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Eastern Bankshares Inc

Financial Services US EBC

19.24USD
0.26(1.37%)

Last update at 2026-03-10T20:00:00Z

Day Range

18.7119.54
LowHigh

52 Week Range

10.4014.94
LowHigh

Fundamentals

  • Previous Close 18.98
  • Market Cap2368.62M
  • Volume2750399
  • P/E Ratio12.30
  • Dividend Yield3.24%
  • Revenue TTM616.50M
  • Revenue Per Share TTM3.79
  • Gross Profit TTM 726.29M
  • Diluted EPS TTM1.09

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 256.69M 188.71M 35.90M 174.58M 157.61M
Minority interest - - - - -
Net income 199.76M 154.66M 22.74M 135.10M 122.73M
Selling general administrative 304.44M 350.98M 310.82M 294.72M 288.79M
Selling and marketing expenses 9.54M 8.74M 8.88M 9.62M 11.10M
Gross profit 737.83M 616.47M 572.90M 593.56M 570.64M
Reconciled depreciation 3.86M 2.51M 27.91M 19.48M 20.07M
Ebit 317.92M 188.71M 35.90M 174.58M 182.73M
Ebitda 321.79M 191.22M 38.76M 194.06M 202.80M
Depreciation and amortization 3.86M 2.51M 2.86M 19.48M 20.07M
Non operating income net other - - - - -
Operating income 317.92M 188.71M 35.90M 174.58M 182.73M
Other operating expenses 9.54M 427.75M 537.00M 418.98M 387.91M
Interest expense 37.13M 5.33M 12.08M 33.75M 25.12M
Tax provision 56.93M 34.05M 13.16M 39.48M 34.88M
Interest income 605.18M 435.16M 413.33M 445.02M 415.17M
Net interest income 568.05M 429.83M 401.25M 411.26M 390.04M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 56.93M 34.05M 13.16M 39.48M 34.88M
Total revenue 737.83M 616.47M 572.90M 593.56M 566.79M
Total operating expenses 9.54M -427.75400M -536.99600M -418.98400M -387.90600M
Cost of revenue - - - - -3.85200M
Total other income expense net -61.23600M -11.22000M -79.39600M -33.75300M -25.12200M
Discontinued operations - - - - -
Net income from continuing ops 199.76M 154.66M 22.74M 135.10M 122.73M
Net income applicable to common shares 199.76M 154.66M 22.74M 135.10M 122.73M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 21133.28M 22646.86M 23512.13M 15964.19M 11628.77M
Intangible assets 566.21M 20.90M 18.21M 7.06M 8.70M
Earning assets - - - - -
Other current assets 876.15M -6690.77800M 3440.04M 5179.72M 7587.34M
Total liab 18158.42M 20175.07M 34.28M 28.05M 34.31M
Total stockholder equity 2974.86M 2471.79M 3406.35M 3428.05M 1600.15M
Deferred long term liab - - - - -
Other current liab 9826.60M -704.08400M -14.02000M -14.62400M -18.96400M
Common stock 1.77M 1.76M 1.86M 1.87M -
Capital stock 1.77M 1.76M 1.86M 1.87M -
Retained earnings 2047.75M 1881.78M 1768.65M 1665.61M 1644.00M
Other liab - 317.15M 443.19M 223.00M 222.22M
Good will 557.63M 640.22M 631.50M 369.48M 369.03M
Other assets 0.00000M 7831.90M 4527.20M 7116.47M 7587.34M
Cash 693.08M 169.50M 1231.79M 2054.07M 135.50M
Cash and equivalents - - - - -
Total current liabilities 9826.69M 331.65M 14.02M 14.62M 18.96M
Current deferred revenue - 331.65M - - -
Net debt -644.86000M 571.32M -1197.51400M -2026.02100M -101.19000M
Short term debt 0.10M 704.08M 14.02M 14.62M 18.96M
Short long term debt 0.10M 704.08M 14.02M 14.62M 18.96M
Short long term debt total 48.22M 740.83M 34.28M 28.05M 34.31M
Other stockholder equity 1666.44M 1511.44M 1692.53M 1706.34M 57.24M
Property plant equipment - 120.08M 80.98M 130.26M 56.57M
Total current assets 876.15M 6860.28M 9743.02M 5237.93M 1870.84M
Long term investments 4857.24M 7230.89M 9598.38M 5121.34M 1736.30M
Net tangible assets - 1810.66M 2756.65M 3051.52M 1222.42M
Short term investments 4407.52M 6690.78M 8511.22M 3183.86M 1735.34M
Net receivables - 17.50M 17.70M 17.10M 5.00M
Long term debt 48.12M 740.83M 34.28M 28.05M 34.31M
Inventory - - - - -
Accounts payable - 18974.36M 19628.31M 12155.78M 9551.39M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -741.10700M -923.19200M -56.69600M 54.23M -43.84700M
Additional paid in capital - - - - -
