Eastern Bankshares (FRA:EB0) 3-Year Book Growth Rate : -2.80% (As of Mar. 2024)

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What is Eastern Bankshares 3-Year Book Growth Rate?

Eastern Bankshares's Book Value per Share for the quarter that ended in Mar. 2024 was €15.38.

During the past 12 months, Eastern Bankshares's average Book Value per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -2.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 19.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 6 years, the highest 3-Year average Book Value per Share Growth Rate of Eastern Bankshares was 38.90% per year. The lowest was -2.80% per year. And the median was 22.60% per year.

Competitive Comparison of Eastern Bankshares's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Eastern Bankshares's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Bankshares's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Eastern Bankshares's 3-Year Book Growth Rate falls into.

Eastern Bankshares 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Eastern Bankshares (FRA:EB0) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Eastern Bankshares 3-Year Book Growth Rate Related Terms

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Eastern Bankshares (FRA:EB0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eastern Bankshares Inc (FRA:EB0) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

EBC:USA

Address

265 Franklin Street, Boston, MA, USA, 02110

Website

https://www.easternbank.com

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.

Eastern Bankshares (FRA:EB0) Headlines

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