Eastern Financial Statements From 2010 to 2024

EBC Stock  USD 18.83  0.30  1.62%   
Eastern Bankshares financial statements provide useful quarterly and yearly information to potential Eastern Bankshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Eastern Bankshares financial statements helps investors assess Eastern Bankshares' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Eastern Bankshares' valuation are summarized below:
Gross Profit
726.3 M
Profit Margin
0.6193
Market Capitalization
3.7 B
Enterprise Value Revenue
5.6913
Revenue
609.3 M
We have found one hundred twenty available fundamental signals for Eastern Bankshares, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to verify all of Eastern Bankshares' prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. As of November 25, 2024, Market Cap is expected to decline to about 2.3 B. In addition to that, Enterprise Value is expected to decline to about 1.8 B

Eastern Bankshares Total Revenue

712.07 Million

Check Eastern Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastern Bankshares' main balance sheet or income statement drivers, such as Interest Expense of 258.4 M, Other Operating Expenses of 7.2 M or Net Income Applicable To Common Shares of 241.2 M, as well as many indicators such as Price To Sales Ratio of 4.09, Dividend Yield of 0.0178 or PTB Ratio of 1.31. Eastern financial statements analysis is a perfect complement when working with Eastern Bankshares Valuation or Volatility modules.
  
Check out the analysis of Eastern Bankshares Correlation against competitors.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

Eastern Bankshares Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Current Liabilities10.3 B9.8 B6.9 B
Slightly volatile
Other Liabilities263.2 M364.7 M229 M
Slightly volatile
Net Tangible Assets1.7 B2.1 B1.4 B
Slightly volatile
Retained Earnings1.7 BB1.6 B
Slightly volatile
Accounts Payable12.7 B21.8 B11.7 B
Slightly volatile
Other Current Assets173.9 M183.1 M4.4 B
Slightly volatile
Total Current Assets832.3 M876.1 M6.7 B
Slightly volatile
Property Plant Equipment87.7 M138.1 M79.7 M
Slightly volatile
Total Assets19.5 B21.1 B14.5 B
Slightly volatile
Short and Long Term Debt Total45.8 M48.2 M208.3 M
Pretty Stable
Total Stockholder Equity2.8 BBB
Slightly volatile
Property Plant And Equipment Net69 M60.1 M65.1 M
Pretty Stable
Cash812.8 M693.1 M429.6 M
Slightly volatile
Non Current Assets Total26.8 B25.5 B6.3 B
Slightly volatile
Long Term Debt45.7 M48.1 M161.4 M
Very volatile
Cash And Short Term Investments658.4 M693.1 M2.7 B
Slightly volatile
Net Receivables13.6 M20.1 M8.8 M
Slightly volatile
Good Will538.4 M557.6 M428.5 M
Slightly volatile
Common Stock Shares Outstanding145.6 M162.4 M194.6 M
Slightly volatile
Short Term Investments4.8 B4.4 B2.9 B
Slightly volatile
Liabilities And Stockholders Equity19.5 B21.1 B14.5 B
Slightly volatile
Non Current Liabilities Total19.1 B18.2 B3.9 B
Slightly volatile
Inventory28 K31.5 K34.3 K
Slightly volatile
Total Liabilities19.1 B18.2 B9.8 B
Pretty Stable
Net Invested CapitalBB2.1 B
Slightly volatile
Long Term Investments5.5 B4.9 B3.2 B
Slightly volatile
Property Plant And Equipment Gross120.7 M155.7 M87.4 M
Slightly volatile
Intangible Assets13.9 M8.6 M12.5 M
Pretty Stable
Short and Long Term Debt90.2 K95 K61.5 M
Pretty Stable
Short Term Debt90.2 K95 K61.5 M
Pretty Stable
Common Stock Total Equity1.5 M1.6 M1.8 M
Slightly volatile
Retained Earnings Total Equity1.9 B2.2 B1.7 B
Slightly volatile
Capital Surpluse1.4 B1.5 B1.8 B
Slightly volatile
Capital Stock1.5 M1.8 M1.8 M
Slightly volatile
Non Current Liabilities Other472.7 M528.9 M396.5 M
Slightly volatile
Common Stock1.5 M1.8 M1.8 M
Slightly volatile
Current Deferred Revenue265.3 M298.5 M325 M
Slightly volatile
Long Term Debt Total592.7 M666.7 M726 M
Slightly volatile

