Financial Services -
Banks - Regional - NASDAQ - US
$ 15.11
-0.815 %
$ 3.23 B
Market Cap
22.14
P/E
1. INTRINSIC VALUE
Balance Sheet
Eastern Bankshares, Inc.
| Current Assets | 1.01 B |
| Cash & Short-Term Investments | 1.01 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.12 B |
| Long-Term Investments | 0 |
| PP&E | 64.6 M |
| Other Non-Current Assets | 1.05 B |
| Current Liabilities | 2.52 M |
| Accounts Payable | 0 |
| Short-Term Debt | 2.52 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 91.4 M |
| Long-Term Debt | 91.4 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Eastern Bankshares, Inc.
| Revenue | 732 M |
| Cost Of Revenue | 0 |
| Gross Profit | 732 M |
| Operating Expenses | 732 M |
| Operating Income | 120 M |
| Other Expenses | 0 |
| Net Income | 120 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Eastern Bankshares, Inc.
| Net Income | 120 M |
| Depreciation & Amortization | 38.4 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 19.3 M |
| Change in Working Capital | -5.78 M |
| Others | -118 M |
| Free Cash Flow | 20.8 M |
Wall Street Analysts Price Targets
Eastern Bankshares, Inc.
EBC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.70%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Eastern Bankshares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
337 K USD 2
6-9 MONTHS
211 K USD 1
9-12 MONTHS
125 K USD 3
Bought
154 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
78.2 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Eastern Bankshares, Inc. Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast.
businesswire.com
- 4 weeks ago
Theresa Conroy Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Theresa Conroy as a Senior Vice President, Commercial Banking Relationship Manager. Ms. Conroy brings 20 years of commercial and industrial lending experience to Regional and Middle Market companies. “It is a pleasure to welcome Theresa Conroy to Eastern Bank's Commercial Banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “She takes the time to understand the needs of her clien.
businesswire.com
- 1 month ago
What Makes Eastern Bankshares, Inc. (EBC) a Strong Momentum Stock: Buy Now?
Does Eastern Bankshares, Inc. (EBC) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 2 months ago
3 Top-Ranked Breakout Stocks to Buy Now: BWB, EBC, BWAY
Bridgewater Bancshares, Eastern Bankshares and BrainsWay have been selected as the breakout stocks for today.
zacks.com
- 2 months ago
Can Eastern Bankshares (EBC) Run Higher on Rising Earnings Estimates?
Eastern Bankshares (EBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
zacks.com
- 3 months ago
Eastern Bankshares: Emerging As A Stronger Bank
Eastern Bankshares, Inc.'s Q4 results showed strong revenue growth, driven by mergers, with a 35.3% increase year-over-year, beating estimates by $4.7 million. Margins are stabilizing, with an eight basis point expansion in net interest margin to 3.05%, leading to higher net interest and non-interest income. Asset quality improved, with a significant decrease in the provision for credit losses, despite a rise in non-performing loans due to merger-related assets.
seekingalpha.com
- 3 months ago
Eastern Bankshares, Inc. (EBC) Q4 2024 Earnings Call Transcript
Eastern Bankshares, Inc. (NASDAQ:EBC ) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants Bob Rivers - Executive Chair & Chair of the Board Denis Sheahan - CEO David Rosato - CFO Conference Call Participants Greg Zingone - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Seaport Research Partners Operator Hello, and welcome to the Eastern Bankshares, Inc. Fourth Quarter 2024 Earnings Conference Call. Today's call will include forward-looking statements, including statements about Eastern's future financial and operating results, outlook, business strategies and plans, as well as other opportunities and potential risks that management foresees.
seekingalpha.com
- 3 months ago
Eastern Bankshares, Inc. (EBC) Tops Q4 Earnings and Revenue Estimates
Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.10 per share a year ago.
zacks.com
- 3 months ago
Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share.
businesswire.com
- 3 months ago
Ahead of Eastern Bankshares (EBC) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Eastern Bankshares (EBC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
zacks.com
- 3 months ago
Andrew Hersom Joins Eastern Bank As Senior Vice President, Head Of Investor Relations
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Andrew Hersom as Senior Vice President, Head of Investor Relations. Mr. Hersom brings over 19 years of investor relations experience. He joins Eastern Bank from Argo Group International Holdings where he was head of investor relations responsible for interfacing with the investment community. Prior to that, Mr. Hersom was Senior Vice President of Investor Relations with People's United Financial, Inc. until the company's acquisition by.
businesswire.com
- 3 months ago
Eastern Bank Earns Top Score for 11th Consecutive Year in Human Rights Campaign Foundation's 2025 Corporate Equality Index
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce that for the eleventh consecutive year, it received a score of 100 on the Human Rights Campaign Foundation's 2025 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Eastern joins 765 U.S. businesses that also earned top marks this year. “At Eastern, advancing LGBTQ+ equality, both within and outside our organization, is a.
businesswire.com
- 3 months ago
8. Profile
Summary
Eastern Bankshares, Inc. EBC
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 3.23 B
Dividend Yield
0.70%
Description
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. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and time certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, small business loans, residential real estate loans, home equity, and lines of credit, as well as 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 cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, retirement planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; online, mobile, and telephone banking services; and automated lock box collection and account reconciliation services, as well as various insurance products. As of December 31, 2021, the company operated 105 branch offices in eastern Massachusetts and southern New Hampshire; and 23 non-branch offices in eastern Massachusetts, one office in New Hampshire, and one office in Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
Contact
265 Franklin Street, Boston, MA, 02110
https://www.easternbank.com
IPO
Date
Oct. 15, 2020
Employees
1998
Officers
Mr. Andrew J. Ravens
Corporate Communications Manager
Mr. Quincy L. Miller
President, Member of Advisory Board & Chief Operating Officer
Mr. Donald Michael Westermann
Executive Vice President & Chief Information Officer
Mr. Robert F. Rivers
Executive Chairman of the Board
Ms. Kathleen Cloherty Henry Esq.
Executive Vice President, General Counsel & Corporate Secretary
Mr. Andrew S. Hersom
Senior Vice President & Head of Investor Relations
Ms. Sujata Yadav
Executive Vice President & Chief Product Officer
Mr. Denis K. Sheahan
Chief Executive Officer & Director
Mr. R. David Rosato C.F.A.
Chief Financial Officer & Treasurer
Ms. Danielle Remis Hackel
Executive Vice President & Chief Marketing Officer