Equities

Eastern Bankshares Inc

Eastern Bankshares Inc

Actions
  • Price (USD)12.43
  • Today's Change0.19 / 1.55%
  • Shares traded869.76k
  • 1 Year change+9.04%
  • Beta0.8852
Data delayed at least 15 minutes, as of Apr 18 2024 21:00 BST.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

Eastern Bankshares, Inc. is the stock holding company for Eastern Bank (The Bank). Through the Bank, it provides a variety of banking and trust and investment services. Its diversified products and services include lending, deposit, and wealth management. It offers a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. Its banking business consists of a full range of banking, lending (commercial, residential and consumer), savings and small business offerings, including its wealth management and trust operations that it conducts through its Eastern Wealth Management division. It offers automated lock box collection services, cash management services and account reconciliation services to its corporate and institutional customers, as well as cash management services to its municipal clients. Its securities portfolio consists of government-sponsored residential mortgage-backed securities.

  • Revenue in USD (TTM)796.46m
  • Net income in USD-62.69m
  • Incorporated2020
  • Employees1.56k
  • Location
    Eastern Bankshares Inc125 High StreetSte 901, Oliver Street TowerBOSTON 02110United StatesUSA
  • Phone+1 (617) 897-1100
  • Websitehttps://www.easternbank.com/
More ▼

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
EBC:NSQ since
announced
Transaction
value
Cambridge BancorpAnnounced19 Sep 202319 Sep 2023Announced-7.31%533.91m
Data delayed at least 15 minutes, as of Apr 18 2024 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
TowneBank705.24m153.72m1.93bn2.78k12.540.948310.222.792.062.069.3027.24--------0.94941.21--------22.3526.86------35.3736.1610.83-18.662.7116.189.86
First Financial Bancorp903.00m255.86m1.98bn2.17k7.750.87516.942.362.692.698.8423.84--------1.481.30--------30.4530.07------42.7754.3610.8117.588.195.773.36
Park National Corp471.67m126.73m2.01bn1.78k16.001.7614.154.327.807.8028.6671.06--------1.291.43--------27.2129.23------54.6124.708.70-14.572.80-8.031.91
Pacific Premier Bancorp, Inc.887.99m28.79m2.05bn1.35k69.620.706335.954.540.30510.30514.7930.07--------0.15160.9766--------6.8427.89------58.7515.5414.64-89.73-25.07-8.48--
Independent Bank Corp (Massachusetts)795.73m239.50m2.06bn1.79k8.960.71867.482.825.425.4216.5467.53--------1.241.16--------32.7630.66------42.1123.7819.71-9.2214.517.368.55
Wilson Bank Holding Company222.58m48.94m2.06bn584.0041.614.7638.6612.334.214.2114.3636.74--------1.071.25--------29.3030.32------34.4541.2916.54-7.748.47-9.74--
Eastern Bankshares Inc796.46m-62.69m2.16bn1.56k--0.7259--6.91-0.38711.431.9316.86---------0.28640.4746---------20.0516.07------43.3531.6113.92-133.61---2.06--
Banc of California Inc1.97bn-1.94bn2.18bn2.30k--0.8026--7.28-11.53-11.533.4920.17---------7.96-2.85---------635.50-119.40--------428.7436.05-1,774.78--11.08-5.11
WaFd Inc1.10bn221.75m2.18bn2.12k7.820.797211.603.073.413.4110.9638.16--------1.071.12--------33.2034.57------31.4256.5211.439.524.12-11.108.12
Simmons First National Corp1.21bn175.06m2.19bn3.01k12.660.63799.822.721.381.386.3627.37--------0.63881.02--------21.7328.77------34.5040.4312.32-31.73-4.092.166.56
Community Bank System, Inc.541.39m131.48m2.19bn2.69k16.941.3013.673.362.452.4512.1531.84--------0.84051.21--------20.2326.87------53.6522.018.34-29.90-4.778.004.80
CVB Financial Corp.606.33m219.89m2.21bn1.11k9.991.069.244.051.591.593.9514.91--------1.361.47--------40.4641.75------49.2017.8110.88-6.007.721.517.39
Inter & Co Inc867.96m57.68m2.22bn4.03k35.251.4322.702.320.14360.14362.383.54--------0.66030.2358--------7.012.64--------62.3449.262,826.2741.3356.17--
Bank of Hawaii Corp810.38m163.33m2.24bn1.90k13.581.8112.123.324.144.1417.0835.58--------0.72330.9761--------25.4130.28------54.1735.668.05-25.06-5.72-23.253.65
Fulton Financial Corp1.32bn267.66m2.35bn3.40k8.980.851710.062.181.611.616.5117.01--------1.021.00--------25.7626.27------41.1447.2210.91-0.9765.63-3.745.70
Data as of Apr 18 2024. Currency figures normalised to Eastern Bankshares Inc's reporting currency: US Dollar USD

Institutional shareholders

41.11%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Dec 202316.08m9.12%
T. Rowe Price Investment Management, Inc.as of 31 Dec 202313.23m7.50%
BlackRock Fund Advisorsas of 31 Dec 202311.26m6.38%
Fidelity Management & Research Co. LLCas of 31 Dec 20239.29m5.27%
SSgA Funds Management, Inc.as of 31 Dec 20235.44m3.08%
Dimensional Fund Advisors LPas of 31 Dec 20233.79m2.15%
Geode Capital Management LLCas of 31 Dec 20233.48m1.97%
Wellington Management Co. LLPas of 31 Dec 20233.46m1.96%
Janus Henderson Investors US LLCas of 31 Dec 20233.32m1.88%
Brown Advisory LLCas of 31 Dec 20233.16m1.79%
More ▼
Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.