EBC - Eastern Bankshares, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.13
DETAILS
HIGH:
$24.00
LOW:
$22.00
MEDIAN:
$23.25
CONSENSUS:
$23.13
UPSIDE:
16.52%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 1,057.4 | 1,070.7 | 558.7 | 681.9 | 523.5 | 582.5 | 622.7 | 591.9 |
| Cost of Revenue | 361.8 | 406.5 | 266.1 | 55.1 | (4.4) | 50.9 | 40.1 | 40.2 |
| Gross Profit | 695.6 | 664.1 | 292.6 | 626.9 | 527.8 | 531.6 | 582.7 | 551.7 |
| Operating Expenses | ||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 360.3 | 324.0 | 282.5 | 248.6 | 240.3 | 274.4 | 263.7 | 254.6 |
| Other Expenses | 235.8 | 184.3 | 136.1 | 140.0 | 111.5 | 221.3 | 144.4 | 139.4 |
| Operating Expenses | 596.1 | 508.4 | 418.6 | 388.6 | 351.8 | 495.7 | 408.1 | 394.1 |
| Operating Income | ||||||||
| Operating Income | 99.5 | 155.8 | (126.0) | 238.2 | 176.0 | 35.9 | 174.6 | 157.6 |
| Interest Expense | 335.6 | 339.2 | 246.1 | 37.1 | 5.3 | 12.1 | 33.8 | 25.1 |
| Interest Income | 1,164.2 | 946.8 | 796.5 | 605.2 | 435.2 | 413.3 | 445.0 | 415.2 |
| Profitability | ||||||||
| EBITDA | 163.0 | 194.1 | (102.4) | 261.6 | 198.9 | 63.8 | 194.1 | 177.7 |
| EBIT | 99.5 | 155.8 | (126.0) | 238.2 | 176.0 | 35.9 | 174.6 | 157.6 |
| Income Before Tax | 99.5 | 155.8 | (126.0) | 238.2 | 176.0 | 35.9 | 174.6 | 157.6 |
| Income Tax Expense | 11.3 | 36.2 | (63.3) | 51.7 | 30.5 | 13.2 | 39.5 | 34.9 |
| Net Income | 88.2 | 119.6 | 232.2 | 199.8 | 154.7 | 22.7 | 135.1 | 122.7 |
| Per Share Data | ||||||||
| EPS (Basic) | 0.40 | 0.66 | 1.43 | 1.21 | 0.90 | 0.13 | 0.64 | 0.58 |
| EPS (Diluted) | 0.40 | 0.66 | 1.43 | 1.21 | 0.90 | 0.13 | 0.64 | 0.58 |
| Shares Outstanding | 215.2 | 181.1 | 162.3 | 165.5 | 172.2 | 171.8 | 210.1 | 210.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 316.9 | 1,006.9 | 693.1 | 169.5 | 1,231.8 | 2,054.1 | 362.6 | 259.7 |
| Short-Term Investments | 68.4 | 4,021.6 | 4,407.5 | 6,690.8 | 8,511.2 | 3,183.9 | 1,508.2 | 1,455.9 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 645.2 | 5,260.4 | 5,283.7 | 7,025.7 | 9,922.3 | 5,386.6 | 1,932.2 | 1,776.5 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 118.2 | 64.6 | 60.1 | 62.7 | 65.9 | 48.7 | 56.6 | 66.5 |
| Goodwill | 1,117.1 | 915.0 | 557.6 | 557.6 | 631.5 | 369.5 | 369.0 | 369.0 |
| Intangible Assets | 183.8 | 135.2 | 8.6 | 10.4 | 18.2 | 7.1 | 8.7 | 12.2 |
| Long-Term Investments | 27,134.5 | 17,972.6 | 14,250.2 | 14,029.7 | 12,173.6 | 9,595.8 | 8,900.1 | 8,774.9 |
| Other Non-Current Assets | 1,078.1 | 878.0 | 706.9 | 629.0 | 624.1 | 543.3 | 334.0 | 341.5 |
