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EBC US​

Eastern Bankshares, Inc.(EBC US)

$22.40+0.291.31%Ext:$22.99+0.592.62%(Market Closed · 23:47:21 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Eastern Bankshares, Inc. — Company Profile

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers in the United States. The company offers deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also provides commercial and industrial products, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and 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 offers wealth management and trust services, financial planning, and portfolio management; and automated lock box collection, cash management, and account reconciliation services. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Sector
Financials
Industry
Banks
Exchange
UQ
CEO
Denis K. Sheahan
Headquarters
Boston, MA, US
IPO Date
Oct 15, 2020
Employees
2,349
Website
www.easternbank.com

Key Metrics

Price
$21.18
Market Cap
$4.90B
Revenue (TTM)
$375.57M
Net Income (TTM)
$65.26M
EPS (TTM)
0.29
P/E (TTM)
13.19
P/B (TTM)
1.14
Dividend Yield
2.74%
ROE (TTM)
1.52%
ROA (TTM)
0.21%
Operating Margin
22.32%
Beta
0.87

Dividends

Last Dividend
$0.15
Last Yield
0.03%

Summary

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers in the United States. The company offers deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also provides commercial and industrial products, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and 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 offers wealth management and trust services, financial planning, and portfolio management; and automated lock box collection, cash management, and account reconciliation services. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Website
www.easternbank.com
Location
Boston, MA, US
Phone800 327 8376
Employees2,349
CEODenis K. Sheahan
Sector
Financials
Industry
Banks
IPO DateOct 15, 2020

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Latest Documents

SEC Filings(505)

Expand
  • 8-KResults of Operations and Financial Condition22 Oct
  • 4Statement of changes in beneficial ownership15 Sep
  • 144Bane Richard Corey14 Sep
  • 4Statement of changes in beneficial ownership4 Sep
  • 4Statement of changes in beneficial ownership4 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 144Westermann Donald Michael2 Sep
  • 4Statement of changes in beneficial ownership2 Sep
  • 4Statement of changes in beneficial ownership2 Sep
  • 144Henry Kathleen Cloherty2 Sep
  • 144Westermann Donald Michael1 Sep
  • 144Antonakes Steven Louis1 Sep
  • 4Statement of changes in beneficial ownership26 Aug
  • 4Statement of changes in beneficial ownership25 Aug
  • 144CASEY JOSEPH F25 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 144CASEY JOSEPH F24 Aug
  • 4Statement of changes in beneficial ownership21 Aug
  • 144CASEY JOSEPH F21 Aug
  • 4Statement of changes in beneficial ownership20 Aug

News

  • Eastern Bankshares, Inc. (EBC) Q3 2026 Earnings Call Transcript23 Oct
  • Eastern Bankshares Q3 Earnings Call Highlights23 Oct
  • Eastern Bankshares (EBC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates22 Oct
  • Eastern Bankshares, Inc. (EBC) Q3 Earnings Beat Estimates22 Oct
  • Eastern Bankshares, Inc. Reports Third Quarter 2026 Financial Results22 Oct
  • Eastern Bankshares (EBC) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates21 Oct
  • Lilly to showcase advances across its oncology pipeline at the 2026 European Society for Medical Oncology (ESMO) Congress18 Oct
  • Eastern Bankshares, Inc. (EBC) Reports Next Week: Wall Street Expects Earnings Growth15 Oct
  • Analyzing Credicorp (NYSE:BAP) & Eastern Bankshares (NASDAQ:EBC)12 Oct
  • Eastern Bankshares, Inc. Announces Third Quarter 2026 Earnings Release Date, Conference Call and Webcast5 Oct
  • State Street Corp Boosts Stake in Eastern Bankshares, Inc. $EBC24 Sep
  • Alexander E. Anderson Announced As A Senior Vice President, Private Banker of Cambridge Trust Private Banking, A Division of Eastern Bank17 Sep
  • Eastern Bankshares, Inc. (EBC) Presents at Barclays 24th Annual Global Financial Services Conference Transcript15 Sep
  • 94,598 Shares in Eastern Bankshares, Inc. $EBC Purchased by Jupiter Topco LLC4 Sep
  • Regional Bank Director Sells $230,000 Worth of Stock2 Sep
  • Eastern Bankshares, Inc, to Participate in the Barclays Global Financial Services Conference1 Sep
  • Eastern Bankshares, Inc, to Participate in the Barclays Global Financial Services Conference1 Sep
  • Bank of New York Mellon Corp Invests $37.48 Million in Eastern Bankshares, Inc. $EBC29 Aug
  • Bank of New York Mellon Corp Invests $37.48 Million in Eastern Bankshares, Inc. $EBC29 Aug
  • Deutsche Bank AG Purchases New Holdings in Eastern Bankshares, Inc. $EBC25 Aug

