Eastern Bankshares share price today

(EBC)

Eastern Bankshares share price is $17.48 & ₹1,490.52 as on 28 Dec 2024, 2.30 'hrs' IST

$17.48

▲

0.15

(0.87%)

Market is closed - opens 8 PM, 27 Dec 2024

View live Eastern Bankshares share price in Dollar and Rupees. Guide to invest in Eastern Bankshares from India. Also see the sentimental analysis on Indian investors investing in Eastern Bankshares. Get details on the Indian mutual funds that are investing in Eastern Bankshares. Get Analyst recommendations and forecasts along with all the Eastern Bankshares's financials.

Eastern Bankshares share price movements

Today's Low: $17.13
Today's High: $17.50
$17.48
2.0%
Downside
Day's Volatility :2.11%
Upside
0.11%
52 Weeks Low: $12.22
52 Weeks High: $19.40
$17.48
30.09%
Downside
52 Weeks Volatility :36.99%
Upside
9.87%

Eastern Bankshares Returns

Period	Eastern Bankshares Inc	Sector (Financials)	Index (Russel 2000)
3 Months	7.57%	8.8%	0.0%
6 Months	23.96%	19.4%	0.0%
1 Year	18.94%	30.7%	0.0%
3 Years	-15.55%	26.2%	-21.1%

Eastern Bankshares Key Statistics

in dollars & INR

Previous Close	$17.33
Open	$17.21
Today's High	$17.499
Today's Low	$17.13
Market Capitalization	$3.4B
Today's Volume	$238.0K
52 Week High	$19.395
52 Week Low	$12.22
Revenue TTM	$609.3M
Earnings Per Share (EPS)	$0.53
PE Ratio	32.7
Dividend Yield	2.78%
Profit Margin	61.93%
Quarterly Earnings Growth YOY	-0.46%
Return On Equity TTM	2.95%

How to invest in Eastern Bankshares from India?

It is very easy for Indian residents to invest directly in Eastern Bankshares from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Eastern Bankshares stock in both Indian Rupees (INR) and US Dollars (USD). Search for Eastern Bankshares or EBC on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Eastern Bankshares or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Eastern Bankshares shares which would translate to 0.049 fractional shares of Eastern Bankshares as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Eastern Bankshares, in just a few clicks!

Returns in Eastern Bankshares for Indian investors in Rupees

Investment Value

₹1,00,000

Eastern Bankshares investment value today

Current value as on today

₹1,22,298

Returns

₹22,298

(+22.3%)

Returns from Eastern Bankshares Stock

₹19,973 (+19.97%)

Dollar Returns

₹2,325 (+2.33%)

Indian investors sentiment towards Eastern Bankshares

-67%

Period: Sep 27, 2024 to Dec 26, 2024. Change in 30 Days versus previous period

Search volume for Eastern Bankshares on INDmoney from India has reduced in the last 30 days as on Dec 27, 2024. -67% less investors are searching Eastern Bankshares in the last 30 days versus the previous period.

Global Institutional Holdings in Eastern Bankshares

Vanguard Group Inc
10.07%
FMR Inc
9.27%
BlackRock Inc
6.36%
T. Rowe Price Investment Management,Inc.
4.94%
State Street Corp
3.49%
Dimensional Fund Advisors, Inc.
3.35%

Analyst Recommendation on Eastern Bankshares

Buy

75%Buy

25%Hold

0%Sell

Based on 8 Wall street analysts offering stock ratings for Eastern Bankshares(by analysts ranked 0 to 5 stars)

Based on 8 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Eastern Bankshares

What analysts predicted

Upside of 11.56%

Current:

$17.48

Target:

$19.50

Insights on Eastern Bankshares

Price Movement
In the last 6 months, EBC stock has moved up by 30.7%
Decreasing Revenue
Revenue is down for the last 2 quarters, 232.46M → 203.38M (in $), with an average decrease of 12.5% per quarter
Decreasing Net Profit
Netprofit is down for the last 4 quarters, 318.50M → -6.18M (in $), with an average decrease of 81.1% per quarter
EBC vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 44.8% return, outperforming this stock by 26.8%
EBC vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 88.4% return, outperforming this stock by 102.4%
Price to Sales
ForEBC every $1 of sales, investors are willing to pay $4.9, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Eastern Bankshares Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$566.8M	-
Net Income	$122.7M	-
Net Profit Margin	21.65%	-

