Compare · EBC vs INDB
EBC vs INDB
Side-by-side comparison of Eastern Bankshares Inc. (EBC) and Independent Bank Corp. (INDB): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both companies sit in the Finance sector. EBC focuses on Savings Institutions, while INDB focuses on Major Banks.
- EBC is the larger of the two at $5.11B, about 1.3x INDB ($3.94B).
- EBC has been more active in the news (11 items in the past 4 weeks vs 2 for INDB).
- Both have 13 recent analyst ratings on file.
Eastern Bankshares Inc.
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans, as well as mortgage and personal loans, auto loans, preferred term loans, small business administration loans, and reserve lines of credit. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, pension planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; and electronic banking and foreign exchange services, as well as various insurance products. As of April 1, 2021, the company had approximately 110 locations in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
Independent Bank Corp.
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2020, it operates through a network of ninety-six full service and two limited service retail branches, sixteen commercial banking centers, ten investment management offices, and eight mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Latest EBC
- Director Casey Joseph F sold $227,200 worth of shares (10,000 units at $22.72) as part of a pre-agreed trading plan (SEC Form 4)
- SEC Form 144 filed by Eastern Bankshares Inc.
- Director Casey Joseph F sold $229,600 worth of shares (10,000 units at $22.96) as part of a pre-agreed trading plan (SEC Form 4)
- SEC Form 144 filed by Eastern Bankshares Inc.
- Director Casey Joseph F sold $228,800 worth of shares (10,000 units at $22.88) as part of a pre-agreed trading plan (SEC Form 4)
- SEC Form 144 filed by Eastern Bankshares Inc.
- Director Casey Joseph F sold $236,200 worth of shares (10,000 units at $23.62) as part of a pre-agreed trading plan (SEC Form 4)
- SEC Form 144 filed by Eastern Bankshares Inc.
- SEC Form 144 filed by Eastern Bankshares Inc.
- SEC Form 10-Q filed by Eastern Bankshares Inc.
Latest INDB
- SEC Form 10-Q filed by Independent Bank Corp.
- Director Nadeau Gerard F sold $449,472 worth of shares (5,307 units at $84.69), decreasing direct ownership by 24% to 16,907 units (SEC Form 4)
- Independent Bank Corp. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Independent Bank Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
- Independent Bank Corp. Reports Second Quarter Net Income of $81.8 Million
- Independent Bank Corp. Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call
- SEC Form 11-K filed by Independent Bank Corp.
- Independent Bank Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Independent Bank Corp. Announces Quarterly Dividend
- Independent Bank Corp. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits