Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Eastern Bank stock (Eastern Bank)

Buy Eastern Bank stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Eastern Bank (EBC) is a leading banks - regional business based in the US. It opened the day at $18.19 after a previous close of $18.52. During the day the price has varied from a low of $18.18 to a high of $18.49. The latest price was $18.38 (25 minute delay). Eastern Bank is listed on the NASDAQ and employs 1,744 staff. All prices are listed in US Dollars.

Our top picks for where to buy Eastern Bankshares stock

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Earn up to $300 with qualifying deposits
  • Discover new opportunities with Opto's AI-driven thematic investing system
  • Theme and ETF screener

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

Alternative pick for crypto trading

Go to site
  • $0 commission trading
  • Instant withdrawals with a 1.75% fee
  • Supports 250+ cryptocurrencies
  • High-yield account earns up to 4.65% APY
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

How to buy Eastern Bank stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – EBC. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Eastern Bank stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
Uphold
Finder Score: 3.6 / 5: ★★★★★
Uphold
★★★★★
Cryptocurrency
N/A
$0
4.65%
Get $10
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Eastern Bank stock price (NASDAQ: EBC)

Use our graph to track the performance of EBC stocks over time.

Eastern Bank shares at a glance

Information last updated 2024-11-20.
Open$0.00
High$0.00
Low$0.00
Close$0.00
Previous close$0.00
Change $0.00
Change % N/A%
Volume 0
Information last updated 2024-11-15.
52-week range$11.54 - $19.15
50-day moving average $16.70
200-day moving average $14.69
Wall St. target price$18.50
PE ratio 35.0189
Dividend yield $0.44 (2.58%)
Earnings per share (TTM) $0.53

Is it a good time to buy Eastern Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Eastern Bank price performance over time

Historical closes compared with the close of $18.38 from 2024-11-18

1 week (2024-11-12) -2.34%
1 month (2024-10-18) 6.37%
3 months (2024-08-19) 15.82%
6 months (2024-05-17) 27.55%
1 year (2023-11-17) 47.75%
2 years (2022-11-18) 3.53%
3 years (2021-11-19) 19.5846
5 years (2019-11-16) N/A

Is Eastern Bank stock undervalued or overvalued?

Valuing Eastern Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eastern Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Eastern Bank's P/E ratio

Eastern Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Eastern Bank shares trade at around 35x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Eastern Bank's P/E ratio is best considered in relation to those of others within the banks - regional industry or those of similar companies.

Eastern Bank financials

Revenue TTM $609.3 million
Operating margin TTM 3.87%
Gross profit TTM $726.3 million
Return on assets TTM 0.39%
Return on equity TTM 2.95%
Profit margin 61.93%
Book value $18.66
Market Capitalization $3.7 billion

TTM: trailing 12 months

Eastern Bank share dividends

56%

Dividend payout ratio: 56.25% of net profits

Recently Eastern Bank has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Eastern Bank shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Eastern Bank's case, that would currently equate to about $0.44 per share.

Eastern Bank's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Eastern Bank's most recent dividend payout was on 15 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 2 December 2024 (the "ex-dividend date").

Eastern Bank's dividend payout ratio is perhaps best considered in relation to those of similar companies.

Eastern Bank share price volatility

Over the last 12 months, Eastern Bank's shares have ranged in value from as little as $11.5391 up to $19.145. A popular way to gauge a stock's volatility is its "beta".

EBC.US volatility(beta: 0.88)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Eastern Bank's is 0.883. This would suggest that Eastern Bank's shares are less volatile than average (for this exchange).

To put Eastern Bank's beta into context you can compare it against those of similar companies.

Eastern Bank overview

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. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, 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 provides trust, financial planning and portfolio management, automated lock box collection, cash management, and account reconciliation services; personal, business, and employee benefits insurance products. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Frequently asked questions

What percentage of Eastern Bank is owned by insiders or institutions?
Currently 0.979% of Eastern Bank shares are held by insiders and 72.925% by institutions.
How many people work for Eastern Bank?
Latest data suggests 1,744 work at Eastern Bank.
When does the fiscal year end for Eastern Bank?
Eastern Bank's fiscal year ends in December.
Where is Eastern Bank based?
Eastern Bank's address is: 265 Franklin Street, Boston, MA, United States, 02110
What is Eastern Bank's ISIN number?
Eastern Bank's international securities identification number is: US27627N1054

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site