Eastern Bankshares Statistics
Total Valuation
EBC has a market cap or net worth of $2.28 billion. The enterprise value is $1.64 billion.
| Market Cap | 2.28B |
| Enterprise Value | 1.64B |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Feb 29, 2024 |
Share Statistics
EBC has 176.43 million shares outstanding. The number of shares has decreased by -0.14% in one year.
| Shares Outstanding | 176.43M |
| Shares Change (YoY) | -0.14% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 1.17% |
| Owned by Institutions (%) | 72.46% |
| Float | 145.77M |
Valuation Ratios
The trailing PE ratio is 9.05 and the forward PE ratio is 10.86.
| PE Ratio | 9.05 |
| Forward PE | 10.86 |
| PS Ratio | 7.80 |
| Forward PS | 3.35 |
| PB Ratio | 0.77 |
| P/FCF Ratio | 9.00 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.51, with an EV/FCF ratio of 6.46.
| EV / Earnings | 7.06 |
| EV / Sales | 5.60 |
| EV / EBITDA | 8.51 |
| EV / EBIT | 9.70 |
| EV / FCF | 6.46 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.25 |
| Debt / FCF | 0.19 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.80% and return on invested capital (ROIC) is -5.73%.
| Return on Equity (ROE) | 8.80% |
| Return on Assets (ROA) | 1.10% |
| Return on Capital (ROIC) | -5.73% |
| Revenue Per Employee | $167,778 |
| Profits Per Employee | $133,129 |
| Employee Count | 1,744 |
| Asset Turnover | 0.01 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -63.31M |
| Effective Tax Rate | -37.49% |
Stock Price Statistics
The stock price has increased by +16.05% in the last 52 weeks. The beta is 0.85, so EBC's price volatility has been lower than the market average.
| Beta (1Y) | 0.85 |
| 52-Week Price Change | +16.05% |
| 50-Day Moving Average | 13.12 |
| 200-Day Moving Average | 13.17 |
| Relative Strength Index (RSI) | 49.31 |
| Average Volume (30 Days) | 1,043,154 |
Short Selling Information
The latest short interest is 4.75 million, so 2.69% of the outstanding shares have been sold short.
| Short Interest | 4.75M |
| Short Previous Month | 4.84M |
| Short % of Shares Out | 2.69% |
| Short % of Float | 3.26% |
| Short Ratio (days to cover) | 3.98 |
Income Statement
In the last 12 months, EBC had revenue of $292.60 million and earned $232.18 million in profits. Earnings per share was $1.43.
| Revenue | 292.60M |
| Gross Profit | 292.60M |
| Operating Income | -126.00M |
| Pretax Income | 168.87M |
| Net Income | 232.18M |
| EBITDA | 192.51M |
| EBIT | 168.87M |
| Earnings Per Share (EPS) | $1.43 |
Balance Sheet
The company has $693.08 million in cash and $48.22 million in debt, giving a net cash position of $644.86 million or $3.66 per share.
| Cash & Cash Equivalents | 693.08M |
| Total Debt | 48.22M |
| Net Cash | 644.86M |
| Net Cash Per Share | $3.66 |
| Equity / Book Value | 2.97B |
| Book Value Per Share | 16.86 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $261.69 million and capital expenditures -$8.14 million, giving a free cash flow of $253.55 million.
| Operating Cash Flow | 261.69M |
| Capital Expenditures | -8.14M |
| Free Cash Flow | 253.55M |
| FCF Per Share | $1.44 |
Margins
Gross margin is 100.00%, with operating and profit margins of -43.06% and 79.35%.
| Gross Margin | 100.00% |
| Operating Margin | -43.06% |
| Pretax Margin | 57.71% |
| Profit Margin | 79.35% |
| EBITDA Margin | 65.79% |
| EBIT Margin | 57.71% |
| FCF Margin | 86.65% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 3.40%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 3.40% |
| Dividend Growth (YoY) | 5.00% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 30.77% |
| Buyback Yield | 0.14% |
| Shareholder Yield | 3.54% |
| Earnings Yield | 10.17% |
| FCF Yield | 11.11% |
Analyst Forecast
The average price target for EBC is $15.00, which is 15.92% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.00 |
| Price Target Difference | 15.92% |
| 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 | 5 |