Eastern Bankshares (EBC) Securities (2019 - 2024)
Eastern Bankshares (EBC) posted quarterly Securities of $4.7 billion for Q1 2024, down 8.51% year-over-year from $5.2 billion in Q2 2023, and down 2.59% quarter-over-quarter from $4.9 billion in Q4 2023.
Eastern Bankshares (EBC) Securities (2019 - 2024) Analysis & Trends
Eastern Bankshares (EBC) has reported Securities for 6 consecutive years, with $4.7 billion the latest figure, recorded in Q1 2024.
- In Q1 2024, Securities fell 8.51% year-over-year to $4.7 billion; the TTM figure through Mar 2024 stood at $4.7 billion (down 8.51% YoY), while the FY2023 annual figure was $4.9 billion, down 32.23% from the prior year.
- Securities slipped to $4.7 billion in Q1 2024 per EBC's latest filing, from $4.9 billion in the prior quarter.
- Across five years, Securities topped out at $8.5 billion in Q4 2021 and bottomed at $1.6 billion in Q2 2020.
- Historically, Securities has averaged $5.4 billion across 5 years, with a median of $5.0 billion in 2023.
- Annual changes were most pronounced in 2021 — Securities jumped 167.32% — and 2023, when it slumped 37.88%.
- Eastern Bankshares' Securities stood at $3.2 billion in 2020, then soared by 167.32% to $8.5 billion in 2021, then fell by 15.79% to $7.2 billion in 2022, then plunged by 32.23% to $4.9 billion in 2023, then decreased by 2.59% to $4.7 billion in 2024.
- Business Quant data shows EBC's Securities at $4.7 billion in Q1 2024, $4.9 billion in Q4 2023, and $4.7 billion in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Securities (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Eastern Bankshares | 4.96 Bn | 4.63 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 4.73 Bn |
| Dec 31, 2023 | 4.86 Bn |
| Sep 30, 2023 | 4.72 Bn |
| Jun 30, 2023 | 4.99 Bn |
| Mar 31, 2023 | 5.17 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Sep 30, 2022 | 7.33 Bn |
| Jun 30, 2022 | 8.03 Bn |
| Mar 31, 2022 | 8.31 Bn |
| Dec 31, 2021 | 8.51 Bn |
| Dec 31, 2020 | 3.18 Bn |
| Sep 30, 2020 | 2.21 Bn |
| Jun 30, 2020 | 1.60 Bn |
| Dec 31, 2019 | 1.51 Bn |