Eastern Cash And Short Term Investments from 2010 to 2024

EBC Stock  USD 18.53  0.16  0.87%   
Eastern Bankshares' Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 658.4 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2019-12-31
Previous Quarter
748.6 M
Current Value
889.5 M
Quarterly Volatility
3.1 B
 
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 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.

Latest Eastern Bankshares' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Eastern Bankshares over the last few years. Short Term Investments is an account in the current assets section of Eastern Bankshares balance sheet. This account contains Eastern Bankshares investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eastern Bankshares fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Eastern Bankshares' Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Eastern Cash And Short Term Investments Regression Statistics

Arithmetic Mean2,700,268,013
Geometric Mean2,021,552,304
Coefficient Of Variation94.39
Mean Deviation1,832,056,795
Median1,715,606,000
Standard Deviation2,548,917,124
Sample Variance6496978.5T
Range9.1B
R-Value0.35
Mean Square Error6160405.3T
R-Squared0.12
Significance0.21
Slope197,053,562
Total Sum of Squares90957699.1T

Eastern Cash And Short Term Investments History

2024658.4 M
2023693.1 M
20226.9 B
20219.7 B
20205.2 B
20191.9 B

About Eastern Bankshares Financial Statements

Eastern Bankshares stakeholders use historical fundamental indicators, such as Eastern Bankshares' Cash And Short Term Investments, 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
Cash And Short Term Investments693.1 M658.4 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.