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Eastern Bankshares (EBC) Financials

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$21.82 +0.23 (+1.04%)
As of 02:14 PM Eastern
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Annual Income Statements for Eastern Bankshares

Annual Income Statements for Eastern Bankshares

This table shows Eastern Bankshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 123 135 23 155 200 232 120 88
Consolidated Net Income / (Loss)		 123 135 23 155 200 232 120 88
Net Income / (Loss) Continuing Operations		 123 135 23 146 187 -63 120 88
Total Pre-Tax Income 		158 175 36 176 238 -126 156 100
Total Revenue		 571 594 580 527 645 313 732 723
Net Interest Income / (Expense)		 390 411 401 430 568 550 608 829
Total Interest Income		 415 445 413 435 605 796 947 1,164
Loans and Leases Interest Income		 369 402 372 368 476 652 808 1,009
Investment Securities Interest Income		 43 40 39 66 126 107 96 139
Federal Funds Sold and Securities Borrowed Interest Income		 3.41 2.98 1.76 1.89 3.27 37 42 16
Total Interest Expense		 25 34 12 5.33 37 246 339 336
Deposits Interest Expense		 17 27 11 5.17 29 226 337 332
Long-Term Debt Interest Expense		 7.74 6.45 0.76 0.17 8.51 20 1.77 3.25
Total Non-Interest Income		 181 182 178 97 77 -238 124 -106
Service Charges on Deposit Accounts		 27 27 22 24 30 29 32 35
Other Service Charges		 37 27 25 28 30 32 51 42
Net Realized & Unrealized Capital Gains on Investments		 2.60 4.11 7.35 10 3.10 -332 -14 -266
Investment Banking Income		 - - - - - 24 46 70
Other Non-Interest Income		 3.47 14 8.96 10 -11 9.04 8.79 13
Provision for Credit Losses		 15 6.30 39 -9.69 18 20 67 26
Total Non-Interest Expense		 398 413 505 361 389 419 508 597
Salaries and Employee Benefits		 239 252 262 228 233 253 288 336
Net Occupancy & Equipment Expense		 81 82 79 84 90 90 112 124
Marketing Expense		 11 9.62 8.88 8.50 9.29 7.59 7.75 9.63
Property & Liability Insurance Claims		 4.18 1.88 3.73 4.23 6.25 22 14 15
Other Operating Expenses		 59 60 149 37 48 44 72 78
Amortization Expense		 3.89 3.54 2.86 0.22 1.20 1.80 15 34
Income Tax Expense		 35 39 13 30 52 -63 36 11
Net Income / (Loss) Discontinued Operations		 - - - 9.13 13 295 0.00 0.00
Basic Earnings per Share		 $0.00 $0.00 $0.13 $0.90 $1.21 $1.43 $0.66 $0.43
Weighted Average Basic Shares Outstanding		 - - 186.76M 184.44M 176.17M 176.43M 212.99M 234.64M
Diluted Earnings per Share		 $0.00 $0.00 $0.13 $0.90 $1.21 $1.43 $0.66 $0.43
Weighted Average Diluted Shares Outstanding		 - - 186.76M 184.44M 176.17M 176.43M 212.99M 234.64M
Weighted Average Basic & Diluted Shares Outstanding		 - - 186.76M 184.44M 176.17M 176.43M 212.99M 234.64M
Cash Dividends to Common per Share		 - - - $0.07 $0.40 $0.41 $0.45 $0.51

Quarterly Income Statements for Eastern Bankshares

This table shows Eastern Bankshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 319 39 26 -6.19 61 -218 100 106 100 65 105
Consolidated Net Income / (Loss)		 319 39 26 -6.19 61 -218 100 106 100 65 105
Net Income / (Loss) Continuing Operations		 32 39 26 -6.19 61 -218 100 106 100 65 105
Total Pre-Tax Income 		34 49 38 -3.35 72 -184 100 94 89 84 135
Total Revenue		 160 158 154 203 217 -47 245 242 283 288 310
Net Interest Income / (Expense)		 133 130 129 170 179 189 202 200 237 245 252
Total Interest Income		 204 203 207 266 271 266 279 283 336 340 350
Loans and Leases Interest Income		 168 170 173 231 235 228 241 244 296 302 308
Investment Securities Interest Income		 25 25 24 24 24 33 36 36 35 37 40
Federal Funds Sold and Securities Borrowed Interest Income		 10 7.82 11 11 13 4.64 2.36 3.30 5.28 1.01 1.77
Total Interest Expense		 70 73 79 96 92 77 77 83 99 95 98
Deposits Interest Expense		 67 72 78 95 91 76 77 82 97 90 93
Long-Term Debt Interest Expense		 2.95 0.25 0.24 0.82 0.47 0.81 0.60 0.40 1.43 4.46 4.94
Total Non-Interest Income		 27 28 25 34 37 -236 43 41 46 44 58
Service Charges on Deposit Accounts		 7.51 7.51 7.93 8.14 8.43 8.32 8.24 8.55 9.93 9.93 10
Other Service Charges		 9.01 8.71 16 6.71 19 9.63 11 10 11 13 16
Net Realized & Unrealized Capital Gains on Investments		 -0.88 -0.06 -7.29 0.18 -7.73 -271 5.63 0.97 1.55 1.01 5.34
Investment Banking Income		 - 6.54 6.71 15 - 16 17 18 19 18 20
Other Non-Interest Income		 4.97 4.99 1.76 3.59 -0.66 0.49 0.98 3.84 4.53 0.98 6.96
Provision for Credit Losses		 5.20 7.45 6.13 47 6.82 6.60 7.60 7.10 4.90 5.76 6.76
Total Non-Interest Expense		 121 101 110 160 138 130 137 140 189 199 168
Salaries and Employee Benefits		 68 64 65 81 79 80 81 84 92 102 97
Net Occupancy & Equipment Expense		 26 26 26 30 34 29 30 32 34 38 37
Marketing Expense		 2.69 1.52 1.91 1.54 2.82 1.73 2.43 2.67 2.80 2.70 3.10
Property & Liability Insurance Claims		 13 2.29 4.51 3.20 3.87 3.29 3.78 3.51 4.07 3.37 3.75
Other Operating Expenses		 11 6.73 12 38 10 8.80 13 11 46 41 15
Amortization Expense		 0.51 0.50 0.50 6.21 7.35 7.81 7.81 7.81 11 12 12
Income Tax Expense		 2.31 10 12 2.84 11 34 0.09 -12 -10 19 30
Basic Earnings per Share		 $1.97 $0.24 $0.16 ($0.03) $0.29 ($1.09) $0.50 $0.53 $0.49 $0.29 $0.48
Weighted Average Basic Shares Outstanding		 176.43M 176.63M 215.65M 214.66M 212.99M 211.09M 211.48M 210.80M 234.64M 231.14M 228.51M
Diluted Earnings per Share		 $1.97 $0.24 $0.16 ($0.03) $0.29 ($1.08) $0.50 $0.53 $0.48 $0.29 $0.48
Weighted Average Diluted Shares Outstanding		 176.43M 176.63M 215.65M 214.66M 212.99M 211.09M 211.48M 210.80M 234.64M 231.14M 228.51M
Weighted Average Basic & Diluted Shares Outstanding		 176.43M 176.63M 215.65M 214.66M 212.99M 211.09M 211.48M 210.80M 234.64M 231.14M 228.51M