Eastern Bankshares Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses7.2 M7.6 M303.3 M
Slightly volatile
Net Income Applicable To Common Shares241.2 M229.7 M132.8 M
Slightly volatile
Net Interest Income507.4 M567.1 M426.4 M
Slightly volatile
Interest Income565 M767.8 M464.5 M
Slightly volatile
Depreciation And Amortization1.7 M1.8 M16.6 M
Slightly volatile
Selling General Administrative344.6 M330 M302.3 M
Slightly volatile
Selling And Marketing Expenses7.4 M7.6 M10.1 M
Slightly volatile
Total Revenue712.1 M796.5 M608.7 M
Slightly volatile
Gross Profit712.1 M796.5 M608.7 M
Slightly volatile
Reconciled Depreciation29 M27.6 M19.4 M
Very volatile
Net Income170.5 M294.9 M138.8 M
Slightly volatile

Eastern Bankshares Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities184.9 M261.7 M190.3 M
Pretty Stable
Depreciation24.8 M23.6 M21.5 M
Slightly volatile
End Period Cash Flow798.6 M693.1 M513.2 M
Slightly volatile
Stock Based Compensation15.9 M23.2 M17.5 M
Slightly volatile
Free Cash Flow200.4 M253.6 M190.7 M
Very volatile
Begin Period Cash Flow161 M169.5 M469.3 M
Slightly volatile
Dividends Paid63.3 M66.7 M214.5 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.097.47774.7196
Slightly volatile
Dividend Yield0.01780.02890.0165
Slightly volatile
PTB Ratio1.310.77471.5134
Slightly volatile
Book Value Per Share17.4118.330126.424
Slightly volatile
Free Cash Flow Yield0.120.110.0763
Pretty Stable
Operating Cash Flow Per Share0.841.61250.9984
Pretty Stable
Stock Based Compensation To Revenue0.0790.07520.0162
Slightly volatile
Capex To Depreciation0.340.34430.3872
Slightly volatile
PB Ratio1.310.77471.5134
Slightly volatile
EV To Sales3.175.38534.2105
Slightly volatile
Free Cash Flow Per Share0.811.56230.9573
Pretty Stable
Net Income Per Share1.51.43060.7379
Slightly volatile
Sales General And Administrative To Revenue0.460.8920.5306
Pretty Stable
Capex To Revenue0.02770.02640.016
Pretty Stable
Cash Per Share23.631.428317.7298
Slightly volatile
POCF Ratio8.378.806414.3136
Pretty Stable
Payout Ratio0.350.28720.3312
Pretty Stable
Capex To Operating Cash Flow0.04690.03110.0437
Very volatile
PFCF Ratio8.639.089115.0171
Pretty Stable
ROE0.06990.0780.0757
Slightly volatile
EV To Operating Cash Flow6.036.342211.7796
Slightly volatile
PE Ratio9.439.925925.695
Very volatile
Return On Tangible Assets0.00950.01130.01
Slightly volatile
EV To Free Cash Flow6.226.545812.3112
Slightly volatile
Earnings Yield0.110.10070.0546
Slightly volatile
Intangibles To Total Assets0.03180.02680.0315
Slightly volatile
Current Ratio17.6918.6281.4673
Slightly volatile
Tangible Book Value Per Share14.114.841424.098
Slightly volatile
Graham Number12.2824.290412.0088
Slightly volatile
Shareholders Equity Per Share11.6618.330110.2448
Slightly volatile
Debt To Equity0.00.00.1494
Slightly volatile
Capex Per Share0.03230.05020.0413
Pretty Stable
Revenue Per Share2.51.8992.8585
Pretty Stable
Interest Debt Per Share1.141.51671.4795
Very volatile
Debt To Assets0.00.00.0186
Slightly volatile
Enterprise Value Over EBITDA13.8815.0613.8454
Slightly volatile
Short Term Coverage Ratios2.9 K2.8 K378
Slightly volatile
Price Earnings Ratio9.439.925925.695
Very volatile
Price Book Value Ratio1.310.77471.5134
Slightly volatile
Dividend Payout Ratio0.350.28720.3312
Pretty Stable
Price To Operating Cash Flows Ratio8.378.806414.3136
Pretty Stable
Price To Free Cash Flows Ratio8.639.089115.0171
Pretty Stable
Ebt Per Ebit0.921.7680.912
Slightly volatile
Effective Tax Rate0.530.50250.268
Slightly volatile
Company Equity Multiplier5.747.1047.4858
Slightly volatile
Long Term Debt To Capitalization0.03320.02260.069
Slightly volatile
Total Debt To Capitalization0.00.00.1226
Slightly volatile
Debt Equity Ratio0.00.00.1494
Slightly volatile
Quick Ratio17.6918.6281.4673
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.323.49817.2014
Slightly volatile
Cash Ratio0.440.4615.8059
Slightly volatile
Operating Cash Flow Sales Ratio0.890.84910.4027
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.770.96890.9441
Slightly volatile
Cash Flow Coverage Ratios2.9 K2.8 K378
Slightly volatile
Price To Book Ratio1.310.77471.5134
Slightly volatile
Fixed Asset Turnover10.115.12518.8967
Pretty Stable
Capital Expenditure Coverage Ratio20.3832.148923.6477
Pretty Stable
Price Cash Flow Ratio8.378.806414.3136
Pretty Stable
Enterprise Value Multiple13.8815.0613.8454
Slightly volatile
Debt Ratio0.00.00.0186
Slightly volatile
Cash Flow To Debt Ratio2.9 K2.8 K378
Slightly volatile
Price Sales Ratio4.097.47774.7196
Slightly volatile
Return On Assets0.00920.0110.0097
Slightly volatile
Asset Turnover0.01390.01460.0415
Slightly volatile
Net Profit Margin0.790.75340.2854
Slightly volatile
Price Fair Value1.310.77471.5134
Slightly volatile
Return On Equity0.06990.0780.0757
Slightly volatile

