Eastern Bankshares, Inc. (EBC)

Market Cap	3.58B
Revenue (ttm)	664.13M
Net Income (ttm)	119.56M
Shares Out	201.86M
EPS (ttm)	0.66
PE Ratio	26.88
Forward PE	11.93
Dividend	$0.48 (2.71%)
Ex-Dividend Date	Mar 4, 2025

Volume	1,301,841
Open	18.36
Previous Close	18.29
Day's Range	17.64 - 18.47
52-Week Range	12.22 - 19.40
Beta	0.94
Analysts	Buy
Price Target	20.25 (+14.15%)
Earnings Date	Jan 23, 2025

About EBC

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 per...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 15, 2020
• Employees: 1,744
• Stock Exchange: NASDAQ
• Ticker Symbol: EBC
• Website: https://www.easternbank.com

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%.

Analyst Forecast

According to 2 analysts, the average rating for EBC stock is "Buy." The 12-month stock price forecast is $20.25, which is an increase of 14.15% from the latest price.

Price Target

$20.25

(14.15% upside)

Analyst Consensus: Buy