Eastern Bankshares, Inc. (EBC)
| Market Cap | 3.66B |
| Revenue (ttm) | 607.62M |
| Net Income (ttm) | 66.92M |
| Shares Out | 186.76M |
| EPS (ttm) | 0.39 |
| PE Ratio | 50.34 |
| Forward PE | 17.27 |
| Dividend | $0.14 (0.72%) |
| Ex-Dividend Date | Sep 2, 2021 |
| Volume | 299,778 |
| Open | 19.34 |
| Previous Close | 19.39 |
| Day's Range | 19.34 - 19.66 |
| 52-Week Range | 11.61 - 22.85 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 24.25 (+24.5%) |
| Est. Earnings Date | Oct 28, 2021 |
About EBC
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction ...
Financial Performance
In 2020, EBC's revenue was $540.82 million, a decrease of -7.91% compared to the previous year's $587.26 million. Earnings were $22.74 million, a decrease of -83.17%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for EBC stock is "Strong Buy." The 12-month stock price forecast is 24.25, which is an increase of 24.49% from the latest price.
News
After a Recent Pullback, Shares of This Small Regional Bank Look Attractive
This relatively new bank stock has strong fundamentals in its niche and may be undervalued at its current level.
Eastern Bankshares, Inc. Reports Second Quarter 2021 Financial Results and Declares Quarterly Dividend
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Second Quarter 2021 Financial Results and Declares Quarterly Dividend
Bank Stocks to Watch for Earnings on Jul 29: HBAN, CFR & More
While continued low interest rates and muted loan growth are likely to have hindered HBAN, CFR, TFSL, EBC and COLB in Q2; credit quality improvement on economic recovery is a bright spot.
Eastern Bankshares, Inc. Announces Second Quarter 2021 Earnings Release Date, Conference Call and Webcast
BOSTON--(BUSINESS WIRE)--Announcement of the availability of earnings release and conference call.
Eastern Bankshares, Inc. Announces Intent to Declassify Its Board of Directors
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Ba...
Eastern Bankshares, Inc. Reports First Quarter 2021 Financial Results
BOSTON--(BUSINESS WIRE)--Q1 2021 Earnings Press Release
Why Shares of Meridian Bancorp Are Climbing Today
The bank announced last night that it plans to be acquired by a nearby competitor.
Why You Shouldn't Bet Against Eastern Bankshares (EBC) Stock
Eastern Bankshares (EBC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Eastern Bankshares Is Buying Century Bancorp. Is it a Good Move?
The acquisition, which comes six months after the buyer went public, will create a $22 billion bank in the Boston area.
Eastern Bankshares, Century Bancorp To Merge With $22 Billion In Assets
Eastern Bankshares, a Boston-based mutual that is the country's largest of its kind, and Century Bancorp have entered into an agreement to merge companies, with an aggregate transaction value of $642 mi...
Why This Small Bank Stock Is Surging Today
The bank last night announced an acquisition, representing a big shake-up in its local banking scene.
Eastern Bankshares, Inc. Announces First Quarter 2021 Earnings Release Date, Conference Call and Webcast
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the foll...
Why Eastern Bankshares (EBC) Stock Might be a Great Pick
Eastern Bankshares (EBC) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
Eastern Bankshares' (EBC) CEO Bob Rivers on Q4 2020 Results - Earnings Call Transcript
Eastern Bankshares' (EBC) CEO Bob Rivers on Q4 2020 Results - Earnings Call Transcript
The Future of Home Buying Arrives in Houston
HOUSTON, Jan. 28, 2021 /PRNewswire/ -- House X today announced Houston, Texas as one of the pilot cities to launch the American Dream 2021, expanding home ownership; featuring over 40,000 new, healthier...
Eastern Bankshares, Inc. Reports Fourth Quarter 2020 Financial Results
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company of Eastern Ba...
3 Best Forever Stocks For 2021: Eastern Bankshares, WideOpenWest, And Franchise Group
My biggest investments and best ideas. 3 forever stocks to buy before the ball drops.
Eastern Bank's Recent Earnings Are Another Reason I'm Bullish on This Stock
The bank is returning to its more normal level of earnings, and it has a low-cost deposit base and practically no charge-offs.
Hidin' From Biden
Time for a second passport. A stock that will survive a blue wave.
Why Did Eastern Just Pop 25%?
Any why might it do it again? How you can get in ahead of massive demand.
The ESG Bank: Eastern Bancorp
A for-profit bank with a non-profit ethos.
Eastern Bankshares Finalizes Public Offering
Talks between J.C. Penney Co's lenders and the would-be buyers, Simon Property Group Inc SPG.N and Brookfield Property Partners LP BPY.O, broke down in recent days, Bloomberg News reported on Thursday, ...
Eastern Bankshares, Inc. Announces Receipt of Regulatory Approvals, Closing Date of Conversion and Final Results of S...
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company”), a Massachusetts corporation and the proposed holding company for Eastern Bank, announced today that it has received all required regula...