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

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