Annual Cash Flow Statements for Eastern Bankshares

This table details how cash moves in and out of Eastern Bankshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -51 103 1,691 -822 -1,062 524 314 -690
Net Cash From Operating Activities		 205 196 70 174 230 262 284 432
Net Cash From Continuing Operating Activities		 205 196 70 178 213 385 284 432
Net Income / (Loss) Continuing Operations		 123 135 23 155 187 -63 120 88
Consolidated Net Income / (Loss)		 123 135 23 155 200 232 120 88
Net Income / (Loss) Discontinued Operations		 - - - - 13 295 0.00 0.00
Provision For Loan Losses		 15 6.30 39 -9.69 18 20 67 26
Depreciation Expense		 20 19 16 12 12 12 27 47
Amortization Expense		 4.75 8.19 -25 -43 17 13 -9.02 -56
Non-Cash Adjustments to Reconcile Net Income		 -4.80 -2.48 82 17 26 374 85 312
Changes in Operating Assets and Liabilities, net		 47 30 -65 47 -46 29 -6.57 14
Net Cash From Discontinued Operating Activities		 - - - - 17 -124 0.00 0.00
Net Cash From Investing Activities		 -647 -145 -2,390 -1,986 -1,077 2,400 1,059 -364
Net Cash From Continuing Investing Activities		 -647 -145 -2,390 -1,981 -1,063 1,912 1,059 -364
Purchase of Property, Leasehold Improvements and Equipment		 -9.03 -7.19 -5.14 -5.73 -8.63 -8.14 -14 -19
Purchase of Investment Securities		 -829 -290 -2,118 -3,338 -2,636 -252 -388 -2,464
Sale of Property, Leasehold Improvements and Equipment		 - 0.00 0.00 22 17 0.00 15 0.00
Sale and/or Maturity of Investments		 193 294 464 971 1,583 2,638 1,515 2,179
Other Investing Activities, net		 -3.27 -142 -731 369 -19 -466 -69 -59
Net Cash From Discontinued Investing Activities		 - - - - -13 489 0.00 0.00
Net Cash From Financing Activities		 391 52 4,012 989 -216 -2,138 -1,029 -758
Net Cash From Continuing Financing Activities		 391 52 4,012 989 -215 -2,137 -1,029 -758
Net Change in Deposits		 584 152 2,604 1,098 -654 -1,378 -176 -182
Repayment of Debt		 -192 -99 0.00 -34 - - -742 -369
Repurchase of Common Equity		 - 0.00 0.00 -23 -202 0.00 -28 -107
Payment of Dividends		 - 0.00 0.00 -52 -66 -67 -83 -106
Other Financing Activities, Net		 -1.17 -1.06 -178 - 0.00 0.00 -0.94 4.99
Net Cash From Discontinued Financing Activities		 - - - - -0.67 -0.96 0.00 0.00
Cash Interest Paid		 24 34 14 5.35 35 232 316 333
Cash Income Taxes Paid		 30 31 35 43 42 66 19 -2.51

Quarterly Cash Flow Statements for Eastern Bankshares

This table details how cash moves in and out of Eastern Bankshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 84 46 12 139 117 -638 185 -143 -94 15 -75
Net Cash From Operating Activities		 53 33 54 108 89 47 124 157 104 -9.47 155
Net Cash From Continuing Operating Activities		 189 33 54 108 89 47 124 157 104 -9.47 155
Net Income / (Loss) Continuing Operations		 32 39 26 -6.19 61 -218 100 106 100 65 105
Consolidated Net Income / (Loss)		 319 39 26 -6.19 61 -218 100 106 100 65 105
Provision For Loan Losses		 5.20 7.45 6.13 47 6.82 6.60 7.60 7.10 4.90 5.76 6.76
Depreciation Expense		 3.25 3.33 3.41 10 10 10 11 11 15 16 16
Amortization Expense		 3.16 3.47 4.41 -8.01 -8.89 -11 -15 -8.92 -21 -17 -18
Non-Cash Adjustments to Reconcile Net Income		 87 18 14 24 28 214 32 23 44 15 23
Changes in Operating Assets and Liabilities, net		 37 -38 -0.05 41 -8.40 45 -11 19 -38 -95 22
Net Cash From Investing Activities		 545 -44 108 1,025 -30 -81 -324 -163 204 -13 -620
Net Cash From Continuing Investing Activities		 56 -44 108 1,025 -30 -81 -324 -163 204 -13 -620
Purchase of Property, Leasehold Improvements and Equipment		 -3.85 -2.49 -4.03 -1.73 -5.30 -1.80 -4.57 -8.78 -4.28 -3.05 -4.82
Purchase of Investment Securities		 -16 -3.79 - -0.82 -409 -1,362 -75 -33 -994 -326 -405
Sale and/or Maturity of Investments		 147 91 184 1,016 223 1,438 155 147 438 158 160
Other Investing Activities, net		 -72 -129 -72 -14 146 -155 -400 -268 764 158 -370
Net Cash From Financing Activities		 -513 57 -151 -994 59 -604 385 -138 -402 37 390
Net Cash From Continuing Financing Activities		 -513 57 -151 -994 59 -604 385 -138 -402 37 390
Net Change in Deposits		 172 73 -129 -195 75 -522 424 -103 20 -366 814
Repurchase of Common Equity		 - 0.00 - - -15 -46 -5.47 - -55 -73 -74
Payment of Dividends		 -18 -18 -18 -22 -24 -24 -26 -26 -29 -29 -33
Other Financing Activities, Net		 - - - - - 0.00 - - 4.99 2.42 1.70
Cash Interest Paid		 66 63 87 84 81 69 87 74 103 112 94
Cash Income Taxes Paid		 42 7.15 12 -0.30 -0.48 1.00 -1.68 -0.88 -0.96 1.07 -13

