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Eastern Bankshares Awaits Merger Completion with HarborOne

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Eastern Bankshares Awaits Merger Completion with HarborOne

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An update from Eastern Bankshares ( (EBC) ) is now available.

Eastern Bankshares, Inc. announced its third quarter 2025 financial results, highlighting a net income of $106.1 million and a record high of $9.2 billion in wealth management assets under management. The company declared a regular quarterly cash dividend and received approval for a new share repurchase program. Additionally, Eastern Bankshares received regulatory approval for its merger with HarborOne Bancorp, expected to close on November 1, 2025, creating a leading $30 billion community bank in Greater Boston.

The most recent analyst rating on (EBC) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Eastern Bankshares stock, see the EBC Stock Forecast page.

Spark’s Take on EBC Stock

According to Spark, TipRanks’ AI Analyst, EBC is a Neutral.

Eastern Bankshares’ overall score is driven by a strong earnings call performance and positive technical indicators. However, financial performance and valuation concerns, particularly the negative P/E ratio, weigh down the score. The company’s strategic initiatives and growth in key areas provide a positive outlook, but profitability challenges need addressing.

To see Spark’s full report on EBC stock, click here.

More about Eastern Bankshares

Eastern Bankshares, Inc. is a holding company for Eastern Bank, operating in the financial services industry. The company focuses on providing banking services, including commercial lending and wealth management, with a strong presence in the Greater Boston area.

Average Trading Volume: 2,242,725

Technical Sentiment Signal: Buy

Current Market Cap: $3.93B

For detailed information about EBC stock, go to TipRanks’ Stock Analysis page.

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