EBC
Eastern Bankshares, Inc.
EBC's fundamentals are strong: revenue grew 62% and its operating margin rose 26 points to 38%. At 13x earnings, it's trading below its usual 17x. Analysts expect earnings growth.
IREN
IREN Limited
There isn't enough reported data to score IREN yet.
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.
IREN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.
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.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
EBC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
EBC has the edge over IREN on the outlook, with more favorable earnings expectations.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect IREN's losses to grow, with revenue growing. 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 has the edge over IREN on earnings quality, reporting a profit while its opponent remains loss making.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.96 | -347% |
| Q2 2026 | -$2.22 | -988% |
| Q1 2026 | $0.51 | +$1.10 |
| Q4 2025 | $1.18 | +$1.62 |
| Q3 2025 | $1.60 | +$1.99 |
| Q2 2025 | $0.25 | +$0.45 |
| Q1 2025 | -$0.59 | -$0.43 |
| Q4 2024 | -$0.44 | -$0.15 |
IREN has swung to a loss: it lost $3.96 per share over the past year, after a profit the year before.
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's revenue has grown year over year for six quarters in a row: $307M last quarter, up 27% from the same quarter a year ago.
| 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 IREN on profitability, with a higher operating margin.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| Q4 2025 | $184.7M | +59% |
| Q3 2025 | $240.3M | +355% |
| Q2 2025 | $187.3M | +230% |
| Q1 2025 | $144.8M | +168% |
| Q4 2024 | $116.1M | +176% |
IREN's revenue has held roughly level: $228M last quarter, down 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN's operating margin was −82% last quarter, down 50 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 IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6B | -$1.6B |
| Q2 2026 | $482.2M | +2895% |
| Q1 2026 | -$873.8M | -$523.1M |
| Q4 2025 | -$468M | -$334M |
| Q3 2025 | -$38M | +$349.4M |
| Q2 2025 | $16.1M | +$179M |
| Q1 2025 | -$350.7M | -$128.7M |
| Q4 2024 | -$134M | -$105.2M |
IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.
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 the edge over IREN on shareholder dilution, with a more favorable share count trend.
| 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.
IREN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +82.4M shares |
| 1 year | +10% | +36.9M shares |
| 3 years | +511% | +333M shares |
| 5 years | +624% | +344M shares |
| Available history | +2346% | +382M shares |
IREN has 399M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
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.
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net Cash |
IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.
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).
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (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 is trading at 13x earnings, in line with the Financial Services sector's median of 13x.
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
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 IREN on trend strength, trading above more of its moving averages.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
IREN has fallen below most of its moving averages, though it's still 2.1% 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 IREN on returns for 2026, with the stronger performance.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $24.8 | $17.2 | -31% |
| 2022 | $17.2 | $1.19 | -93% |
| 2023 | $1.19 | $7.15 | +501% |
| 2024 | $7.15 | $10.7 | +50% |
| 2025 | $10.7 | $40.3 | +276% |
| 2026 YTD | $40.3 | $19.5 | -52% |
IREN's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.