Eastern Bankshares Dividends and Buybacks
Dividend criteria checks 2/6
Eastern Bankshares is a dividend paying company with a current yield of 2.97% that is well covered by earnings. Next payment date is on 22nd June, 2026 with an ex-dividend date of 5th June, 2026.
Key information
3.0%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 17.7% |
| Next dividend pay date | 22 Jun 26 |
| Ex dividend date | 05 Jun 26 |
| Dividend per share | n/a |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
EBC: Deposit Franchise Scale And Lower Charge Offs Will Support Future Upside
Analysts have raised their fair value estimate for Eastern Bankshares to $23.50 from $23.25, citing recent bullish coverage and updated assumptions related to revenue growth, profitability, and the stock's future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to Eastern Bankshares' roughly $30b asset base as a key support for the updated fair value, arguing that this scale provides enough operating capacity to compete with larger regional and money center peers.EBC: Deposit Franchise Scale And Repricing Tailwinds Will Support Future Upside
Analysts have trimmed the fair value estimate for Eastern Bankshares slightly to $23.25. Street price targets around $23 reflect continued confidence in the bank's $30b deposit franchise and its ability to compete with larger players without losing its community banking focus.EBC: Repricing Tailwinds And Deposit Franchise Strength May Drive Future Upside
Analysts have raised Eastern Bankshares' consolidated price target to $23, citing its sizable $30 billion asset base, attractive Northeast deposit franchise, and expectations around Q4 balance sheet trends and repricing tailwinds as key supports for the revised view. Analyst Commentary Bullish Takeaways Bullish analysts highlight Eastern Bankshares' roughly $30b asset base as giving the bank enough scale to compete with larger regional and money center peers while still operating with a community banking approach, which they see as supportive for execution and earnings durability.EBC: Repricing Tailwinds And Dovish 2026 Fed Outlook May Unlock Upside
Analysts have lifted their price targets on Eastern Bankshares by $1 to $23, citing expectations around Q4 balance sheet trends, repricing benefits, and a potentially more dovish Federal Reserve stance in 2026. Analyst Commentary Recent research updates cluster around a modestly higher price target of $23, with the focus squarely on how Eastern Bankshares executes through upcoming Q4 results and into a shifting rate backdrop by 2026.EBC: Repricing Tailwinds And Dovish 2026 Fed Outlook Support Balanced Risk Reward
Analysts have lifted their price targets on Eastern Bankshares by $1 to $23, citing expectations for solid Q4 bank earnings, continued balance sheet growth, repricing tailwinds, and a more dovish Federal Reserve stance in 2026 as key supports for the shares. Analyst Commentary Recent price target increases to $23 highlight that bullish analysts see the current setup for Eastern Bankshares as supported by earnings expectations and the macro backdrop, while more cautious voices are focused on execution risk and how much of the good news is already reflected in the shares.EBC: Repricing Tailwinds And Dovish 2026 Fed Outlook Support Fairly Valued Setup
Analysts lifted their fair value estimate for Eastern Bankshares by about $1 to roughly $23.42. The change reflects updated assumptions on discount rate, revenue growth, profit margins, and a higher future P/E in line with recent price target increases from Street research.EBC: Repricing Tailwinds And Dovish Fed Outlook Balance Fairly Valued Setup
Narrative Update on Eastern Bankshares The analyst price target for Eastern Bankshares has been raised by $1 to $23, with analysts pointing to expectations for solid Q4 bank earnings, ongoing balance sheet growth, repricing tailwinds, and potential support from a more dovish Federal Reserve chair in 2026 as key factors behind the update. Analyst Commentary Bullish analysts are pointing to a more constructive setup for Eastern Bankshares as they fine tune expectations ahead of Q4 earnings.EBC: Repricing Tailwinds And Dovish Fed Expectations Will Drive Future Upside
Narrative Update on Eastern Bankshares Analysts have nudged their price target on Eastern Bankshares higher, with one firm lifting its target to $23 from $22. This reflects expectations for solid Q4 results, continued balance sheet growth, repricing benefits, and potential support from a more dovish Federal Reserve chair in 2026.EBC: Share Repurchases Will Drive Future Upside Despite Activist Pressure
Analysts have slightly raised their price target on Eastern Bankshares from 21.75 dollars to 22.20 dollars. This reflects modestly higher fair value expectations even as they factor in a marginally lower profit margin and a slightly richer future earnings multiple.EBC: Share Repurchases And HarborOne Deal Will Drive Further Upside
Analysts have modestly reaffirmed their outlook on Eastern Bankshares, maintaining the fair value estimate at $21.75 per share. They continue to see stable discount rates, revenue growth, margins, and future valuation multiples supporting the prior target.EBC: Share Buyback and Recent Acquisition Will Unlock Further Upside
Analysts have maintained their price target for Eastern Bankshares at $21.75 per share, citing subtle improvements in revenue growth projections and a slightly lower future price-to-earnings ratio as the basis for their continued outlook. What's in the News Eastern Bankshares has completed its acquisition of HarborOne Bancorp.Eastern Bankshares: Still Growing, Still A Long-Term Buy
Nov 11EBC: Share Buyback Program Will Drive Further Upside Potential
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).Share Buyback Plans And Acquisition Pressure Will Shape Regional Banking’s Future
Analysts have raised their price target for Eastern Bankshares by $1.00 to $22.00 per share. This change reflects recent adjustments in projected revenue growth and profit margins.Merger And Digital Expansion Will Strengthen Regional Banking In Greater Boston
Analysts have raised their price target for Eastern Bankshares from $20.20 to $21.00. They cited modestly lower expectations for revenue growth and profit margin as the primary drivers for the updated valuation.Merger And Digital Expansion Will Strengthen Regional Banking In Greater Boston
The consensus price target for Eastern Bankshares has increased to $20.20, driven by sharply upgraded revenue growth forecasts and a significant reduction in the expected future P/E multiple. What's in the News Eastern Bank secured LOUD Security Systems Inc.Eastern Bankshares' (NASDAQ:EBC) Upcoming Dividend Will Be Larger Than Last Year's
May 07
Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
Apr 26Eastern Bankshares: Emerging As A Stronger Bank
Jan 24Bolstered By M&A, Eastern Bankshares Still Offers Compelling Long-Term Value
Sep 24
Cambridge Merger And Decisive Moves Propel Bank Into A Bright Future
Merger with Cambridge Trust and sale of Eastern Insurance Group strengthens market share and capital base, promising enhanced future revenue and growth.Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, EBC has been paying a dividend for less than 10 years.
Growing Dividend: EBC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Eastern Bankshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EBC) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.3% |
| Analyst forecast (EBC) (up to 3 years) | 3.1% |
Notable Dividend: EBC's dividend (2.97%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: EBC's dividend (2.97%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.7%), EBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 21:54 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Eastern Bankshares, Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared David Shaw | Barclays |
| Feddie Strickland | Hovde Group, LLC |
| Steven Alexopoulos | J.P. Morgan |