Eastern Bankshares, Inc.

EBC Financial Banks Regional

Eastern Bankshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, down 1.16% from fiscal 2024. In the quarter to June 2026, revenue grew 26.5%, EPS fell 4.00%, free cash flow grew 25.5% and total debt rose 1,259.9%, each against the same quarter a year earlier. Dividend growth for five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

21.31 0.17 +0.80%
Market cap
$4.8B
P/E
12.1×
Fwd P/E
11.3×
Dividend yield
2.63%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
— — — 6 7 7 7 4
P/E ratio
24.80 24.80 233.00 22.41 14.33 9.90 25.75 46.08
P/S ratio
3.84 3.84 4.74 6.52 4.17 4.08 2.92 3.54
P/FCF ratio
37.46 37.46 43.31 18.21 11.92 9.00 10.95 9.07
P/Operating CF
184.29 184.29 50.46 73.29 827.55 43.25 35.22 35.98
P/B ratio
1.32 1.32 0.82 1.02 1.15 0.77 0.87 0.86
Price to Tangible BV
1.70 1.70 0.92 1.26 1.49 0.95 1.22 1.23
EV/Sales
(0.07) (0.07) 1.29 4.23 4.96 2.88 1.99 3.43
EV/EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Operating CF
(0.67) (0.67) 10.92 12.93 14.70 6.14 7.52 8.39
EV/FCF
(0.73) (0.73) 11.79 11.82 14.16 6.34 7.48 8.78
Quick Ratio
— 0.04 0.17 0.06 0.01 0.04 0.05 0.01
Current Ratio
— 0.95 0.96 0.68 0.72 0.82 0.87 0.91
Net Debt/EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt/Assets
0.00% 0.16% 0.09% 0.06% 3.11% 0.08% 0.07% 0.65%
Debt/Equity
0.00 0.01 0.00 0.00 0.28 0.01 0.00 0.05
Asset Turnover
0.05 0.11 0.04 0.03 0.03 0.03 0.05 0.04
Operating CF/Net income
1.67 1.45 3.07 1.13 1.15 1.13 2.37 4.90
Capex/Depreciation
(0.39) (0.32) (0.29) 1.40 0.22 (0.27) 0.04 (0.35)
ROE
8.09% 8.91% 0.90% 4.53% 6.80% 8.53% 3.63% 2.22%
ROA
1.06% 2.32% 0.16% 0.78% 0.87% 1.06% 0.51% 0.31%
ROIC
281.45% 8.69% 1.62% 5.03% 4.95% (3.42%) 3.71% 1.47%
Return on Tangible Assets
185.95% (31.25%) (4.97%) (2.51%) (3.76%) (7.63%) (4.43%) (3.91%)
Average Days of Receivables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
68.67% 66.23% 91.41% 65.91% 59.45% 78.19% 52.41% 55.65%
Intangible Assets out of Total Assets
0.00 0.03 0.02 0.03 0.03 0.03 0.04 0.04
Share Based Compensation of Revenue
0.00% 0.00% 0.40% 1.77% 3.00% 4.15% 2.49% 2.39%
Graham Net Nets
(0.71) (0.71) (0.32) (1.93) (2.31) (1.61) (1.08) (0.84)
Graham Number
0.00 0.00 5.61 20.01 20.08 24.20 17.34 13.87
Earnings Yield
4.03% 4.03% 0.43% 4.46% 6.98% 10.10% 3.88% 2.17%
Free Cash Flow Yield
2.67% 2.67% 2.31% 5.49% 8.39% 11.11% 9.13% 11.03%
Revenue per Share
2.84 2.99 3.44 3.09 4.12 3.44 5.91 5.21
Operating CF per Share
0.98 0.93 0.41 1.01 1.39 1.61 1.57 2.13
Capex per Share
(0.04) (0.03) (0.03) 0.09 0.05 (0.05) 0.01 (0.10)
Free Cash Flow per Share
0.93 0.90 0.38 1.11 1.44 1.56 1.58 2.03
Cash per Share
0.00 1.73 11.96 7.15 1.02 4.27 5.56 1.56
Shareholders Equity per Share
0.00 7.62 19.95 19.78 14.93 18.33 19.94 21.36
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
0.00 7.62 19.95 19.78 14.93 18.33 19.94 21.36
Free Cash Flow
195.98 189.04 64.71 190.74 238.63 253.55 285.41 412.99
Working Capital
— (489.70) (506.61) (6,238.03) (5,379.99) (3,102.65) (2,762.69) (2,377.89)
Capital Expenditures
(9.03) (7.19) (5.14) 16.25 8.69 (8.14) 1.58 (19.43)
Net Current Asset Value
0.00 (765.85) (886.97) (6,715.50) (6,580.70) (3,664.85) (3,389.26) (3,153.44)
EV/EBIT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex to Sales
0.02 0.01 0.01 (0.03) (0.01) 0.01 0.00 0.02
Price to Operating Income
17.76 17.76 78.06 19.73 11.94 0.00 20.06 37.63
Other line items
Depreciation/Fixed assets
0.35 0.39 0.36 0.14 0.64 0.50 0.64 0.47
Cash ROIC
559.93% 9.53% 1.18% 4.10% 7.13% 6.88% 6.16% 8.50%
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.01
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
0.00 103,287.37 367,380.95 1,343,648.38 186,539.21 26,102.91 22,943.01 27,698.05
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Payables
— 10,853.59 10,853.59 15,892.05 19,301.34 18,285.29 19,457.78 23,395.05
Average Assets
11,531.50 5,814.39 13,796.49 19,738.16 23,079.50 21,890.07 23,345.58 28,072.37
Average Common Equity
1,516.50 1,516.58 2,514.10 3,417.20 2,939.07 2,723.32 3,293.41 3,976.26

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