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From a valuation standpoint, the stock is 37.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.7.
Based on the above factors, Eastern Bankshares, Inc gets an overall score of 1/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
Sector | Financial Services |
Industry | Banks - Regional |
ISIN | US27627N1054 |
Market Cap | 3B |
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Beta | 0.96 |
Target Price | 21 |
Dividend Yield | 3.2% |
PE Ratio | 22.89 |
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. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, 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 provides 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.
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