Compared to Estimates, Eastern Bankshares (EBC) Q1 Earnings: A Look at Key Metrics

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.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eastern Bankshares, Inc. (EBC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks