Eastern Bank Past Earnings Performance
Past criteria checks 3/6
Eastern Bank has been growing earnings at an average annual rate of 10.8%, while the Banks industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 11.3% per year. Eastern Bank's return on equity is 14.9%, and it has net margins of 27.9%.
Key information
10.8%
Earnings growth rate
10.8%
EPS growth rate
| Banks Industry Growth | 8.5% |
| Revenue growth rate | 11.3% |
| Return on equity | 14.9% |
| Net Margin | 27.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Eastern Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 23,274 | 6,492 | 9,324 | 0 |
| 30 Jun 24 | 22,766 | 6,918 | 8,916 | 0 |
| 31 Mar 24 | 20,565 | 6,507 | 8,574 | 0 |
| 31 Dec 23 | 19,367 | 6,122 | 8,237 | 0 |
| 30 Sep 23 | 18,383 | 5,515 | 8,079 | 0 |
| 30 Jun 23 | 17,441 | 5,172 | 7,787 | 0 |
| 31 Mar 23 | 16,962 | 4,997 | 7,509 | 0 |
| 31 Dec 22 | 16,826 | 5,121 | 7,226 | 0 |
| 30 Sep 22 | 17,167 | 4,649 | 7,017 | 0 |
| 30 Jun 22 | 16,720 | 4,730 | 6,741 | 0 |
| 31 Mar 22 | 16,179 | 4,955 | 6,428 | 0 |
| 31 Dec 21 | 15,633 | 4,800 | 6,156 | 0 |
| 30 Sep 21 | 15,266 | 5,239 | 6,046 | 0 |
| 30 Jun 21 | 14,697 | 5,046 | 6,001 | 0 |
| 31 Mar 21 | 13,880 | 4,383 | 5,888 | 0 |
| 31 Dec 20 | 13,932 | 4,180 | 5,926 | 0 |
| 30 Sep 20 | 13,538 | 4,648 | 5,857 | 0 |
| 30 Jun 20 | 13,485 | 3,984 | 5,840 | 0 |
| 31 Mar 20 | 13,933 | 3,965 | 5,911 | 0 |
| 31 Dec 19 | 13,591 | 3,990 | 5,805 | 0 |
| 30 Sep 19 | 12,137 | 3,413 | 5,729 | 0 |
| 30 Jun 19 | 11,806 | 3,443 | 5,667 | 0 |
| 31 Mar 19 | 11,284 | 3,542 | 5,547 | 0 |
| 31 Dec 18 | 11,045 | 3,111 | 5,426 | 0 |
| 30 Sep 18 | 10,835 | 1,959 | 5,460 | 0 |
| 30 Jun 18 | 10,733 | 1,973 | 5,341 | 0 |
| 31 Mar 18 | 10,592 | 1,917 | 5,204 | 0 |
| 31 Dec 17 | 10,277 | 2,428 | 4,979 | 0 |
| 30 Sep 17 | 10,529 | 3,053 | 4,806 | 0 |
| 30 Jun 17 | 9,859 | 2,791 | 4,703 | 0 |
| 31 Mar 17 | 9,818 | 2,794 | 4,560 | 0 |
| 31 Dec 16 | 9,833 | 2,716 | 4,488 | 0 |
| 30 Sep 16 | 9,652 | 2,348 | 4,384 | 0 |
| 30 Jun 16 | 9,933 | 2,671 | 4,357 | 0 |
| 31 Mar 16 | 9,114 | 2,512 | 4,325 | 0 |
| 31 Dec 15 | 8,410 | 2,283 | 4,160 | 0 |
| 30 Sep 15 | 8,559 | 2,921 | 4,093 | 0 |
| 30 Jun 15 | 8,235 | 2,432 | 3,972 | 0 |
| 31 Mar 15 | 8,344 | 2,052 | 3,865 | 0 |
| 31 Dec 14 | 8,561 | 2,138 | 3,765 | 0 |
| 30 Sep 14 | 9,292 | 2,775 | 3,658 | 0 |
| 30 Jun 14 | 8,828 | 2,507 | 3,545 | 0 |
| 31 Mar 14 | 8,902 | 3,105 | 3,320 | 0 |
| 31 Dec 13 | 8,641 | 2,535 | 3,165 | 0 |
Quality Earnings: EBL has high quality earnings.
Growing Profit Margin: EBL's current net profit margins (27.9%) are lower than last year (30%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EBL's earnings have grown by 10.8% per year over the past 5 years.
Accelerating Growth: EBL's earnings growth over the past year (17.7%) exceeds its 5-year average (10.8% per year).
Earnings vs Industry: EBL earnings growth over the past year (17.7%) did not outperform the Banks industry 29.8%.
Return on Equity
High ROE: EBL's Return on Equity (14.9%) is considered low.