Eastern Bankshares, Inc. (EBC)
Fair ValueFundamental
62
Price
$20.93
Market Cap
$4.78B
Part 1 · What the company is worth
Overview
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.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users
Rockland Trust is the other large Massachusetts-headquartered commercial bank of comparable size, chasing the same small- and mid-sized business borrowers, retail deposits and wealth-management clients across Greater Boston, the South Shore and Rhode Island.
Citizens holds the second-largest deposit share in the Boston market and competes head-on with Eastern for household checking accounts, small-business relationships and middle-market commercial credit across New England.
Born in September 2025 from the merger of Berkshire Hills and Brookline, Beacon is a roughly $24 billion New England bank headquartered in Boston, overlapping with Eastern branch by branch on commercial lending and deposits in eastern Massachusetts and Rhode Island.
Needham Bank is a fast-growing Greater Boston commercial lender targeting the same local businesses, construction and commercial-real-estate borrowers that Eastern serves in the suburbs west and south of the city.
A large mutual savings bank with no shareholders and a dense branch network in the Boston suburbs, it competes with Eastern for exactly the same retail deposits and small-business lending in Middlesex and Norfolk counties.
Balance Sheet & Liquidity
Revenue
$1.12B
Trailing 12 months (through 6/30/2026)
Net Income
$376M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
-
Total Equity
$4.34B
Total Liabilities
$26.25B
Current Ratio
-
Interest Coverage
0.43
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$21.13
Current Price
$20.93
Margin of Safety
+0.9%
Fair Value Range
$18.50 - $23.76
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
11.76
ROE
2.0%
P/B Ratio
1.12
P/FCF
-
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
9.1%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (10)
- EPS shows upward trend
- P/B Ratio 1.12
- Operating Margin 35.8%
- Low reliance on intangibles
- Price below Graham Number
- ROE 9.0%
- Analyst Consensus 75% Buy
- PEG Ratio 0.41
- Earnings Quality (OCF/NI) 1.08
- Net Margin Trend 33.5% vs -10.2%
Failed (8)
- Price CAGR 4.42%
- Debt/Equity ratio
- Interest Coverage
- Return on Tangible Assets
- DCF valuation (Unknown)
- Earnings Surprise avg -2.2%
- Share Dilution 13.3%
- Piotroski F-Score 4/9
Unavailable (9)
- ROIC NaN%
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- Revenue Growth 5Y (Finnhub)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Robert Francis Rivers | Executive Chairman of the Board | 60 |
| Mr. Denis K. Sheahan | CEO & Director | 59 |
| Mr. Quincy Lee Miller | President, Member of Advisory Board & COO | 50 |
| Mr. R. David Rosato C.F.A. | CFO & Treasurer | 63 |
| Mr. Donald Michael Westermann | Executive VP & Chief Information Officer | 47 |
| Mr. Andrew S. Hersom | Senior VP & Head of Investor Relations | - |
| Ms. Kathleen Cloherty Henry Esq. | Executive VP, General Counsel & Corporate Secretary | 52 |
| Mr. Andrew J. Ravens | Corporate Communications Manager | - |
| Ms. Danielle F. Remis Hackel | Executive VP & Chief Marketing Officer | 55 |
| Ms. Jennifer Wambold | Executive VP & Chief People Officer | - |
Audit Risk
4
Board Risk
4
Compensation Risk
5
Shareholder Rights Risk
4
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-03-02
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-07
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-07-23
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for EBC, sourced from Markets Gazette.