Eastern Bankshares, Inc.

DB:EB0 Stock Report

Market Cap: €3.3b

Eastern Bankshares Past Earnings Performance

Past criteria checks 2/6

Eastern Bankshares's earnings have been declining at an average annual rate of -8.9%, while the Banks industry saw earnings growing at 18% annually. Revenues have been declining at an average rate of 4.1% per year. Eastern Bankshares's return on equity is 2.5%, and it has net margins of 14.8%.

Key information

-8.9%

Earnings growth rate

-4.2%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate-4.1%
Return on equity2.5%
Net Margin14.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Eastern Bankshares makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:EB0 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24609904280
30 Jun 246021603760
31 Mar 246141783700
31 Dec 23293-633640
30 Sep 23299-533600
30 Jun 23315-643560
31 Mar 23280-673340
31 Dec 226271873490
30 Sep 226411813590
30 Jun 226231653620
31 Mar 226521593960
31 Dec 215371463410
30 Sep 21606763810
30 Jun 21597673830
31 Mar 21581623720
31 Dec 20530233660
30 Sep 20527983630
30 Jun 205351053600
31 Mar 205451113560
31 Dec 195871353600
31 Dec 185561233460

Quality Earnings: EB0 has high quality earnings.

Growing Profit Margin: EB0 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: EB0's earnings have declined by 8.9% per year over the past 5 years.

Accelerating Growth: EB0 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EB0 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (12.6%).

Return on Equity

High ROE: EB0's Return on Equity (2.5%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 18:02
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Eastern Bankshares, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob CivielloJanney Montgomery Scott LLC
Steven AlexopoulosJ.P. Morgan
Damon DelMonteKeefe, Bruyette, & Woods