Eastern Bankshares Statistics
Total Valuation
EBC has a market cap or net worth of $2.54 billion. The enterprise value is $1.85 billion.
| Market Cap | 2.54B |
| Enterprise Value | 1.85B |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Jun 3, 2024 |
Share Statistics
EBC has 176.63 million shares outstanding. The number of shares has increased by 0.14% in one year.
| Shares Outstanding | 176.63M |
| Shares Change (YoY) | +0.14% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 1.20% |
| Owned by Institutions (%) | 75.07% |
| Float | 145.50M |
Valuation Ratios
The trailing PE ratio is 5.04 and the forward PE ratio is 11.29.
| PE Ratio | 5.04 |
| Forward PE | 11.29 |
| PS Ratio | 3.95 |
| Forward PS | 3.54 |
| PB Ratio | 0.86 |
| P/FCF Ratio | 13.77 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.69, with an EV/FCF ratio of 10.05.
| EV / Earnings | 3.98 |
| EV / Sales | 2.88 |
| EV / EBITDA | 3.69 |
| EV / EBIT | 3.87 |
| EV / FCF | 10.05 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.11 |
| Debt / FCF | 0.29 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 17.10% and return on invested capital (ROIC) is 6.34%.
| Return on Equity (ROE) | 17.10% |
| Return on Assets (ROA) | 2.20% |
| Return on Capital (ROIC) | 6.34% |
| Revenue Per Employee | $368,085 |
| Profits Per Employee | $266,583 |
| Employee Count | 1,744 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, EBC has paid $14.04 million in taxes.
| Income Tax | 14.04M |
| Effective Tax Rate | 2.93% |
Stock Price Statistics
The stock price has increased by +18.31% in the last 52 weeks. The beta is 0.87, so EBC's price volatility has been lower than the market average.
| Beta (1Y) | 0.87 |
| 52-Week Price Change | +18.31% |
| 50-Day Moving Average | 13.24 |
| 200-Day Moving Average | 13.15 |
| Relative Strength Index (RSI) | 72.33 |
| Average Volume (30 Days) | 954,333 |
Short Selling Information
The latest short interest is 4.93 million, so 2.79% of the outstanding shares have been sold short.
| Short Interest | 4.93M |
| Short Previous Month | 4.75M |
| Short % of Shares Out | 2.79% |
| Short % of Float | 3.39% |
| Short Ratio (days to cover) | 5.74 |
Income Statement
In the last 12 months, EBC had revenue of $641.94 million and earned $464.92 million in profits. Earnings per share was $2.86.
| Revenue | 641.94M |
| Gross Profit | 641.94M |
| Operating Income | 196.31M |
| Pretax Income | 478.96M |
| Net Income | 464.92M |
| EBITDA | 501.83M |
| EBIT | 478.96M |
| Earnings Per Share (EPS) | $2.86 |
Balance Sheet
The company has $739.02 million in cash and $52.75 million in debt, giving a net cash position of $686.26 million or $3.89 per share.
| Cash & Cash Equivalents | 739.02M |
| Total Debt | 52.75M |
| Net Cash | 686.26M |
| Net Cash Per Share | $3.89 |
| Equity / Book Value | 2.95B |
| Book Value Per Share | 16.72 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $193.74 million and capital expenditures -$9.41 million, giving a free cash flow of $184.33 million.
| Operating Cash Flow | 193.74M |
| Capital Expenditures | -9.41M |
| Free Cash Flow | 184.33M |
| FCF Per Share | $1.05 |
Margins
Gross margin is 100.00%, with operating and profit margins of 30.58% and 72.42%.
| Gross Margin | 100.00% |
| Operating Margin | 30.58% |
| Pretax Margin | 74.61% |
| Profit Margin | 72.42% |
| EBITDA Margin | 78.17% |
| EBIT Margin | 74.61% |
| FCF Margin | 28.71% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 3.05%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 3.05% |
| Dividend Growth (YoY) | 7.50% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 15.38% |
| Buyback Yield | -0.14% |
| Shareholder Yield | 2.91% |
| Earnings Yield | 18.32% |
| FCF Yield | 7.26% |
Analyst Forecast
The average price target for EBC is $15.00, which is 4.09% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.00 |
| Price Target Difference | 4.09% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |