Eastern Bankshares Financials

EBC Stock  USD 18.45  0.30  1.65%   
Based on the key indicators related to Eastern Bankshares' liquidity, profitability, solvency, and operating efficiency, Eastern Bankshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Eastern Bankshares' Cash is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 24.5 B, whereas Other Liabilities is forecasted to decline to about 263.2 M. Key indicators impacting Eastern Bankshares' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.710.68
Sufficiently Up
Slightly volatile
Return On Assets0.00920.0126
Way Down
Pretty Stable
Return On Equity0.06990.0898
Significantly Down
Slightly volatile
Debt Equity Ratio0.01390.0146
Notably Down
Slightly volatile
Current Ratio17.6918.62
Notably Down
Slightly volatile
Investors should never underestimate Eastern Bankshares' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Eastern Bankshares' cash flow, debt, and profitability to make informed and accurate decisions about investing in Eastern Bankshares.

Net Income

164.91 Million

  
Understanding current and past Eastern Bankshares Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eastern Bankshares' financial statements are interrelated, with each one affecting the others. For example, an increase in Eastern Bankshares' assets may result in an increase in income on the income statement.
Please note, the presentation of Eastern Bankshares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastern Bankshares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Eastern Bankshares' management manipulating its earnings.

Eastern Bankshares Stock Summary

Eastern Bankshares competes with Western New, Northeast Community, Independent Bank, First Bancshares,, and Brookline Bancorp. Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts. Eastern Bankshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2058 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS27627N1054
CUSIP27627N105
LocationMassachusetts; U.S.A
Business Address265 Franklin Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.easternbank.com
Phone800 327 8376
CurrencyUSD - US Dollar

Eastern Bankshares Key Financial Ratios

Eastern Bankshares Key Balance Sheet Accounts

202020212022202320242025 (projected)
Other Liab222.2M223.0M443.2M317.2M364.7M263.2M
Net Tangible Assets1.2B3.1B2.8B1.8B2.1B1.7B
Retained Earnings1.7B1.8B1.9B2.0B2.4B1.7B
Accounts Payable9.6B12.2B19.6B19.0B21.8B12.7B
Other Assets7.1B4.5B7.8B(22.8M)(20.5M)(19.5M)
Other Current Assets2.2B1.4B366.8M183.1M164.8M156.5M
Total Current Assets5.2B9.7B6.9B876.1M1.0B957.2M
Total Assets16.0B23.5B22.6B21.1B24.3B19.5B
Net Debt(2.0B)(1.2B)571.3M(644.9M)(580.4M)(609.4M)
Cash2.1B1.2B169.5M693.1M797.0M812.8M
Long Term Debt28.0M34.3M740.8M48.1M55.3M52.6M
Net Receivables5M17.1M17.7M17.5M20.1M13.6M
Good Will369.5M631.5M640.2M557.6M641.3M538.4M
Total Liab28.0M34.3M20.2B18.2B20.9B21.9B
Net Invested Capital3.5B3.4B3.2B3.0B3.5B3.0B
Intangible Assets7.1M18.2M20.9M8.6M9.9M13.9M
Other Current Liab(14.6M)(14.0M)(704.1M)(95K)(85.5K)(89.8K)
Short Long Term Debt14.6M14.0M704.1M95K109.3K103.8K
Short Term Debt14.6M14.0M704.1M95K109.3K103.8K

Eastern Bankshares Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense12.1M5.3M37.1M246.1M283.0M297.1M
Income Tax Expense13.2M34.0M56.9M(63.3M)(57.0M)(54.1M)
Tax Provision13.2M34.0M56.9M(52.4M)(47.1M)(44.8M)
Net Interest Income401.3M429.8M568.1M567.1M652.2M507.4M
Interest Income413.3M435.2M605.2M767.8M883.0M565.0M
Total Revenue572.9M616.5M737.8M796.5M915.9M712.1M
Gross Profit572.9M616.5M737.8M796.5M915.9M712.1M
Operating Income35.9M188.7M317.9M(62.7M)119.6M109.3M
Ebit48.0M197.1M247.3M(62.7M)(56.4M)(53.6M)
Ebitda63.8M211.6M261.6M(62.7M)119.6M113.2M
Income Before Tax35.9M188.7M256.7M(126.0M)119.6M92.2M
Net Income22.7M154.7M199.8M294.9M119.6M164.9M

Eastern Bankshares Key Cash Accounts

202020212022202320242025 (projected)
Net Borrowings(98.9M)(207.3M)(36.3M)706.6M812.5M853.2M
Capital Expenditures5.1M5.7M8.6M8.1M9.4M6.8M
Change To Netincome9.0M100.8M(3.3M)21.7M25.0M30.0M
Investments(2.4B)(2.4B)(146.6M)1.4B1.6B1.6B
Change In Cash1.7B(822.3M)(1.1B)523.6M471.2M494.8M
Depreciation27.9M27.2M28.0M23.6M27.2M24.8M
Net Income22.7M154.7M199.8M(62.7M)(56.4M)(53.6M)
End Period Cash Flow2.1B1.2B169.5M693.1M797.0M798.6M
Free Cash Flow64.7M168.8M221.3M253.6M291.6M200.4M
Other Non Cash Items100.9M(51.2M)23.9M263.5M303.1M318.2M

Eastern Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eastern Bankshares's current stock value. Our valuation model uses many indicators to compare Eastern Bankshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastern Bankshares competition to find correlations between indicators driving Eastern Bankshares's intrinsic value. More Info.
Eastern Bankshares is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.13  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eastern Bankshares is roughly  7.56 . At present, Eastern Bankshares' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eastern Bankshares' earnings, one of the primary drivers of an investment's value.

Eastern Bankshares Systematic Risk

Eastern Bankshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eastern Bankshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on Eastern Bankshares correlated with the market. If Beta is less than 0 Eastern Bankshares generally moves in the opposite direction as compared to the market. If Eastern Bankshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eastern Bankshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eastern Bankshares is generally in the same direction as the market. If Beta > 1 Eastern Bankshares moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Eastern Bankshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eastern Bankshares' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eastern Bankshares growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.46)

At present, Eastern Bankshares' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Eastern Bankshares January 31, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Eastern Bankshares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eastern Bankshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastern Bankshares based on widely used predictive technical indicators. In general, we focus on analyzing Eastern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastern Bankshares's daily price indicators and compare them against related drivers.

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When running Eastern Bankshares' price analysis, check to measure Eastern Bankshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastern Bankshares is operating at the current time. Most of Eastern Bankshares' value examination focuses on studying past and present price action to predict the probability of Eastern Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Bankshares' price. Additionally, you may evaluate how the addition of Eastern Bankshares to your portfolios can decrease your overall portfolio volatility.
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