28.17% next year. This indicates that Eastern Bankshares will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.44

News Sentiment

Eastern Bankshares has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Eastern Bankshares this week, compared to 4 articles on an average week.

MarketBeat Follows

1 people have added Eastern Bankshares to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Eastern Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,529,281.00 in company stock.

Percentage Held by Insiders

1.26% of the stock of Eastern Bankshares is held by insiders.

Percentage Held by Institutions

71.68% of the stock of Eastern Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/22 Dividend: 6/05/2026
• Ex-Dividend for 6/22 Dividend: 6/05/2026
• Dividend Payable: 6/22/2026
• Last Earnings: 7/23/2026
• Record date for 9/22 Dividend: 9/08/2026
• Ex-Dividend for 9/22 Dividend: 9/08/2026
• Today: 9/20/2026
• Dividend Payable: 9/22/2026
• Next Earnings (Estimated): 10/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:EBC
• CIK: 1810546
• Web: www.easternbank.com
• Phone: (617) 897-1100
• Fax: N/A
• Employees: 2,450
• Year Founded: 1818

Price Target and Rating

• Average Price Target for Eastern Bankshares: $24.86
• High Price Target: $26.00
• Low Price Target: $22.00
• Potential Upside/Downside: +15.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.76
• Trailing P/E Ratio: 12.27
• Forward P/E Ratio: 11.55
• P/E Growth: N/A
• Net Income: $88.22 million
• Net Margins: 25.12%
• Pretax Margin: 26.83%
• Return on Equity: 8.71%
• Return on Assets: 1.24%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $1.33 billion
• Price / Sales: 3.72
• Cash Flow: $1.77 per share
• Price / Cash Flow: 12.17
• Book Value: $20.59 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 228,510,000
• Free Float: 225,633,000
• Market Cap: $4.94 billion
• Optionable: Optionable
• Beta: 0.66