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NASDAQ:EBC

Eastern Bankshares (EBC) Stock Price, News & Analysis

Eastern Bankshares logo
$15.33 +0.38 (+2.54%)
Closing price 05/2/2025 04:00 PM Eastern
Extended Trading
$15.32 -0.01 (-0.03%)
As of 05/2/2025 05:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Eastern Bankshares Stock (NASDAQ:EBC)

Key Stats

Today's Range
$15.01
$15.38
50-Day Range
$14.26
$17.89
52-Week Range
$12.66
$19.40
Volume
1.44 million shs
Average Volume
1.10 million shs
Market Capitalization
$3.27 billion
P/E Ratio
22.88
Dividend Yield
3.39%
Price Target
$19.25
Consensus Rating
Moderate Buy

Company Overview

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, commercial real estate and construction, small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides trust, financial planning and portfolio management, automated lock box collection, cash management, and account reconciliation services; personal, business, and employee benefits insurance products. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Eastern Bankshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
95th Percentile Overall Score

EBC MarketRank™: 

Eastern Bankshares scored higher than 95% of companies evaluated by MarketBeat, and ranked 84th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Eastern Bankshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Eastern Bankshares has only been the subject of 1 research reports in the past 90 days.

  • Read more about Eastern Bankshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Eastern Bankshares are expected to grow by 15.44% in the coming year, from $1.49 to $1.72 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Eastern Bankshares is 22.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Eastern Bankshares is 22.88, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.28.

  • Price to Book Value per Share Ratio

    Eastern Bankshares has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.24% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eastern Bankshares has recently increased by 8.94%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Eastern Bankshares pays a meaningful dividend of 3.25%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Eastern Bankshares does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Eastern Bankshares will have a dividend payout ratio of 30.23% next year. This indicates that Eastern Bankshares will be able to sustain or increase its dividend.

  • Read more about Eastern Bankshares' dividend.
  • Percentage of Shares Shorted

    2.24% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eastern Bankshares has recently increased by 8.94%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Eastern Bankshares has a news sentiment score of 0.81. 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 0.94 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 16 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Eastern Bankshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $154,000.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 1.10% 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.

  • Read more about Eastern Bankshares' insider trading history.
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EBC Stock News Headlines

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What is Seaport Res Ptn's Estimate for EBC Q1 Earnings?
See More Headlines

EBC Stock Analysis - Frequently Asked Questions

Eastern Bankshares' stock was trading at $17.25 at the start of the year. Since then, EBC shares have decreased by 11.1% and is now trading at $15.33.
View the best growth stocks for 2025 here
.

Eastern Bankshares, Inc. (NASDAQ:EBC) posted its quarterly earnings data on Thursday, April, 24th. The company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. The business earned $222.40 million during the quarter, compared to the consensus estimate of $226.98 million. Eastern Bankshares had a trailing twelve-month return on equity of 6.02% and a net margin of 11.07%.
Read the conference call transcript
.

Top institutional shareholders of Eastern Bankshares include Brown Advisory Inc. (1.96%), Massachusetts Financial Services Co. MA (1.06%), Bank of New York Mellon Corp (0.58%) and Stieven Capital Advisors L.P. (0.30%). Insiders that own company stock include Greg Allen Sr Shell, Deborah C Jackson, Luis Borgen, R David Rosato, Gregory Paul Buscone, Nancy Huntington Stager and Quincy Lee Miller.
View institutional ownership trends
.

Shares of EBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Eastern Bankshares investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD) and Netflix (NFLX).

Company Calendar

Record date for 3/14 Dividend
3/03/2025
Ex-Dividend for 3/14 Dividend
3/03/2025
Dividend Payable
3/14/2025
Last Earnings
4/24/2025
Today
5/04/2025
Record date for 6/16 Dividend
6/03/2025
Ex-Dividend for 6/16 Dividend
6/03/2025
Dividend Payable
6/16/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:EBC
Fax
N/A
Employees
2,150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.25
High Stock Price Target
$20.00
Low Stock Price Target
$18.50
Potential Upside/Downside
+25.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
22.88
Forward P/E Ratio
10.29
P/E Growth
N/A
Net Income
$119.56 million
Pretax Margin
11.82%

Debt

Sales & Book Value

Annual Sales
$527.89 million
Cash Flow
$0.95 per share
Price / Cash Flow
16.17
Book Value
$16.86 per share
Price / Book
0.91

Miscellaneous

Free Float
212,194,000
Market Cap
$3.27 billion
Optionable
Optionable
Beta
0.96
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This page (NASDAQ:EBC) was last updated on 5/5/2025 by MarketBeat.com Staff
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