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Eastern Bankshares (Eastern Bankshares) Price-to-Free-Cash-Flow : 8.23 (As of Apr. 25, 2024)


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What is Eastern Bankshares Price-to-Free-Cash-Flow?

As of today (2024-04-25), Eastern Bankshares's share price is $12.855. Eastern Bankshares's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.56. Hence, Eastern Bankshares's Price-to-Free-Cash-Flow Ratio for today is 8.23.

The historical rank and industry rank for Eastern Bankshares's Price-to-Free-Cash-Flow or its related term are showing as below:

EBC' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.01   Med: 13.15   Max: 57.93
Current: 8.21

During the past 6 years, Eastern Bankshares's highest Price-to-Free-Cash-Flow Ratio was 57.93. The lowest was 7.01. And the median was 13.15.

EBC's Price-to-Free-Cash-Flow is ranked worse than
64.21% of 989 companies
in the Banks industry
Industry Median: 6.65 vs EBC: 8.21

Eastern Bankshares's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.30. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.56.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Eastern Bankshares was 16.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 60.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 14.40% per year.

During the past 6 years, Eastern Bankshares's highest 3-Year average Free Cash Flow per Share Growth Rate was 60.60% per year. The lowest was 1.70% per year. And the median was 14.10% per year.


Eastern Bankshares Price-to-Free-Cash-Flow Historical Data

The historical data trend for Eastern Bankshares's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastern Bankshares Price-to-Free-Cash-Flow Chart

Eastern Bankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial - 43.26 20.58 12.91 9.10

Eastern Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.91 8.11 8.63 9.88 9.10

Competitive Comparison of Eastern Bankshares's Price-to-Free-Cash-Flow

For the Banks - Regional subindustry, Eastern Bankshares's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastern Bankshares's Price-to-Free-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Bankshares's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Eastern Bankshares's Price-to-Free-Cash-Flow falls into.



Eastern Bankshares Price-to-Free-Cash-Flow Calculation

Eastern Bankshares's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=12.855/1.562
=8.23

Eastern Bankshares's Share Price of today is $12.855.
Eastern Bankshares's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.56.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Eastern Bankshares  (NAS:EBC) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Eastern Bankshares Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Eastern Bankshares's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Bankshares (Eastern Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
265 Franklin Street, Boston, MA, USA, 02110
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 two operating segments; Banking business offers a range of commercial, retail, wealth management, and banking services, and consists of attracting deposits from the general public and investing those deposits, together with borrowings and funds generated from operations and the Insurance agency business segment consist of insurance-related activities, acting as an independent agent in offering commercial, personal and employee benefits insurance products to individual and commercial clients.
Executives
Nancy Huntington Stager officer: Executive VP 42 AUTUMN LANE, READING MA 01867
Quincy Lee Miller officer: President 3 BEECHWOOD LANE, MILTON MA 02186
Linda Marie Williams director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Marisa Harney director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Gregory Paul Buscone officer: EVP Sr Commercial Banking Ofcr 86 PINE STREET, MEDFIELD MA 02052
Deborah C Jackson director C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Luis Borgen director 58 SUNSET RIDGE LANE, BOLTON MA 01740
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
James Burke Fitzgerald officer: Chief Financial Officer 108 MOUNT VERNON STREET, APARTMENT 6, BOSTON MA 02108
Sujata Yadav officer: EVP, Chief Marketing Officer 19 ORCHARD LANE, LYNNFIELD MA 01940
Matthew Adam Osborne officer: EVP Sr Commercial Banking Ofcr 11 RAVEN ROAD, CANTON MA 02021
Martha A Dean officer: EVP, Dir. of Operations C/O CNB FINANCIAL CORP., P.O. BOX 830, WORCESTER MA 01613-0830
Daniel J Sullivan officer: Chief Credit Officer 4 KENSINGTON AVENUE, READING MA 01867
Kathleen Cloherty Henry officer: Executive VP, General Counsel 58 MONTCLAIR AVENUE, WEST ROXBURY MA 02132