Eastern Bankshares Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Bankshares has total assets of $21.1B and total equity of $3.0B. Total deposits are $17.6B, and total loans are $13.8B. It earns a Net Interest Margin of 2.7%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $710.6M.
Key information
7.1x
Asset to equity ratio
2.7%
Net interest margin
Total deposits | US$17.60b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.4% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$710.63m |
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 (7.1x) is low.
Allowance for Bad Loans: EB0 has a sufficient allowance for bad loans (283%).
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 (65%).
Low Risk Deposits: EB0's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: EB0 has an appropriate level of bad loans (0.4%).