Eastern Bankshares (EBC) Stock Price, News & Analysis

Company Overview

Eastern Bankshares Inc. is a Massachusetts-based financial holding company and the parent of Eastern Bank, one of the oldest and largest mutual banks in the United States. Through its subsidiary, the company offers a full spectrum of banking and financial services to individuals, small and mid-sized businesses, corporations, municipalities and nonprofit organizations. Headquartered in Boston, Eastern Bankshares is committed to delivering personalized relationship banking across its regional branch network.

The company’s core business activities include commercial lending, consumer and mortgage banking, treasury management, capital markets services and deposit-taking. In addition to traditional checking and savings accounts, Eastern Bankshares provides digital banking platforms and cash management solutions designed to streamline payments, manage receivables and optimize liquidity. Wealth management and trust services, retirement planning, insurance and investment advisory offerings further broaden its service suite, enabling clients to address a variety of financial needs under one roof.

Tracing its roots back to 1818 as the Salem Savings Bank, the company reorganized as a bank holding company under the name Eastern Bankshares in 1989. Over the course of two centuries, it has expanded from its New England origins to serve customers across Massachusetts, New Hampshire, Rhode Island, southeastern Connecticut and select markets in Florida. The organization places a strong emphasis on community reinvestment, supporting affordable housing, economic development and small business growth in the markets it serves.

Under the leadership of President and Chief Executive Officer Robert M. Rivers III, Eastern Bankshares continues to focus on fostering long-term relationships, maintaining strong credit quality and investing in technology. Guided by a board of directors with deep expertise in banking, finance and community development, the company emphasizes corporate citizenship, diversity and responsible growth as integral components of its strategic vision.

Key Stats

• Today's Range: $15.86 to $16.07
• 50-Day Range: $14.18 to $16.15
• 52-Week Range: $13.51 to $19.40
• Volume: 881,629 shs
• Average Volume: 1.22 million shs
• Market Capitalization: $3.39 billion
• P/E Ratio: N/A
• Dividend Yield: 3.27%
• Price Target: $19.25
• Consensus Rating: Moderate Buy

Eastern Bankshares Stock Analysis - MarketRank™

Eastern Bankshares scored higher than 95% of companies evaluated by MarketBeat, and ranked 203rd out of 936 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Eastern Bankshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, 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.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 15.44%

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 13.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eastern Bankshares is 13.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Book Value per Share Ratio

Eastern Bankshares has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.43% 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 4.8.

Change versus previous month

Short interest in Eastern Bankshares has recently increased by 1.12%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Eastern Bankshares pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eastern Bankshares has been increasing its dividend for 5 years.

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.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -0.65

Percentage of Shares Shorted

3.43% 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 4.8.

Change versus previous month

Short interest in Eastern Bankshares has recently increased by 1.12%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.37

News Sentiment

Eastern Bankshares has a news sentiment score of 1.37. 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 higher news sentiment than the 0.94 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.

Search Interest

1 people have searched for EBC on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 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 $73,445.00 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.

EBC Stock Analysis - Frequently Asked Questions

How have EBC shares performed this year?

Eastern Bankshares' stock was trading at $17.25 on January 1st, 2025. Since then, EBC stock has decreased by 7.9% and is now trading at $15.88.

How were Eastern Bankshares' earnings last quarter?

Eastern Bankshares, Inc. (NASDAQ:EBC) released its earnings results on Thursday, April, 24th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $222.40 million for the quarter, compared to analyst estimates of $226.98 million. Eastern Bankshares had a negative net margin of 15.56% and a positive trailing twelve-month return on equity of 6.42%.
Read the conference call transcript.

Who are Eastern Bankshares' major shareholders?

Eastern Bankshares' top institutional shareholders include SeaCrest Wealth Management LLC (0.03%), Rockland Trust Co. (0.01%) and Enterprise Bank & Trust Co (0.01%). 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.

How do I buy shares of Eastern Bankshares?

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.

What other stocks do shareholders of Eastern Bankshares own?

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

• Last Earnings: 4/24/2025
• Record date for 6/16 Dividend: 6/03/2025
• Ex-Dividend for 6/16 Dividend: 6/03/2025
• Dividend Payable: 6/16/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:EBC
• CIK: 1810546
• Web: www.easternbank.com
• Phone: 800-327-8376
• Fax: N/A
• Employees: 1,998
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Eastern Bankshares: $19.25
• High Price Target: $20.00
• Low Price Target: $18.50
• Potential Upside/Downside: +21.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.65)
• Trailing P/E Ratio: 13.81
• Forward P/E Ratio: 10.66
• P/E Growth: N/A
• Net Income: $119.56 million
• Net Margins: -15.56%
• Pretax Margin: -8.77%
• Return on Equity: 6.42%
• Return on Assets: 0.91%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 0.87
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 3.12
• Cash Flow: $1.03 per share
• Price / Cash Flow: 15.36
• Book Value: $16.83 per share
• Price / Book: 0.94

Miscellaneous

• Outstanding Shares: 213,500,000
• Free Float: 211,152,000
• Market Cap: $3.39 billion
• Optionable: Optionable
• Beta: 0.94