Eastern BanksharesFRA:EB0 +1.57%68 Return-on-Tangible-Asset is 0.90% as of Mar. 2026, which is 6% above its 10-year median of 0.85. GuruFocus rates FRA:EB0 with a GF Score™ of 68/100 and a GF Value™ of €25.14 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,529 Banks companies, Eastern Bankshares ranks better than 73.77% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Eastern Bankshares's annualizedNet Income for the quarter that ended in Mar. 2026 was €225.8 Mil. Eastern Bankshares's average total tangible assets for the quarter that ended in Mar. 2026 was €25,196.1 Mil. Therefore, Eastern Bankshares's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.90%.
The historical rank and industry rank for Eastern Bankshares's Return-on-Tangible-Asset or its related term are showing as below:
FRA:EB0'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.85 Max: 1.41
Current: 1.41
During the past 8 years, Eastern Bankshares's highest Return-on-Tangible-Asset was 1.41%. The lowest was 0.17%. And the median was 0.85%.
FRA:EB0's Return-on-Tangible-Asset is ranked better than 73.77% of 1529
companies
in the Banks industry
Industry Median: 0.99
vs FRA:EB0: 1.41
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Eastern Bankshares Return-on-Tangible-Asset Related Terms
Eastern Bankshares Return-on-Tangible-Asset Historical Data
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The historical data trend for Eastern Bankshares's Return-on-Tangible-Asset 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.
FRA:EB0 vs SFBS, IBOC, FULT: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Eastern Bankshares's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Eastern Bankshares's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eastern Bankshares's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.90% mean?
Eastern Bankshares (FRA:EB0) has a Return-on-Tangible-Asset of 0.90% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Eastern Bankshares and its competitors. This is near median its historical median of 0.85. Over the past decade, Eastern Bankshares' Return-on-Tangible-Asset has ranged from 0.17 to 1.41. According to the industry distribution chart, Eastern Bankshares ranks #401 out of 1529 companies in the Banks industry, placing it in the top 26.2%.
Is Eastern Bankshares' Return-on-Tangible-Asset too high?
Eastern Bankshares' current Return-on-Tangible-Asset of 0.90% is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.41. The Banks industry median Return-on-Tangible-Asset is 0.99. Eastern Bankshares' value of 0.90% is 9.1% below this industry median. Based on the distribution chart, Eastern Bankshares ranks #401 out of 1529 companies in the Banks industry, which is above the industry midpoint. Overall, Eastern Bankshares has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Bankshares' Return-on-Tangible-Asset compare to SFBS and IBOC?
According to the Banks industry distribution chart, Eastern Bankshares ranks #401 out of 1529 companies for Return-on-Tangible-Asset. This puts Eastern Bankshares in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Eastern Bankshares' value of 0.90% is 9.1% below this benchmark. Historically, Eastern Bankshares' own Return-on-Tangible-Asset has ranged from 0.17 to 1.41 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.99, Eastern Bankshares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,529 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eastern Bankshares's current Return-on-Tangible-Asset of 0.90% is 9.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Eastern Bankshares and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Bankshares's current Return-on-Tangible-Asset is 0.90%, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Eastern Bankshares (FRA:EB0) is currently considered Modestly Undervalued. The stock's GF Value™ is €25.14, compared to a current price of €19.40 — trading 22.8% below its estimated fair value. The current Return-on-Tangible-Asset is 0.90%, which is near median its 10-year median of 0.85 and 9.1% below the Banks industry median of 0.99. Eastern Bankshares' overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Eastern Bankshares (FRA:EB0), the current Return-on-Tangible-Asset is 0.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eastern Bankshares (FRA:EB0) Overvalued in 2026?
Based on GuruFocus' analysis, Eastern Bankshares stock appears to be undervalued.
The current stock price of €19.40 is trading 22.8% below its estimated GF Value™ of €25.14.
GuruFocus considers Eastern Bankshares to be Modestly Undervalued.
Key valuation signals for FRA:EB0:
Return-on-Tangible-Asset: 0.90% (near median its 10-year median of 0.85)
GF Value™: €25.14 vs. price of €19.40 (22.8% below fair value)
Industry Position: 9.1% below the Banks median (#401 of 1529)
No single metric tells the full story. See the FRA:EB0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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