Eastern Bankshares Inc. (EBC): Price and Financial Metrics
EBC Price/Volume Stats
| Current price | $12.44 | 52-week high | $21.54 |
| Prev. close | $12.82 | 52-week low | $9.93 |
| Day low | $12.39 | Volume | 1,275,500 |
| Day high | $12.87 | Avg. volume | 969,297 |
| 50-day MA | $13.70 | Dividend yield | 3.12% |
| 200-day MA | $13.96 | Market Cap | 2.19B |
EBC Stock Price Chart Interactive Chart >
EBC POWR Grades
- Growth is the dimension where EBC ranks best; there it ranks ahead of 56.26% of US stocks.
- The strongest trend for EBC is in Quality, which has been heading up over the past 179 days.
- EBC's current lowest rank is in the Value metric (where it is better than 10.09% of US stocks).
EBC Stock Summary
- With a year-over-year growth in debt of 714.57%, EASTERN BANKSHARES INC's debt growth rate surpasses 98.28% of about US stocks.
- In terms of twelve month growth in earnings before interest and taxes, EASTERN BANKSHARES INC is reporting a growth rate of -131.28%; that's higher than merely 10.9% of US stocks.
- As for revenue growth, note that EBC's revenue has grown -37.86% over the past 12 months; that beats the revenue growth of merely 7.13% of US companies in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to EASTERN BANKSHARES INC are NBHC, OPBK, HFWA, UBFO, and ID.
- Visit EBC's SEC page to see the company's official filings. To visit the company's web site, go to www.easternbank.com.
EBC Valuation Summary
- In comparison to the median Financial Services stock, EBC's price/earnings ratio is 626.32% lower, now standing at -50.
- Over the past 36 months, EBC's price/sales ratio has gone up 1.6.
Below are key valuation metrics over time for EBC.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| EBC | 2023-09-15 | 5.7 | 1.0 | -50.0 | -28.3 |
| EBC | 2023-09-14 | 5.7 | 1.0 | -49.8 | -28.1 |
| EBC | 2023-09-13 | 5.6 | 0.9 | -48.5 | -27.2 |
| EBC | 2023-09-12 | 5.6 | 0.9 | -48.6 | -27.3 |
| EBC | 2023-09-11 | 5.5 | 0.9 | -47.9 | -26.8 |
| EBC | 2023-09-08 | 5.5 | 0.9 | -47.8 | -26.7 |
EBC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- EBC has a Quality Grade of D, ranking ahead of 22.96% of graded US stocks.
- EBC's asset turnover comes in at 0.037 -- ranking 238th of 428 Banking stocks.
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The table below shows EBC's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.037 | 1 | 0.007 |
| 2021-03-31 | 0.038 | 1 | 0.007 |
| 2020-12-31 | 0.037 | 1 | 0.003 |
EBC Price Target
For more insight on analysts targets of EBC, see our EBC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $24.50 | Average Broker Recommendation | 1.25 (Strong Buy) |
Eastern Bankshares Inc. (EBC) Company Bio
Eastern Bankshares, Inc. operates as a holding company, which engages in the provision of financial and banking services. It operates through the Banking and Insurance segments. The Banking segment provides commercial, retail, lending, deposits, and wealth management services. The Insurance segment offers commercial, personal, and employee benefits insurance products. The company was founded in 2020 and is headquartered in Boston, MA.
Latest EBC News From Around the Web
Below are the latest news stories about EASTERN BANKSHARES INC that investors may wish to consider to help them evaluate EBC as an investment opportunity.
Eastern Bank Provides Financing For LeClair Village Apartments, An Affordable Housing Development On Cape CodBOSTON, August 16, 2023--Eastern Bank is pleased to announce its financing for the development of the LeClair Village Apartments, in Mashpee, MA. Scheduled to open in 2025, LeClair Village will feature 39 affordable rental units designed to serve low- and moderate-income households, including 14 one-bedroom apartments, 21 two-bedroom units, and 4 three-bedroom apartments. Eastern is providing a construction loan for the build-out of the Village, permanent financing for the ongoing operations of |
Eastern Bank Welcomes New Members To Its Board Of Advisors And Board Of AmbassadorsBOSTON, August 10, 2023--Eastern Bank is pleased to announce the election of six local community and business leaders to its Board of Advisors and Board of Ambassadors. |
Eastern Bankshares, Inc. Reports Second Quarter 2023 Financial ResultsBOSTON, July 27, 2023--Eastern Bankshares, Inc. Reports Second Quarter 2023 Financial Results |
Eastern Bank Provides Financing For Raycon Construction, LLC’s Conversion To An Employee-Owned CompanyBOSTON, July 11, 2023--Eastern Bank is pleased to announce it has provided the financing to facilitate Raycon Construction, LLC’s sale of 100% of its stock to a newly formed Employee Stock Ownership Plan (ESOP). Founded in 2007, Raycon Construction is one of the largest privately-owned concrete construction contractors in the Northeast. Eastern Bank is also providing a revolving line of credit to support the company’s ongoing financial needs. This financing builds on a long-standing business rel |
Eastern Bankshares, Inc. Announces Second Quarter 2023 Earnings Release Date, Conference Call and WebcastBOSTON, July 06, 2023--Eastern Bankshares, Inc. Announces Second Quarter 2023 Earnings Release Date, Conference Call and Webcast |
EBC Price Returns
| 1-mo | -5.27% |
| 3-mo | 4.26% |
| 6-mo | 2.67% |
| 1-year | -37.22% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | -26.20% |
| 2022 | -12.73% |
| 2021 | 25.56% |
| 2020 | N/A |
| 2019 | N/A |
| 2018 | N/A |
EBC Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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