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EASTERN BANKSHARES, INC.

CIK: 1810546 SIC: 6035
$828.59M
Net Interest Income
$88.22M
Net Income
82.6%
Efficiency Ratio
2.71%
Net Int. Margin
2.0%
ROE
Financial Statements Annual (10-K)
Showing 6 of 6 annual reports available (2020 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Interest Income $1.16B $1.16B $946.77M $796.46M $605.18M $435.16M $413.33M
Interest Expense $335.65M $335.65M $339.17M $246.05M $37.13M $5.33M $12.08M
Net Interest Income $828.59M $828.59M $607.60M $550.41M $568.05M $429.83M $401.25M
Provision for Credit Losses - - - - - $-9.69M $38.80M
Net Interest Income After Provision $802.38M $802.38M $540.22M $530.36M $550.13M $439.51M $362.45M
Non-Interest Income $-105.94M $-105.94M $123.92M $-237.75M $176.16M $193.16M $178.37M
Service Charges & Fees $35.03M $35.03M $32.00M $28.63M $30.39M $24.27M $21.56M
Other Non-Interest Income - - $36.83M $21.46M $17.96M $16.85M $14.63M
Non-Interest Expense $596.94M $596.94M $508.37M $418.60M $469.60M $443.96M $504.92M
Compensation & Benefits $336.04M $336.04M $302.35M $253.04M $298.19M $295.92M $261.83M
Occupancy Expense $45.55M $45.55M $46.52M $35.99M $40.76M $40.47M $33.80M
Technology & Equipment $78.62M $78.62M $75.38M $55.31M $57.27M $50.84M $45.26M
Professional Fees $14.64M $14.64M $20.07M $17.39M $16.81M $24.48M $18.90M
Other Non-Interest Expense - - $27.79M $21.14M $30.53M $2.48M $27.67M
Income Before Tax $99.51M $99.51M $155.77M $-126.00M $256.69M $188.71M $35.90M
Income Tax Expense $11.29M $11.29M $36.20M $-63.31M $56.93M $34.05M $13.16M
Net Income $88.22M $88.22M $119.56M $232.18M $199.76M $154.66M $22.74M
Basic EPS 0.43 0.43 0.66 1.43 1.21 0.90 0.13
Diluted EPS 0.44 0.43 0.66 1.43 1.21 0.90 0.13
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Due from Banks $126.10M $92.59M $87.23M $106.04M $144.63M $116.59M
Investment Securities - AFS $3.83B $4.02B $4.41B $6.69B $8.51B $3.18B
Investment Securities - HTM $599.56M $420.71M $449.72M $476.65M - -
Loans & Leases (Gross) $23.09B $17.78B - - - -
Loans & Leases (Net) $22.75B $17.55B $13.80B $13.42B $12.16B $9.59B
Goodwill & Intangibles $1.12B $914.96M $557.63M - - -
Premises & Equipment $118.22M $64.55M $60.13M $62.49M - -
Other Assets $756.40M $667.47M $536.27M $461.58M $456.08M $455.95M
Total Assets $30.59B $25.56B $21.13B $22.65B $23.51B $15.96B
Total Deposits $25.47B $21.29B $17.60B $18.97B $19.63B $12.16B
Other Liabilities $560.61M $560.39M $513.99M $459.88M $443.19M $352.31M
Total Liabilities $26.25B $21.95B $18.16B $20.18B $20.11B $12.54B
Common Stock $2.36M $2.14M $1.77M $1.76M $1.86M $1.87M
Retained Earnings $2.07B $2.08B $2.05B $1.88B $1.77B $1.67B
AOCI $-227.36M $-584.33M $-608.35M $-923.19M $-56.70M $54.23M
Total Stockholders Equity $4.34B $3.61B $2.97B $2.47B $3.41B $3.43B
Total Liabilities & Equity $30.59B $25.56B $21.13B $22.65B $23.51B $15.96B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $88.22M $88.22M $119.56M $232.18M $199.76M $154.66M $22.74M
Depreciation & Amortization $78.84M $46.94M $27.03M $12.29M $14.96M $14.48M $15.83M
Deferred Taxes $-119.68M $-13.55M $36.06M $-18.27M $6.02M $-5.31M $-20.36M
Stock-based Compensation $30.66M $16.91M $19.27M $16.05M $10.51M $9.41M $2.35M
Net Change in Trading Assets - - - - - - $-961.00K
Net Change in Loans HFS $133.44M $141.31M $-784.00K $-3.40M $3.35M $47.00K $1.13M
Other Operating Adjustments $202.00K $-253.00K $-32.00K $25.00K $17.00K $-526.00K $-587.00K
Operating Cash Flow $650.94M $432.42M $283.84M $261.69M $229.94M $174.49M $69.85M
Purchases of Securities $4.09B $1.43B $199.53M - $740.77M $3.32B $2.11B
Sales of Securities $4.31B $1.64B $1.07B $1.90B $431.19M $23.80M $9.10M
Maturities of Securities $768.61M $465.39M $373.02M $423.88M $1.05B $939.58M $452.39M
Acquisitions - $1.41M $-24.88M - $13.40M $13.44M $1.36M
Investing Cash Flow $-851.10M $-364.02M $1.06B $2.40B $-1.08B $-1.99B $-2.39B
Common Stock Repurchased $204.97M $106.59M $27.68M - $201.62M $23.22M -
Dividends Paid $180.17M $105.72M $82.54M $66.67M $65.89M $51.56M -
Financing Cash Flow $-1.58B $-758.41M $-1.03B $-2.14B $-215.57M $988.98M $4.01B
Net Change in Cash $-1.78B $-690.01M $313.80M $523.57M $-1.06B $-822.28M $1.69B
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Interest Expense $82.77M $96.16M $230.41M $234.72M
Income Before Tax $93.97M $-3.35M $10.35M $83.59M
Income Tax Expense $-12.18M $2.83M $21.64M $24.80M
Net Income $106.14M $-6.19M $-11.29M $58.79M
Basic EPS 0.53 -0.03 -0.06 0.34
Diluted EPS 0.53 -0.03 -0.06 0.34
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Short-term Investments $293.04M $914.29M
Total Assets $25.46B $25.56B
Total Liabilities $21.65B $21.95B
Common Stock $2.12M $2.14M
Retained Earnings $2.00B $2.08B
Total Stockholders Equity $3.81B $3.61B
Total Liabilities & Equity $25.46B $25.56B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $106.14M $-6.19M $-11.29M $58.79M
Depreciation & Amortization - - $32.24M $17.01M
Stock-based Compensation - - $12.98M $13.58M
Deferred Income Tax - - $-26.38M $19.01M
Operating Cash Flow - - $328.34M $195.12M
Sales of Investments - - $350.11M $282.91M
Investing Cash Flow - - $-568.29M $1.09B
Stock Repurchased - - $51.93M $12.63M
Dividends Paid - - $76.24M $58.28M
Financing Cash Flow - - $-356.51M $-1.09B
Net Change in Cash - - $-596.47M $196.40M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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