Eastern Bankshares Stock Net Income
| EBC Stock | USD 18.45 0.30 1.65% |
Eastern Bankshares fundamentals help investors to digest information that contributes to Eastern Bankshares' financial success or failures. It also enables traders to predict the movement of Eastern Stock. The fundamental analysis module provides a way to measure Eastern Bankshares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eastern Bankshares stock.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 229.7 M | 241.2 M | |
| Net Loss | -36 M | -34.2 M | |
| Net Loss | -56.4 M | -53.6 M | |
| Net Income Per Share | 0.66 | 0.63 | |
| Net Loss | (2.12) | (2.01) |
Eastern | Net Income |
Eastern Bankshares Company Net Income Analysis
Eastern Bankshares' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Eastern Bankshares Net Income | (62.69 M) |
Most of Eastern Bankshares' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eastern Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eastern Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Eastern Bankshares is extremely important. It helps to project a fair market value of Eastern Stock properly, considering its historical fundamentals such as Net Income. Since Eastern Bankshares' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eastern Bankshares' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eastern Bankshares' interrelated accounts and indicators.
Eastern Net Income Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eastern Bankshares net income as a starting point in their analysis.
Eastern Bankshares Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Eastern Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Eastern Bankshares reported net income of (62.69 Million). This is 104.91% lower than that of the Banks sector and significantly lower than that of the Financials industry. The net income for all United States stocks is 110.98% higher than that of the company.
Eastern Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastern Bankshares' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastern Bankshares could also be used in its relative valuation, which is a method of valuing Eastern Bankshares by comparing valuation metrics of similar companies.Eastern Bankshares is currently under evaluation in net income category among its peers.
Eastern Bankshares Current Valuation Drivers
We derive many important indicators used in calculating different scores of Eastern Bankshares from analyzing Eastern Bankshares' financial statements. These drivers represent accounts that assess Eastern Bankshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eastern Bankshares' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Enterprise Value | 2.5B | 776.2M | 2.3B | 3.4B | 3.1B | 1.8B |
Eastern Bankshares ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eastern Bankshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eastern Bankshares' managers, analysts, and investors.Environmental | Governance | Social |
Eastern Bankshares Institutional Holders
Institutional Holdings refers to the ownership stake in Eastern Bankshares that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eastern Bankshares' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eastern Bankshares' value.| Shares | Hhg Plc | 2024-09-30 | 2.7 M | William Blair Investment Management, Llc | 2024-09-30 | 2.4 M | Massachusetts Financial Services Company | 2024-09-30 | 2.3 M | Wellington Management Company Llp | 2024-09-30 | 2.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2 M | Northern Trust Corp | 2024-09-30 | 1.8 M | Systematic Financial Management Lp | 2024-09-30 | 1.7 M | Jpmorgan Chase & Co | 2024-09-30 | 1.6 M | Eastern Bank | 2024-09-30 | 1.5 M | Vanguard Group Inc | 2024-09-30 | 20 M | Fmr Inc | 2024-09-30 | 18.4 M |
Eastern Fundamentals
| Return On Equity | 0.0295 | ||||
| Return On Asset | 0.0039 | ||||
| Profit Margin | 0.62 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 2.75 B | ||||
| Shares Outstanding | 197.25 M | ||||
| Shares Owned By Insiders | 0.95 % | ||||
| Shares Owned By Institutions | 74.10 % | ||||
| Number Of Shares Shorted | 4.43 M | ||||
| Price To Earning | 45.50 X | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 5.97 X | ||||
| Revenue | 609.26 M | ||||
| Gross Profit | 609.26 M | ||||
| EBITDA | 119.56 M | ||||
| Net Income | (62.69 M) | ||||
| Cash And Equivalents | 158.44 M | ||||
| Cash Per Share | 0.95 X | ||||
| Total Debt | 48.22 M | ||||
| Book Value Per Share | 18.66 X | ||||
| Cash Flow From Operations | 261.69 M | ||||
| Short Ratio | 4.40 X | ||||
| Earnings Per Share | 0.66 X | ||||
| Target Price | 21.25 | ||||
| Number Of Employees | 1.74 K | ||||
| Beta | 0.88 | ||||
| Market Capitalization | 3.64 B | ||||
| Total Asset | 21.13 B | ||||
| Retained Earnings | 2.05 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 21.13 B |
About Eastern Bankshares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eastern Bankshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastern Bankshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastern Bankshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Eastern Bankshares Piotroski F Score and Eastern Bankshares Altman Z Score analysis. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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) | Earnings Share 0.66 | Revenue Per Share | Quarterly Revenue Growth 0.049 | Return On Assets |
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.