EBC Eastern Bankshares Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: EBC

Price (delayed)

$12.43

Market cap

$2.19B

P/E Ratio

8.69

Dividend/share

$0.42

EPS

$1.43

Enterprise value

$1.55B

Founded in 1818, Boston-based Eastern Bank is America’s oldest and largest mutual bank, with $11 billion in assets and over 115 locations serving communities in eastern Massachusetts, southern and coastal ...

Highlights
The debt has plunged by 93% YoY and by 93% from the previous quarter
The company's equity rose by 22% QoQ and by 20% YoY
The revenue has plunged by 53% YoY and by 18% from the previous quarter
Eastern Bankshares's gross profit has shrunk by 53% YoY and by 18% QoQ
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.easternbank.com
Peers: NKSH NRIM NIC

Key stats

What are the main financial stats of EBC
Market
Shares outstanding
176.43M
Market cap
$2.19B
Enterprise value
$1.55B
Valuations
Price to earnings (P/E)
8.69
Price to book (P/B)
0.74
Price to sales (P/S)
7.49
EV/EBIT
9.17
EV/EBITDA
8.04
EV/Sales
5.29
Earnings
Revenue
$292.6M
EBIT
$168.87M
EBITDA
$192.51M
Free cash flow
$253.55M
Per share
EPS
$1.43
Free cash flow per share
$1.44
Book value per share
$16.86
Revenue per share
$1.66
TBVPS
$116.58
Balance sheet
Total assets
$21.13B
Total liabilities
$18.16B
Debt
$48.22M
Equity
$2.97B
Working capital
N/A
Liquidity
Debt to equity
0.02
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-3.35
Margins
EBITDA margin
65.8%
Gross margin
100%
Net margin
79.3%
Operating margin
-43.1%
Efficiency
Return on assets
1.1%
Return on equity
8.8%
Return on invested capital
0.8%
Return on capital employed
N/A
Return on sales
57.7%
Dividend
Dividend yield
3.38%
DPS
$0.42
Payout ratio
29.4%

EBC stock price

How has the Eastern Bankshares stock price performed over time
Intraday
1.55%
1 week
-1.97%
1 month
-3.57%
1 year
9.04%
YTD
-12.46%
QTD
-9.8%

Financial performance

How have Eastern Bankshares's revenue and profit performed over time
Revenue
$292.6M
Gross profit
$292.6M
Operating income
-$126M
Net income
$232.18M
Gross margin
100%
Net margin
79.3%
EBC's operating income has dropped by 153% year-on-year and by 34% since the previous quarter
The net margin has soared by 149% YoY
EBC's operating margin has dropped by 65% since the previous quarter
The revenue has plunged by 53% YoY and by 18% from the previous quarter

Growth

What is Eastern Bankshares's growth rate over time

Valuation

What is Eastern Bankshares stock price valuation
P/E
8.69
P/B
0.74
P/S
7.49
EV/EBIT
9.17
EV/EBITDA
8.04
EV/Sales
5.29
The EPS is up by 18% YoY
The company's equity rose by 22% QoQ and by 20% YoY
EBC's price to book (P/B) is 18% less than its last 4 quarters average of 0.9
The revenue has plunged by 53% YoY and by 18% from the previous quarter
The stock's price to sales (P/S) is 12% more than its last 4 quarters average of 6.7

Efficiency

How efficient is Eastern Bankshares business performance
The ROS is up by 44% YoY
Eastern Bankshares's ROIC has decreased by 33% YoY
The return on assets has increased by 22% year-on-year
The return on equity is up by 17% year-on-year

Dividends

What is EBC's dividend history
Dividend details
DPS
$0.42
Dividend yield
3.38%
Payout ratio
29.4%
Recent dividends

Financial health

How did Eastern Bankshares financials performed over time
The total assets is 16% more than the total liabilities
EBC's total liabilities is down by 10% year-on-year and by 2.9% since the previous quarter
The total assets has contracted by 7% YoY
The debt is 98% less than the equity
Eastern Bankshares's debt to equity has shrunk by 93% YoY and by 93% QoQ
The debt has plunged by 93% YoY and by 93% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.