EBC
Eastern Bankshares, Inc.
EBC has the edge over GS overall, supported by stronger fundamentals and stronger valuation.
GS
The Goldman Sachs Group, Inc.
GS's outlook is improving, though it still trails on the overall score.
EBC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
EBC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like EBC.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
EBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.7x | $13.54 | -40% |
| Forward | 11x | $22.76 | — |
| Current | 13x | $22.76 | — |
| Fair | 16x | $28.79 | +27% |
| Expensive | 48x | $84.82 | +273% |
Historical ranges are pointers, not guarantees.
EBC's PE is in its fair range at 13x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS has the edge over EBC in the historical PE scenario, which offers more potential upside but is not a forecast.
EBC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
EBC has the edge over GS on the outlook, with more favorable valuation expectations.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
EBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.10 | +19% |
| Q3 2026 | $1.76 | +633% |
| Q2 2026 | $1.78 | +$2.10 |
| Q1 2026 | $1.80 | +$2.46 |
| Q4 2025 | $0.43 | -35% |
| Q3 2025 | $0.24 | -90% |
| Q2 2025 | -$0.32 | -112% |
| Q1 2025 | -$0.66 | -123% |
| Q4 2024 | $0.66 | -54% |
EBC's earnings per share have fallen from their peak: $1.76 over the past year, against $2.87 in early 2024.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over EBC on earnings, with more consistent year-over-year improvement.
EBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $306.6M | +27% |
| Q2 2026 | $309.5M | +26% |
| Q1 2026 | $288.2M | +826% |
| Q4 2025 | $283.5M | +31% |
| Q3 2025 | $241.5M | +19% |
| Q2 2025 | $244.9M | +59% |
| Q1 2025 | $31.1M | -80% |
| Q4 2024 | $216.5M | +35% |
EBC has the edge over GS on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 46% | +6.8 points |
| Q2 2026 | 44% | +2.6 points |
| Q1 2026 | 29% | +620 points |
| Q4 2025 | 31% | -1.9 points |
| Q3 2025 | 39% | +41 points |
| Q2 2025 | 41% | +16 points |
| Q1 2025 | -591% | -622 points |
| Q4 2024 | 33% | +12 points |
EBC has the edge over GS on profitability, with a higher operating margin.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
EBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $178.5M | +20% |
| Q2 2026 | $149.8M | +26% |
| Q1 2026 | -$12.5M | -128% |
| Q4 2025 | $99.8M | +20% |
| Q3 2025 | $148.4M | +39% |
| Q2 2025 | $119.3M | +137% |
| Q1 2025 | $45.5M | +51% |
| Q4 2024 | $83.4M | +71% |
EBC has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
EBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -2.1M shares |
| 1 year | +8.9% | +17.7M shares |
| 3 years | +34% | +54.7M shares |
| 5 years | +26% | +44.9M shares |
| Available history | +16% | +30.4M shares |
EBC has 217M diluted shares, up 8.9% from a year ago, despite $259M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $57.7M |
| Q2 2026 | $73.7M |
| Q1 2026 | $73.4M |
| Q4 2025 | $54.7M |
| Q3 2025 | — |
| Q2 2025 | $5.5M |
| Q1 2025 | $46.5M |
| Q4 2024 | $15.1M |
EBC spent $259M buying back its own shares over the past year, about four times what it spent the year before.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over EBC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
EBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -5.9x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.7x | Net Cash |
EBC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like EBC.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has the edge over EBC on leverage, with a lower net debt burden relative to earnings.
EBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.7 | Neutral |
| Stochastic | 66.8 | Neutral |
EBC's weekly RSI is 61 (neutral) and its Stochastic is 67 (neutral).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
EBC PE vs Financial Services Sector
| Metric | EBC | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.7% below |
| PE % | 42 | 61 | 19 pts below |
EBC has the edge over GS on valuation relative to its sector.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
EBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.0 | 3.7% above |
| 20 week MA | $22.3 | 2% above |
| 50 week MA | $20.9 | 9% above |
| 100 week MA | $18.8 | 21% above |
| 200 week MA | $16.4 | 39% above |
EBC has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
EBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.9 | $16.8 | +41% |
| 2021 | $16.8 | $20.2 | +20% |
| 2022 | $20.2 | $17.1 | -15% |
| 2023 | $17.1 | $14.2 | -17% |
| 2024 | $14.2 | $17.2 | +21% |
| 2025 | $17.2 | $18.8 | +9.2% |
| 2026 YTD | $18.8 | $22.8 | +21% |
EBC has the edge over GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.