Eastern Bankshares Inc. (EBC)
Eastern Bankshares Statistics
Share Statistics
Eastern Bankshares has 213.5M shares outstanding. The number of shares has increased by 20.59% in one year.
| Shares Outstanding | 213.5M |
| Shares Change (YoY) | 20.59% |
| Shares Change (QoQ) | -0.78% |
| Owned by Institutions (%) | 73% |
| Shares Floating | 193.96M |
| Failed to Deliver (FTD) Shares | 5.22K |
| FTD / Avg. Volume | 0.39% |
Short Selling Information
The latest short interest is 4.75M, so 2.4% of the outstanding shares have been sold short.
| Short Interest | 4.75M |
| Short % of Shares Out | 2.4% |
| Short % of Float | 2.42% |
| Short Ratio (days to cover) | 3.27 |
Valuation Ratios
The PE ratio is 26.13 and the forward PE ratio is 8.68. Eastern Bankshares's PEG ratio is -0.49.
| PE Ratio | 26.13 |
| Forward PE | 8.68 |
| PS Ratio | 4.27 |
| Forward PS | 3.4 |
| PB Ratio | 0.87 |
| P/FCF Ratio | 11.56 |
| PEG Ratio | -0.49 |
Enterprise Valuation
Eastern Bankshares has an Enterprise Value (EV) of 2.21B.
| EV / Sales | 3.02 |
| EV / EBITDA | 0 |
| EV / EBIT | 106.37 |
| EV / FCF | 8.18 |
Financial Position
The company has a current ratio of 400.35, with a Debt / Equity ratio of 0.03.
| Current Ratio | 400.35 |
| Quick Ratio | 400.35 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | - |
| Debt / FCF | 0.35 |
| Interest Coverage | 0.35 |
Financial Efficiency
Return on Equity is 3.31% and Return on Invested Capital is 4.32%.
| Return on Equity | 3.31% |
| Return on Assets | 0.47% |
| Return on Invested Capital | 4.32% |
| Revenue Per Employee | $366.12K |
| Profits Per Employee | $59.84K |
| Employee Count | 1,998 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 36.2M |
| Effective Tax Rate | 23.24% |
Stock Price Statistics
The stock price has increased by 11.56% in the last 52 weeks. The beta is 0.96, so Eastern Bankshares's price volatility has been higher than the market average.
| Beta | 0.96 |
| 52-Week Price Change | 11.56% |
| 50-Day Moving Average | 15.97 |
| 200-Day Moving Average | 16.8 |
| Relative Strength Index (RSI) | 45.09 |
| Average Volume (20 Days) | 1.32M |
Income Statement
In the last 12 months, Eastern Bankshares had revenue of 731.51M and earned 119.56M in profits. Earnings per share was 0.66.
| Revenue | 731.51M |
| Gross Profit | 731.51M |
| Operating Income | 119.56M |
| Net Income | 119.56M |
| EBITDA | 0 |
| EBIT | -38.38M |
| Earnings Per Share (EPS) | 0.66 |
Balance Sheet
The company has 1.01B in cash and 93.9M in debt, giving a net cash position of 912.98M.
| Cash & Cash Equivalents | 1.01B |
| Total Debt | 93.9M |
| Net Cash | 912.98M |
| Retained Earnings | 2.08B |
| Total Assets | 24.99B |
| Working Capital | 368.8M |
Cash Flow
In the last 12 months, operating cash flow was 20.79M and capital expenditures -13.54M, giving a free cash flow of 270.3M.
| Operating Cash Flow | 20.79M |
| Capital Expenditures | -13.54M |
| Free Cash Flow | 270.3M |
| FCF Per Share | 1.49 |
Margins
Gross margin is 100%, with operating and profit margins of 16.34% and 16.34%.
| Gross Margin | 100% |
| Operating Margin | 16.34% |
| Pretax Margin | 21.29% |
| Profit Margin | 16.34% |
| EBITDA Margin | n/a |
| EBIT Margin | 16.34% |
| FCF Margin | 36.95% |
Dividends & Yields
EBC pays an annual dividend of $0.59, which amounts to a dividend yield of 3.21%.
| Dividend Per Share | $0.59 |
| Dividend Yield | 3.21% |
| Dividend Growth (YoY) | 9.09% |
| Payout Ratio | -89.39% |
| Earnings Yield | 3.83% |
| FCF Yield | 8.65% |
Analyst Forecast
The average price target for EBC is $19.25, which is 28.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $19.25 |
| Price Target Difference | 28.7% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Scores
| Altman Z-Score | 0.24 |
| Piotroski F-Score | 3 |