For the quarter ended March 2025, Eastern Bankshares, Inc. (EBC) reported revenue of $222.4 million, up 41.1% over the same period last year. EPS came in at $0.34, compared to $0.23 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $228.01 million, representing a surprise of -2.46%. The company delivered an EPS surprise of +3.03%, with the consensus EPS estimate being $0.33.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Eastern Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.4% versus the four-analyst average estimate of 3.3%.
- Average Balance - Total interest-earning assets: $23.24 billion compared to the $23.97 billion average estimate based on three analysts.
- Efficiency ratio (Gaap): -275.6% versus 58.6% estimated by three analysts on average.
- Total non-performing assets: $91.60 million versus $154.96 million estimated by two analysts on average.
- Total non-performing loans: $91.60 million versus the two-analyst average estimate of $154.96 million.
- Net Interest Income: $188.90 million versus the four-analyst average estimate of $193.81 million.
- Interest rate swap income (losses): $0.50 million compared to the $0.86 million average estimate based on three analysts.
- Debit card processing fees: $3.90 million versus the three-analyst average estimate of $3.64 million.
- Trust and investment advisory fees: $16.40 million compared to the $15.59 million average estimate based on three analysts.
- Service charges on deposit accounts: $8.30 million versus the three-analyst average estimate of $8.29 million.
- Total Noninterest Income: $33.50 million versus $34.31 million estimated by three analysts on average.
- Other: $5.80 million versus $5.71 million estimated by three analysts on average.
View all Key Company Metrics for Eastern Bankshares here>>>
Shares of Eastern Bankshares have returned -7.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Eastern Bankshares, Inc. (EBC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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