Eastern Total Assets vs Total Revenue Analysis
EBC Stock | USD 18.53 0.16 0.87% |
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 Total Assets and its Total Revenue 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.
Total Assets vs Total Revenue
Total Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Bankshares Total Assets account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eastern Bankshares' Total Assets and Total Revenue is 0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue 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' Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Eastern Bankshares are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Eastern Bankshares' Total Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Eastern Bankshares assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Eastern Bankshares books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Revenue
Total revenue comprises all receipts Eastern Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Income | 435.2M | 605.2M | 767.8M | 565.0M | Net Interest Income | 429.8M | 568.1M | 567.1M | 507.4M |
Eastern Bankshares fundamental ratios Correlations
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Eastern Bankshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastern Bankshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 19.0M | 14.6M | 14.0M | 331.6M | 9.8B | 10.3B | |
Other Liab | 222.2M | 223.0M | 443.2M | 317.2M | 364.7M | 263.2M | |
Net Tangible Assets | 1.2B | 3.1B | 2.8B | 1.8B | 2.1B | 1.7B | |
Retained Earnings | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | 1.7B | |
Accounts Payable | 9.6B | 12.2B | 19.6B | 19.0B | 21.8B | 12.7B | |
Other Assets | 7.6B | 7.1B | 4.5B | 7.8B | (5.3B) | (5.0B) | |
Other Current Assets | 424.9M | 2.2B | 1.4B | 366.8M | 183.1M | 173.9M | |
Other Stockholder Equity | 57.2M | 1.7B | 1.7B | 1.5B | 1.5B | 889.6M | |
Total Current Assets | 1.9B | 5.2B | 9.7B | 6.9B | 876.1M | 832.3M | |
Property Plant Equipment | 56.6M | 130.3M | 81.0M | 120.1M | 138.1M | 87.7M | |
Total Assets | 11.6B | 16.0B | 23.5B | 22.6B | 21.1B | 19.5B | |
Short Long Term Debt Total | 34.3M | 28.0M | 34.3M | 1.4B | 48.2M | 45.8M | |
Total Stockholder Equity | 1.6B | 3.4B | 3.4B | 2.5B | 3.0B | 2.8B | |
Property Plant And Equipment Net | 56.6M | 49.4M | 81.0M | 62.7M | 60.1M | 69.0M | |
Net Debt | (101.2M) | (2.0B) | (1.2B) | 571.3M | (644.9M) | (677.1M) | |
Cash | 135.5M | 2.1B | 1.2B | 169.5M | 693.1M | 812.8M | |
Non Current Assets Total | 2.2B | 3.6B | 9.2B | 8.0B | 25.5B | 26.8B | |
Non Currrent Assets Other | (63.9M) | (13.2M) | (76.5M) | (268.2M) | (5.8B) | (5.5B) | |
Long Term Debt | 34.3M | 28.0M | 34.3M | 740.8M | 48.1M | 45.7M | |
Cash And Short Term Investments | 1.9B | 5.2B | 9.7B | 6.9B | 693.1M | 658.4M | |
Net Receivables | 5M | 17.1M | 17.7M | 17.5M | 20.1M | 13.6M | |
Short Term Investments | 1.7B | 3.2B | 8.5B | 6.7B | 4.4B | 4.8B | |
Liabilities And Stockholders Equity | 11.6B | 16.0B | 23.5B | 22.6B | 21.1B | 19.5B | |
Non Current Liabilities Total | 34.3M | 28.0M | 34.3M | 19.8B | 18.2B | 19.1B | |
Total Liab | 34.3M | 28.0M | 34.3M | 20.2B | 18.2B | 19.1B | |
Net Invested Capital | 1.6B | 3.5B | 3.4B | 3.2B | 3.0B | 3.0B | |
Long Term Investments | 1.7B | 5.1B | 9.6B | 7.2B | 4.9B | 5.5B | |
Property Plant And Equipment Gross | 56.6M | 48.7M | 174.4M | 156.4M | 155.7M | 120.7M | |
Accumulated Other Comprehensive Income | (43.8M) | 54.2M | (56.7M) | (923.2M) | (608.4M) | (577.9M) | |
Intangible Assets | 8.7M | 7.1M | 18.2M | 20.9M | 8.6M | 13.9M |
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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.