| Total Non-Current Assets | 29,941.7 | 20,297.5 | 15,849.6 | 15,621.2 | 13,589.8 | 10,577.6 | 9,696.6 | 9,601.8 |
| Total Assets | 30,586.9 | 25,557.9 | 21,133.3 | 22,646.9 | 23,512.1 | 15,964.2 | 11,628.8 | 11,378.3 |
| Current Liabilities | ||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 46.5 | 2.5 | 0.1 | 691.3 | 0.0 | 0 | 220.0 | 306.1 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 25,470.8 | 21,291.6 | 17,596.2 | 18,974.4 | 19,628.3 | 12,155.8 | 9,551.4 | 9,399.5 |
| Total Current Liabilities | 25,517.3 | 21,294.1 | 17,596.3 | 19,665.7 | 19,628.3 | 12,155.8 | 9,771.4 | 9,705.6 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 153.1 | 42.8 | 39.6 | 35.1 | 34.3 | 28.0 | 15.3 | 14.9 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.2 |
| Other Non-Current Liabilities | 575.9 | 609.0 | 522.5 | 474.3 | 443.2 | 352.3 | 241.8 | 224.7 |
| Total Non-Current Liabilities | 729.0 | 651.8 | 562.1 | 509.4 | 477.4 | 380.4 | 257.2 | 239.6 |
| Total Liabilities | 26,246.3 | 21,945.9 | 18,158.4 | 20,175.1 | 20,105.8 | 12,536.1 | 10,028.6 | 9,945.1 |
| Stockholders' Equity | ||||||||
| Common Stock | 2.4 | 2.1 | 1.8 | 1.8 | 1.9 | 1.9 | 0 | 0 |
| Retained Earnings | 2,067.3 | 2,084.5 | 2,047.8 | 1,881.8 | 1,768.7 | 1,665.6 | 1,644 | 1,508.9 |
| Accumulated Other Comprehensive Income | (227.4) | (584.3) | (608.4) | (923.2) | (56.7) | 54.2 | (43.8) | (75.8) |
| Total Stockholders' Equity | 4,340.6 | 3,612.0 | 2,974.9 | 2,471.8 | 3,406.4 | 3,428.1 | 1,600.2 | 1,433.1 |
| Total Liabilities & Equity | 30,586.9 | 25,557.9 | 21,133.3 | 22,646.9 | 23,512.1 | 15,964.2 | 11,628.8 | 11,378.3 |
| Debt Metrics | ||||||||
| Total Debt | 199.6 | 45.3 | 39.7 | 726.4 | 34.3 | 28.0 | 235.4 | 320.9 |
| Net Debt | (117.3) | (961.6) | (653.4) | 556.9 | (1,197.5) | (2,026.0) | (127.2) | 61.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 88.2 | 119.6 | (62.7) | 186.5 | 145.5 | 22.7 | 135.1 | 122.7 |
| Depreciation & Amortization | 63.5 | 38.4 | 23.6 | 23.4 | 22.9 | 27.9 | 19.5 | 20.1 |
| Stock-Based Compensation | 25.3 | 26.6 | 23.2 | 20.4 | 9.4 | 2.4 | 0 | 0 |
| Change in Working Capital | 32.6 | (5.8) | 32.3 | (46.4) | 47.3 | (64.8) | 29.6 | 44.8 |
| Other Non-Cash Items | 236.3 | 69.4 | 263.5 | 40.7 | (45.0) | 102.0 | 10.6 | 22.3 |
| Operating Cash Flow | 432.4 | 283.8 | 261.7 | 229.9 | 174.5 | 69.9 | 196.2 | 205.0 |
| Investing Activities | ||||||||
| Capital Expenditure | (19.4) | (13.5) | (8.1) | (8.6) | (5.7) | (5.1) | (7.2) | (9.0) |
