Eastern Bankshares Inc (NASDAQ: EBC) kicked off on Friday, up 1.20% from the previous trading day, before settling in for the closing price of $15.77. Over the past 52 weeks, EBC has traded in a range of $13.51-$19.40.
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A company in the Financial sector has jumped its sales by 0.41% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 45.75%. With a float of $194.25 million, this company’s outstanding shares have now reached $211.50 million.
In an organization with 1998 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 49.01%, operating margin of -5.24%, and the pretax margin is -2.34%.
Eastern Bankshares Inc (EBC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Eastern Bankshares Inc is 8.14%, while institutional ownership is 67.89%. The most recent insider transaction that took place on May 13 ’25, was worth 36,817. In this transaction Director of this company sold 2,348 shares at a rate of $15.68, taking the stock ownership to the 27,187 shares. Before that another transaction happened on May 20 ’25, when Company’s Director sold 2,348 for $15.60, making the entire transaction worth $36,629. This insider now owns 29,011 shares in total.
Eastern Bankshares Inc (EBC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 45.75% per share during the next fiscal year.
Eastern Bankshares Inc (NASDAQ: EBC) Trading Performance Indicators
Take a look at Eastern Bankshares Inc’s (EBC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.53. Likewise, its price to free cash flow for the trailing twelve months is 11.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.93 in one year’s time.
Technical Analysis of Eastern Bankshares Inc (EBC)
Let’s dig in a bit further. During the last 5-days, its volume was 2.34 million. That was better than the volume of 1.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.25%.
During the past 100 days, Eastern Bankshares Inc’s (EBC) raw stochastic average was set at 60.20%, which indicates a significant increase from 57.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.35 in the past 14 days, which was lower than the 0.43 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.33, while its 200-day Moving Average is $16.58. However, in the short run, Eastern Bankshares Inc’s stock first resistance to watch stands at $16.29. Second resistance stands at $16.63. The third major resistance level sits at $16.87. If the price goes on to break the first support level at $15.72, it is likely to go to the next support level at $15.48. The third support level lies at $15.14 if the price breaches the second support level.
Eastern Bankshares Inc (NASDAQ: EBC) Key Stats
The company with the Market Capitalisation of 3.37 billion has total of 213,500K Shares Outstanding. Its annual sales at the moment are 1,071 M in contrast with the sum of 119,560 K annual income. Company’s last quarter sales were recorded 29,590 K and last quarter income was -217,670 K.