The stock of Eastern BankShares, the holding company which owns Eastern Bank, jumped more than 20 percent in its first day of trading Thursday … View analysts' price targets for Eastern Bankshares or view top-rated stocks among Wall Street analysts. The Offshore Banking segment includes loans, deposits and other transactions and balances in freely convertible currencies with eligible corporate customers. Search the platform for stock code: EBC in this case. Cuomo says politicians asking him to resign are ‘reckless and dangerous’, Idaho ends Powerball participation because Australia might use some of the revenue for anti-gun measures, Congress puts Google, Facebook in its sights in effort to bolster local news. On average, they expect Eastern Bankshares' share price to reach $15.75 in the next twelve months. The Onshore Banking segment deals with the full range of commercial banking products and services offered by four different business units: Corporate, SME, Consumer Banking and Treasury. Take advantage of historically low home equity rates and no appraisal fee for a limited time with an Eastern FlexEquity® Account. This browser is no longer supported at MarketWatch. The company expects to raise between $1.3 billion and $2.0 billion by offering shares in connection with its conversion from a mutual holding company into a publicly traded stock … Founded in 1818, Boston-based Eastern Bank has approximately $14 billion in assets and more than 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Have Watchlists? Berkshire Hills' stock is down by about 69% year to date. That means the bank's book value is somewhere around $17.50 per share ($17.50 x 0.57 = ~$10) in this range. Eastern Bankshares has filed to raise $1.8 billion in an IPO of its common stock, according to an S-1 registration statement.The firm operates a network of community bank … During the day the price has varied from a low of USD$17.63 to a high of USD$18.27. AmarStockEastern Bank Ltd. (EBL) Company Information. Historical and current end-of-day data provided by FACTSET. Shares in Eastern Bank’s holding company will hit the market on Thursday after the Boston-based lender raised $1.8 billion through its initial public offering. Corporate and stock market News & information of Eastern Bank Ltd. (EBL). Log in to see them here or sign up to get started. (Eastern reported $135 million in net income last year, on $594 million in revenue.) Eastern Bankshares, Inc. is the stock holding company for Eastern Bank. Oct 14, 2020, 8:34pm EDT. There are currently no items in this Watchlist. You'll need your ID, bank details and national insurance number. Notice on a daily chart how the fund for small caps sought buying support at its rising 50-day moving average. Intraday Data provided by FACTSET and subject to terms of use. By using this site you agree to the Visit a quote page and your recently viewed tickers will be displayed here. For when you've had your fill of high-interest debt. Create a list of the investments you want to track. Confirm your payment details. All rights reserved. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Business Description. Eastern Bankshares, Inc is primarely in the business of savings institution, federally chartered. The platform should provide the latest information available. Eastern joins 767 major U.S. businesses that also earned top marks this year, including 48 Massachusetts-based companies. Eastern Bank Ltd is a commercial bank. Eastern Bank was founded on August 8, 1992 and is headquartered in Dhaka, Bangladesh. Something went wrong while loading Watchlist. ‘No peace’ for markets until 10-year Treasury yield hits 2%, strategist says, The 730-day presidency?Haunted by 2009, Democrats see delay as Republicans’ plan, Is your income just over the threshold for the $1,400 stimulus check? Eastern Bankshares, Inc. will be the stock holding company for Eastern Bank upon the completion of the offering and the conversion. Eastern Bankshares, Inc. will be the stock holding company for Eastern Bank upon the completion of the offering and the conversion. View today's stock price, news and analysis for Eastern Bank Ltd. (EBL). Eastern has typically donated 10% of its profits each year, a high percentage for any kind of company. The company financial products and services, personal and commercial banking, trade services, cash management, treasury, securities and custodial services. Brookline's stock is off by about 47%, and the bank is trading below both book value and tangible book value. It operates its business through the following segments: Onshore Banking, Offshore Banking, EBL Securities Ltd, EBL Investments Ltd, EBL Finance (HK) Ltd, and EBL Asset Management Ltd. The latest price was USD$17.92 (25 minute delay). Company profile page for Eastern Bank Corp including stock price, company news, press releases, executives, board members, and contact information For the best MarketWatch.com experience, please update to a modern browser. View the real-time EBC price chart on Robinhood and decide if you want to buy or sell commission-free. The newly public Eastern Bankshares (NASDAQ: EBC) just released its