Eastern Bankshares, Inc. (EBC)
| Market Cap | 3.17B |
| Revenue (ttm) | 549.63M |
| Net Income (ttm) | -62.84M |
| Shares Out | 198.68M |
| EPS (ttm) | -0.35 |
| PE Ratio | n/a |
| Forward PE | 8.52 |
| Dividend | $0.52 (3.26%) |
| Ex-Dividend Date | Jun 3, 2025 |
| Volume | 3,424,248 |
| Open | 16.24 |
| Previous Close | 15.77 |
| Day's Range | 15.81 - 16.39 |
| 52-Week Range | 13.51 - 19.40 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 19.25 (+20.61%) |
| Earnings Date | Jul 24, 2025 |
About EBC
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services 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, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and other ... [Read more]
Financial Performance
In 2024, Eastern Bankshares's revenue was $664.13 million, an increase of 126.97% compared to the previous year's $292.60 million. Earnings were $119.56 million, a decrease of -48.50%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for EBC stock is "Buy." The 12-month stock price target is $19.25, which is an increase of 20.61% from the latest price.
News
Eastern Bankshares: Growing Through Acquisitions, Attractive Value
Eastern Bankshares, Inc. delivered strong Q2 results, with revenue up 59% and solid loan and deposit growth driven by recent mergers. Net interest margin expanded significantly, asset quality improved...
Eastern Bankshares, Inc. (EBC) Q2 2025 Earnings Conference Call Transcript
Covenant Logistics Group, Inc. (CVLG) Q2 2025 Earnings Call July 25, 2025 9:00 AM ET Company Participants Denis K. Sheahan - CEO & Director R.
Eastern Bankshares, Inc. Reports Second Quarter 2025 Financial Results
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Second Quarter 2025 Financial Results.
Eastern Bank Is Recognized By Disability:IN As A 2025 Best Place To Work For Disability Inclusion
BOSTON--(BUSINESS WIRE)--Eastern Bank has been recognized for the second year in a row by Disability:IN as a Best Place to Work for Disability Inclusion on the 2025 Disability Index®. The Disability I...
Eastern Bank Foundation Welcomes Eva A. Millona as New Foundation Fellow to Lead Career-Focused English Proficiency Initiative
BOSTON--(BUSINESS WIRE)--Eastern Bank Foundation is pleased to announce Eva A. Millona has joined its team as a Foundation Fellow focused on the design, implementation, and promotion of a new Career-F...
U.S. Banks Scale Back Held-To-Maturity Securities For 9th Quarter In A Row
Bank bond portfolios remained underwater in the first quarter and valuations have not improved much in the second quarter as fears of persistent inflation and budget deficits have pushed intermediate ...
Eastern Bankshares, Inc. Announces Second Quarter 2025 Earnings Release Date, Conference Call and Webcast
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces Second Quarter 2025 Earnings Release Date, Conference Call and Webcast.
Joseph Rodolfy Joins Eastern Bank As Senior Vice President, Commercial Real Estate Relationship Manager
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Joseph Rodolfy as a Senior Vice President, Commercial Real Estate Relationship Manager. Mr. Rodolfy brings over 13 years of banking experien...
Karl-Henry Francois Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Karl-Henry Francois as a Senior Vice President, Commercial Banking Relationship Manager. Mr. Francois brings more than 20 years of banking e...
Eastern Bank Announces Tobin Scientific As A Commercial Banking Customer
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce Tobin Scientific, a leading provider of ambient and cold GMP storage, biorepository services and specialized logistics for the life science...
Eastern Bank Welcomes David Ciolfi To Cambridge Trust Private Banking, A Division Of Eastern Bank, As Senior Vice President, Team Lead For Business Development
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome David Ciolfi as a Senior Vice President, Team Lead for Business Development with Cambridge Trust Private Banking, a Division of Eastern Bank...
HARBORONE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HarborOne Bancorp - HONE
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Harbo...
Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
Like the wider space, Boston-based Eastern Bankshares has been up and down since my last piece, with recent economic concerns undoing the stock's post-election rally. Eastern recently reported first q...
Eastern Bankshares, Inc. (EBC) Q1 2025 Earnings Call Transcript
Eastern Bankshares, Inc. (NASDAQ:EBC) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants Robert Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Ro...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of HarborOne Bancorp, Inc.
NEW YORK , April 25, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by HarborOne Bancorp, Inc. (NASDAQ: HONE) and its board of directors concerning the propo...
Eastern to acquire HarborOne in $490 million deal in latest U.S. regional bank consolidation
Eastern Bankshares will acquire HarborOne Bancorp in a stock and cash deal valued at $490 million, the lenders said on Thursday, as bank consolidation gains traction in an uncertain market.
Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Enter Into Definitive Agreement To Merge
BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern” or “the Company”) (Nasdaq: EBC), the holding company for Eastern Bank, and HarborOne Bancorp (“HarborOne”) (Nasdaq: HONE)...
Eastern Bankshares, Inc. Reports First Quarter 2025 Financial Results
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports First Quarter 2025 Financial Results.
Eastern Bankshares, Inc. Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast.
Theresa Conroy Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Theresa Conroy as a Senior Vice President, Commercial Banking Relationship Manager. Ms. Conroy brings 20 years of commercial and industrial ...
Eastern Bank Expands Franchise Lending Offering
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to expand its Franchise Lending group with the arrivals of Senior Vice President and Head of Specialty Finance David Farwell and Senior Vice President ...
Eastern Bankshares: Emerging As A Stronger Bank
Eastern Bankshares, Inc.'s Q4 results showed strong revenue growth, driven by mergers, with a 35.3% increase year-over-year, beating estimates by $4.7 million. Margins are stabilizing, with an eight b...
Eastern Bankshares, Inc. (EBC) Q4 2024 Earnings Call Transcript
Eastern Bankshares, Inc. (NASDAQ:EBC) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants Bob Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Ros...
Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share.
Andrew Hersom Joins Eastern Bank As Senior Vice President, Head Of Investor Relations
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Andrew Hersom as Senior Vice President, Head of Investor Relations. Mr. Hersom brings over 19 years of investor relations experience. He joi...