Eastern Bankshares Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Bankshares has total assets of $25.5B and total equity of $3.7B. Total deposits are $21.2B, and total loans are $17.5B. It earns a Net Interest Margin of 2.7%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $941.1M.
Key information
6.9x
Asset to equity ratio
2.7%
Net interest margin
| Total deposits | US$21.22b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$941.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: EB0's Assets to Equity ratio (6.9x) is low.
Allowance for Bad Loans: EB0 has a sufficient allowance for bad loans (204%).
Low Risk Liabilities: 97% of EB0's liabilities are made up of primarily low risk sources of funding.
Loan Level: EB0 has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: EB0's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: EB0 has an appropriate level of bad loans (0.7%).