Eastern Bankshares, Inc. (EBC)
| Market Cap | 2.99B |
| Revenue (ttm) | 534.88M |
| Net Income (ttm) | 98.04M |
| Shares Out | 179.26M |
| EPS (ttm) | 0.55 |
| PE Ratio | 29.67 |
| Forward PE | 25.19 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $16.23 |
| Previous Close | $16.15 |
| Change ($) | 0.08 |
| Change (%) | 0.50% |
| Day's Open | 16.02 |
| Day's Range | 15.88 - 16.23 |
| Day's Volume | 926,704 |
| 52-Week Range | 11.88 - 16.96 |
My biggest investments and best ideas. 3 forever stocks to buy before the ball drops.
The bank is returning to its more normal level of earnings, and it has a low-cost deposit base and practically no charge-offs.
Any why might it do it again? How you can get in ahead of massive demand.
Nine IPOs and five SPACs went public this past week, and one IPO postponed.
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 ...
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 requi...
Mutual savings banks that go public have often seen their stock prices perform very well. Can Eastern, the nation's largest mutual, follow suit?
About EBC
Eastern Bankshares provides commercial banking products and services primarily to retail, commercial, and small business customers. The company offers interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans. Its personal banking products and services also include debit and credit ca... [Read more...]
| Industry Banks-Regional | IPO Date Oct 15, 2020 |
| CEO Robert F. Rivers | Employees 1,676 |
| Stock Exchange NASDAQ | Ticker Symbol EBC |
Financial Performance
In 2019, EBC's revenue was $587.26 million, an increase of 5.71% compared to the previous year's $555.54 million. Earnings were $135.10 million, an increase of 10.08%.
Analyst Forecasts
According to 4 analysts, the average rating for EBC stock is "Buy." The 12-month stock price forecast is 17.88, which is an increase of 10.17% from the latest price.