Update shared on 08 Nov 2025
Fair value Decreased 1.14%Analysts have slightly lowered their price target for Eastern Bankshares from $22.00 to $21.75, citing modest adjustments to future revenue growth and profit margin expectations.
What's in the News
- Eastern Bankshares completed its acquisition of HarborOne Bancorp, with more than 91% of HarborOne shareholders opting for stock consideration and the transaction finalized on November 1, 2025 (company filing).
- HoldCo Asset Management LP has called for Eastern Bankshares to consider selling itself rather than pursuing further acquisitions, criticizing recent capital allocation decisions, board governance, and executive compensation (investor statement).
- Eastern Bankshares announced a share repurchase program authorizing the buyback of up to 11.9 million shares, about 5% of its issued share capital. The program is valid through October 31, 2026 (company announcement).
- HoldCo Asset Management has acquired a 3% stake in Eastern Bankshares and signaled the possibility of a proxy fight if the company does not change its current strategy. The firm has expressed concerns over recent acquisitions and capital management (investor statement).
- Eastern Bank announced it is providing $7.5 million in financing and treasury services to LOUD Security Systems Inc., supporting the company’s growth initiatives (company announcement).
Valuation Changes
- The consensus analyst price target has been lowered slightly from $22.00 to $21.75.
- The discount rate has increased marginally from 6.78% to 6.96%.
- Revenue growth projections have edged downward from 37.67% to 37.46%.
- Net profit margin forecasts have declined from 52.44% to 48.01%.
- The future P/E has risen from 6.36x to 6.93x.
Disclaimer
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