Mentions in Filings

  • … nancial 21 2,262 11.3 3 Mascoma Mutual Financial Services 13 1,583 7.9 4 Bar Harbor Bankshares 29 1,505 7.5 5 Bank of New England 6 1,351 6.8 6 Independent Bank Corp. 8 1,018 5.1 7 Camden National Corp. 16 997 5.0 8 <strong>Eastern Bankshares</strong> Inc. 9 831 4.2 9 Franklin Bancorp MHC 9 747 3.7 10 Ledyard Financial Group Inc. 10 721 3.6 Vermont 1 Community Financial System Inc. 29 1,465 15.9 2 Northfield Mutual Holding Co. 13 1,281 13.9 3 Mascoma Mutual Finan …
    BAR HARBOR BANKSHARESEastern Bankshares, Inc.·EX-99.1 - 8-K - Regulation FD Disclosure·Q3 26·21 Sep
  • #Dominari Holdings, Inc. 1,182 4,622 Donegal Group, Inc., Class A 93,941 1,753,878 Shares Value FINANCIALS — (Continued) Donegal Group, Inc., Class B 870 $ 14,425 \*Donnelley Financial Solutions, Inc. 83,930 4,343,377 Eagle Bancorp Montana, Inc. 12,069 262,018 Eagle Bancorp, Inc. 107,448 2,875,308 Eagle Financial Services, Inc. 3,171 121,481 Eastern Bankshares, Inc. 700,771 14,355,294 \*eHealth …
    Dimensional ETF TrustEastern Bankshares, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … n BOKF Popular, Inc. BPOP Cathay General Bancorp CATY Commerce Bancshares, Inc. CBSH Community Financial System, Inc. CBU Cullen/Frost Bankers, Inc. CFR Columbia Banking System, Inc. COLB CVB Financial Corp. CVBF <strong>Eastern Bankshares, Inc.</strong> EBC First BanCorp. FBP First Commonwealth Financial Corporation FCF First Financial Bancorp. FFBC First Financial Bankshares, Inc. FFIN First Hawaiian, Inc. FHB First Interstate BancSystem, Inc. FIBK Flagstar Ban …
    EAGLE BANCORP INCEastern Bankshares, Inc.·EX-10.2 - S-8 - Registration statement (employee benefit plan)·Q3 26·7 Aug
  • … orporation Hancock Whitney Corporation Commerce Bancshares, Inc. Banc of California, Inc. BankUnited, Inc. Fulton Financial Corporation Texas Capital Bancshares, Inc. United Bankshares, Inc. Glacier Bancorp, Inc. <strong>Eastern Bankshares, Inc.</strong> | To perform this analysis, KBW used profitability and other financial information for the latest 12 months available or as of the end of such period and market price information as of August 21, 2026. In additi …
    VALLEY NATIONAL BANCORPEastern Bankshares, Inc.·S-4 - Registration statement (business combination)·Q4 26·21 Oct
  • … SE | Berryville | VA | $ | 1,847 | | 16 | | Dec | | $ | 40.41 | $ | 215 | | EWBC | East West Bancorp, Inc. | NASDAQGS | WE | Pasadena | CA | $ | 84,763 | | 97 | | Dec | 2/8/99 | $ | 133.40 | $ | 18,277 | | EBC | <strong>Eastern Bankshares, Inc.</strong> | NASDAQGS | NE | Boston | MA | $ | 31,142 | | 131 | | Dec | 10/14/20 | $ | 23.39 | $ | 5,123 | | ECBK | ECB Bancorp, Inc. | NASDAQCM | NE | Everett | MA | $ | 1,672 | | 3 | | Dec | 7/27/22 | $ | 20.61 | $ | 180 …
    Hometown Financial Group, Inc./MDEastern Bankshares, Inc.·EX-99.3 - S-1 - Registration statement (general form)·Q3 26·10 Sep
  • … n Stock | \*\* | 1,329,020 | | Dycom Industries Inc. | Common Stock | \*\* | 2,262,133 | | Eagle Materials Inc. | Common Stock | \*\* | 14,830,235 | | East Group Properties Inc. | Common Stock | \*\* | 5,839,908 | | <strong>Eastern Bankshares</strong> Inc. | Common Stock | \*\* | 4,301,850 | | Edgewise Therapeutics Inc. | Common Stock | \*\* | 2,964,814 | | Elbit Systems Ltd. | Common Stock | \*\* | 1,868,836 | | Element Solution Inc. | Common Stock | \*\* | 12,1 …
    Walmart Inc.Eastern Bankshares, Inc.·11-K - Annual report (employee stock purchase/savings/profit sharing plans)·FY26·16 Jul

