Eastern Gross Profit from 2010 to 2025

EBC Stock  USD 16.59  0.14  0.85%   
Eastern Bankshares' Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 725.3 M. Gross Profit is the profit Eastern Bankshares makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2019-03-31
Previous Quarter
299 M
Current Value
216.5 M
Quarterly Volatility
61.5 M
 
Covid
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 356.1 M, Other Operating Expenses of 768.1 M or Net Income Applicable To Common Shares of 241.2 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0186 or PTB Ratio of 1.25. 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.

Latest Eastern Bankshares' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Eastern Bankshares over the last few years. Gross profit is a required income statement account that reflects total revenue of Eastern Bankshares minus its cost of goods sold. It is profit before Eastern Bankshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Eastern Bankshares' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastern Bankshares' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 664.13 M10 Years Trend
Slightly volatile
   Gross Profit   
593.572.616.737.796.731.725.-3%8%20%8%-8%-1%100%
       Timeline  

Eastern Gross Profit Regression Statistics

Arithmetic Mean617,194,283
Geometric Mean612,710,872
Coefficient Of Variation13.02
Mean Deviation65,290,300
Median566,787,000
Standard Deviation80,346,416
Sample Variance6455.5T
Range229.7M
R-Value0.79
Mean Square Error2621.2T
R-Squared0.62
Significance0.0003
Slope13,299,262
Total Sum of Squares96833.2T

Eastern Gross Profit History

2025725.3 M
2024731.5 M
2023796.5 M
2022737.8 M
2021616.5 M
2020572.9 M
2019593.6 M

Other Fundumenentals of Eastern Bankshares

Eastern Bankshares Gross Profit component correlations

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0.630.87-0.20.770.760.7-0.20.060.750.710.370.360.720.590.430.230.23-0.630.210.21-0.33-0.33
0.720.87-0.280.810.950.84-0.240.150.910.890.620.420.870.810.430.340.34-0.640.190.19-0.27-0.27
-0.2-0.2-0.28-0.4-0.44-0.470.110.16-0.45-0.450.12-0.24-0.45-0.19-0.520.060.060.63-0.38-0.380.510.51
0.770.770.81-0.40.80.85-0.40.150.910.710.350.430.880.630.410.330.33-0.630.210.21-0.29-0.29
0.740.760.95-0.440.80.91-0.260.160.950.930.580.390.940.880.590.330.33-0.770.330.33-0.48-0.48
0.920.70.84-0.470.850.91-0.61-0.130.970.780.490.110.980.840.530.090.09-0.650.370.37-0.46-0.46
-0.78-0.2-0.240.11-0.4-0.26-0.610.57-0.47-0.02-0.360.56-0.51-0.450.110.350.35-0.110.030.03-0.07-0.07
-0.140.060.150.160.150.16-0.130.570.090.160.280.510.060.19-0.010.940.94-0.2-0.29-0.290.030.03
0.870.750.91-0.450.910.950.97-0.470.090.820.590.270.990.870.470.310.31-0.670.230.23-0.37-0.37
0.540.710.89-0.450.710.930.78-0.020.160.820.340.540.810.680.740.260.26-0.820.540.54-0.56-0.56
0.610.370.620.120.350.580.49-0.360.280.590.34-0.10.550.83-0.250.50.5-0.01-0.47-0.470.280.28
-0.180.360.42-0.240.430.390.110.560.510.270.54-0.10.20.020.40.40.4-0.610.180.18-0.27-0.27
0.90.720.87-0.450.880.940.98-0.510.060.990.810.550.20.880.540.260.26-0.690.320.32-0.46-0.46
0.840.590.81-0.190.630.880.84-0.450.190.870.680.830.020.880.290.390.39-0.470.040.04-0.26-0.26
0.260.430.43-0.520.410.590.530.11-0.010.470.74-0.250.40.540.29-0.07-0.07-0.890.90.9-0.95-0.95
0.110.230.340.060.330.330.090.350.940.310.260.50.40.260.39-0.071.0-0.2-0.37-0.370.120.12
0.110.230.340.060.330.330.090.350.940.310.260.50.40.260.39-0.071.0-0.2-0.37-0.370.120.12
-0.34-0.63-0.640.63-0.63-0.77-0.65-0.11-0.2-0.67-0.82-0.01-0.61-0.69-0.47-0.89-0.2-0.2-0.61-0.610.850.85
0.150.210.19-0.380.210.330.370.03-0.290.230.54-0.470.180.320.040.9-0.37-0.37-0.611.0-0.82-0.82
0.150.210.19-0.380.210.330.370.03-0.290.230.54-0.470.180.320.040.9-0.37-0.37-0.611.0-0.82-0.82
-0.21-0.33-0.270.51-0.29-0.48-0.46-0.070.03-0.37-0.560.28-0.27-0.46-0.26-0.950.120.120.85-0.82-0.821.0
-0.21-0.33-0.270.51-0.29-0.48-0.46-0.070.03-0.37-0.560.28-0.27-0.46-0.26-0.950.120.120.85-0.82-0.821.0
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About Eastern Bankshares Financial Statements

Eastern Bankshares stakeholders use historical fundamental indicators, such as Eastern Bankshares' Gross Profit, 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
Gross Profit731.5 M725.3 M

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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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
(0.85)
Dividend Share
0.45
Earnings Share
0.66
Revenue Per Share
3.667
Quarterly Revenue Growth
0.354
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.
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