EBC Eastern Bankshares Inc.

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans, as well as mortgage and personal loans, auto loans, preferred term loans, small business administration loans, and reserve lines of credit. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, pension planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; and electronic banking and foreign exchange services, as well as various insurance products. As of April 1, 2021, the company had approximately 110 locations in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Date	Price Target	Rating	Analyst
8/6/2024	$14.00 → $18.50	Neutral	JP Morgan
9/12/2023	$16.00	Buy	Seaport Research Partners
1/31/2023	$19.50 → $15.00	Neutral → Underweight	JP Morgan
1/30/2023	$17.00	Buy → Neutral	Janney
11/16/2021	$25.00	Overweight	Piper Sandler

Date

Price Target

Rating

Analyst

8/6/2024

$14.00 → $18.50

Neutral

JP Morgan

9/12/2023

$16.00

Buy

Seaport Research Partners

1/31/2023

$19.50 → $15.00

Neutral → Underweight

JP Morgan

1/30/2023

$17.00

Buy → Neutral

Janney

11/16/2021

$25.00

Overweight

Piper Sandler

Eastern Bankshares Inc.

Peers

Recent Analyst Ratings for Eastern Bankshares Inc.

Eastern Bankshares Inc. Insider Trading

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Director Williams Linda Marie was granted 4,172 shares, increasing direct ownership by 89% to 8,868 units (SEC Form 4)

Director Palandjian Leon Aghababai was granted 4,172 shares, increasing direct ownership by 5% to 95,678 units (SEC Form 4)

Director Harlam Bari A was granted 4,172 shares, increasing direct ownership by 6% to 78,084 units (SEC Form 4)

Director Schmidt Cathleen Agnes was granted 4,172 shares, increasing direct ownership by 84% to 9,128 units (SEC Form 4)

Director Markell Peter Kenneth was granted 4,172 shares, increasing direct ownership by 2% to 178,615 units (SEC Form 4)

Director Harney Marisa was granted 4,172 shares, increasing direct ownership by 89% to 8,868 units (SEC Form 4)

Director Chung Joseph was granted 4,172 shares, increasing direct ownership by 3% to 128,615 units (SEC Form 4)

Director Jackson Deborah C was granted 4,172 shares, increasing direct ownership by 6% to 71,456 units (SEC Form 4)

Director Bane Richard Corey was granted 4,172 shares, increasing direct ownership by 2% to 198,615 units (SEC Form 4)

Director Holbrook Richard Edward was granted 4,172 shares, increasing direct ownership by 2% to 275,115 units (SEC Form 4)