Eastern Bankshares, Inc. EBC

Financials SIC 6035 - Savings Institution, Federally Chartered NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Savings Institutions and Other Depository Credit Intermediation derived Nasdaq

Eastern Bankshares, Inc., a Massachusetts corporation, which we sometimes refer to as the "Company," is a bank holding company headquartered in Boston, Massachusetts that was incorporated under Massachusetts law in 2020. We are the sole shareholder of Eastern Bank, which we sometimes refer to as the "Bank," a Massachusetts-chartered bank founded in 1818. Through the Bank, we provide a variety of banking and trust and investment services. As of December 31, 2025, we had total consolidated assets of $30.6 billion, total gross loans of $23.6 billion, total deposits of $25.5 billion and total shareholders' equity of $4.3 billion. We are subject to comprehensive regulation and examination by the Massachusetts Commissioner of Banks, the Federal Deposit Insurance Corporation ("FDIC"), the Federal Reserve Board, the Consumer Financial Protection Bureau and the New Hampshire Banking Department.

Last close 22.40 2026-10-23
Market cap $5.12B 2026-06-30 share count
52-week range 16.61 - 23.77

Valuation FY2025 figures against the last close

P/S38.2x
P/E52.1x
P/FCF11.8x
EV/EBITDA—
Dividend yield2.1%
Diluted EPS0.43

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue $134.1M$112.6M$76.9M$77.3M$69.4M$60.2M$156.2M$164.1M—
Interest expense $828.6M$607.6M$550.4M$568.1M$5.3M$12.1M$33.8M$25.1M—
Pre-tax income $99.5M$155.8M-$126.0M$238.2M$176.0M$16.6M$174.6M$157.6M—
Income tax $11.3M$36.2M$63.3M$51.7M$30.5M$7.8M$39.5M$34.9M—
Net income $88.2M$119.6M$232.2M$199.8M$154.7M$22.7M$135.1M$122.7M—
EPS, basic 0.430.661.431.210.900.130.000.00—
EPS, diluted 0.430.661.431.210.900.130.000.00—
Shares, diluted (wtd. avg.) 204.3M182.2M162.4M165.6M172.3M171.8M00—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $316.9M$1.01B$693.1M$169.5M$1.23B$2.05B$362.6M$259.7M$311.2M
Short-term investments $190.8M$914.3M$605.8M$63.5M$1.09B$1.94B$227.1M——
Property, plant and equipment $118.2M$64.6M$60.1M$62.5M$65.9M$48.7M$56.6M——
Goodwill $1.12B$915.0M$557.6M$557.6M$557.6M$369.5M$369.0M$369.0M—
Other intangibles $183.8M$135.2M$8.6M$10.4M$18.2M$7.1M$8.7M——
Total assets $30.59B$25.56B$21.13B$22.65B$23.51B$15.96B$11.63B$11.38B—
Total liabilities $26.25B$21.95B$18.16B$20.18B$20.11B$12.54B$10.03B$9.95B—
Retained earnings $2.07B$2.08B$2.05B$1.88B$1.77B$1.67B$1.64B——
Total equity $4.34B$3.61B$2.97B$2.47B$3.41B$3.43B$1.60B$1.43B$1.33B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow $432.4M$283.8M$261.7M$229.9M$174.5M$69.9M$196.2M$205.0M—
Depreciation and amortisation $46.9M$27.0M$12.3M$12.0M$11.9M$13.4M$19.5M$20.1M—
Stock-based compensation $16.9M$19.3M$16.0M$10.5M$0$0$0$0—
Investing cash flow -$364.0M$1.06B$2.40B-$1.08B-$1.99B-$2.39B-$145.3M-$647.1M—
Financing cash flow -$758.4M-$1.03B-$2.14B-$215.6M$989.0M$4.01B$51.9M$390.6M—
Dividends paid $105.7M$82.5M$66.7M$65.9M$51.6M$0$0——
Buybacks $106.6M$27.7M$0$201.6M$23.2M$0$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-013126.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 100M 200M 300M Revenue, FY2018: 164.1M Net income, FY2018: 122.7M Revenue, FY2019: 156.2M Net income, FY2019: 135.1M Revenue, FY2020: 60.2M Net income, FY2020: 22.7M Revenue, FY2021: 69.4M Net income, FY2021: 154.7M Revenue, FY2022: 77.3M Net income, FY2022: 199.8M Revenue, FY2023: 76.9M Net income, FY2023: 232.2M Revenue, FY2024: 112.6M Net income, FY2024: 119.6M Revenue, FY2025: 134.1M Net income, FY2025: 88.2M FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $164.1M $156.2M $60.2M $69.4M $77.3M $76.9M $112.6M $134.1M
Gross profit — — — — — — — — —
Net income — $122.7M $135.1M $22.7M $154.7M $199.8M $232.2M $119.6M $88.2M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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