Annual Balance Sheets for Eastern Bankshares

This table presents Eastern Bankshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 11,629 15,964 23,512 22,647 21,133 25,558 30,587
Cash and Due from Banks		 136 117 145 106 87 93 126
Trading Account Securities		 1,509 3,184 8,511 7,167 4,857 4,442 4,425
Loans and Leases, Net of Allowance		 8,899 9,594 12,157 13,420 13,799 17,549 22,753
Loans and Leases		 8,981 9,707 12,255 13,563 13,948 17,778 23,085
Allowance for Loan and Lease Losses		 82 113 98 142 149 229 332
Loans Held for Sale		 0.03 1.14 1.21 4.54 1.12 0.37 23
Premises and Equipment, Net		 57 49 81 62 60 67 120
Intangible Assets		 378 377 650 568 566 1,050 1,301
Other Assets		 650 2,643 14,124 1,304 1,753 2,308 1,823
Total Liabilities & Shareholders' Equity		 11,629 15,964 23,512 22,647 21,133 25,558 30,587
Total Liabilities		 10,029 12,536 20,106 20,175 18,158 21,946 26,246
Interest Bearing Deposits		 9,567 12,169 19,649 18,997 17,618 21,319 25,471
Long-Term Debt		 19 15 14 704 18 18 200
Other Long-Term Liabilities		 242 352 443 460 514 560 561
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,600 3,428 3,406 2,472 2,975 3,612 4,341
Total Preferred & Common Equity		 1,600 3,428 3,406 2,472 2,975 3,612 4,341
Total Common Equity		 1,600 3,428 3,406 2,472 2,975 3,612 4,341
Common Stock		 0.00 1,856 1,837 1,651 1,668 2,240 2,623
Retained Earnings		 1,644 1,666 1,769 1,882 2,048 2,085 2,067
Accumulated Other Comprehensive Income / (Loss)		 -44 54 -57 -923 -608 -584 -227
Other Equity Adjustments		 0.00 -148 -143 -138 -133 -128 -123

Quarterly Balance Sheets for Eastern Bankshares

This table presents Eastern Bankshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 22,721 21,583 21,146 21,175 21,044 25,507 24,986 25,456 25,458 30,633 31,142
Cash and Due from Banks		 98 105 73 71 73 98 129 159 117 111 176
Trading Account Securities		 5,171 4,985 4,717 4,731 4,535 4,591 4,445 4,395 4,325 4,573 4,812
Loans and Leases, Net of Allowance		 13,521 13,799 13,745 13,907 13,954 17,502 17,691 18,083 18,333 22,596 22,956
Loans and Leases		 13,662 13,947 13,900 14,056 14,110 17,756 17,916 18,315 18,566 22,924 23,281
Allowance for Loan and Lease Losses		 141 148 155 149 156 254 224 232 233 328 325
Loans Held for Sale		 3.07 2.84 24 2.20 1.31 1.99 8.06 0.00 0.71 26 43
Premises and Equipment, Net		 61 60 59 60 61 79 65 66 72 118 118
Intangible Assets		 660 659 567 566 565 1,058 1,042 1,035 1,027 1,289 1,278
Other Assets		 3,194 1,973 1,945 1,827 1,844 2,154 1,571 1,697 1,569 1,891 1,726
Total Liabilities & Shareholders' Equity		 22,721 21,583 21,146 21,175 21,044 25,507 24,986 25,456 25,458 30,633 31,142
Total Liabilities		 20,141 19,057 18,700 18,222 18,077 21,836 21,403 21,772 21,652 26,347 26,859
Interest Bearing Deposits		 18,567 18,204 17,449 17,691 17,558 21,246 20,797 21,221 21,117 25,105 25,919
Long-Term Debt		 1,101 314 674 18 17 17 20 27 26 689 364
Other Long-Term Liabilities		 461 525 560 502 490 548 551 503 495 524 541
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,579 2,527 2,447 2,953 2,967 3,671 3,583 3,684 3,806 4,286 4,283
Total Preferred & Common Equity		 2,579 2,527 2,447 2,953 2,967 3,671 3,583 3,684 3,806 4,286 4,283
Total Common Equity		 2,579 2,527 2,447 2,953 2,967 3,671 3,583 3,684 3,806 4,286 4,283
Common Stock		 1,653 1,659 1,663 1,671 1,675 2,248 2,191 2,192 2,196 2,552 2,485
Retained Earnings		 1,672 1,704 1,747 2,068 2,077 2,048 1,843 1,917 1,997 2,104 2,176
Accumulated Other Comprehensive Income / (Loss)		 -610 -701 -830 -655 -654 -496 -324 -300 -264 -248 -258
Other Equity Adjustments		 -136 -135 -134 -132 -130 -129 -127 -125 -124 -122 -120

