Eastern Book Value Per Share vs Cash Per Share Analysis

EBC Stock  USD 19.03  0.20  1.06%   
Eastern Bankshares financial indicator trend analysis is much more than just examining Eastern Bankshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern Bankshares is a good investment. Please check the relationship between Eastern Bankshares Book Value Per Share and its Cash Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

Book Value Per Share vs Cash Per Share

Book Value Per Share vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Bankshares Book Value Per Share account and Cash Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eastern Bankshares' Book Value Per Share and Cash Per Share is 0.73. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Eastern Bankshares, assuming nothing else is changed. The correlation between historical values of Eastern Bankshares' Book Value Per Share and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Eastern Bankshares are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Book Value Per Share i.e., Eastern Bankshares' Book Value Per Share and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Cash Per Share

Most indicators from Eastern Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern Bankshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.The current year's Selling General Administrative is expected to grow to about 344.6 M, whereas Tax Provision is projected to grow to (49.8 M).
 2021 2022 2023 2024 (projected)
Interest Income435.2M605.2M767.8M565.0M
Net Interest Income429.8M568.1M567.1M507.4M

Eastern Bankshares fundamental ratios Correlations

-0.45-0.6-0.2-0.350.190.63-0.580.22-0.31-0.47-0.3-0.540.250.39-0.490.1-0.63-0.17-0.77-0.49-0.390.32-0.55-0.02-0.28
-0.450.760.760.95-0.57-0.550.84-0.140.610.920.160.80.27-0.410.480.61-0.130.020.660.850.9-0.740.920.52-0.31
-0.60.760.640.73-0.49-0.520.93-0.160.780.770.00.96-0.16-0.840.920.440.06-0.160.680.880.6-0.770.750.31-0.22
-0.20.760.640.85-0.34-0.250.68-0.020.730.680.220.61-0.14-0.280.360.56-0.230.10.310.70.64-0.640.590.58-0.34
-0.350.950.730.85-0.57-0.520.87-0.160.780.920.310.780.09-0.330.430.66-0.240.180.540.90.89-0.780.860.67-0.33
0.19-0.57-0.49-0.34-0.570.85-0.630.83-0.54-0.70.1-0.70.050.44-0.45-0.890.620.23-0.05-0.72-0.630.81-0.57-0.710.79
0.63-0.55-0.52-0.25-0.520.85-0.660.83-0.49-0.7-0.17-0.680.190.37-0.44-0.590.16-0.01-0.34-0.7-0.640.71-0.63-0.590.44
-0.580.840.930.680.87-0.63-0.66-0.290.870.920.240.97-0.12-0.650.780.58-0.080.090.670.990.79-0.880.860.57-0.32
0.22-0.14-0.16-0.02-0.160.830.83-0.29-0.31-0.30.11-0.350.40.24-0.22-0.60.470.210.24-0.37-0.230.48-0.14-0.520.6
-0.310.610.780.730.78-0.54-0.490.87-0.310.730.30.8-0.43-0.510.640.59-0.260.170.330.890.59-0.790.570.66-0.35
-0.470.920.770.680.92-0.7-0.70.92-0.30.730.350.870.16-0.40.540.71-0.210.20.640.940.97-0.910.960.72-0.45
-0.30.160.00.220.310.1-0.170.240.110.30.350.02-0.060.48-0.26-0.050.260.980.370.240.45-0.20.350.480.18
-0.540.80.960.610.78-0.7-0.680.97-0.350.80.870.02-0.09-0.790.870.64-0.14-0.140.610.950.72-0.890.820.5-0.43
0.250.27-0.16-0.140.090.050.19-0.120.4-0.430.16-0.06-0.090.22-0.250.07-0.07-0.010.24-0.110.320.050.33-0.09-0.05
0.39-0.41-0.84-0.28-0.330.440.37-0.650.24-0.51-0.40.48-0.790.22-0.97-0.320.020.6-0.38-0.59-0.170.53-0.380.030.24
-0.490.480.920.360.43-0.45-0.440.78-0.220.640.54-0.260.87-0.25-0.970.340.03-0.390.510.710.31-0.650.510.11-0.24
0.10.610.440.560.66-0.89-0.590.58-0.60.590.71-0.050.640.07-0.320.34-0.81-0.16-0.060.690.68-0.850.560.84-0.92
-0.63-0.130.06-0.23-0.240.620.16-0.080.47-0.26-0.210.26-0.14-0.070.020.03-0.810.270.58-0.22-0.220.42-0.02-0.610.85
-0.170.02-0.160.10.180.23-0.010.090.210.170.20.98-0.14-0.010.6-0.39-0.160.270.280.090.33-0.050.220.380.26
-0.770.660.680.310.54-0.05-0.340.670.240.330.640.370.610.24-0.380.51-0.060.580.280.570.6-0.380.780.020.3
-0.490.850.880.70.9-0.72-0.70.99-0.370.890.940.240.95-0.11-0.590.710.69-0.220.090.570.83-0.920.850.67-0.42
-0.390.90.60.640.89-0.63-0.640.79-0.230.590.970.450.720.32-0.170.310.68-0.220.330.60.83-0.820.950.75-0.42
0.32-0.74-0.77-0.64-0.780.810.71-0.880.48-0.79-0.91-0.2-0.890.050.53-0.65-0.850.42-0.05-0.38-0.92-0.82-0.8-0.810.71
-0.550.920.750.590.86-0.57-0.630.86-0.140.570.960.350.820.33-0.380.510.56-0.020.220.780.850.95-0.80.56-0.3
-0.020.520.310.580.67-0.71-0.590.57-0.520.660.720.480.5-0.090.030.110.84-0.610.380.020.670.75-0.810.56-0.73
-0.28-0.31-0.22-0.34-0.330.790.44-0.320.6-0.35-0.450.18-0.43-0.050.24-0.24-0.920.850.260.3-0.42-0.420.71-0.3-0.73
Click cells to compare fundamentals

