Eastern Historical Income Statement
| EBC Stock | USD 17.89 0.22 1.25% |
Historical analysis of Eastern Bankshares income statement accounts such as Net Income Applicable To Common Shares of 241.2 M or Tax Provision of 18.6 M can show how well Eastern Bankshares performed in making a profits. Evaluating Eastern Bankshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eastern Bankshares's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Eastern Bankshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eastern Bankshares is a good buy for the upcoming year.
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About Eastern Income Statement Analysis
Eastern Bankshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Eastern Bankshares shareholders. The income statement also shows Eastern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Eastern Bankshares Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eastern Bankshares. It is also known as Eastern Bankshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Revenue
Total revenue comprises all receipts Eastern Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Eastern Bankshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eastern Bankshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.At present, Eastern Bankshares' Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 346.3 M, whereas Other Operating Expenses is forecasted to decline to about 6.5 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Income | 605.2M | 767.8M | 946.8M | 633.0M | Net Interest Income | 568.1M | 567.1M | 607.6M | 530.4M |
Eastern Bankshares income statement Correlations
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Eastern Bankshares Account Relationship Matchups
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Eastern Bankshares income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 12.1M | 5.3M | 37.1M | 246.1M | 339.2M | 356.1M | |
| Other Operating Expenses | 537.0M | 427.8M | 9.5M | 7.6M | 6.8M | 6.5M | |
| Net Income Applicable To Common Shares | 135.1M | 22.7M | 154.7M | 199.8M | 229.7M | 241.2M | |
| Income Tax Expense | 13.2M | 34.0M | 56.9M | (63.3M) | (57.0M) | (54.1M) | |
| Tax Provision | 13.2M | 34.0M | 56.9M | (52.4M) | 36.2M | 18.6M | |
| Net Interest Income | 401.3M | 429.8M | 568.1M | 567.1M | 607.6M | 530.4M | |
| Interest Income | 413.3M | 435.2M | 605.2M | 767.8M | 946.8M | 633.0M | |
| Depreciation And Amortization | 15.9M | 14.5M | 14.4M | 1.8M | 1.6M | 1.5M | |
| Selling General Administrative | 310.8M | 351.0M | 304.4M | 330.0M | 324.0M | 346.3M | |
| Selling And Marketing Expenses | 8.9M | 8.7M | 9.5M | 7.6M | 6.8M | 7.4M | |
| Total Revenue | 572.9M | 616.5M | 737.8M | 796.5M | 731.5M | 725.3M | |
| Gross Profit | 572.9M | 616.5M | 737.8M | 796.5M | 915.9M | 712.1M | |
| Operating Income | 35.9M | 188.7M | 317.9M | (62.7M) | 119.6M | 109.3M | |
| Net Income From Continuing Ops | 22.7M | 154.7M | 199.8M | (40.0M) | 119.6M | 81.7M | |
| Ebit | 48.0M | 197.1M | 247.3M | (62.7M) | (56.4M) | (53.6M) | |
| Ebitda | 63.8M | 211.6M | 261.6M | (62.7M) | 119.6M | 113.2M | |
| Total Operating Expenses | (537.0M) | (427.8M) | 9.5M | 7.6M | 8.7M | 9.2M | |
| Reconciled Depreciation | 27.9M | 2.5M | 3.9M | 27.6M | 38.4M | 22.0M | |
| Income Before Tax | 35.9M | 188.7M | 256.7M | (126.0M) | 119.6M | 92.2M | |
| Total Other Income Expense Net | (66.2M) | (7.3M) | (40.1M) | (63.3M) | (57.0M) | (54.1M) | |
| Net Income | 22.7M | 154.7M | 199.8M | 294.9M | 119.6M | 164.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Eastern Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastern Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastern Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastern Bankshares Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern Bankshares. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Dividend Share 0.45 | Earnings Share 0.66 | Revenue Per Share | Quarterly Revenue Growth 0.354 |
The market value of Eastern Bankshares is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Eastern Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern Bankshares' market value can be influenced by many factors that don't directly affect Eastern Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.