Annual Metrics And Ratios for Eastern Bankshares

This table displays calculated financial ratios and metrics derived from Eastern Bankshares' official financial filings.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - 210,797,930.00
DEI Adjusted Shares Outstanding		 - - - - - - - 210,797,930.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - 0.42
Growth Metrics		 - - - - - - - -
Revenue Growth		 0.00% 4.02% -2.35% -9.03% 22.29% -51.51% 133.97% -1.21%
EBITDA Growth		 0.00% 10.87% -86.72% 441.46% 83.69% -137.83% 272.02% -47.75%
EBIT Growth		 0.00% 10.77% -79.44% 390.22% 35.36% -152.89% 223.63% -36.12%
NOPAT Growth		 0.00% 10.08% -83.17% 540.03% 28.16% -147.29% 235.56% -26.21%
Net Income Growth		 0.00% 10.08% -83.17% 580.20% 29.16% 16.23% -48.50% -26.21%
EPS Growth		 0.00% 0.00% 0.00% 592.31% 34.44% 18.18% -53.85% -34.85%
Operating Cash Flow Growth		 0.00% -4.29% -64.40% 149.80% 31.78% 13.81% 8.46% 52.35%
Free Cash Flow Firm Growth		 0.00% 0.00% -21.35% 109.32% 156.81% -77.94% -644.16% -58.95%
Invested Capital Growth		 0.00% 0.00% 112.63% -0.65% -7.15% -5.77% 21.28% 25.09%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% -12.82% 7.18% 15.14% 8.37% 10.21%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 91.28% 23.52% -2.58% 23.46% 12.37%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 60.38% 7.07% -1.08% 32.67% 20.58%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 92.72% 2.79% -1.08% 32.41% 78.29%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 104.81% 3.74% 627.29% -68.31% 78.29%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 8.43% 6.14% 629.63% -71.79% 79.17%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 5.95% -4.46% -16.05% 23.22% 14.51% 3.68%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% -47.73% 123.36% -8.22% -780.08%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% -0.67% 13.41% -4.09% -1.60% 18.50%
Profitability Metrics		 - - - - - - - -
EBITDA Margin		 31.97% 34.07% 4.63% 27.57% 41.42% -32.31% 23.76% 12.57%
EBIT Margin		 27.62% 29.41% 6.19% 33.38% 36.95% -40.30% 21.29% 13.77%
Profit (Net Income) Margin		 21.51% 22.76% 3.92% 29.33% 30.98% 74.26% 16.34% 12.21%
Tax Burden Percent		 77.87% 77.39% 63.34% 87.88% 83.85% -184.27% 76.76% 88.66%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.13% 22.62% 36.66% 17.31% 21.71% 0.00% 23.24% 11.34%
Return on Invested Capital (ROIC)		 0.00% 16.69% 0.90% 4.24% 5.66% -2.86% 3.61% 2.16%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 16.69% 0.90% 68.02% 9.34% 85.91% 3.61% 2.16%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.20% 0.01% 0.29% 1.14% 11.39% 0.02% 0.06%
Return on Equity (ROE)		 0.00% 16.89% 0.90% 4.53% 6.80% 8.53% 3.63% 2.22%
Cash Return on Invested Capital (CROIC)		 0.00% -183.31% -71.15% 4.89% 13.07% 3.08% -15.63% -20.13%
Operating Return on Assets (OROA)		 0.00% 1.50% 0.26% 0.89% 1.03% -0.58% 0.67% 0.35%
Return on Assets (ROA)		 0.00% 1.16% 0.16% 0.78% 0.87% 1.06% 0.51% 0.31%
Return on Common Equity (ROCE)		 0.00% 16.89% 0.90% 4.53% 6.80% 8.53% 3.63% 2.22%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 8.44% 0.66% 4.54% 8.08% 7.80% 3.31% 2.03%
Net Operating Profit after Tax (NOPAT)		 123 135 23 146 187 -88 120 88
NOPAT Margin		 21.51% 22.76% 3.92% 27.60% 28.93% -28.21% 16.34% 12.21%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% -63.78% -3.69% -88.77% 0.00% 0.00%
SG&A Expenses to Revenue		 58.04% 58.00% 60.34% 60.65% 51.61% 112.56% 59.06% 65.02%
Operating Expenses to Revenue		 69.73% 69.53% 87.11% 68.46% 60.27% 133.89% 69.50% 82.60%
Earnings before Interest and Taxes (EBIT)		 158 175 36 176 238 -126 156 100
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 182 202 27 145 267 -101 174 91
Valuation Ratios		 - - - - - - - -
Price to Book Value (P/BV)		 0.00 1.12 0.82 1.03 1.16 0.82 1.03 0.90
Price to Tangible Book Value (P/TBV)		 0.00 1.47 0.92 1.28 1.51 1.01 1.45 1.28
Price to Revenue (P/Rev)		 3.14 3.02 4.83 6.67 4.44 7.78 5.06 5.38
Price to Earnings (P/E)		 14.61 13.27 123.14 22.73 14.34 10.48 30.97 44.04
Dividend Yield		 0.00% 0.00% 0.00% 1.59% 2.47% 2.97% 2.61% 2.77%
Earnings Yield		 6.84% 7.53% 0.81% 4.40% 6.97% 9.55% 3.23% 2.27%
Enterprise Value to Invested Capital (EV/IC)		 0.00 1.04 0.78 0.99 1.09 0.79 1.00 0.87
Enterprise Value to Revenue (EV/Rev)		 0.00 2.82 4.65 6.42 5.37 7.56 4.96 5.48
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 8.29 100.48 23.28 12.97 0.00 20.88 43.59
