Eastern Bankshares (EBC)
New England bank for commercial lending, deposits, private banking, wealth management, and trust.
Something off on this page? Send us feedback.
Provides deposits, commercial and consumer lending, treasury services, private banking, wealth management, and trust services through Eastern Bank, earning primarily from interest spreads and service fees. Its New England footprint and loan book are concentrated around Greater Boston and adjacent markets.
Operates through Eastern Bank, providing commercial and small-business lending, deposits, treasury services, residential and consumer credit, private banking, and Cambridge Trust wealth management and trust services. Reports banking as its sole segment, earning mainly net interest income from lending and securities.
Concentrates branches and lending across eastern and central Massachusetts, southern and coastal New Hampshire, and Rhode Island. The regional branch network supplies core funding and supports relationship-led commercial banking, while private banking, wealth management, and trust generate fee income.
Expanded in Rhode Island and Greater Boston through the completed HarborOne merger. Results depend on deposit pricing and retention, interest rates, borrower credit, regional real estate conditions, merger integration, and supervision by federal and state banking regulators.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 27, 2026 | Seaport Global | Reiterate | Rating: —Target: — | Target: $27 |
| Jul 27, 2026 | DA Davidson | Reiterate | Rating: —Target: $24 | Target: $25 |
| Jul 27, 2026 | Piper Sandler | Reiterate | Rating: —Target: — | Target: $26 |
| Jul 27, 2026 | Hovde Group | Reiterate | Rating: —Target: $22.50 | Target: $26 |
| May 15, 2026 | D.A. Davidson | Target | Target: — | Target: $24 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $4.99B · Total debt $398.6M · Total assets $31.14B · Shareholders' equity $4.28B
- Revenue
- $349.9M
- Operating income
- $77.2M
- Net income
- $105.2M
HistoryDividendAnnual yield
| Institutions | 84.37% | 195.01M shares | |
|---|---|---|---|
| 331 holders · as of Jun 30, 2026 | |||
| Insiders | 0.98% | 2.27M shares | |
| 23 holders · as of Sep 15, 2026 | |||
| Strategic holders | 4.96% | 11.47M shares | |
| 1 holder · as of Feb 2, 2021 | |||
| Other | 9.69% | 22.40M shares | |
| remainder | |||
231.14M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 9.70% | 22.42M | as of Jun 30, 2026 |
FMR LLCInstitution | 6.95% | 16.06M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.68% | 13.14M | as of Jun 30, 2026 |
T. Rowe Price Investment Management, Inc.Institution | 5.46% | 12.63M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.25% | 12.12M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 14, 2026 | Richard Corey Bane | director | −4,000 | $21.78 |
| Sep 2, 2026 | Kathleen Cloherty Henry | officer: Executive VP, General Counsel | −14,000 | $21.68 |
| Sep 1, 2026 | Donald Michael Westermann | officer: Chief Information Officer | −33,412 | $21.54 |
| Sep 1, 2026 | Steven Louis Antonakes | officer: Executive VP | −13,500 | $21.95 |
| Aug 25, 2026 | Joseph F. Casey | director | −1,778 | $22.69 |
- Citizens Financial Group
Scaled Northeast bank across deposits, commercial, and wealth
- Bank of America
National-scale bank in deposits, small business, treasury, and wealth
- Independent Bank
Rockland Trust is the closest local public-bank peer
- Beacon Financial
Boston-based Northeast bank formed from Brookline and Berkshire
- Toronto-Dominion Bank
East Coast retail and commercial bank with U.S. wealth overlap
- Banco Santander (ADR)
Santander Bank overlaps in Boston deposits, banking, and wealth
- M&T Bank
Super-regional Northeast bank in deposits and commercial banking
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Eastern Bankshares | $21.32 | −0.26% | $4.94B | 12.1 | 10.6 | 3.5 | +29.6% |
| Citizens Financial Group | $65.29 | −0.31% | $27.69B | 14.2 | 11.1 | 2.4 | +12.1% |
| Bank of America | $55.96 | −0.43% | $398.83B | 12.9 | 11.4 | 2.0 | +19.3% |
| Independent Bank | $80.57 | +0.34% | $3.87B | 14.5 | 10.4 | 3.1 | +1.1% |
| Beacon Financial | $28.33 | −0.32% | $2.39B | 21.5 | 8.9 | 2.1 | +92.8% |
| Toronto-Dominion Bank | $119.96 | −2.19% | $207.22B | 18.5 | 16.5 | 2.6 | −22.1% |
| Banco Santander (ADR) | $14.24 | −1.76% | $212.69B | 12.3 | 10.4 | 2.1 | +6.2% |
| M&T Bank | $221.00 | −1.08% | $32.38B | 11.8 | 11.1 | 2.6 | +5.7% |
| Median | 14.2 | 11.1 | 2.4 | +6.2% |