Eastern Bankshares
About: Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has one operating segment; Banking business which offers a range of banking lending, savings, and small business offerings, and its wealth management and trust operations.
Employees: 1,998
0
Funds holding %
of 7,302 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
2,793% more call options, than puts
Call options by funds: $2.6M | Put options by funds: $90K
180% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 15
10% more funds holding
Funds holding: 242 [Q4 2024] → 267 (+25) [Q1 2025]
2.27% less ownership
Funds ownership: 68.43% [Q4 2024] → 66.16% (-2.27%) [Q1 2025]
9% less capital invested
Capital invested by funds: $2.53B [Q4 2024] → $2.31B (-$223M) [Q1 2025]
11% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 90
67% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 1 (-2) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$20
40%
upside
Avg. target
$20
40%
upside
High target
$20
40%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Damon Delmonte | 40%upside $20 | Outperform Maintained | 28 Apr 2025 |
Financial journalist opinion
Based on 8 articles about EBC published over the past 30 days
Neutral
Business Wire
1 day ago
Joseph Rodolfy Joins Eastern Bank As Senior Vice President, Commercial Real Estate Relationship Manager
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Joseph Rodolfy as a Senior Vice President, Commercial Real Estate Relationship Manager. Mr. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis. “Joseph Rodolfy's lending background and formal training in credit analysis align strongly to our focus on delivering comprehensive commercial banking services rooted in personalized relationships, and we are excited to welcome him to E.
Neutral
Business Wire
2 weeks ago
Karl-Henry Francois Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Karl-Henry Francois as a Senior Vice President, Commercial Banking Relationship Manager. Mr. Francois brings more than 20 years of banking experience, including 18 years of experience providing a comprehensive range of lending solutions for middle market commercial businesses. “Karl-Henry Francois brings a strong background in serving the credit, refinancing and overall lending and financing needs of middle market companies, and we are.
Neutral
Business Wire
2 weeks ago
Eastern Bank Announces Tobin Scientific As A Commercial Banking Customer
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce Tobin Scientific, a leading provider of ambient and cold GMP storage, biorepository services and specialized logistics for the life sciences industry, as a new commercial banking customer. Eastern Bank is providing Tobin Scientific with a full-service banking relationship that includes financing as well as deposit and treasury services. Founded in 1960 and headquartered in Beverly, MA, Tobin Scientific is a family-owned business dedic.
Positive
Zacks Investment Research
2 weeks ago
Best Income Stocks to Buy for June 2nd
ALX, HMN and EBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 2, 2025.
Positive
Zacks Investment Research
3 weeks ago
All You Need to Know About Eastern Bankshares (EBC) Rating Upgrade to Strong Buy
Eastern Bankshares (EBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
3 weeks ago
Best Income Stocks to Buy for May 29th
ALX, ISNPY and EBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 29, 2025.
Positive
Zacks Investment Research
3 weeks ago
Wall Street Analysts See a 30.24% Upside in Eastern Bankshares (EBC): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 30.2% in Eastern Bankshares (EBC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Neutral
Business Wire
4 weeks ago
Eastern Bank Welcomes David Ciolfi To Cambridge Trust Private Banking, A Division Of Eastern Bank, As Senior Vice President, Team Lead For Business Development
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome David Ciolfi as a Senior Vice President, Team Lead for Business Development with Cambridge Trust Private Banking, a Division of Eastern Bank. Mr. Ciolfi has over two decades of experience in financial and investment advisory services across private banking and wealth offerings. “David Ciolfi brings an entrepreneurial mindset and deep understanding of the private banking and wealth management needs in the Northeast region, and we are th.
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Think Eastern Bankshares (EBC) Could Surge 28.76%: Read This Before Placing a Bet
The consensus price target hints at a 28.8% upside potential for Eastern Bankshares (EBC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for May 1st
RITM, BBVA and EBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 1, 2025.
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