Earnings Summary

Eastern Bankshares Inc’s revenue jumped 91.21% since last year same period to $298.98Mn in the Q3 2024. On a quarterly growth basis, Eastern Bankshares Inc has generated 28.61% jump in its revenue since last 3-months.

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.

Eastern Bankshares Inc’s net profit margin jumped 25.62% since last year same period to -2.07% in the Q3 2024. On a quarterly growth basis, Eastern Bankshares Inc has generated -118.27% fall in its net profit margins since last 3-months.

Eastern Bankshares Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 34.66.

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.

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

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) 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.

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.

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