-1.58%
5.00%
10.72%
19.67%
32.97%
-12.71%
48.72%
AI Spotlight on EBC
Company Description
Eastern Bankshares, Inc.operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers.It operates in two segments, Banking Business and Insurance Agency Business.
The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and time certificates of deposits, as well as debit and credit cards.It also offers commercial and industrial loans, commercial real estate and construction loans, small business loans, residential real estate loans, home equity, and lines of credit, as well as other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans.In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, retirement planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare.
Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; online, mobile, and telephone banking services; and automated lock box collection and account reconciliation services, as well as various insurance products.As of December 31, 2021, the company operated 105 branch offices in eastern Massachusetts and southern New Hampshire; and 23 non-branch offices in eastern Massachusetts, one office in New Hampshire, and one office in Rhode Island.Eastern Bankshares, Inc.
was founded in 1818 and is headquartered in Boston, Massachusetts.
Market Data
| Last Price | 18.07 |
| Change Percentage | -1.58% |
| Open | 17.89 |
| Previous Close | 18.36 |
| Market Cap ( Millions) | 3879 |
| Volume | 799738 |
| Year High | 19.39 |
| Year Low | 12.22 |
| M A 50 | 17.82 |
| M A 200 | 15.87 |
Financial Ratios
| FCF Yield | 6.29% |
| Dividend Yield | 2.49% |
| ROE | 3.62% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -169.63% |
| Price To Book | 1.01 |
| Price Earnings Ratio | 30.41 |
| Price To FCF | 15.9 |
| Price To sales | 5.83 |
| EV / EBITDA | 69.37 |
News
- Jan -30 - Can Eastern Bankshares (EBC) Run Higher on Rising Earnings Estimates?
- Jan -24 - Eastern Bankshares: Emerging As A Stronger Bank
- Jan -24 - Eastern Bankshares, Inc. (EBC) Q4 2024 Earnings Call Transcript
- Jan -23 - Eastern Bankshares, Inc. (EBC) Tops Q4 Earnings and Revenue Estimates
- Jan -23 - Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share
- Jan -17 - Ahead of Eastern Bankshares (EBC) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Jan -14 - Andrew Hersom Joins Eastern Bank As Senior Vice President, Head Of Investor Relations
- Jan -08 - Eastern Bank Earns Top Score for 11th Consecutive Year in Human Rights Campaign Foundation's 2025 Corporate Equality Index
- Jan -02 - Eastern Bankshares, Inc. Announces Fourth Quarter 2024 Earnings Release Date, Conference Call and Webcast
- Nov -19 - Wolters Kluwer names Eastern Bank the winner of 2024 Community Impact Award
- Oct -28 - New Strong Sell Stocks for October 28th
- Oct -25 - Eastern Bankshares, Inc. (EBC) Q3 2024 Earnings Call Transcript
- Oct -24 - Eastern Bankshares (EBC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Oct -24 - Eastern Bankshares, Inc. (EBC) Q3 Earnings and Revenues Miss Estimates
- Oct -24 - Eastern Bankshares, Inc. Reports Third Quarter 2024 Financial Results
- Oct -23 - Unveiling Eastern Bankshares (EBC) Q3 Outlook: Wall Street Estimates for Key Metrics
- Oct -03 - Eastern Bankshares, Inc. Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast
- Sep -24 - Bolstered By M&A, Eastern Bankshares Still Offers Compelling Long-Term Value
- Jul -31 - Eastern Bank Is Recognized By Disability:IN® as a 2024 Best Place to Work for Disability Inclusion
- Jul -26 - Eastern Bankshares, Inc. (EBC) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Banking
Expected Growth : 7.4 %
What the company do ?
Eastern Bankshares, Inc. is a bank holding company that operates Eastern Bank, a full-service commercial bank offering personal and business banking services.
Why we expect these perspectives ?
Eastern Bankshares, Inc.'s 7.4% growth is driven by strategic acquisitions, expanding commercial lending, and a strong deposit base. The bank's focus on digital transformation, cost savings initiatives, and a favorable interest rate environment also contribute to its growth. Additionally, the bank's diverse revenue streams, including fee income and mortgage banking, support its overall growth momentum.
Eastern Bankshares, Inc. Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | Eastern Bankshares, Inc. offers a range of consumer banking products and services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Commercial Banking | The company provides commercial banking services, including cash management, commercial lending, and trade finance, to businesses of all sizes. |
| Wealth Management | Eastern Bankshares, Inc. offers wealth management services, including investment management, trust services, and financial planning, to individuals, families, and institutions. |
| Insurance | The company offers a range of insurance products, including life insurance, disability insurance, and long-term care insurance, to individuals and businesses. |
Eastern Bankshares, Inc.'s Porter Forces
Threat Of Substitutes
Eastern Bankshares, Inc. operates in a highly competitive industry, with many substitutes available to customers. However, the company's strong brand recognition and customer loyalty help to mitigate the threat of substitutes.
Bargaining Power Of Customers
Eastern Bankshares, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong relationships with its customers help to reduce the threat of customer bargaining power.
Bargaining Power Of Suppliers
Eastern Bankshares, Inc. relies on a few large suppliers for its operations, which gives them some bargaining power. However, the company's strong relationships with its suppliers and its ability to negotiate favorable terms help to mitigate this threat.
Threat Of New Entrants
The banking industry has high barriers to entry, including regulatory hurdles and significant capital requirements. This makes it difficult for new entrants to enter the market, reducing the threat of new entrants to Eastern Bankshares, Inc.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players competing for market share. Eastern Bankshares, Inc. faces intense competition from other banks and financial institutions, which can make it difficult to attract and retain customers.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 1.60% |
| Debt Cost | 8.32% |
| Equity Weight | 98.40% |
| Equity Cost | 8.32% |
| WACC | 8.32% |
| Leverage | 1.62% |
Eastern Bankshares, Inc. : Quality Control
Eastern Bankshares, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| WTFC | Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered … |
| UMBF | UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The Commercial Banking segment provides commercial loans and credit … |
| ABCB | Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, North Carolina, and … |
| SSB | SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, … |
| AUB | Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. The company accepts various deposit products, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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SouthState
A-Score
1-Year Total Return ->
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UMB
A-Score
1-Year Total Return ->
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Wintrust Financial
A-Score
1-Year Total Return ->
4
Ameris
A-Score
1-Year Total Return ->
5
Eastern Bank
A-Score
1-Year Total Return ->
6
