Eastern Bankshares, Inc. (EBC)

US — Financial Services Sector
Peers: MTB  FULT  SNV  TBBK  INDB  ASB  TFSL  UCB  INTR  TCBI 

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Key Metrics & Ratings

  • symbol EBC
  • Rev/Share 4.9422
  • Book/Share 19.1521
  • PB 1.0114
  • Debt/Equity 0.0068
  • CurrentRatio 0.0305
  • ROIC 0.0114

 

  • MktCap 4357277684.0
  • FreeCF/Share 1.996
  • PFCF 10.9864
  • PE 77.7822
  • Debt/Assets 0.001
  • DivYield 0.0263
  • ROE 0.0135

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 5
  • P/B Score 3
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation EBC Hovde Group -- Outperform -- $22.5 Jan. 5, 2026
Initiation EBC Barclays -- Equal Weight -- $22 Dec. 17, 2025
Initiation EBC TD Cowen -- Buy -- $23 Sept. 25, 2025

News

Wall Street Analysts Think Eastern Bankshares (EBC) Could Surge 28.76%: Read This Before Placing a Bet
EBC
Published: May 02, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 28.8% upside potential for Eastern Bankshares (EBC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news Wall Street Analysts Think Eastern Bankshares (EBC) Could Surge 28.76%: Read This Before Placing a Bet
Best Income Stocks to Buy for May 1st
BBVA, EBC, RITM
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Positive

RITM, BBVA and EBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 1, 2025.

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image for news Best Income Stocks to Buy for May 1st
Eastern Bankshares (EBC) Upgraded to Buy: Here's Why
EBC
Published: April 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Eastern Bankshares (EBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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image for news Eastern Bankshares (EBC) Upgraded to Buy: Here's Why
Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
EBC
Published: April 26, 2025 by: Seeking Alpha
Sentiment: Negative

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 quarter results. Although the headline figures look messy, this was driven by a balance sheet repositioning, and core trends were better. The stock continues to look cheap, trading for less than 9x 2026 consensus EPS and roughly 1.25x tangible book value.

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image for news Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
Theresa Conroy Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager
EBC
Published: March 26, 2025 by: Business Wire
Sentiment: Neutral

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 lending experience to Regional and Middle Market companies. “It is a pleasure to welcome Theresa Conroy to Eastern Bank's Commercial Banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “She takes the time to understand the needs of her clien.

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image for news Theresa Conroy Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager

About Eastern Bankshares, Inc. (EBC)

  • IPO Date 2020-10-15
  • Website https://www.easternbank.com
  • Industry Banks - Regional
  • CEO Denis K. Sheahan
  • Employees 1998

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, small business loans, residential real estate loans, home equity, and lines of credit, as well as other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, retirement planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; online, mobile, and telephone banking services; and automated lock box collection and account reconciliation services, as well as various insurance products. As of December 31, 2021, the company operated 105 branch offices in eastern Massachusetts and southern New Hampshire; and 23 non-branch offices in eastern Massachusetts, one office in New Hampshire, and one office in Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.