Financial Services -
Banks - Regional - NASDAQ - US
$ 17.89
1.25 %
$ 3.81 B
Market Cap
27.11
P/E
1. INTRINSIC VALUE
Balance Sheet
Eastern Bankshares, Inc.
| Current Assets | 876 M |
| Cash & Short-Term Investments | 693 M |
| Receivables | 0 |
| Other Current Assets | 183 M |
| Non-Current Assets | 20.3 B |
| Long-Term Investments | 4.86 B |
| PP&E | 60.1 M |
| Other Non-Current Assets | 15.4 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 18.2 B |
| Long-Term Debt | 48.1 M |
| Other Non-Current Liabilities | 18.1 B |
EFFICIENCY
Earnings Waterfall
Eastern Bankshares, Inc.
| Revenue | 0 |
| Cost Of Revenue | 0 |
| Gross Profit | 0 |
| Operating Expenses | 0 |
| Operating Income | 120 M |
| Other Expenses | 182 M |
| Net Income | -62.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Eastern Bankshares, Inc.
| Net Income | -62.7 M |
| Depreciation & Amortization | 23.6 M |
| Capital Expenditures | -8.14 M |
| Stock-Based Compensation | 23.2 M |
| Change in Working Capital | 32.3 M |
| Others | 296 M |
| Free Cash Flow | 254 M |
Wall Street Analysts Price Targets
Eastern Bankshares, Inc.
EBC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Eastern Bankshares, Inc.
Sold
0-3 MONTHS
337 K USD 2
3-6 MONTHS
211 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
792 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
78.2 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 months ago
Dec 02, 2024
|
Sell 106 K
USD
|
Jackson Deborah C
Director
|
- 5713
|
18.56 USD |
|
3 months ago
Dec 02, 2024
|
Sell 230 K
USD
|
Borgen Luis
Director
|
- 12419
|
18.56 USD |
|
5 months ago
Sep 04, 2024
|
Sell 211 K
USD
|
Miller Quincy Lee
President
|
- 12676
|
16.66 USD |
|
6 months ago
Aug 21, 2024
|
Bought
78.2 K USD
|
Palandjian Leon Aghababai
Director
|
+ 5000
|
15.64 USD |
|
9 months ago
May 15, 2024
|
Sell 67.3 K
USD
|
Borgen Luis
Director
|
- 4782
|
14.07 USD |
|
9 months ago
May 15, 2024
|
Sell 26.9 K
USD
|
Harlam Bari A
Director
|
- 1913
|
14.07 USD |
|
9 months ago
May 15, 2024
|
Sell 31 K
USD
|
Jackson Deborah C
Director
|
- 2200
|
14.07 USD |
|
11 months ago
Mar 18, 2024
|
Sell 527 K
USD
|
Borgen Luis
Director
|
- 40288
|
13.08 USD |
|
11 months ago
Mar 18, 2024
|
Sell 74.7 K
USD
|
Jackson Deborah C
Director
|
- 5713
|
13.08 USD |
|
11 months ago
Mar 18, 2024
|
Sell 65 K
USD
|
Harlam Bari A
Director
|
- 4968
|
13.08 USD |
|
1 year ago
Aug 17, 2023
|
Sell 556 K
USD
|
Buscone Gregory Paul
See Remarks
|
- 40852
|
13.6 USD |
|
1 year ago
Dec 01, 2023
|
Sell 179 K
USD
|
Stager Nancy Huntington
Executive VP
|
- 14756
|
12.1 USD |
|
1 year ago
Dec 01, 2023
|
Sell 44.6 K
USD
|
Stager Nancy Huntington
Executive VP
|
- 3709
|
12.02 USD |
|
1 year ago
Nov 17, 2023
|
Sell 126 K
USD
|
Miller Quincy Lee
President
|
- 10045
|
12.5 USD |
|
1 year ago
Nov 14, 2023
|
Sell 178 K
USD
|
Stager Nancy Huntington
Executive VP
|
- 14756
|
12.08 USD |
|
1 year ago
Nov 14, 2023
|
Sell 44.5 K
USD
|
Stager Nancy Huntington
Executive VP
|
- 3709
|
12 USD |
|
1 year ago
Oct 12, 2023
|
Sell 178 K
USD
|
Stager Nancy Huntington
Executive VP
|
- 14756
|
12.07 USD |
|
1 year ago
Oct 12, 2023
|
Sell 44.8 K
USD
|
Stager Nancy Huntington
Executive VP
|
- 3709
|
12.09 USD |
|
1 year ago
May 15, 2023
|
Sell 14.8 K
USD
|
Jackson Deborah C
Director
|
- 1320
|
11.21 USD |
|
1 year ago
May 15, 2023
|
Sell 12.9 K
USD
|
Harlam Bari A
Director
|
- 1150
|
11.21 USD |
|
2 years ago
Nov 30, 2022
|
Sell 239 K
USD
|
Borgen Luis
Director
|
- 12419
|
19.21 USD |
|
2 years ago
Nov 30, 2022
|
Sell 96 K
USD
|
Harlam Bari A
Director
|
- 5000
|
19.21 USD |
|
2 years ago
Nov 30, 2022
|
Sell 110 K
USD
|
Jackson Deborah C
Director
|
- 5713
|
19.21 USD |
|
2 years ago
Nov 11, 2022
|
Sell 47 K
USD
|
Shell Greg Allen Sr.
