EBC Relative Valuation - Eastern Bankshares Inc - Alpha Spread

Eastern Bankshares Inc
NASDAQ:EBC

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Eastern Bankshares Inc
NASDAQ:EBC
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Price: 17.09 USD 2.09% Market Closed
Market Cap: 3.4B USD
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Relative Value

The Relative Value of one EBC stock under the Base Case scenario is 22.32 USD. Compared to the current market price of 17.09 USD, Eastern Bankshares Inc is Undervalued by 23%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EBC Relative Value
Base Case
22.32 USD
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
11
Median 3Y
6.3
Median 5Y
6.3
Industry
2.3
Forward
5.4
vs History
67
vs Industry
77
Median 3Y
15.6
Median 5Y
20.1
Industry
10.1
Forward
14.9
vs History
46
vs Industry
46
Median 3Y
1.1
Median 5Y
1.1
Industry
0.9
vs History
53
vs Industry
27
Median 3Y
0.2
Median 5Y
0.2
Industry
0.1

Multiples Across Competitors

EBC Competitors Multiples
Eastern Bankshares Inc Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
US
Eastern Bankshares Inc
NASDAQ:EBC
3.4B USD 5.5 7.8 1.2
US
PNC Financial Services Group Inc
NYSE:PNC
74.4B USD 3.5 15.6 1.4
US
Truist Financial Corp
NYSE:TFC
57.4B USD 4 -26.4 0.9
US
M&T Bank Corp
NYSE:MTB
30.1B USD 3.3 13.4 1.1
US
Fifth Third Bancorp
NASDAQ:FITB
29.7B USD 3.5 13.8 1.5
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
28.2B USD 2.8 10.7 1.3
US
Huntington Bancshares Inc
NASDAQ:HBAN
21.7B USD 3 14 1.1
US
Regions Financial Corp
NYSE:RF
21.4B USD 3 12.9 1.2
CN
Bank of Jiangsu Co Ltd
SSE:600919
136.9B CNY 1.7 4.7 0.5
US
Citizens Financial Group Inc
NYSE:CFG
19.1B USD 2.4 15.7 0.8
CN
Bank of Ningbo Co Ltd
SZSE:002142
124.3B CNY 1.8 4.9 0.6

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