Eastern Bankshares Account Relationship Matchups

Eastern Bankshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities19.0M14.6M14.0M331.6M9.8B10.3B
Other Liab222.2M223.0M443.2M317.2M364.7M263.2M
Net Tangible Assets1.2B3.1B2.8B1.8B2.1B1.7B
Retained Earnings1.6B1.7B1.8B1.9B2.0B1.7B
Accounts Payable9.6B12.2B19.6B19.0B21.8B12.7B
Other Assets7.6B7.1B4.5B7.8B(5.3B)(5.0B)
Other Current Assets424.9M2.2B1.4B366.8M183.1M173.9M
Other Stockholder Equity57.2M1.7B1.7B1.5B1.5B889.6M
Total Current Assets1.9B5.2B9.7B6.9B876.1M832.3M
Property Plant Equipment56.6M130.3M81.0M120.1M138.1M87.7M
Total Assets11.6B16.0B23.5B22.6B21.1B19.5B
Short Long Term Debt Total34.3M28.0M34.3M1.4B48.2M45.8M
Total Stockholder Equity1.6B3.4B3.4B2.5B3.0B2.8B
Property Plant And Equipment Net56.6M49.4M81.0M62.7M60.1M69.0M
Net Debt(101.2M)(2.0B)(1.2B)571.3M(644.9M)(677.1M)
Cash135.5M2.1B1.2B169.5M693.1M812.8M
Non Current Assets Total2.2B3.6B9.2B8.0B25.5B26.8B
Non Currrent Assets Other(63.9M)(13.2M)(76.5M)(268.2M)(5.8B)(5.5B)
Long Term Debt34.3M28.0M34.3M740.8M48.1M45.7M
Cash And Short Term Investments1.9B5.2B9.7B6.9B693.1M658.4M
Net Receivables5M17.1M17.7M17.5M20.1M13.6M
Short Term Investments1.7B3.2B8.5B6.7B4.4B4.8B
Liabilities And Stockholders Equity11.6B16.0B23.5B22.6B21.1B19.5B
Non Current Liabilities Total34.3M28.0M34.3M19.8B18.2B19.1B
Total Liab34.3M28.0M34.3M20.2B18.2B19.1B
Net Invested Capital1.6B3.5B3.4B3.2B3.0B3.0B
Long Term Investments1.7B5.1B9.6B7.2B4.9B5.5B
Property Plant And Equipment Gross56.6M48.7M174.4M156.4M155.7M120.7M
Accumulated Other Comprehensive Income(43.8M)54.2M(56.7M)(923.2M)(608.4M)(577.9M)
Intangible Assets8.7M7.1M18.2M20.9M8.6M13.9M

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.