Eastern Bankshares Net Worth

Eastern Bankshares Net Worth Breakdown

  EBC
The net worth of Eastern Bankshares is the difference between its total assets and liabilities. Eastern Bankshares' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Eastern Bankshares' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Eastern Bankshares' net worth can be used as a measure of its financial health and stability which can help investors to decide if Eastern Bankshares is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Eastern Bankshares stock.

Eastern Bankshares Net Worth Analysis

Eastern Bankshares' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Eastern Bankshares' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Eastern Bankshares' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Eastern Bankshares' net worth analysis. One common approach is to calculate Eastern Bankshares' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Eastern Bankshares' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Eastern Bankshares' net worth. This approach calculates the present value of Eastern Bankshares' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Eastern Bankshares' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Eastern Bankshares' net worth. This involves comparing Eastern Bankshares' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Eastern Bankshares' net worth relative to its peers.

Enterprise Value

1.84 Billion

To determine if Eastern Bankshares is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eastern Bankshares' net worth research are outlined below:
The company reported the last year's revenue of 609.26 M. Reported Net Loss for the year was (62.69 M) with profit before taxes, overhead, and interest of 609.26 M.
Eastern Bankshares has a poor financial position based on the latest SEC disclosures
About 74.0% of the company shares are held by institutions such as insurance companies
On 16th of December 2024 Eastern Bankshares paid $ 0.12 per share dividend to its current shareholders
Latest headline from news.google.com: Eastern Bankshares Clears Key Benchmark, Hitting 80-Plus RS Rating - MSN

Eastern Bankshares Quarterly Good Will

914.96 Million

Eastern Bankshares uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Eastern Bankshares. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eastern Bankshares' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of April 2024
Upcoming Quarterly Report
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25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Eastern Bankshares Target Price Consensus

Eastern target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Eastern Bankshares' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Buy
Most Eastern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Eastern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Eastern Bankshares, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Eastern Bankshares Target Price Projection

Eastern Bankshares' current and average target prices are 18.45 and 19.50, respectively. The current price of Eastern Bankshares is the price at which Eastern Bankshares is currently trading. On the other hand, Eastern Bankshares' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Eastern Bankshares Market Quote on 31st of January 2025

Low Price18.24Odds
High Price18.65Odds

18.45

Target Price

Analyst Consensus On Eastern Bankshares Target Price

Low Estimate17.75Odds
High Estimate21.65Odds

19.5

Historical Lowest Forecast  17.75 Target Price  19.5 Highest Forecast  21.65
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Eastern Bankshares and the information provided on this page.

Know Eastern Bankshares' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Eastern Bankshares is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastern Bankshares backward and forwards among themselves. Eastern Bankshares' institutional investor refers to the entity that pools money to purchase Eastern Bankshares' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Hhg Plc2024-09-30
2.7 M
William Blair Investment Management, Llc2024-09-30
2.4 M
Massachusetts Financial Services Company2024-09-30
2.3 M
Wellington Management Company Llp2024-09-30
2.1 M
Charles Schwab Investment Management Inc2024-09-30
M
Northern Trust Corp2024-09-30
1.8 M
Systematic Financial Management Lp2024-09-30
1.7 M
Jpmorgan Chase & Co2024-09-30
1.6 M
Eastern Bank2024-09-30
1.5 M
Vanguard Group Inc2024-09-30
20 M
Fmr Inc2024-09-30
18.4 M
Note, although Eastern Bankshares' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Eastern Bankshares' market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.64 B.

Market Cap

2.28 Billion

Project Eastern Bankshares' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.07 
The company has Net Profit Margin of 0.62 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.
When accessing Eastern Bankshares' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Eastern Bankshares' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eastern Bankshares' profitability and make more informed investment decisions.
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.

Evaluate Eastern Bankshares' management efficiency

As of January 31, 2025, Return On Tangible Assets is expected to decline to 0.01. The current year's Return On Capital Employed is expected to grow to -0.0037. At present, Eastern Bankshares' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 13.9 M, whereas Net Tangible Assets are forecasted to decline to about 1.7 B. Eastern Bankshares' management efficiency ratios could be used to measure how well Eastern Bankshares manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 21.08  20.03 
Tangible Book Value Per Share 17.07  16.21 
Enterprise Value Over EBITDA 15.06  13.88 
Price Book Value Ratio 0.89  1.31 
Price Fair Value 0.89  1.31 
Enterprise Value Multiple 15.06  13.88 
Enterprise Value3.1 B1.8 B
Eastern Bankshares' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Enterprise Value Revenue
5.1033
Revenue
609.3 M
Quarterly Revenue Growth
0.049
Revenue Per Share
3.554
Return On Equity
0.0295
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eastern Bankshares insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eastern Bankshares' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eastern Bankshares insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Gregory Buscone over three weeks ago
Disposition of 2975 shares by Gregory Buscone of Eastern Bankshares at 15.63 subject to Rule 16b-3
 
Ahlquist David Andrew over two months ago
Disposition of 1590 shares by Ahlquist David Andrew of Eastern Bankshares at 12.81 subject to Rule 16b-3
 
Henry Kathleen Cloherty over three months ago
Disposition of 9487 shares by Henry Kathleen Cloherty of Eastern Bankshares subject to Rule 16b-3
 
Palandjian Leon Aghababai over three months ago
Acquisition by Palandjian Leon Aghababai of 5000 shares of Eastern Bankshares at 15.64 subject to Rule 16b-3
 
Rosato R David over six months ago
Discretionary transaction by Rosato R David of tradable shares of Eastern Bankshares subject to Rule 16b-3
 
Harlam Bari A over six months ago
Disposition of 1913 shares by Harlam Bari A of Eastern Bankshares at 14.07 subject to Rule 16b-3
 
Robert Rivers over six months ago
Acquisition by Robert Rivers of 31956 shares of Eastern Bankshares subject to Rule 16b-3
 
Jackson Deborah C over six months ago
Disposition of 2200 shares by Jackson Deborah C of Eastern Bankshares at 14.07 subject to Rule 16b-3
 
Harney Marisa over six months ago
Acquisition by Harney Marisa of 4696 shares of Eastern Bankshares subject to Rule 16b-3
 
Henry Kathleen Cloherty over six months ago
Acquisition by Henry Kathleen Cloherty of 11463 shares of Eastern Bankshares subject to Rule 16b-3
 
Harlam Bari A over six months ago
Disposition of 4968 shares by Harlam Bari A of Eastern Bankshares at 13.08 subject to Rule 16b-3
 
James Fitzgerald over six months ago
Acquisition by James Fitzgerald of 26229 shares of Eastern Bankshares subject to Rule 16b-3

Eastern Bankshares Corporate Filings

8K
23rd of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
7th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
Eastern Bankshares time-series forecasting models is one of many Eastern Bankshares' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eastern Bankshares' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Eastern Bankshares Earnings per Share Projection vs Actual

Eastern Bankshares Corporate Management

Danielle HackelExecutive OfficerProfile
Andrew RavensCorporate ManagerProfile
Gregory BusconeExecutive OfficerProfile
Steven AntonakesExecutive ManagementProfile
Barbara HeinemannExecutive BankingProfile
Donald WestermannExecutive OfficerProfile
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.
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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
3.554
Quarterly Revenue Growth
0.049
Return On Assets
0.0039
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.