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EBC - Eastern Bankshares: Rosy Earnings Outlook Appears Priced-In
May, 27 2022 11:11 PM
Eastern Bankshares Inc.
Decent commercial loan growth and regional economic factors will likely help the total loan growth turn back to black in the year ahead. Thanks to the loan mix, the margin is quite sensitive to an interest rate hike. The December 2022 target price suggests a small downside from the current market price. Further, EBC is offering a modest dividend yield. For further details see:
Eastern Bankshares: Rosy Earnings Outlook Appears Priced-In
Stock Information
Company Name:
Eastern Bankshares Inc.
Stock Symbol:
EBC
Market:
NASDAQ
Website:
easternbank.com
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