Eastern Bankshares, Inc. Annual Amortization of Intangible Assets in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Eastern Bankshares, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2018 to 2023.
  • Eastern Bankshares, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $504K, unchanged year-over-year.
  • Eastern Bankshares, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $2.02M, a 679% increase year-over-year.
  • Eastern Bankshares, Inc. annual Amortization of Intangible Assets for 2023 was $1.8M, a 50.6% increase from 2022.
  • Eastern Bankshares, Inc. annual Amortization of Intangible Assets for 2022 was $1.2M, a 447% increase from 2021.
  • Eastern Bankshares, Inc. annual Amortization of Intangible Assets for 2021 was $219K, a 63.3% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.8M +$606K +50.6% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $1.2M +$979K +447% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $219K -$377K -63.3% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $596K -$2.95M -83.2% Jan 1, 2020 Dec 31, 2020 8-K 2023-11-08
2019 $3.54M -$349K -8.97% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $3.89M Jan 1, 2018 Dec 31, 2018 10-K 2021-03-29
* An asterisk sign (*) next to the value indicates that the value is likely invalid.