Eastern Bankshares, Inc. operates as a holding company, which engages in the provision of financial and banking services. The company is headquartered in Boston, Massachusetts and currently employs 1,813 full-time employees. The company went IPO on 2020-10-15. The Bank is a Massachusetts-chartered bank through which it provides a variety of banking and trust and investment services. Its diversified products and services include lending, deposit, and wealth management. The company offers a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. Its lending focuses on various loan categories: commercial and industrial, including its asset-based lending portfolio, commercial real estate, commercial construction, small business banking, residential real estate, and home equity loans. Through Cambridge Trust Wealth Management, a division of Eastern Bank, it provides a range of wealth management and trust services. In addition, it offers automated lock box collection services, cash management services and account reconciliation services to its corporate and institutional customers.
Follow-Up Questions
What is Eastern Bankshares Inc (EBC)'s P/E Ratio?
The P/E ratio of Eastern Bankshares Inc is 33.3593
Who is the CEO of Eastern Bankshares Inc?
Mr. Denis Sheahan is the Chief Executive Officer of Eastern Bankshares Inc, joining the firm since 2023.
What is the price performance of EBC stock?
The current price of EBC is $17.08, it has decreased 1.14% in the last trading day.
What are the primary business themes or industries for Eastern Bankshares Inc?
Eastern Bankshares Inc belongs to Banking industry and the sector is Financials
What is Eastern Bankshares Inc market cap?
Eastern Bankshares Inc's current market cap is $3.6B
Is Eastern Bankshares Inc a buy, sell, or hold?
According to wall street analysts, 5 analysts have made analyst ratings for Eastern Bankshares Inc, including 1 strong buy, 5 buy, 2 hold, 0 sell, and 1 strong sell