third-quarter earnings results, and they're one more reason I'm bullish on this $14 billion asset bank. View the latest Eastern Bank Ltd. (EBL) stock price, news, historical charts, analyst ratings and financial information from WSJ. What Could Come Next. The bank, established in 1818, plans to raise $1.3 billion to $1.7 billion through an initial public offering (IPO) this year, according to a regulatory filing. Get today's Eastern Bank Ltd stock price and latest ENBK news as well as Eastern Bank real-time stock quotes, technical analysis, full financials and more. Stimulus checks and vaccinations help boost U.S. consumer sentiment to post-pandemic high, Price targets on cruise-line stocks get a boost on evidence of pent-up demand. As a testament to this commitment, and as part of the conversion, Eastern will make a one-time stock donation to the Eastern Bank Charitable Foundation (EBCF). Rates as low as 6.99% APR. Profile of Eastern Bank Ltd. (EBL). With 95 branches, Eastern had a 3.2% market share in Massachusetts in 2016. EBL | Complete Eastern Bank Ltd. stock news by MarketWatch. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. Eastern Bankshares, Inc. is regulated by the U.S. Security and Exchange Commission and incorporated in the state of Massachusetts. At this level, Eastern also trades at a price-to-earnings multiple of roughly 20. issue management, underwriting, portfolio management and other transactions. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Eastern Bank against related stocks people have also bought. Find the latest Eastern Bankshares, Inc. (EBC) stock quote, history, news and other vital information to help you with your stock trading and investing. It opened the day at USD$18.12 after a previous close of USD$17.88. If you want to know who really controls Eastern Bankshares, Inc. ( NASDAQ:EBC ), then you'll have to look at the makeup... For the eighth consecutive year, Eastern Bank, including its Eastern Insurance Group subsidiary, is pleased to announce that it received a score of 100 on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. As a testament to this commitment, and as part of the conversion, Eastern will make a one-time stock donation to the Eastern Bank Charitable Foundation (EBCF). Eastern Bankshares, Inc (EBC) is a leading banks-regional business based in the US. Founded in 1818, Boston-based Eastern Bank has approximately $14 billion in assets and more than 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. View real-time stock prices and stock quotes for a full financial overview. Currency in USD, Trade prices are not sourced from all markets. The EBL Securities Ltd segment buys sells and deals in shares, debentures and other securities on behalf of customers and does margin lending etc. The EBL Investments Ltd segment offers all kinds of merchant banking activities i.e. You'll need to fund your account with a bank transfer, debit card or credit card. Privacy Notice, and All quotes are in local exchange time. The EBL Asset Management Ltd segment carries out business on asset management, portfolio management, capital market operation, equity investment, financial services i.e. Eastern Bank, the U.S.'s largest mutual savings bank, plans to go public, the Boston-based firm announced Thursday. Copyright © 2021 MarketWatch, Inc. All rights reserved. Cookie Notice (). corporate advisory, merger & acquisition, corporate restructuring etc. Eastern Bankshares provides commercial banking products and services primarily to retail, commercial, and small business customers. Fix it up while rates are down. Their forecasts range from $14.00 to $19.00. Intraday data delayed at least 15 minutes or per exchange requirements. Eastern Bankshares, Inc. will be the stock holding company for Eastern Bank upon the completion of the offering and the conversion. China's Regulators Punished Tech Giants. Founded in 1818, Boston-based Eastern Bank has more than 110 locations serving communities in eastern … EBC | Complete Eastern Bankshares Inc. stock news by MarketWatch. Eastern Bank Ltd. provides commercial and retail banking services. For financial reporting, their fiscal year ends on December 31st. Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Quick Take. It's a GOOD time for an Eastern Personal Loan. Eastern Bank also announced that the registration statement for the sale of the Company’s common stock has been declared effective by the Securities and Exchange Commission. Tax preparers have tips to help you qualify, Gov. The EBL Finance (HK) Ltd segment deals with trade finance and off-shore banking business in Hong Kong. Eastern Bank, America's largest mutual savings bank, is going public in what could be a $2 billion IPO. Research Eastern Bankshares shares. The company offers interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and … This suggests that the stock has a possible downside of 13.9%. View real-time stock prices and stock quotes for a full financial overview. About EBC. Subscriber Agreement & Terms of Use, © 2021 Verizon Media. Eastern Bank is a bank based in Boston, Massachusetts.Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.