Enterprise Value to EBIT (EV/EBIT)		 0.00 9.60 75.15 19.23 14.54 0.00 23.29 39.78
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 12.41 118.66 23.26 18.57 0.00 30.34 44.87
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 8.54 38.63 19.40 15.06 9.03 12.78 9.15
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 20.17 8.04 24.85 0.00 0.00
Leverage & Solvency		 - - - - - - - -
Debt to Equity		 0.00 0.01 0.00 0.00 0.28 0.01 0.00 0.05
Long-Term Debt to Equity		 0.00 0.01 0.00 0.00 0.28 0.01 0.00 0.05
Financial Leverage		 0.00 0.01 0.01 0.00 0.12 0.13 0.01 0.03
Leverage Ratio		 0.00 7.27 5.49 5.78 7.85 8.04 7.09 7.06
Compound Leverage Factor		 0.00 7.27 5.49 5.78 7.85 8.04 7.09 7.06
Debt to Total Capital		 0.00% 1.17% 0.42% 0.41% 22.17% 0.59% 0.48% 4.40%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 1.17% 0.42% 0.41% 22.17% 0.59% 0.48% 4.40%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 98.83% 99.58% 99.59% 77.83% 99.41% 99.52% 95.60%
Debt to EBITDA		 0.00 0.09 0.54 0.10 2.64 -0.18 0.10 2.20
Net Debt to EBITDA		 0.00 -0.58 -3.80 -0.90 2.24 0.69 -0.43 0.81
Long-Term Debt to EBITDA		 0.00 0.09 0.54 0.10 2.64 -0.18 0.10 2.20
Debt to NOPAT		 0.00 0.14 0.64 0.10 3.78 -0.20 0.15 2.26
Net Debt to NOPAT		 0.00 -0.86 -4.48 -0.90 3.21 0.79 -0.63 0.83
Long-Term Debt to NOPAT		 0.00 0.14 0.64 0.10 3.78 -0.20 0.15 2.26
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - -
Cash Flow Metrics		 - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -1,484 -1,801 168 431 95 -517 -822
Operating Cash Flow to CapEx		 2,269.30% 2,730.25% 1,357.91% 0.00% 0.00% 3,214.89% 0.00% 2,225.07%
Free Cash Flow to Firm to Interest Expense		 0.00 -43.97 -149.11 31.48 11.61 0.39 -1.53 -2.45
Operating Cash Flow to Interest Expense		 8.16 5.81 5.78 32.73 6.19 1.06 0.84 1.29
Operating Cash Flow Less CapEx to Interest Expense		 7.80 5.60 5.36 35.77 6.43 1.03 0.84 1.23
Efficiency Ratios		 - - - - - - - -
Asset Turnover		 0.00 0.05 0.04 0.03 0.03 0.01 0.03 0.03
Fixed Asset Turnover		 0.00 10.33 10.85 8.09 8.99 5.10 11.54 7.74
Capital & Investment Metrics		 - - - - - - - -
Invested Capital		 0.00 1,619 3,443 3,420 3,176 2,993 3,630 4,540
Invested Capital Turnover		 0.00 0.73 0.23 0.15 0.20 0.10 0.22 0.18
Increase / (Decrease) in Invested Capital		 0.00 1,619 1,824 -22 -244 -183 637 911
Enterprise Value (EV)		 0.00 1,676 2,698 3,385 3,463 2,363 3,628 3,959
Market Capitalization		 1,793 1,793 2,800 3,516 2,865 2,432 3,703 3,885
Book Value per Share		 $0.00 $8.92 $18.36 $18.24 $13.99 $16.86 $16.83 $20.59
Tangible Book Value per Share		 $0.00 $6.82 $16.34 $14.76 $10.78 $13.65 $11.93 $14.42
Total Capital		 0.00 1,619 3,443 3,420 3,176 2,993 3,630 4,540
Total Debt		 0.00 19 15 14 704 18 18 200
Total Long-Term Debt		 0.00 19 15 14 704 18 18 200
Net Debt		 0.00 -117 -102 -131 598 -69 -75 74
Capital Expenditures (CapEx)		 9.03 7.19 5.14 -16 -8.69 8.14 -1.58 19
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 -9.13 -13 -320 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.00 19 15 14 704 18 18 200
Total Depreciation and Amortization (D&A)		 25 28 -9.05 -31 29 25 18 -8.70
Earnings Adjustments		 - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.13 $0.90 $1.21 $1.43 $0.66 $0.43
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 186.76M 184.44M 176.17M 176.43M 212.99M 234.64M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.13 $0.90 $1.21 $1.43 $0.66 $0.43
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 186.76M 184.44M 176.17M 176.43M 212.99M 234.64M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 186.76M 184.44M 176.17M 176.43M 212.99M 234.64M
Normalized Net Operating Profit after Tax (NOPAT)		 123 138 23 146 187 -88 120 88
Normalized NOPAT Margin		 21.51% 23.18% 3.92% 27.60% 28.93% -28.21% 16.34% 12.21%
Pre Tax Income Margin		 27.62% 29.41% 6.19% 33.38% 36.95% -40.30% 21.29% 13.77%
Debt Service Ratios		 - - - - - - - -
EBIT to Interest Expense		 6.27 5.17 2.97 33.01 6.42 -0.51 0.46 0.30
NOPAT to Interest Expense		 4.89 4.00 1.88 27.29 5.02 -0.36 0.35 0.26
EBIT Less CapEx to Interest Expense		 5.91 4.96 2.55 36.06 6.65 -0.55 0.46 0.24
NOPAT Less CapEx to Interest Expense		 4.53 3.79 1.46 30.34 5.26 -0.39 0.36 0.20
Payout Ratios		 - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 33.34% 32.98% 28.72% 69.04% 119.83%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 48.35% 133.91% 28.72% 92.19% 240.66%