Director
|
- 2500
|
18.82 USD |
|
2 years ago
Sep 09, 2022
|
Sell 483 K
USD
|
Shell Greg Allen Sr.
director:
|
- 24000
|
20.1044 USD |
|
2 years ago
Aug 03, 2022
|
Sell 583 K
USD
|
Borgen Luis
director:
|
- 28730
|
20.2843 USD |
|
2 years ago
May 04, 2022
|
Sell 783 K
USD
|
Shell Greg Allen Sr.
director:
|
- 40000
|
19.5672 USD |
|
2 years ago
Mar 14, 2022
|
Sell 940 K
USD
|
Borgen Luis
director:
|
- 46270
|
20.3051 USD |
|
3 years ago
Dec 16, 2021
|
Sell 365 K
USD
|
Harlam Bari A
Director
|
- 17500
|
20.8291 USD |
|
3 years ago
Oct 15, 2021
|
Sell 580 K
USD
|
Shell Greg Allen Sr.
Director
|
- 27500
|
21.0904 USD |
|
4 years ago
Oct 14, 2020
|
Bought
360 K USD
|
Koegel John Francis
CEO, Eastern Insurance Group
|
+ 36000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
140 K USD
|
Koegel John Francis
CEO, Eastern Insurance Group
|
+ 14000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
420 K USD
|
Heinemann Barbara Jane
Executive VP
|
+ 42000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
400 K USD
|
Heinemann Barbara Jane
Executive VP
|
+ 40000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
200 K USD
|
Heinemann Barbara Jane
Executive VP
|
+ 20000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
554 K USD
|
Stager Nancy Huntington
Chief HR Officer
|
+ 55395
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
50 K USD
|
Stager Nancy Huntington
Chief HR Officer
|
+ 5000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
25 K USD
|
Lopez Antonio
|
+ 2500
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
200 K USD
|
Westermann Donald Michael
Chief Information Officer
|
+ 20000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
650 K USD
|
Sullivan Daniel J
Chief Credit Officer
|
+ 65000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
350 K USD
|
Sullivan Daniel J
Chief Credit Officer
|
+ 35000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
832 K USD
|
Miller Quincy Lee
President
|
+ 83240
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
12.8 K USD
|
Miller Quincy Lee
President
|
+ 1280
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
1 M USD
|
Miller Jan Allan
Chief Cml Banking Officer
|
+ 100000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
360 K USD
|
Koegel John Francis
CEO, Eastern Insurance Group
|
+ 36000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
140 K USD
|
Koegel John Francis
CEO, Eastern Insurance Group
|
+ 14000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
200 K USD
|
Henry Kathleen Cloherty
Executive VP, General Counsel
|
+ 20000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
1.32 M USD
|
Fitzgerald James Burke
Chief Financial Officer
|
+ 132231
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
178 K USD
|
Fitzgerald James Burke
Chief Financial Officer
|
+ 17769
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
135 K USD
|
Antonakes Steven Louis
Executive VP
|
+ 13500
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
68.7 K USD
|
Antonakes Steven Louis
Executive VP
|
+ 6869
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
250 K USD
|
Alexander Paul Garvin
Chief Mkt & Comms Officer
|
+ 25000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
200 K USD
|
Ahlquist David Andrew
SVP, Chief Accounting Officer
|
+ 20000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
100 K USD
|
Ahlquist David Andrew
SVP, Chief Accounting Officer
|
+ 10000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
500 K USD
|
Spiess Paul Davis
Director
|
+ 50000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
2 M USD
|
Shell Greg Allen Sr.
Director
|
+ 200000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
1 M USD
|
Markell Peter Kenneth
Director
|
+ 100000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
400 K USD
|
Hessan Diane
Director
|
+ 40000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
20 K USD
|
Hessan Diane
Director
|
+ 2000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
300 K USD
|
Harlam Bari A
Director
|
+ 30000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
125 K USD
|
Connolly Paul Martin
Director
|
+ 12500
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
500 K USD
|
CHUNG JOSEPH
Director
|
+ 50000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
537 K USD
|
Borgen Luis
Director
|
+ 53730
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
463 K USD
|
Borgen Luis
Director
|
+ 46270
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
1.2 M USD
|
Bane Richard Corey
Director
|
+ 120000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
190 K USD
|
Jackson Deborah C
Director
|
+ 19000
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
135 K USD
|
Jackson Deborah C
Director
|
+ 13500
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
1.96 M USD
|
Holbrook Richard Edward
Director
|
+ 196500
|
10 USD |
|
4 years ago
Oct 14, 2020
|
Bought
2 M USD
|
Rivers Robert Francis
Chair and CEO
|
+ 200000
|
10 USD |
7. News
What Makes Eastern Bankshares, Inc. (EBC) a Strong Momentum Stock: Buy Now?
