Eastern Bankshares, Inc.

Eastern Bankshares, Inc.verified

EBC

Price:

$13.69

Market Cap:

$2.42B

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and time certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, small business loans, residential real estate loans, home equity, and lines of credit, as well as other consumer loans comprising unsecured personal ...[Read more]

Industry

Banks - Regional

IPO Date

2020-10-15

Stock Exchange

NASDAQ

Ticker

EBC

The Current Ratio as of July 2024 (TTM) for Eastern Bankshares, Inc. (EBC) is 0.07

According to Eastern Bankshares, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -92.75% compared to the average of 0.96 of the last 4 quarters.

Eastern Bankshares, Inc. (EBC) Historical Current Ratio (quarterly & annually)

How has EBC Current Ratio performed in the past?

The mean historical Current Ratio of Eastern Bankshares, Inc. over the last ten years is 195.42. The current 0.07 Current Ratio has changed -96.44% with respect to the historical average. Over the past ten years (40 quarters), EBC's Current Ratio was at its highest in in the December 2020 quarter at 787.49. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

195.42

Median

59.67

Minimum

0

Maximum

694.94

Eastern Bankshares, Inc. (EBC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Eastern Bankshares, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 694.94

Minimum Annual Increase = -99.57%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.09-99.57%
202220.69-97.02%
2021694.9494.02%
2020358.17263.07%
201998.65Infinity%

Eastern Bankshares, Inc. (EBC) Average Current Ratio

How has EBC Current Ratio performed in the past?

The current Current Ratio of Eastern Bankshares, Inc. (EBC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

238.57

5-year avg

234.51

10-year avg

195.42

Eastern Bankshares, Inc. (EBC) Current Ratio vs. Peers

How is EBC’s Current Ratio compared to its peers?

Eastern Bankshares, Inc.’s Current Ratio is greater than Western New England Bancorp, Inc. (0.04), less than Northeast Community Bancorp, Inc. (0.42), greater than Independent Bank Corp. (0.03), less than The First Bancshares, Inc. (0.19), greater than Brookline Bancorp, Inc. (0.07), less than Heritage Commerce Corp (0.17), greater than Cambridge Bancorp (0.02), less than HarborOne Bancorp, Inc. (0.12), less than Sound Financial Bancorp, Inc. (0.18), greater than Investar Holding Corporation (0.05), less than FVCBankcorp, Inc. (0.24), less than South Plains Financial, Inc. (0.40), greater than Rhinebeck Bancorp, Inc. (0.04), less than Finward Bancorp (0.08), greater than Community West Bancshares (0.03), less than First Community Corporation (0.11), less than First Capital, Inc. (0.20), greater than National Bank Holdings Corporation (0.04), less than Community Bank System, Inc. (0.10), less than Blue Ridge Bankshares, Inc. (0.10), greater than Lakeland Bancorp, Inc. (0.03),

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