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EBC

Eastern Bankshares Inc Earnings

$18.17

Earnings Summary

Revenue
$203.38Mn
Net Profits
$-6.19Mn
Net Profit Margins
-3.04%
PE Ratio
34.11
Highlights
Revenue:

Eastern Bankshares Inc’s revenue jumped 30.07% since last year same period to $203.38Mn in the Q3 2024. On a quarterly growth basis, Eastern Bankshares Inc has generated -12.51% fall in its revenue since last 3-months.

Net Profits:

Eastern Bankshares Inc’s net profit fell -42.22% since last year same period to $-6.19Mn in the Q3 2024. On a quarterly growth basis, Eastern Bankshares Inc has generated -123.5% fall in its net profits since last 3-months.

Net Profit Margins:

Eastern Bankshares Inc’s net profit margin fell -9.34% since last year same period to -3.04% in the Q3 2024. On a quarterly growth basis, Eastern Bankshares Inc has generated -126.86% fall in its net profit margins since last 3-months.

PE Ratio:

Eastern Bankshares Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 34.11.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Eastern Bankshares Inc post its latest quarter earnings
EPS Estimate Current Quarter
0.29
EPS Estimate Current Year
0.29
Highlights
EPS Estimate Current Quarter:

Eastern Bankshares Inc’s earning per share (EPS) estimates for the current quarter stand at 0.29 - a -12.12% fall from last quarter’s estimates.

EPS Estimate Current Year:

Eastern Bankshares Inc’s earning per share (EPS) estimates for the current year stand at 0.29.

Key Ratios

Key ratios of the Eastern Bankshares Inc post its Q3 2024 earnings
Earning Per Share (EPS)
0.25
Return on Assets (ROA)
0
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0.11
Highlights
Earning Per Share (EPS):

Eastern Bankshares Inc’s earning per share (EPS) fell -21.88% since last year same period to 0.25 in the Q3 2024. This indicates that the Eastern Bankshares Inc has generated -21.88% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Eastern Bankshares Inc’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Eastern Bankshares Inc’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Eastern Bankshares Inc declared 0.11 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-11-07
0.33
0.25
-24.24%
2024-05-03
0.2
0.23
15%
2024-08-07
0.22
0.22
0%