Key Stats

Trading

Px/Chg 1D$21.18 / -1.35%
Avg Volume2.70M
Beta0.87
Mkt Cap4.90B
FD Mkt Cap5.09B

Float

Shrs Out/Float231.14M / 200.30M
Short Float0.09%
Days to Cover2.66
Stock Repurchased$73.35M

Current Valuation

EV5.25B
EV/EBITDA12.05
EV/Sales3.74
P/B1.14
P/S3.49
FCF Yield-0.26%
ROE1.52%
ROA0.21%
Current Ratio0.03

Dividend

Cash$0.15
Yield2.74%
Yield (TTM)2.74%

Estimates

P/E13.19
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings31.879.039.3722.7843.1775.01
Price / Sales6.672.653.902.5411.2213.04
Price / Book Value0.870.730.730.750.991.14
Price / Free Cash Flow-64.198.158.5810.0843.04-390.80
ENTERPRISE VALUE METRICS
Enterprise Value3,015.62,361.01,523.01,762.64,178.15,253.3
Enterprise Value / Sales6.553.462.731.6510.9113.99
Enterprise Value / EBITDA18.409.02-14.889.0837.7051.10
Enterprise Value / EBIT23.739.91-12.0911.3246.8662.67

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue19.2%523.5681.9558.71,070.71,057.4
Gross Income7.1%527.8626.9292.6664.1695.6
EBITDA-4.8%198.9261.6-102.4194.1163.0
EBIT-13.3%176.0238.2-126.0155.899.5
Net Income-13.1%154.7199.8232.2119.688.2
EPS (Diluted)-18.4%0.901.211.430.660.40
BALANCE SHEET
Cash & ST Inv-55.4%9,743.06,860.35,100.65,028.5385.3
Total Assets6.8%23,512.122,646.921,133.325,557.930,586.9
Total Liabilities6.9%20,105.820,175.118,158.421,945.926,246.3
Total Shareholder Equity6.2%3,406.42,471.82,974.93,612.04,340.6
CASH FLOW
Net Operating Cash Flow25.5%174.5229.9261.7284.2432.4
Cap Ex35.7%-5.7-8.6-8.1-13.5-19.4
Free Cash Flow25.1%168.8221.3253.6270.3413.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)22.45
Basic Shares231.14
Market Cap5,188.0
Diluted Shares217.20
Fully Diluted Shares Outstanding217.20
Fully Diluted Market Cap4,875.1
+Consolidated Debt-
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-149.9
−Short-term Investments-397.1
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value5,038.1

Segment data

Revenue

by Products and services

  • Investment Advisory Fees52%
  • Service Charge On Deposit Accounts26%
  • Card Income14%
  • Other Non-interest Income8%

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