Eastern Bankshares Inc (EBC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Eastern Bankshares Inc stock $11.00, price $22.84, that is 51.8% below the price, quality 43 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Eastern Bankshares Inc
EBC · USOur calculation puts a fair price 52% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $9.42 – $23.49 · fair‑value band $8.25 – $13.75 · the $22.84 price screens above the $11.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
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.
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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.
Stock analysis
Eastern Bankshares Inc (EBC) currently trades at $22.84, while our model-based Fair Value estimate is $11.00, 52% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of $13.02 per share, and 0 of the 6 models we run sit above the $22.84 price.
Bear case: the Dividend Discount group reads lowest at $8.13, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $8.25 (bear) to $13.75 (bull), the price of $22.84 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Eastern Bankshares Inc reported revenue of $1.1B in FY2025 versus $523M in FY2021, a compound +19.2%/yr. Reported net income was $88.2M in FY2025, compounding −13.1%/yr from FY2021.
Key figures
Market cap $5.0B Mid · P/E ratio 12.9 · P/S ratio 4.30 · EPS (TTM) $1.77 · Dividend yield 2.5% · Net margin 32.8% · Return on equity 9.5% · Return on assets (EBIT) 0.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 37% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −52%, EBC screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 6 officers or directors sold shares worth $2.4M and none bought.
- SaleRichard Corey BaneDirector4,000 shares at $21.78$87,120Sep 14, 2026
- SaleKathleen Cloherty HenryExecutive VP, General Counsel14,000 shares at $21.68$303,520Sep 2, 2026
- SaleDonald Michael WestermannChief Information Officer2× since Jan 28, 2026: 54,668 shares, avg. $20.98$1.1MSep 1, 2026
- SaleSteven Louis AntonakesExecutive VP13,500 shares at $21.95$296,325Sep 1, 2026
- SaleJoseph F CaseyDirector6× since Nov 26, 2025: 364,549 shares, avg. $19.49$7.1MAug 25, 2026
- SaleLuis BorgenDirector4× since Dec 1, 2025: 12,419 shares, avg. $20.06$249,091Jul 6, 202610b5-1 plan
- BuyR David RosatoChief Financial Officer10,000 shares at $18.81$188,100Mar 6, 2026
- SaleDavid Andrew AhlquistSVP, Chief Accounting Officer10,000 shares at $21.65$216,500Feb 5, 2026
Plus 17 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
EBC screens overvalued: fair value 52% below the price. Compare with China Merchants Bank Co →
Recent news
- Eastern Bank Provides Tax-Exempt Bond Financing For the William and Charlotte Bloomberg Public Science Common at the Museum of Science
- Eastern Bank Provides Financing for High Tide Capital’s Historic Redevelopment of The Day Building in Downtown New London, CT
- EBC Q3 deep dive: loan growth offsets deposit pressures amid stable asset quality
- The 5 most interesting analyst questions from Eastern Bank’s Q3 earnings call
Compare Eastern Bankshares Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Revenue growth by industry
- PEG ratio by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs EBC |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs EBC |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs EBC |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs EBC |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs EBC |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs EBC |
| Mizuho Financial Group MFG | $9.40 | $5.89 | −37% | vs EBC |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs EBC |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs EBC |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs EBC |
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Frequently asked questions
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Key figures of Eastern Bankshares Inc
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