Eastern Bankshares, Inc. financial data

Symbol
EBC on Nasdaq
Industry
Savings Institution, Federally Chartered
Location
125 High Street, Ste 901, Oliver Street Tower, Boston, Massachusetts
State of incorporation
Massachusetts
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 680 % -13%
Return On Equity 17.1 %
Return On Assets 2.19 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 177M shares +0.17%
Common Stock, Shares, Outstanding 177M shares +0.17%
Entity Public Float 1.88B USD -34.3%
Common Stock, Value, Issued 1.77M USD +0.28%
Weighted Average Number of Shares Outstanding, Basic 163M shares +0.54%
Weighted Average Number of Shares Outstanding, Diluted 163M shares +0.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 79.6M USD +72%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 190M USD
Income Tax Expense (Benefit) 12.4M USD
Net Income (Loss) Attributable to Parent 465M USD
Earnings Per Share, Basic 2.87 USD/shares
Earnings Per Share, Diluted 2.87 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash, Cash Equivalents, and Short-term Investments 739M USD -65.4%
Deferred Income Tax Assets, Net 272M USD -13.3%
Property, Plant and Equipment, Net 59.8M USD -2.16%
Operating Lease, Right-of-Use Asset 49.9M USD -10.8%
Goodwill 558M USD 0%
Assets 21.2B USD -6.8%
Deferred Income Tax Liabilities, Net 32M USD -10.4%
Liabilities 18.2B USD -9.53%
Accumulated Other Comprehensive Income (Loss), Net of Tax -655M USD -7.38%
Retained Earnings (Accumulated Deficit) 2.07B USD +23.7%
Stockholders' Equity Attributable to Parent 2.95B USD +14.5%
Liabilities and Equity 21.2B USD -6.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.6M USD -67.6%
Net Cash Provided by (Used in) Financing Activities 57.2M USD
Net Cash Provided by (Used in) Investing Activities -43.8M USD -102%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 177M shares +0.17%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 45.9M USD -97.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 739M USD -65.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 63.2M USD +35.4%
Deferred Tax Assets, Valuation Allowance 17.4M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 298M USD -18.9%
Operating Lease, Liability 55M USD -7.57%
Depreciation 10.5M USD -1.87%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 420M USD -107%
Lessee, Operating Lease, Liability, to be Paid 66.4M USD +15.5%
Property, Plant and Equipment, Gross 156M USD +0.56%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.5M USD -13%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.5M USD -7.75%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +36.6%
Deferred Income Tax Expense (Benefit) 10.6M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.8M USD +101%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.14M USD -8.47%
Deferred Federal Income Tax Expense (Benefit) 1.22M USD
Current Income Tax Expense (Benefit) -45M USD -197%
Unrecognized Tax Benefits 3.5M USD -39.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.61M USD -17.1%
Additional Paid in Capital 1.67B USD +1.07%
Current State and Local Tax Expense (Benefit) -5.33M USD -153%
Current Federal Tax Expense (Benefit) -39.7M USD -209%
Amortization of Intangible Assets 2.02M USD +205%
Depreciation, Depletion and Amortization 3.33M USD +11.6%
Deferred Tax Assets, Net of Valuation Allowance 371M USD +175%
Deferred State and Local Income Tax Expense (Benefit) -19.5M USD -410%
Interest Expense 268M USD +218%