Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $23.35, up 0.95% on the session, giving a market capitalisation of $5.40B. On trailing twelve-month figures it carries a trailing P/E of 13.27, a net margin of 26.3%. Its beta of 0.68 implies it has historically moved less than the broad market.
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers in the United States. The company offers deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also provides commercial and industrial products, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and 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 offers wealth management and trust services, financial planning, and portfolio management; and automated lock box collection, cash management, and account reconciliation services. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
Eastern Bankshares, Inc. is most often compared with the following Financial Services names: