WallStSmart

Eastern Bankshares Inc (EBC)vsICICI Bank Limited (IBN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ICICI Bank Limited generates 276259% more annual revenue ($1.92T vs $696.45M). IBN leads profitability with a 27.5% profit margin vs 12.7%. IBN trades at a lower P/E of 16.6x. IBN earns a higher WallStSmart Score of 69/100 (B-).

EBC

Strong Buy

67

out of 100

Grade: B-

Growth: 9.3Profit: 6.0Value: 6.3Quality: 3.3
Piotroski: 2/9Altman Z: -0.31

IBN

Strong Buy

69

out of 100

Grade: B-

Growth: 5.3Profit: 8.0Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EBCOvervalued (-7.0%)

Margin of Safety

-7.0%

Fair Value

$20.12

Current Price

$19.38

$0.74 premium

UndervaluedFair: $20.12Overvalued
IBNSignificantly Overvalued (-191.4%)

Margin of Safety

-191.4%

Fair Value

$10.68

Current Price

$26.31

$15.63 premium

UndervaluedFair: $10.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EBC4 strengths · Avg: 10.0/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
62.1%10/10

Strong operational efficiency at 62.1%

Revenue GrowthGrowth
32.8%10/10

Revenue surging 32.8% year-over-year

EPS GrowthGrowth
54.1%10/10

Earnings expanding 54.1% YoY

IBN5 strengths · Avg: 8.8/10
Operating MarginProfitability
34.0%10/10

Strong operational efficiency at 34.0%

Market CapQuality
$95.10B9/10

Large-cap with strong market position

Profit MarginProfitability
27.5%9/10

Keeps 28 of every $100 in revenue as profit

PEG RatioValuation
0.538/10

Growing faster than its price suggests

P/E RatioValuation
16.6x8/10

Attractively priced relative to earnings

Areas to Watch

EBC4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.2%3/10

ROE of 2.2% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
44.5x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
-0.312/10

Distress zone — elevated risk

IBN2 concerns · Avg: 3.0/10
Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

EPS GrowthGrowth
-3.7%2/10

Earnings declined 3.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : EBC

The strongest argument for EBC centers on Price/Book, Operating Margin, Revenue Growth. Revenue growth of 32.8% demonstrates continued momentum.

Bull Case : IBN

The strongest argument for IBN centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 27.5% and operating margin at 34.0%. PEG of 0.53 suggests the stock is reasonably priced for its growth.

Bear Case : EBC

The primary concerns for EBC are Return on Equity, Piotroski F-Score, P/E Ratio. A P/E of 44.5x leaves little room for execution misses.

Bear Case : IBN

The primary concerns for IBN are Revenue Growth, EPS Growth.

Key Dynamics to Monitor

EBC profiles as a growth stock while IBN is a value play — different risk/reward profiles.

EBC carries more volatility with a beta of 0.79 — expect wider price swings.

EBC is growing revenue faster at 32.8% — sustainability is the question.

Monitor BANKS - REGIONAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

IBN scores higher overall (69/100 vs 67/100), backed by strong 27.5% margins. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Eastern Bankshares Inc

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Eastern Bankshares, Inc. is the banking holding company for Eastern Bank offering commercial banking products and services primarily to retail, commercial and small business clients. The company is headquartered in Boston, Massachusetts.

ICICI Bank Limited

FINANCIAL SERVICES · BANKS - REGIONAL · USA

ICICI Bank Limited offers various banking products and financial services in India and internationally. The company is headquartered in Mumbai, India.

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