Financial Snapshot

Revenue
$79.42M
TTM
Gross Margin
Net Earnings
$377.3M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$25.51B
Q3 2024
Total Liabilities
$21.84B
Q3 2024
Book Value
$3.671B
Q3 2024
Cash
Q3 2024
P/E
10.35
Nov 29, 2024 EST
Free Cash Flow
$235.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $76.87M $176.6M $435.2M $413.3M $445.0M $415.2M
YoY Change -56.47% -59.42% 5.28% -7.12% 7.19%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $76.87M $176.6M $435.2M $413.3M $445.0M $415.2M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.30M $14.96M $14.48M $15.83M $19.48M $20.07M
YoY Change -17.8% 3.3% -8.52% -18.76% -2.92%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $246.1M $37.13M $5.332M $12.08M $33.75M $25.12M
YoY Change 562.73% 596.31% -55.85% -64.22% 34.36%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$126.0M $256.7M $188.7M $35.90M $174.6M $157.6M
YoY Change -149.09% 36.02% 425.65% -79.44% 10.77%
Income Tax -$63.31M $56.93M $34.05M $13.16M $39.48M $34.88M
% Of Pretax Income 22.18% 18.04% 36.66% 22.61% 22.13%
Net Earnings $232.2M $199.8M $154.7M $22.74M $135.1M $122.7M
YoY Change 16.23% 29.16% 580.2% -83.17% 10.08%
Net Earnings / Revenue 302.05% 113.12% 35.54% 5.5% 30.36% 29.56%
Basic Earnings Per Share $1.43 $1.21 $0.90 $0.13 $0.00 $0.00
Diluted Earnings Per Share $1.43 $1.206M $0.90 $0.13 $0.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $60.13M $62.66M $165.0M $131.0M $57.00M $66.00M
YoY Change -4.03% -62.03% 25.95% 129.82% -13.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $266.2M $331.6M $77.00M $13.00M $28.00M $38.00M
YoY Change -19.74% 330.71% 492.31% -53.57% -26.32%
Total Long-Term Assets
YoY Change
Total Assets $21.13B $22.65B $23.51B $15.96B $11.63B $11.38B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $55.62M $61.21M $89.00M $85.00M
YoY Change -9.14% -31.23% 4.71%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $55.62M $61.21M $89.00M $85.00M
YoY Change -9.14% -31.23% 4.71%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $522.5M $474.3M $354.0M $267.0M $242.0M $225.0M
YoY Change 10.16% 33.99% 32.58% 10.33% 7.56%
Total Long-Term Liabilities $522.5M $474.3M $354.0M $267.0M $242.0M $225.0M
YoY Change 10.16% 33.99% 32.58% 10.33% 7.56%
Total Liabilities $18.16B $20.18B $20.11B $12.54B $10.03B $9.945B
YoY Change -10.0% 0.34% 60.39% 25.0% 0.84%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 162.3M shares 165.5M shares 172.2M shares 171.8M shares 0.000 shares 0.000 shares
Diluted Shares Outstanding 162.4M shares 165.6M shares 172.3M shares 171.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.9047 Billion

About Eastern Bankshares, Inc.

Eastern Bankshares, Inc. operates as a holding company, which engages in the provision of financial and banking services. The company is headquartered in Boston, Massachusetts and currently employs 1,562 full-time employees. The company went IPO on 2020-10-15. The Bank is a Boston-based local bank and the bank-owned independent investment advisor in Massachusetts with approximately 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticut. Through the Bank, it provides a variety of banking and trust and investment services. Its banking business offers a range of commercial, retail, wealth management and banking services, and consists primarily of attracting deposits from the general public, including municipalities, and investing those deposits, together with borrowings and funds generated from operations, to originate loans in a variety of sectors and to invest in securities. The firm provides a full range of banking and wealth management solutions for consumers and businesses of all sizes, including through its Cambridge Trust Wealth Management and Private Banking divisions.

Industry: Savings Institution, Federally Chartered Peers: COMMUNITY FINANCIAL SYSTEM, INC. CVB FINANCIAL CORP FNB CORP/PA/ HANCOCK WHITNEY CORP INDEPENDENT BANK CORP Investors Bancorp, Inc. PNC FINANCIAL SERVICES GROUP, INC. UMB FINANCIAL CORP UMPQUA HOLDINGS CORP UNITED COMMUNITY BANKS INC