| Acquisitions | (1.4) | 24.9 | 0 | 0 | (9.1) | (1.4) | 0 | (10.9) |
| Purchases of Investments | (1,693.4) | (269.1) | (37.7) | (1,254.7) | (3,337.8) | (2,128.5) | (257.1) | (171) |
| Sales/Maturities of Investments | 2,128.7 | 1,483.4 | 2,351.0 | 1,498.1 | 963.8 | 463.3 | 252.1 | 174.1 |
| Other Investing Activities | (778.5) | (166.3) | 95.1 | (1,311.4) | 403.5 | (716.6) | (133.0) | (630.2) |
| Investing Cash Flow | (364.0) | 1,059.4 | 2,400.3 | (1,076.7) | (1,985.7) | (2,390.2) | (145.3) | (647.1) |
| Financing Activities | ||||||||
| Net Debt Issuance | (369.3) | (739.9) | (692.6) | 706.5 | (33.7) | (207.3) | (98.9) | (192.2) |
| Stock Repurchased | (106.6) | (27.7) | 0 | (201.6) | (23.2) | (28.6) | (0.3) | 0 |
| Dividends Paid | (105.7) | (82.5) | (66.7) | (65.9) | (51.6) | 0 | 0 | 0 |
| Other Financing Activities | (181.9) | (179.3) | (1,379.1) | (654.6) | 1,097.5 | 2,454.8 | 151.2 | 582.9 |
| Financing Cash Flow | (758.4) | (1,029.4) | (2,138.4) | (215.6) | 989.0 | 4,011.8 | 51.9 | 390.6 |
| Cash Position | ||||||||
| Net Change in Cash | (690.0) | 313.8 | 523.6 | (1,062.3) | (822.3) | 1,691.5 | 102.9 | (51.4) |
| Cash at Beginning | 1,006.9 | 693.1 | 169.5 | 1,231.8 | 2,054.1 | 362.6 | 259.7 | 311.2 |
| Cash at End | 316.9 | 1,006.9 | 693.1 | 169.5 | 1,231.8 | 2,054.1 | 362.6 | 259.7 |
| Free Cash Flow | 413.0 | 270.3 | 253.6 | 221.3 | 168.8 | 64.7 | 189.0 | 196.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 1,057.4 | 1,070.7 | 558.7 | 681.9 | 523.5 | 582.5 | 622.7 | 591.9 |
| Gross Profit | 695.6 | 664.1 | 292.6 | 626.9 | 527.8 | 531.6 | 582.7 | 551.7 |
| Operating Income | 99.5 | 155.8 | (126.0) | 238.2 | 176.0 | 35.9 | 174.6 | 157.6 |
| Net Income | 88.2 | 119.6 | 232.2 | 199.8 | 154.7 | 22.7 | 135.1 | 122.7 |
| EPS (Diluted) | 0.40 | 0.66 | 1.43 | 1.21 | 0.90 | 0.13 | 0.64 | 0.58 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 316.9 | 1,006.9 | 693.1 | 169.5 | 1,231.8 | 2,054.1 | 362.6 | 259.7 |
| Total Assets | 30,586.9 | 25,557.9 | 21,133.3 | 22,646.9 | 23,512.1 | 15,964.2 | 11,628.8 | 11,378.3 |
| Total Debt | 199.6 | 45.3 | 39.7 | 726.4 | 34.3 | 28.0 | 235.4 | 320.9 |
| Stockholders' Equity | 4,340.6 | 3,612.0 | 2,974.9 | 2,471.8 | 3,406.4 | 3,428.1 | 1,600.2 | 1,433.1 |
| Cash Flow | ||||||||
| Operating Cash Flow | 432.4 | 283.8 | 261.7 | 229.9 | 174.5 | 69.9 | 196.2 | 205.0 |
| Capital Expenditure | (19.4) | (13.5) | (8.1) | (8.6) | (5.7) | (5.1) | (7.2) | (9.0) |
| Free Cash Flow | 413.0 | 270.3 | 253.6 | 221.3 | 168.8 | 64.7 | 189.0 | 196.0 |