Does Eastern Bankshares, Inc. (EBC) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 3 weeks ago
3 Top-Ranked Breakout Stocks to Buy Now: BWB, EBC, BWAY
Bridgewater Bancshares, Eastern Bankshares and BrainsWay have been selected as the breakout stocks for today.
zacks.com
- 3 weeks ago
Can Eastern Bankshares (EBC) Run Higher on Rising Earnings Estimates?
Eastern Bankshares (EBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
zacks.com
- 1 month ago
Eastern Bankshares: Emerging As A Stronger Bank
Eastern Bankshares, Inc.'s Q4 results showed strong revenue growth, driven by mergers, with a 35.3% increase year-over-year, beating estimates by $4.7 million. Margins are stabilizing, with an eight basis point expansion in net interest margin to 3.05%, leading to higher net interest and non-interest income. Asset quality improved, with a significant decrease in the provision for credit losses, despite a rise in non-performing loans due to merger-related assets.
seekingalpha.com
- 1 month ago
Eastern Bankshares, Inc. (EBC) Q4 2024 Earnings Call Transcript
Eastern Bankshares, Inc. (NASDAQ:EBC ) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants Bob Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Rosato - CFO Conference Call Participants Greg Zingone - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Seaport Research Partners Operator Hello, and welcome to the Eastern Bankshares, Inc. Fourth Quarter 2024 Earnings Conference Call. Today's call will include forward-looking statements, including statements about Eastern's future financial and operating results, outlook, business strategies and plans, as well as other opportunities and potential risks that management foresees.
seekingalpha.com
- 1 month ago
Eastern Bankshares, Inc. (EBC) Tops Q4 Earnings and Revenue Estimates
Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.10 per share a year ago.
zacks.com
- 1 month ago
Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share.
businesswire.com
- 1 month ago
Ahead of Eastern Bankshares (EBC) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Eastern Bankshares (EBC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
zacks.com
- 1 month ago
Andrew Hersom Joins Eastern Bank As Senior Vice President, Head Of Investor Relations
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Andrew Hersom as Senior Vice President, Head of Investor Relations. Mr. Hersom brings over 19 years of investor relations experience. He joins Eastern Bank from Argo Group International Holdings where he was head of investor relations responsible for interfacing with the investment community. Prior to that, Mr. Hersom was Senior Vice President of Investor Relations with People's United Financial, Inc. until the company's acquisition by.
businesswire.com
- 1 month ago
Eastern Bank Earns Top Score for 11th Consecutive Year in Human Rights Campaign Foundation's 2025 Corporate Equality Index
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce that for the eleventh consecutive year, it received a score of 100 on the Human Rights Campaign Foundation's 2025 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Eastern joins 765 U.S. businesses that also earned top marks this year. “At Eastern, advancing LGBTQ+ equality, both within and outside our organization, is a.
businesswire.com
- 1 month ago
Eastern Bankshares, Inc. Announces Fourth Quarter 2024 Earnings Release Date, Conference Call and Webcast
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces Fourth Quarter 2024 Earnings Release Date, Conference Call and Webcast.
businesswire.com
- 1 month ago
Wolters Kluwer names Eastern Bank the winner of 2024 Community Impact Award
ORLANDO, Fla.--(BUSINESS WIRE)-- #CRA--Wolters Kluwer Compliance Solutions has named Massachusetts-based Eastern Bank as the winner of its 2024 Community Impact Award. The announcement was made at the company's 28th annual CRA & Fair Lending Colloquium held Nov. 17-20 at the Omni Orlando Resort at Championsgate, Fla. Award winners demonstrate the creativity, impact, and economic sustainability of their community reinvestment programs. Eastern Bank was recognized for its Equity Alliance for Busines.
businesswire.com
- 3 months ago
8. Profile
Summary
Eastern Bankshares, Inc. EBC
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 3.81 B
Dividend Yield
0.00%
Description
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.
Contact
265 Franklin Street, Boston, MA, 02110
https://www.easternbank.com
IPO
Date
Oct. 15, 2020
Employees
1744
Officers
Mr. Donald Michael Westermann
Executive Vice President & Chief Information Officer
Mr. R. David Rosato C.F.A.
Chief Financial Officer & Treasurer
Ms. Danielle Remis Hackel
Executive Vice President & Chief Marketing Officer
Mr. Quincy L. Miller
President, Member of Advisory Board & Chief Operating Officer
Mr. Denis K. Sheahan
Chief Executive Officer & Director
Mr. Andrew S. Hersom
Senior Vice President & Head of Investor Relations
Mr. Andrew J. Ravens
Corporate Communications Manager
Ms. Sujata Yadav
Executive Vice President & Chief Product Officer
Mr. Robert F. Rivers
Executive Chairman of the Board
Ms. Kathleen Cloherty Henry Esq.
Executive Vice President, General Counsel & Corporate Secretary