Quarterly Metrics And Ratios for Eastern Bankshares

This table displays calculated financial ratios and metrics derived from Eastern Bankshares' official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 - - - - - - - - 210,797,930.00 234,637,772.00 231,143,099.00
DEI Adjusted Shares Outstanding		 - - - - - - - - 210,797,930.00 234,637,772.00 231,143,099.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - 0.47 0.28 0.46
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 34.57% 191.87% -8.22% 30.07% 35.30% -129.96% 59.02% 18.74% 30.92% 710.38% 26.40%
EBITDA Growth		 -24.03% 121.34% -31.07% -102.04% 82.18% -430.42% 109.11% 8,895.78% 13.63% 144.87% 37.98%
EBIT Growth		 -3.84% 118.30% -37.04% -107.09% 113.42% -475.85% 163.99% 2,902.48% 23.53% 145.57% 34.39%
NOPAT Growth		 1.59% 120.64% -40.72% -103.70% 92.87% -433.16% 280.67% 4,622.35% 63.74% 150.69% 4.97%
Net Income Growth		 653.07% 119.91% -45.88% -110.47% -80.92% -663.22% 280.67% 1,815.32% 63.74% 129.98% 4.97%
EPS Growth		 629.63% 120.00% -46.67% -108.33% -85.28% -550.00% 212.50% 1,866.67% 65.52% 126.85% -4.00%
Operating Cash Flow Growth		 1,434.61% -67.60% -25.05% 200.86% 68.16% 45.31% 128.20% 45.14% 17.32% -120.02% 24.80%
Free Cash Flow Firm Growth		 -22.04% 188.54% -82.81% -122.74% -368.26% -201.75% -431.20% 93.56% -40.77% -71.64% -32.96%
Invested Capital Growth		 -5.77% -19.28% 5.07% 18.22% 21.28% 21.30% 24.32% 3.88% 25.09% 38.08% 25.25%
Revenue Q/Q Growth		 2.36% -1.53% -2.28% 32.07% 6.47% -121.81% 618.61% -1.38% 17.39% 1.67% 7.39%
EBITDA Q/Q Growth		 -24.70% 38.38% -17.79% -102.38% 6,825.05% -351.26% 152.02% 0.06% -13.12% -0.79% 59.98%
EBIT Q/Q Growth		 -28.48% 44.71% -22.35% -108.82% 2,252.64% -354.84% 154.54% -6.33% -5.12% -5.98% 60.83%
NOPAT Q/Q Growth		 -50.35% 22.65% -31.87% -108.91% 2,689.20% -311.87% 177.85% 5.90% -6.25% -34.42% 61.22%
Net Income Q/Q Growth		 438.80% -87.87% -31.87% -123.50% 1,082.08% -458.17% 146.05% 5.90% -6.25% -34.42% 61.22%
EPS Q/Q Growth		 447.22% -87.82% -33.33% -118.75% 1,066.67% -472.41% 146.30% 6.00% -9.43% -39.58% 65.52%
Operating Cash Flow Q/Q Growth		 46.61% -38.28% 66.69% 99.45% -18.06% -46.66% 161.78% 26.85% -33.76% -109.10% 1,731.99%
Free Cash Flow Firm Q/Q Growth		 183.83% 248.39% -115.74% -384.66% -0.95% -32.15% 17.84% 94.12% -2,105.11% -61.12% 36.36%
Invested Capital Q/Q Growth		 -4.09% -0.74% 0.49% 23.57% -1.60% -0.73% 2.99% 3.25% 18.50% 9.58% -6.58%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 25.14% 35.37% 29.76% -0.54% 33.85% 0.00% 39.13% 39.70% 29.38% 28.67% 42.71%
EBIT Margin		 21.13% 31.05% 24.68% -1.65% 33.33% 0.00% 40.97% 38.91% 31.45% 29.09% 43.56%
Profit (Net Income) Margin		 199.01% 24.52% 17.10% -3.04% 28.06% 0.00% 40.93% 43.95% 35.10% 22.64% 33.99%
Tax Burden Percent		 941.79% 78.97% 69.29% 184.55% 84.20% 118.34% 99.91% 112.96% 111.61% 77.85% 78.04%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 6.83% 21.03% 30.71% 0.00% 15.80% 0.00% 0.09% -12.96% -11.61% 22.15% 21.96%
Return on Invested Capital (ROIC)		 2.00% 4.73% 3.69% -0.23% 6.20% 0.00% 7.55% 7.66% 6.21% 5.59% 9.13%
ROIC Less NNEP Spread (ROIC-NNEP)		 81.52% 4.73% 3.69% -1.34% 6.20% 0.00% 7.55% 7.66% 6.21% 5.59% 9.13%
Return on Net Nonoperating Assets (RNNOA)		 10.80% 0.96% 0.22% -0.15% 0.03% 0.00% 0.05% 0.04% 0.17% 0.50% 0.45%
Return on Equity (ROE)		 12.80% 5.69% 3.91% -0.38% 6.23% 0.00% 7.60% 7.71% 6.38% 6.09% 9.58%
Cash Return on Invested Capital (CROIC)		 3.08% 26.70% 0.54% -14.04% -15.63% -20.89% -21.99% -2.49% -20.13% -23.34% -13.42%
Operating Return on Assets (OROA)		 0.30% 0.91% 0.73% -0.05% 1.04% 0.00% 1.09% 1.00% 0.81% 1.11% 1.73%
Return on Assets (ROA)		 2.84% 0.72% 0.50% -0.09% 0.88% 0.00% 1.09% 1.13% 0.90% 0.86% 1.35%
Return on Common Equity (ROCE)		 12.80% 5.69% 3.91% -0.38% 6.23% 0.00% 7.60% 7.71% 6.38% 6.09% 9.58%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 15.74% 14.91% 10.28% 0.00% -3.82% -1.71% 1.30% 0.00% 8.66% 8.78%
Net Operating Profit after Tax (NOPAT)		 32 39 26 -2.35 61 -129 100 106 100 65 105
NOPAT Margin		 19.69% 24.52% 17.10% -1.15% 28.06% 0.00% 40.93% 43.95% 35.10% 22.64% 33.99%
Net Nonoperating Expense Percent (NNEP)		 -79.52% 0.00% 0.00% 1.11% 0.00% 471.61% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 60.24% 58.17% 61.84% 63.58% 53.50% 0.00% 46.04% 48.92% 45.41% 49.55% 44.30%
Operating Expenses to Revenue		 75.62% 64.22% 71.34% 78.55% 63.52% 0.00% 55.93% 58.15% 66.82% 68.92% 54.26%
Earnings before Interest and Taxes (EBIT)		 34 49 38 -3.35 72 -184 100 94 89 84 135
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 40 56 46 -1.09 73 -184 96 96 83 83 132
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.82 0.82 0.83 0.96 1.03 0.97 0.88 1.01 0.90 1.07 1.20
Price to Tangible Book Value (P/TBV)		 1.01 1.01 1.03 1.35 1.45 1.37 1.22 1.38 1.28 1.53 1.71
Price to Revenue (P/Rev)		 7.78 3.76 3.93 5.24 5.06 6.63 5.22 5.85 5.38 4.34 4.58
Price to Earnings (P/E)		 10.48 5.19 5.58 9.37 30.97 0.00 0.00 77.57 44.04 12.37 13.67
Dividend Yield		 2.97% 3.07% 3.08% 2.68% 2.61% 2.80% 3.14% 2.75% 2.77% 2.66% 2.43%
Earnings Yield		 9.55% 19.28% 17.92% 10.67% 3.23% 0.00% 0.00% 1.29% 2.27% 8.09% 7.32%
Enterprise Value to Invested Capital (EV/IC)		 0.79 0.79 0.81 0.94 1.00 0.94 0.83 0.98 0.87 1.04 1.15
Enterprise Value to Revenue (EV/Rev)		 7.56 3.67 3.84 5.12 4.96 6.43 5.01 5.71 5.48 4.88 4.75