Common stock total equity - 1.76M 1.86M 1.87M -
Preferred stock total equity - - - - -
Retained earnings total equity - 1881.78M 1768.65M 1665.61M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 18751.73M -268.18300M -76.53500M -13.22900M -2170.59700M
Deferred long term asset charges - - - - -
Non current assets total 20257.13M 7954.67M 9241.91M 3609.79M 2170.60M
Capital lease obligations - - - - -
Long term debt total - 740.83M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -146.64500M -2358.11100M -2390.18300M -145.27400M -647.10400M
Change to liabilities -49.93400M -22.88200M -14.57400M 5.13M 1.49M
Total cashflows from investing activities -1076.65500M -1985.74400M -2390.18300M -145.27400M -647.10400M
Net borrowings 706.55M -36.27700M -207.34600M -98.89200M -192.21800M
Total cash from financing activities -215.57400M 988.98M 4011.80M 52.29M 390.65M
Change to operating activities -51.82600M 37.35M -67.98200M -24.41900M 53.26M
Net income 199.76M 154.66M 22.74M 135.10M 122.73M
Change in cash -1062.28700M -822.27800M 1691.47M 102.89M -51.44500M
Begin period cash flow 1231.79M 2054.07M 362.60M 259.71M 311.15M
End period cash flow 169.50M 1231.79M 2054.07M 362.60M 259.71M
Total cash from operating activities 229.94M 174.49M 69.85M 195.88M 205.01M
Issuance of capital stock 0.00000M 0.00000M 1792.88M - 0.00000M
Depreciation 27.97M 27.18M 27.91M 19.48M 20.07M
Other cashflows from investing activities -921.38300M 378.10M 1.77M 8.99M 7.85M
Dividends paid 65.89M 51.56M 2454.99M 51.56M 51.56M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -201.61800M -23.22400M -28.55200M 0.00000M 0.00000M
Other cashflows from financing activities -11.78500M -0.26300M 4909.81M 52.29M 582.87M
Change to netincome 21.70M -3.26200M 100.80M 8.99M 13.57M
Capital expenditures 8.63M 5.73M 5.14M 7.19M 9.03M
Change receivables - - - - -
Cash flows other operating 35.38M 46.01M -27.01900M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -1062.28700M -822.27800M 1691.47M - -
Change in working capital -48.12700M 39.70M -63.70000M 29.56M 44.83M
Stock based compensation 20.43M 9.41M 2.35M 11.68M 19.94M
Other non cash items 23.88M -51.15400M 100.91M -1.32100M 2.32M
Free cash flow 221.31M 168.76M 64.71M 188.69M 195.97M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
EBC
Eastern Bankshares Inc
0.26 1.37% 19.24 12.30 11.00 7.61 0.75
HDB
HDFC Bank Limited ADR
-0.24 0.81% 29.48 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.02 0.06% 31.67 6.61 5.68 0.48 0.77 3.43
IBN
ICICI Bank Limited
0.04 0.14% 28.06 17.79 16.95 0.07 3.08
BNPQY
BNP Paribas SA ADR
0.20 0.39% 50.96 8.57 6.56 1.75 0.57

Reports Covered

Stock Research & News

Profile

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, commercial real estate and construction, small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides trust, financial planning and portfolio management, automated lock box collection, cash management, and account reconciliation services; personal, business, and employee benefits insurance products. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Eastern Bankshares Inc

265 Franklin Street, Boston, MA, United States, 02110

Key Executives

Name Title Year Born
Mr. Robert F. Rivers Chairman & CEO 1965
Mr. Quincy L. Miller Pres 1975
Mr. James B. Fitzgerald CFO, Chief Admin. Officer & Treasurer 1958
Ms. Jillian A. Belliveau Head of Investor Relations NA
Ms. Kathleen Cloherty Henry Esq. Exec. VP, Gen. Counsel & Corp. Sec. 1973
Mr. Timothy J. Lodge Pres & CEO of Eastern Insurance Group LLC 1977
Ms. Nancy Huntington Stager Pres & CEO of Eastern Bank Foundation 1961
Mr. Quincy L. Miller President 1975
Mr. James B. Fitzgerald CFO, Chief Administrative Officer & Treasurer 1958
Ms. Kathleen Cloherty Henry Esq. Executive VP, General Counsel & Corporate Secretary 1973

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