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Eastern Bankshares Director Sells Massive Stock Holdings

Eastern Bankshares Director Sells Massive Stock Holdings

New insider activity at Eastern Bankshares ( (EBC) ) has taken place on December 1, 2025.

TipRanks Cyber Monday Sale

Director Joseph F. Casey has recently sold 322,771 shares of Eastern Bankshares stock, amounting to a total transaction value of $6,142,332.

Recent Updates on EBC stock

Eastern Bankshares recently completed its acquisition of HarborOne Bancorp, a strategic move aimed at enhancing market presence and operational strength. This merger, finalized on November 1, 2025, allows Eastern to integrate HarborOne’s operations and expand its market reach. Analysts have maintained a Hold rating on Eastern Bankshares, citing mixed financial performance, profitability challenges, and high valuation concerns despite positive earnings growth and strategic initiatives. The merger is expected to bring new board appointments and operational integration, while risks such as increased nonperforming loans remain a concern.

Spark’s Take on EBC Stock

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

Eastern Bankshares demonstrates strong financial management and strategic growth initiatives, particularly through its merger and share buyback program. However, the high P/E ratio suggests overvaluation, and technical indicators warn of potential overbought conditions. The company faces challenges with declining profit margins and increased nonperforming loans, which could impact future profitability.

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

More about Eastern Bankshares

YTD Price Performance: 11.75%

Average Trading Volume: 2,929,947

Technical Sentiment Signal: Buy

Current Market Cap: $4.49B

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