Eastern Bankshares EBC
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Eastern Bankshares (EBC) Business Model and Operations Summary
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has one operating segment; Banking business which offers a range of banking lending, savings, and small business offerings, and its wealth management and trust operations.
Key Insights
Eastern Bankshares (EBC) Core Market Data and Business Metrics
Latest Closing Price
$16.42Market Cap
$3.26 BillionPrice-Earnings Ratio
24.88Total Outstanding Shares
212.99 Million SharesTotal Employees
1,998Dividend
$0.12 Per Share QuarterlyIPO Date
October 15, 2020SIC Description
Savings Institution, Federally CharteredPrimary Exchange
NASDAQHeadquarters
125 High Street, Ste 901, Boston, MA, 02110
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $313.80 Million |
| Net Cash Flow From Operating Activities, Continuing | $283.84 Million |
| Net Cash Flow From Operating Activities | $283.84 Million |
| Net Cash Flow From Operating Activities, Discontinued | $0 |
| Net Cash Flow From Investing Activities, Continuing | $1.06 Billion |
| Net Cash Flow From Financing Activities, Discontinued | $0 |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Revenues | $112.62 Million |
| Income/Loss From Continuing Operations Before Tax | $155.77 Million |
| Income/Loss From Discontinued Operations Net Of Tax | $0 |
| Interest And Dividend Income, Operating | $946.77 Million |
| Diluted Average Shares | $182.18 Million |
| Net Income/Loss Attributable To Parent | $119.56 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $143.58 Million |
| Other Comprehensive Income/Loss | $24.02 Million |
| Comprehensive Income/Loss Attributable To Parent | $143.58 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $24.02 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Fixed Assets | $64.55 Million |
| Equity | $3.61 Billion |
| Commitments and Contingencies | $0 |
| Liabilities And Equity | $25.56 Billion |
| Equity Attributable To Parent | $3.61 Billion |
| Other Current Assets | $24.55 Billion |
Historical Dividends
Current dividend: $0.12 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 23, 2025 | Mar 14, 2025 | Mar 3, 2025 | $0.12 | Quarterly |
| Oct 24, 2024 | Dec 16, 2024 | Dec 3, 2024 | $0.12 | Quarterly |
| Jul 25, 2024 | Sep 16, 2024 | Sep 3, 2024 | $0.11 | Quarterly |
| Apr 25, 2024 | Jun 14, 2024 | Jun 3, 2024 | $0.11 | Quarterly |
| Jan 25, 2024 | Mar 15, 2024 | Mar 1, 2024 | $0.11 | Quarterly |
| Oct 26, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.11 | Quarterly |