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 10.92 12.36 24.54 20.88 0.00 0.00 46.36 43.59 14.45 13.53
Enterprise Value to EBIT (EV/EBIT)		 0.00 12.38 14.36 29.41 23.29 0.00 0.00 45.40 39.78 14.07 13.27
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 13.24 15.09 38.25 30.34 0.00 0.00 75.72 44.87 13.92 14.17
Enterprise Value to Operating Cash Flow (EV/OCF)		 9.03 12.17 13.75 13.93 12.78 11.34 8.40 8.98 9.15 13.76 13.12
Enterprise Value to Free Cash Flow (EV/FCFF)		 24.85 2.66 152.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.01 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.05 0.16 0.09
Long-Term Debt to Equity		 0.01 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.05 0.16 0.09
Financial Leverage		 0.13 0.20 0.06 0.11 0.01 0.01 0.01 0.01 0.03 0.09 0.05
Leverage Ratio		 8.04 7.93 7.76 7.63 7.09 7.06 6.99 6.82 7.06 7.07 7.10
Compound Leverage Factor		 8.04 7.93 7.76 7.63 7.09 7.06 6.99 6.82 7.06 7.07 7.10
Debt to Total Capital		 0.59% 0.59% 0.58% 0.47% 0.48% 0.56% 0.72% 0.68% 4.40% 13.85% 7.84%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.59% 0.59% 0.58% 0.47% 0.48% 0.56% 0.72% 0.68% 4.40% 13.85% 7.84%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 99.41% 99.41% 99.42% 99.53% 99.52% 99.44% 99.28% 99.32% 95.60% 86.15% 92.16%
Debt to EBITDA		 -0.18 0.08 0.09 0.12 0.10 -0.30 -1.66 0.32 2.20 1.93 0.92
Net Debt to EBITDA		 0.69 -0.25 -0.28 -0.58 -0.43 1.64 8.17 -1.13 0.81 1.62 0.48
Long-Term Debt to EBITDA		 -0.18 0.08 0.09 0.12 0.10 -0.30 -1.66 0.32 2.20 1.93 0.92
Debt to NOPAT		 -0.20 0.10 0.11 0.19 0.15 -0.37 -2.59 0.52 2.26 1.86 0.97
Net Debt to NOPAT		 0.79 -0.30 -0.35 -0.90 -0.63 2.01 12.74 -1.85 0.83 1.56 0.50
Long-Term Debt to NOPAT		 -0.20 0.10 0.11 0.19 0.15 -0.37 -2.59 0.52 2.26 1.86 0.97
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 215 748 -118 -571 -576 -761 -626 -37 -811 -1,307 -832
Operating Cash Flow to CapEx		 1,370.39% 1,310.50% 1,348.00% 6,261.83% 1,674.58% 2,627.48% 2,711.84% 1,789.14% 2,430.69% -310.18% 3,204.77%
Free Cash Flow to Firm to Interest Expense		 3.05 10.29 -1.50 -5.94 -6.29 -9.91 -8.09 -0.44 -8.21 -13.77 -8.49
Operating Cash Flow to Interest Expense		 0.75 0.45 0.69 1.13 0.97 0.62 1.60 1.90 1.05 -0.10 1.58
Operating Cash Flow Less CapEx to Interest Expense		 0.70 0.41 0.64 1.11 0.91 0.59 1.54 1.79 1.01 -0.13 1.53
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.01 0.03 0.03 0.03 0.03 0.02 0.03 0.03 0.03 0.04 0.04
Fixed Asset Turnover		 5.10 10.62 10.43 9.80 11.54 8.43 9.70 8.69 7.74 11.58 12.16
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,993 2,970 2,985 3,688 3,630 3,603 3,711 3,831 4,540 4,975 4,648
Invested Capital Turnover		 0.10 0.19 0.22 0.20 0.22 0.16 0.18 0.17 0.18 0.25 0.27
Increase / (Decrease) in Invested Capital		 -183 -710 144 568 637 633 726 143 911 1,372 937
Enterprise Value (EV)		 2,363 2,358 2,414 3,454 3,628 3,385 3,091 3,747 3,959 5,167 5,329
Market Capitalization		 2,432 2,412 2,469 3,534 3,703 3,493 3,223 3,838 3,885 4,590 5,141
Book Value per Share		 $16.86 $16.72 $16.80 $17.02 $16.83 $16.82 $17.45 $17.99 $20.59 $18.27 $18.53
Tangible Book Value per Share		 $13.65 $13.51 $13.60 $12.12 $11.93 $11.93 $12.55 $13.14 $14.42 $12.77 $13.00
Total Capital		 2,993 2,970 2,985 3,688 3,630 3,603 3,711 3,831 4,540 4,975 4,648
Total Debt		 18 18 17 17 18 20 27 26 200 689 364
Total Long-Term Debt		 18 18 17 17 18 20 27 26 200 689 364
Net Debt		 -69 -54 -55 -81 -75 -109 -132 -91 74 578 189
Capital Expenditures (CapEx)		 3.85 2.49 4.03 1.73 5.30 1.80 4.57 8.78 4.28 3.05 4.82
Net Nonoperating Expense (NNE)		 -287 0.00 0.00 3.84 0.00 89 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 18 18 17 17 18 20 27 26 200 689 364
Total Depreciation and Amortization (D&A)		 6.42 6.80 7.82 2.26 1.13 -0.25 -4.50 1.91 -5.86 -1.19 -2.61
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.97 $0.24 $0.16 ($0.03) $0.29 ($1.09) $0.50 $0.53 $0.49 $0.29 $0.48
Adjusted Weighted Average Basic Shares Outstanding		 176.43M 176.63M 215.65M 214.66M 212.99M 211.09M 211.48M 210.80M 234.64M 231.14M 228.51M
Adjusted Diluted Earnings per Share		 $1.97 $0.24 $0.16 ($0.03) $0.29 ($1.08) $0.50 $0.53 $0.48 $0.29 $0.48
Adjusted Weighted Average Diluted Shares Outstanding		 176.43M 176.63M 215.65M 214.66M 212.99M 211.09M 211.48M 210.80M 234.64M 231.14M 228.51M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 176.43M 176.63M 215.65M 214.66M 212.99M 211.09M 211.48M 210.80M 234.64M 231.14M 228.51M
Normalized Net Operating Profit after Tax (NOPAT)		 32 39 26 -2.35 61 -129 100 66 62 65 105
Normalized NOPAT Margin		 19.69% 24.52% 17.10% -1.15% 28.06% 0.00% 40.93% 27.24% 22.02% 22.64% 33.99%
Pre Tax Income Margin		 21.13% 31.05% 24.68% -1.65% 33.33% 0.00% 40.97% 38.91% 31.45% 29.09% 43.56%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.48 0.67 0.48 -0.03 0.79 -2.39 1.30 1.14 0.90 0.88 1.38
NOPAT to Interest Expense		 0.45 0.53 0.33 -0.02 0.66 -1.68 1.30 1.28 1.01 0.69 1.07
EBIT Less CapEx to Interest Expense		 0.43 0.64 0.43 -0.05 0.73 -2.42 1.24 1.03 0.86 0.85 1.33
NOPAT Less CapEx to Interest Expense		 0.39 0.50 0.28 -0.04 0.61 -1.70 1.24 1.18 0.96 0.66 1.02
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 28.72% 14.71% 15.89% 20.21% 69.04% -64.89% -154.07% 203.09% 119.83% 29.76% 31.18%
Augmented Payout Ratio		 28.72% 14.71% 15.89% 23.56% 92.19% -119.11% -280.74% 338.46% 240.66% 65.72% 84.81%

