How to Buy Eastern Bankshares Stock

Eastern Bankshares Inc

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers.

Eastern Bankshares stock last closed at $12.04, down 0.33% from the previous day, and has decreased 36.83% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.23 percentage points. Eastern Bankshares stock is currently +21.25% from its 52-week low of $9.93, and -38.67% from its 52-week high of $19.63.

There are currently 176.43M shares of EBC outstanding. The market capitalization of EBC is $2.12B. In the past 24 hours, 456,434 EBC shares were traded.

How to Buy Eastern Bankshares Stock

Not sure how to invest in Eastern Bankshares stock? Here's how.
  1. Choose where to buy Eastern Bankshares stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Eastern Bankshares stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your payment method and add your details.
  4. Research Eastern Bankshares stock: The Eastern Bankshares ticker symbol is EBC. Is Eastern Bankshares stock a good investment? Should you buy shares of EBC? How do EBC's underlying business fundamentals look? Do top analysts think Eastern Bankshares is a good buy? Why has EBC's stock price moved recently? (Hint: Our stock analysis website can help you figure out if EBC is a good stock to buy).
  5. Execute your EBC purchase: Decide if you will purchase EBC shares at the current market price or use a limit order to buy EBC shares at a particular price.
  6. Keep an eye on your EBC investment: Create a watchlist to get live updates on your investment in Eastern Bankshares shares.

Step 1: Choose where to buy Eastern Bankshares stock

You will need an online brokerage account in order to access the NASDAQ market and buy EBC shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy EBC stock today.

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Now that you have finished signing up on the stock trading app, you can securely and quickly fund your account:

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Step 4: Research Eastern Bankshares stock

After you have figured out the best place to buy Eastern Bankshares stock, it's important to analyze their stock prior to investing, so you truly comprehend the risk and upside.

Eastern Bankshares shares quick numbers

EBC Price
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Fore. Rev. Growth
Fore. Earn. Growth
Market Cap
Next Earnings
Jan 24, 2024
Next Dividend
Dec 15, 2023

Eastern Bankshares Zen Score

WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on EBC's stock page.

What is the fair value of EBC stock?

Analysts use many financial metrics, analyses, models, and charts to gauge EBC's true value.

Using relative valuations measures:

  • EBC may be undervalued based on its P/B ratio of 0.87x, relative to Banks - Regional industry P/B ratio of 0.94x

You can do additional valuation research on EBC's stock here.

EBC Financial Summary

Positive Health Checks:

  • EBC's operating cash flow of $212.37M allows it to safely service it's debt of $715.37M.

Negative Health Checks:

  • EBC profit margin has gone down from 27.7% to -11.6% in the past year.
  • EBC has a relatively high debt to equity ratio of 7.64.
  • EBC earnings of -$96.26M is not enough to cover its interest payments.

Is EBC stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who track EBC, the consensus analyst rating on Eastern Bankshares is a Sell

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Eastern Bankshares stock forecast page.

EBC Momentum

MACD Signal
MACD Histogram
Stochastic %K
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EBC Growth Metrics

Last year, EBC revenue was $380.54M. In the last 3 year, EBC's revenue has grown by -66.08% per year. This was slower than the Banks - Regional industry average of 5.79%.

Learn more about EBC's earnings and revenue performance here.

Are EBC executives and large shareholders buying or selling the stock?

In the past year, executives and large shareholders at EBC have sold more shares than they have bought.

Quincy Lee Miller, President of EBC, was the latest EBC insider to sell. They sold $125,562.50 worth of EBC stock on Nov 17, 2023.

Research more about who owns EBC stock here.

Does EBC stock generate passive income?

Eastern Bankshares pays a dividend of 1.66%, compared to the Banks - Regional industry's average dividend yield of 3.91%. If you owned $1,000 worth of EBC stock, you would have received $16.61 in the past year.

Dig into more data about Eastern Bankshares dividend yield and history here.

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Step 5: Execute your EBC purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, use a limit order.

Click the Open button and your broker will place your order.

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Step 6: Keep an eye on your EBC investment

Now that you own some EBC shares, you'll want to stay up-to-date on your stock purchase.

Make a watchlist to get notified of important updates regarding your EBC stock.

EBC Feed

How to Buy Stock in Eastern Bankshares

To reiterate, here are the 6 steps for buying Eastern Bankshares stock:

  1. Choose where to buy Eastern Bankshares stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Research Eastern Bankshares stock
  5. Execute your EBC purchase
  6. Keep an eye on your EBC investment

If you need a online brokerage, eToro is our favorite venue.

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If you would like to keep tabs on your new investment in Eastern Bankshares, create a watchlist on WallStreetZen today.

$12.04-0.04 (-0.33%)
Updated Nov 28, 2023
Open eToro Account
$12.04-0.04 (-0.33%)
Updated Nov 28, 2023
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How much does it cost to buy one Eastern Bankshares share?

As of Nov 28, 2023, it costs $12.04 to buy one share of Eastern Bankshares stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.498 shares of EBC.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Eastern Bankshares stock?

According to 2 Wall Street analysts who monitor Eastern Bankshares, their consensus recommendation is to sell Eastern Bankshares stock.

What is the best way to buy Eastern Bankshares stock?

One way to place an order for Eastern Bankshares stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.