Eastern Bankshares Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.3 B2.6 B2.6 B
Pretty Stable
Enterprise Value1.8 B3.1 B2.5 B
Pretty Stable

Eastern Fundamental Market Drivers

Forward Price Earnings14.4928
Cash And Short Term Investments693.1 M

Eastern Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Eastern Bankshares Financial Statements

Eastern Bankshares stakeholders use historical fundamental indicators, such as Eastern Bankshares' revenue or net income, to determine how well the company is positioned to perform in the future. Although Eastern Bankshares investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eastern Bankshares' assets and liabilities are reflected in the revenues and expenses on Eastern Bankshares' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eastern Bankshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue298.5 M265.3 M
Total Revenue796.5 M712.1 M
Cost Of Revenue-215.4 M-204.6 M
Stock Based Compensation To Revenue 0.08  0.08 
Sales General And Administrative To Revenue 0.89  0.46 
Capex To Revenue 0.03  0.03 
Revenue Per Share 1.90  2.50 
Ebit Per Revenue(0.23)(0.22)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Eastern Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastern Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastern Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastern Bankshares Stock:
Check out the analysis of Eastern Bankshares Correlation against competitors.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern Bankshares. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Dividend Share
0.44
Earnings Share
0.53
Revenue Per Share
3.554
Quarterly Revenue Growth
0.049
The market value of Eastern Bankshares is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Eastern Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern Bankshares' market value can be influenced by many factors that don't directly affect Eastern Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.