Eastern Bankshares (EBC) Stock Price, News & Analysis

Company Overview

Eastern Bankshares, Inc. (NASDAQ:EBC) is the holding company for Eastern Bank, a full-service commercial bank headquartered in Boston, Massachusetts. Founded in 1818, Eastern Bank is one of the oldest and largest mutual bank franchises in the United States before becoming a publicly traded company in 2020.

Eastern Bank provides banking and financial services to businesses, organizations, professionals and individual consumers. Its offerings include commercial and residential lending, business and personal deposit accounts, cash-management and treasury services, consumer banking, mortgage services, wealth management and investment services.

The company primarily serves communities in eastern Massachusetts and southern New Hampshire through a network of banking offices and digital banking channels. Eastern Bankshares expanded its regional presence through the acquisition of Cambridge Bancorp, the parent company of Cambridge Trust, which was completed in 2023. The combined organization continues to focus on relationship-based banking for commercial, nonprofit, municipal and consumer customers.

Key Stats

• Today's Range: $21.23 to $21.53
• 50-Day Range: $20.93 to $23.65
• 52-Week Range: $16.61 to $23.77
• Volume: 2.70 million shs
• Average Volume: 2.36 million shs
• Market Capitalization: $4.91 billion
• P/E Ratio: 12.20
• Dividend Yield: 2.79%
• Price Target: $24.86
• Consensus Rating: Moderate Buy

Eastern Bankshares Stock Analysis - MarketRank™

Eastern Bankshares scored higher than 76% of companies evaluated by MarketBeat, and ranked 341st out of 839 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: 3.6 / 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 15.8% upside from its current price of $21.47.

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 12.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eastern Bankshares is 12.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.42.

Price to Book Value per Share Ratio

Eastern Bankshares has a P/B Ratio of 1.04. 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

7.45% 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 8.25.

Change versus previous month

Short interest in Eastern Bankshares has recently increased by 7.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Eastern Bankshares pays a meaningful dividend of 2.80%, 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: 0.6 / 5
• News Sentiment: N/A

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 $1,491,734.00 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

• Last Earnings: 7/23/2026
• Record date for 9/22 Dividend: 9/08/2026
• Ex-Dividend for 9/22 Dividend: 9/08/2026
• Dividend Payable: 9/22/2026
• Today: 10/04/2026
• 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: +15.8%
• 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: 12.20
• Forward P/E Ratio: 11.48
• 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: 3.69
• Cash Flow: $1.78 per share
• Price / Cash Flow: 12.09
• Book Value: $20.59 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 228,510,000
• Free Float: 225,633,000
• Market Cap: $4.91 billion
• Optionable: Optionable
• Beta: 0.70