Eastern Bankshares, Inc. Eastern Bankshares, Inc.

Eastern Bankshares, Inc.

EBC

Rank in Stocks #3305
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank... 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.
Share Price
$22.94
Last synced: 2026-07-31
Market Cap
$5.30B
Change (1 day)
-0.76%
Change (1 year)
26.22%
Country
US
Trade Eastern Bankshares, Inc. (EBC)

Category

Financial Services
P/E ratio for Eastern Bankshares, Inc. (EBC)
P/E ratio as of October 2026 TTM: 11.84
According to Eastern Bankshares, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.84. At the end of 2024 the company had a P/E ratio of 26.13.
P/E ratio history for Eastern Bankshares, Inc. from 2018 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 11.84 -73.68%
2025 44.96 72.05%
2024 26.13 163.28%
2023 9.93 -30.55%
2022 14.29 -36.35%
2021 22.46 -81.78%
2020 123.24 552.28%
2019 18.89 -9.16%
2018 20.80 0.00%
P/E ratio for similar companies or competitors
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.