Gear Up for Eastern Bankshares (EBC) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Eastern Bankshares, Inc. (EBC) is expected to report a quarterly earnings per share (EPS) of $0.41, reflecting a year-over-year increase of 20.6%, with revenues projected at $282.41 million, up 25.1% from the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised upward by 1.3% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Financial Metrics - The consensus estimate for the Efficiency Ratio (GAAP) is 59.2%, down from 63.5% in the same quarter last year [5]. - Analysts project a Net Interest Margin of 3.5%, compared to 3.1% reported in the same quarter of the previous year [5]. - The Average Balance of Total Interest-Earning Assets is expected to reach $27.39 billion, up from $24.02 billion in the same quarter last year [6]. - Net Interest Income is forecasted to be $235.79 million, significantly higher than the $179.19 million reported a year ago [6]. Noninterest Income and Other Metrics - Total Noninterest Income is anticipated to be $45.92 million, compared to $37.35 million in the same quarter last year [7]. - Service Charges on Deposit Accounts are projected at $12.99 million, up from $8.43 million in the previous year [7]. - Investment Advisory Fees are expected to reach $18.02 million, slightly higher than the $17.96 million reported last year [8]. - Card Income is projected to be $4.82 million, compared to $3.60 million in the same quarter last year [9]. Market Performance - Shares of Eastern Bankshares have returned +3% over the past month, outperforming the Zacks S&P 500 composite's +2% change, with a Zacks Rank of 3 (Hold), indicating expected performance in line with the overall market [9].