	FY19	Y/Y Change
Revenue	$593.6M	↑ 4.72%
Net Income	$135.1M	↑ 10.08%
Net Profit Margin	22.76%	↑ 1.11%

	FY20	Y/Y Change
Revenue	$572.9M	↓ 3.48%
Net Income	$22.7M	↓ 83.17%
Net Profit Margin	3.97%	↓ 18.79%

	FY21	Y/Y Change
Revenue	$616.5M	↑ 7.61%
Net Income	$154.7M	↑ 580.2%
Net Profit Margin	25.09%	↑ 21.12%

	FY22	Y/Y Change
Revenue	$737.8M	↑ 19.69%
Net Income	$199.8M	↑ 29.16%
Net Profit Margin	27.07%	↑ 1.98%

	FY23	Y/Y Change
Revenue	$796.5M	↑ 7.95%
Net Income	$294.9M	↑ 47.61%
Net Profit Margin	37.02%	↑ 9.95%

	Q2 FY23	Q/Q Change
Revenue	$194.3M	↓ 41.68%
Net Income	$48.7M	↓ 125.07%
Net Profit Margin	25.04%	↑ 83.3%

	Q3 FY23	Q/Q Change
Revenue	$156.4M	↓ 19.53%
Net Income	$-4.4M	↓ 108.94%
Net Profit Margin	-2.78%	↓ 27.82%

	Q4 FY23	Q/Q Change
Revenue	$231.0M	↑ 47.71%
Net Income	$318.5M	↓ 7420.23%
Net Profit Margin	137.9%	↑ 140.68%

	Q1 FY24	Q/Q Change
Revenue	$229.4M	↓ 0.69%
Net Income	$38.6M	↓ 87.87%
Net Profit Margin	16.85%	↓ 121.05%

	Q2 FY24	Q/Q Change
Revenue	$232.5M	↑ 1.35%
Net Income	$26.3M	↓ 31.87%
Net Profit Margin	11.33%	↓ 5.52%

	Q3 FY24	Q/Q Change
Revenue	$203.4M	↓ 12.51%
Net Income	$-6.2M	↓ 123.5%
Net Profit Margin	-3.04%	↓ 14.37%

	FY18	Y/Y Change
Profit	$566.8M	-

	FY19	Y/Y Change
Profit	$593.6M	↑ 4.72%

	FY20	Y/Y Change
Profit	$572.9M	↓ 3.48%

	FY21	Y/Y Change
Profit	$616.5M	↑ 7.61%

	FY22	Y/Y Change
Profit	$737.8M	↑ 19.69%

	FY23	Y/Y Change
Profit	$796.5M	↑ 7.95%

	Q2 FY23	Q/Q Change
Profit	$195.4M	↓ 41.35%

	Q3 FY23	Q/Q Change
Profit	$156.4M	↓ 19.99%

	Q4 FY23	Q/Q Change
Profit	$203.6M	↑ 30.24%

	Q1 FY24	Q/Q Change
Profit	$229.6M	↑ 12.76%

	Q2 FY24	Q/Q Change
Profit	$207.5M	↓ 9.62%

	Q3 FY24	Q/Q Change
Profit	$299.0M	↑ 44.06%

	FY18	Y/Y Change
Operating Cash Flow	$205.0M	↑ 85.08%
Investing Cash Flow	$-647.1M	↑ 83.79%
Financing Cash Flow	$390.7M	↓ 701.15%

	FY19	Y/Y Change
Operating Cash Flow	$195.9M	↓ 4.45%
Investing Cash Flow	$-145.3M	↓ 77.55%
Financing Cash Flow	$52.3M	↓ 86.61%

	FY20	Y/Y Change
Operating Cash Flow	$69.9M	↓ 64.34%
Investing Cash Flow	$-2.4B	↑ 1545.29%
Financing Cash Flow	$4.0B	↑ 7572.07%

	FY21	Y/Y Change
Operating Cash Flow	$174.5M	↑ 149.8%
Investing Cash Flow	$-2.0B	↓ 16.92%
Financing Cash Flow	$989.0M	↓ 75.35%

	FY22	Y/Y Change
Operating Cash Flow	$229.9M	↑ 31.78%
Investing Cash Flow	$-1.1B	↓ 45.78%
Financing Cash Flow	$-215.6M	↓ 121.8%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$72.4M	↓ 27.95%
Investing Cash Flow	$-172.5M	↓ 108.98%
Financing Cash Flow	$-1.2B	↑ 2149.11%

