EBCEastern Bankshares Inc.
EBC
Eastern Bankshares Inc.143
Mkt Cap
$4.78BVolume
3.13M52W High
$20.8952W Low
$13.51PE Ratio
81.01EBC Fundamentals
Price
$20.05Prev Close
$20.36Open
$20.7650D MA
$18.86Beta
1.20Avg. Volume
2.06MEPS (Annual)
$0.6563P/B
1.11Rev/Employee
$534,380.88Poll
Earnings Recap
• Reported GAAP EPS of $0.46 up 53.33% YoY • Reported revenue of $283.64M up 30.99% YoY
Bullish
Eastern Bankshares Inc. achieved strong loan and deposit growth, with net interest income rising to $237.4 million and NIM expanding to 3.61%. The company also returned capital via repurchases and grew wealth assets to $10.1 billion.
Bearish
Eastern Bankshares Inc. experienced a rise in non-performing loans to $172.3 million and increased noninterest expense to $189.4 million, impacting its efficiency ratio. GAAP net income also decreased linked quarter.