Eastern Bankshares, Inc. (EBC)

Market Cap	1.99B
Revenue (ttm)	411.22M
Net Income (ttm)	-45.85M
Shares Out	176.33M
EPS (ttm)	-0.29
PE Ratio	n/a
Forward PE	11.39
Dividend	$0.40 (3.54%)
Ex-Dividend Date	Mar 2, 2023

Volume	750,833
Open	11.22
Previous Close	11.32
Day's Range	11.07 - 11.37
52-Week Range	9.93 - 21.54
Beta	0.67
Analysts	Hold
Price Target	18.17 (+60.65%)
Earnings Date	Apr 27, 2023

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. 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 time certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans,...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 15, 2020
• Employees: 2,100
• Stock Exchange: NASDAQ
• Ticker Symbol: EBC

Financial Performance

In 2022, EBC's revenue was $726.29 million, an increase of 14.80% compared to the previous year's $632.67 million. Earnings were $199.76 million, an increase of 29.16%.

Analyst Forecast

According to 3 analysts, the average rating for EBC stock is "Hold." The 12-month stock price forecast is $18.17, which is an increase of 60.65% from the latest price.

Price Target

$18.17

(60.65% upside)

Analyst Consensus: Hold