Eastern Bankshares Technicals Summary

Sell

Neutral

Buy

Eastern Bankshares is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Eastern Bankshares Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Eastern Bankshares Inc	-7.23%	23.96%	18.94%	-15.55%	42.63%
Icici Bank Ltd.	-1.58%	5.94%	26.01%	56.19%	101.72%
Pnc Financial Services Group, Inc.	-9.39%	24.83%	24.71%	-3.52%	21.28%
U.s. Bancorp	-9.0%	23.0%	11.92%	-13.96%	-17.48%
Truist Financial Corp	-7.78%	13.23%	17.97%	-25.06%	-22.03%
Mizuho Financial Group, Inc.	-0.2%	15.37%	41.04%	91.37%	57.93%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Eastern Bankshares Inc	32.7	32.7	NA	0.98	0.03	0.0	0.03	18.66
Icici Bank Ltd.	19.69	19.69	0.0	1.36	0.19	0.02	0.01	397.44
Pnc Financial Services Group, Inc.	16.39	16.39	1.91	13.41	0.1	0.01	0.03	124.56
U.s. Bancorp	15.02	15.02	1.18	3.91	0.1	0.01	0.04	33.35
Truist Financial Corp	8.99	NA	1.94	3.69	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	11.62	11.62	1.07	1.14	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Eastern Bankshares Inc	Buy	$3.4B	42.63%	32.7	61.93%
Icici Bank Ltd.	Buy	$107.7B	101.72%	19.69	28.91%
Pnc Financial Services Group, Inc.	Buy	$77.0B	21.28%	16.39	25.11%
U.s. Bancorp	Hold	$76.2B	-17.48%	15.02	22.02%
Truist Financial Corp	Buy	$57.8B	-22.03%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$61.7B	57.93%	11.62	21.91%

Eastern Bankshares Dividend announcements

Eastern Bankshares Dividends December, 2024
In the quarter ending December,2024. Eastern Bankshares has declared dividend of $0.12
Read More

About Eastern Bankshares

founded in 1818 and based in boston, eastern bank is the largest and oldest mutual bank in the united states, with $10 billion in assets and over 120 locations serving communities in eastern massachusetts and southern and coastal new hampshire. eastern is a recognized leader in corporate social responsibility and for its advocacy on behalf of a number of social justice causes. member fdic. equal housing lender.

Organization	Eastern Bankshares
Employees	1744
CEO	Mr. Robert F. Rivers
Industry	Finance

Management People of Eastern Bankshares

Name	Title
Mr. Robert F. Rivers	Executive Chairman of the Board
Mr. Quincy L. Miller	President & COO
Mr. Donald Michael Westermann	Executive VP & Chief Information Officer
Ms. Kathleen Cloherty Henry Esq.	Executive VP, General Counsel & Corporate Secretary
Mr. Denis K. Sheahan	CEO & Director
Mr. R. David Rosato C.F.A.	Chief Financial Officer & Treasurer
Ms. Jillian A. Belliveau	Head of Investor Relations
Mr. Andrew J. Ravens	Corporate Communications Manager
Ms. Danielle Remis Hackel	Executive VP & Chief Marketing Officer
Ms. Sujata Yadav	Executive VP & Chief Product Officer

Important FAQs about investing in Eastern Bankshares from India :

What is Eastern Bankshares share price today?

Eastern Bankshares share price today stands at $17.48, Open: $17.21 ; Previous Close: $17.33 ; High: $17.50 ; Low: $17.13 ; 52 Week High: $19.40 ; 52 Week Low: $12.22. The stock opens at $17.21, after a previous close of $17.33. The stock reached a daily high of $17.50 and a low of $17.13, with a 52-week high of $19.40 and a 52-week low of $12.22.

Can Indians buy Eastern Bankshares shares?

Yes, Indians can invest in the Eastern Bankshares (EBC) from India.

With INDmoney, you can buy Eastern Bankshares at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Eastern Bankshares at zero transaction cost.

How can I buy Eastern Bankshares shares from India?

It is very easy to buy Eastern Bankshares from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Eastern Bankshares be purchased?

Yes, you can buy fractional shares of Eastern Bankshares with INDmoney app.

What are the documents required to start investing in Eastern Bankshares stocks?

To start investing in Eastern Bankshares, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.