Financial Services -
Banks - Regional - NASDAQ - US
$ 15.215
-1.18 %
$ 3.21 B
Market Cap
-22.86
P/E
1. INTRINSIC VALUE
Balance Sheet
Eastern Bankshares, Inc.
| Current Assets | 1.01 B |
| Cash & Short-Term Investments | 1.01 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.12 B |
| Long-Term Investments | 7.55 B |
| PP&E | 64.6 M |
| Other Non-Current Assets | -6.5 B |
| Current Liabilities | 2.52 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 2.52 M |
| Non-Current Liabilities | 91.4 M |
| Long-Term Debt | 91.4 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Eastern Bankshares, Inc.
| Revenue | 732 M |
| Cost Of Revenue | 0 |
| Gross Profit | 732 M |
| Operating Expenses | 732 M |
| Operating Income | 120 M |
| Other Expenses | 0 |
| Net Income | 120 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Eastern Bankshares, Inc.
| Net Income | 120 M |
| Depreciation & Amortization | 38.4 M |
| Capital Expenditures | -13.5 M |
| Stock-Based Compensation | 26.6 M |
| Change in Working Capital | 0 |
| Others | 132 M |
| Free Cash Flow | 270 M |
Wall Street Analysts Price Targets
Eastern Bankshares, Inc.
EBC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.73%
DIVIDEND YIELD
0.13 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Eastern Bankshares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
337 K USD 2
6-9 MONTHS
211 K USD 1
9-12 MONTHS
125 K USD 3
Bought
154 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
78.2 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Wall Street Analysts Think Eastern Bankshares (EBC) Could Surge 28.76%: Read This Before Placing a Bet
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.
zacks.com
- 2 weeks ago
Best Income Stocks to Buy for May 1st
RITM, BBVA and EBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 1, 2025.
zacks.com
- 2 weeks ago
Eastern Bankshares (EBC) Upgraded to Buy: Here's Why
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).
zacks.com
- 3 weeks ago
HARBORONE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HarborOne Bancorp - HONE
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HarborOne Bancorp (NasdaqGS: HONE) to Eastern Bankshares, Inc. (NasdaqGS: EBC). Under the terms of the proposed transaction, shareholders of HarborOne may elect to receive either 0.765 shares of Eastern or $12.00 in cash (subject to certain allocation procedures), for each share of HarborOne that th.
businesswire.com
- 3 weeks ago
Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
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.
seekingalpha.com
- 3 weeks ago
Eastern Bankshares, Inc. (EBC) Q1 2025 Earnings Call Transcript
Eastern Bankshares, Inc. (NASDAQ:EBC ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants Robert Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Rosato - CFO Conference Call Participants Damon DelMonte - KBW Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Partners Operator Welcome to the Eastern Bankshares, Inc. First Quarter 2025 Earnings and Announced Merger with HarborOne Corp Conference Call. Currently, all participants' lines are in a listen-only mode.
seekingalpha.com
- 3 weeks ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of HarborOne Bancorp, Inc.
NEW YORK , April 25, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by HarborOne Bancorp, Inc. (NASDAQ: HONE) and its board of directors concerning the proposed acquisition of the company by Eastern Bankshares, Inc. (NASDAQ: EBC). Stockholders will receive $12.00 in cash or 0.765 shares of Eastern Bankshares common stock for each share of HarborOne Bancorp stock that they hold.
prnewswire.com
- 3 weeks ago
Compared to Estimates, Eastern Bankshares (EBC) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Eastern Bankshares (EBC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 weeks ago
Eastern Bankshares, Inc. (EBC) Beats Q1 Earnings Estimates
Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.23 per share a year ago.
zacks.com
- 3 weeks ago
Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Enter Into Definitive Agreement To Merge
BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern” or “the Company”) (Nasdaq: EBC), the holding company for Eastern Bank, and HarborOne Bancorp (“HarborOne”) (Nasdaq: HONE), the holding company for HarborOne Bank, today jointly announced they have entered into a definitive merger agreement pursuant to which HarborOne will merge with and into Eastern in a stock and cash transaction. Under the terms of the merger agreement, which has been unanimously adopted by both bo.
businesswire.com
- 3 weeks ago
Eastern Bankshares, Inc. Reports First Quarter 2025 Financial Results
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports First Quarter 2025 Financial Results.
businesswire.com
- 3 weeks ago
Stay Ahead of the Game With Eastern Bankshares (EBC) Q1 Earnings: Wall Street's Insights on Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Eastern Bankshares (EBC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
zacks.com
- 3 weeks ago
8. Profile
Summary
Eastern Bankshares, Inc. EBC
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 3.21 B
Dividend Yield
0.73%
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
1998
Officers
Mr. Quincy Lee Miller
President, Member of Advisory Board & Chief Operating Officer
Mr. Andrew J. Ravens
Corporate Communications Manager
Mr. Denis K. Sheahan
Chief Executive Officer & Director
Mr. Robert Francis Rivers
Executive Chairman of the Board
Mr. Andrew S. Hersom
Senior Vice President & Head of Investor Relations
Mr. R. David Rosato C.F.A.
Chief Financial Officer & Treasurer
Ms. Kathleen Cloherty Henry Esq.
Executive Vice President, General Counsel & Corporate Secretary
Mr. Donald Michael Westermann
Executive Vice President & Chief Information Officer
Ms. Danielle Remis Hackel
Executive Vice President & Chief Marketing Officer
Ms. Sujata Yadav
Executive Vice President & Chief Product Officer