Financials Breakdown Chart

Key Financial Trends

Eastern Bankshares’ (NASDAQ:EBC) second-quarter 2026 results show continued balance-sheet expansion and strong revenue growth, although higher share dilution, credit-loss reserves and investment outflows remain important risks. Total assets reached $31.1 billion at June 30, 2026, up from $25.5 billion a year earlier and $22.0 billion in the third quarter of 2022. Net loans increased to $23.0 billion from $18.1 billion in Q2 2025, while interest-bearing deposits rose to $25.9 billion from $21.2 billion.

Profitability improved meaningfully on a year-over-year basis. Second-quarter total revenue increased 26.4% to $309.5 million, led by a 24.7% increase in net interest income to $251.9 million and a 34.4% increase in non-interest income to $57.6 million. Net income rose to $105.2 million from $100.2 million in Q2 2025, while quarterly earnings increased 61% from $65.3 million in Q1 2026. The latest quarter also produced EBC’s strongest net interest income in the available period.

Net interest income has generally trended higher as the company has grown its loan book. It increased from $152.2 million in Q3 2022 to $251.9 million in Q2 2026. However, deposit interest expense was $93.0 million in Q2 2026, up from $76.7 million a year earlier, showing that funding costs remain elevated even as loan interest income grows.

The company’s balance sheet is also larger and better capitalized in absolute terms. Total common equity rose to $4.3 billion in Q2 2026 from $3.7 billion in Q2 2025 and $2.4 billion in Q3 2022. Retained earnings increased to $2.2 billion. Still, the allowance for loan and lease losses climbed to $325.4 million, up 40% year over year and substantially faster than net loan growth, which suggests management is maintaining a more cautious stance toward credit risk.

Cash flow was mixed. Operating cash flow improved to $154.6 million in Q2 2026 from $123.9 million in Q2 2025, but investing activities consumed $620.3 million, including $405.1 million spent on investment securities. Financing activities provided $390.3 million, primarily because deposits increased by $814.1 million. Even so, cash and equivalents declined by $75.4 million during the quarter.

  • Strong revenue momentum: Q2 2026 revenue rose 26.4% year over year to $309.5 million, supported by growth in both net interest income and fee-based revenue.
  • Net interest income reached a new high in the available data: NII increased to $251.9 million, up from $202.0 million in Q2 2025 and $152.2 million in Q3 2022.
  • Loan and deposit growth remains robust: Net loans grew 26.9% year over year to $23.0 billion, while interest-bearing deposits expanded 22.1% to $25.9 billion.
  • Quarterly earnings rebounded: Net income increased to $105.2 million in Q2 2026 from $65.3 million in Q1 2026, and operating cash flow reached $154.6 million.
  • Equity has expanded substantially: Total common equity reached $4.3 billion, compared with $3.7 billion in Q2 2025 and $2.4 billion in Q3 2022.
  • Non-interest income is improving but includes volatile items: Investment banking income rose to $19.7 million and investment gains totaled $5.3 million in Q2 2026, although these categories can fluctuate from quarter to quarter.
  • Debt levels are volatile: Long-term debt fell to $364.4 million from $689.2 million in Q1 2026, but remains well above the $26.8 million reported in Q2 2025.
  • Per-share earnings lagged net-income growth: Diluted EPS declined to $0.48 from $0.50 year over year because diluted weighted-average shares increased to 228.5 million from 211.5 million.
  • Credit-loss reserves are rising quickly: The allowance for loan and lease losses increased 40.2% year over year to $325.4 million, outpacing net loan growth and potentially weighing on future earnings.
  • Investing activity reduced liquidity: The company spent $620.3 million on investing activities in Q2 2026, causing cash and equivalents to fall by $75.4 million despite positive operating and financing cash flow.
09/14/26 01:05 PM ETAI Generated. May Contain Errors.

Eastern Bankshares Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Eastern Bankshares' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Eastern Bankshares' net income appears to be on an upward trend, with a most recent value of $88.22 million in 2025, falling from $122.73 million in 2018. The previous period was $119.56 million in 2024. See where experts think Eastern Bankshares is headed by visiting Eastern Bankshares' forecast page.

Over the last 7 years, Eastern Bankshares' total revenue changed from $570.64 million in 2018 to $722.65 million in 2025, a change of 26.6%.

Eastern Bankshares' total liabilities were at $26.25 billion at the end of 2025, a 19.6% increase from 2024, and a 161.7% increase since 2019.

In the past 6 years, Eastern Bankshares' cash and equivalents has ranged from $87.23 million in 2023 to $144.63 million in 2021, and is currently $126.10 million as of their latest financial filing in 2025.

Over the last 7 years, Eastern Bankshares' book value per share changed from 0.00 in 2018 to 20.59 in 2025, a change of 2,059.1%.


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Financial statements for NASDAQ:EBC last updated on 8/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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