Eastern Competitors
| EBC Stock | USD 21.61 0.19 0.89% |
Eastern Bankshares vs Texas Capital Correlation
Almost no diversification
The correlation between Eastern Bankshares and TCBI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eastern Bankshares and TCBI in the same portfolio, assuming nothing else is changed.
Moving together with Eastern Stock
| 0.87 | BNPH | BNP PARIBAS ADR | PairCorr |
| 0.76 | BIRG | Bank of Ireland | PairCorr |
| 0.71 | AON0 | AOZORA BANK LTD | PairCorr |
| 0.89 | AX | Axos Financial | PairCorr |
| 0.95 | BY | Byline Bancorp | PairCorr |
Moving against Eastern Stock
| 0.68 | 3YB | Postal Savings Bank | PairCorr |
| 0.35 | ICBA | ICICI Bank Limited | PairCorr |
| 0.32 | C3B | Chongqing Rural Comm | PairCorr |
Eastern Bankshares Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eastern Bankshares and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Eastern and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Eastern Bankshares does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Eastern Stock performing well and Eastern Bankshares Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Eastern Bankshares' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MTB | 0.98 | 0.25 | 0.24 | 0.36 | 0.69 | 2.65 | 5.19 | |||
| FULT | 1.30 | 0.28 | 0.20 | 0.31 | 1.13 | 3.01 | 8.73 | |||
| SNV | 1.31 | 0.04 | (0.01) | 0.28 | 1.99 | 2.93 | 9.63 | |||
| TBBK | 1.93 | (0.18) | 0.00 | (0.03) | 0.00 | 4.87 | 20.77 | |||
| INDB | 1.16 | 0.23 | 0.18 | 0.29 | 0.99 | 2.97 | 8.01 | |||
| ASB | 1.23 | 0.07 | 0.06 | 0.11 | 1.31 | 3.31 | 8.15 | |||
| TFSL | 1.18 | 0.09 | 0.05 | 0.17 | 1.47 | 2.75 | 8.19 | |||
| UCB | 1.11 | 0.18 | 0.12 | 0.29 | 1.14 | 2.80 | 8.46 | |||
| INTR | 2.40 | (0.18) | 0.00 | (0.09) | 0.00 | 4.73 | 14.58 | |||
| TCBI | 1.24 | 0.20 | 0.13 | 0.24 | 1.35 | 3.42 | 10.21 |
Cross Equities Net Income Analysis
Compare Eastern Bankshares and related stocks such as MT Bank, Fulton Financial, and Sinovus Mining Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MTB | 22.2 M | 859.5 M | 1 B | 1.1 B | 1.1 B | 1.1 B | 1.3 B | 1.4 B | 1.9 B | 1.9 B | 1.4 B | 1.9 B | 2 B | 2.7 B | 2.6 B | 2.9 B | 3 B |
| FULT | 9.8 M | 145.6 M | 159.8 M | 161.8 M | 157.9 M | 149.5 M | 161.6 M | 171.8 M | 208.4 M | 226.3 M | 178 M | 275.5 M | 287 M | 284.3 M | 288.7 M | 391.6 M | 411.2 M |
| TBBK | (3.6 M) | 8.9 M | (43.2 M) | (14.4 M) | 57.1 M | 13.4 M | (96.5 M) | 21.7 M | 88.7 M | 51.6 M | 80.1 M | 110.7 M | 130.2 M | 192.3 M | 217.5 M | 228.2 M | 239.6 M |
| INDB | 6 M | 45.4 M | 42.6 M | 50.3 M | 59.8 M | 65 M | 76.6 M | 87.2 M | 121.6 M | 165.2 M | 121.2 M | 121 M | 263.8 M | 239.5 M | 192.1 M | 205.1 M | 215.4 M |
| TFSL | 21.8 M | 11.5 M | 56 M | 65.9 M | 72.6 M | 80.6 M | 88.9 M | 85.4 M | 80.2 M | 83.3 M | 81 M | 74.6 M | 75.2 M | 79.6 M | 91 M | 104.6 M | 63.2 M |
| UCB | 8.2 M | (226.7 M) | 33.9 M | 273.1 M | 67.6 M | 71.6 M | 100.7 M | 67.8 M | 166.1 M | 185.7 M | 164.1 M | 269.8 M | 277.5 M | 187.5 M | 252.4 M | 328.1 M | 344.6 M |
| INTR | 16.2 M | 16.2 M | 16.2 M | 17.1 M | 22.2 M | 32.9 M | 25.4 M | 48.2 M | 69.8 M | 78.9 M | 17.9 M | (72.7 M) | (11.1 M) | 302.3 M | 907.1 M | 1.3 B | 1.4 B |
| TCBI | (9.3 M) | 76 M | 120.7 M | 121.1 M | 136.4 M | 144.9 M | 155.1 M | 197.1 M | 293.4 M | 312 M | 66.3 M | 253.9 M | 332.5 M | 189.1 M | 77.5 M | 330.2 M | 346.8 M |
Eastern Bankshares and related stocks such as MT Bank, Fulton Financial, and Sinovus Mining Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Eastern Bankshares financial statement analysis. It represents the amount of money remaining after all of Eastern Bankshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Eastern Bankshares Competitive Analysis
The better you understand Eastern Bankshares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eastern Bankshares' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Eastern Bankshares' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Eastern Bankshares Competition Performance Charts
Five steps to successful analysis of Eastern Bankshares Competition
Eastern Bankshares' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Eastern Bankshares in relation to its competition. Eastern Bankshares' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Eastern Bankshares in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Eastern Bankshares' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Eastern Bankshares, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Eastern Bankshares Correlation with its peers. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Will Regional Banks sector continue expanding? Could Eastern diversify its offerings? Factors like these will boost the valuation of Eastern Bankshares. Projected growth potential of Eastern fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Eastern Bankshares data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.537 | Dividend Share 0.51 | Earnings Share 0.43 | Revenue Per Share | Quarterly Revenue Growth 0.328 |
Eastern Bankshares's market price often diverges from its book value, the accounting figure shown on Eastern's balance sheet. Smart investors calculate Eastern Bankshares' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Eastern Bankshares' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Eastern Bankshares' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eastern Bankshares should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Eastern Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
