Eastern Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	1,009	808.04	652.1	476.04	367.59
Interest Income on Investments	155	138.73	144.36	129.14	67.57
Total Interest Income	1,164	946.77	796.46	605.18	435.16
Interest Paid on Deposits	332.4	337.37	226.08	28.62	5.17
Interest Paid on Borrowings	3.2	1.8	19.98	8.51	0.17
Total Interest Expense	335.6	339.17	246.05	37.13	5.33
Net Interest Income	828.7	607.6	550.41	568.05	429.83
Net Interest Income Growth (YoY)	36.39%	10.39%	-3.11%	32.16%	7.12%
Trust Income	69.9	46.13	24.26	23.59	24.59
Gain (Loss) on Sale of Assets	-	-	-	1.4	1.4
Gain (Loss) on Sale of Investments	-269.6	-16.8	-333.17	-3.16	1.34
Other Non-Interest Income	56	63.51	45.77	24.27	42.41
Total Non-Interest Income	-105.8	123.92	-237.75	76.75	97.61
Non-Interest Income Growth (YoY)	-	-	-	-21.37%	-41.76%
Revenues Before Loan Losses	722.9	731.51	312.66	644.8	527.43
Provision for Loan Losses	26.2	67.38	20.05	17.93	-9.69
Revenue	696.7	664.13	292.6	626.88	537.12
Revenue Growth (YoY)	4.90%	126.97%	-53.32%	16.71%	1.33%
Salaries and Employee Benefits	336	261	229.86	212.67	218.22
Occupancy Expenses	45.6	25.62	20.79	22.18	22.69
Federal Deposit Insurance	14.6	13.87	21.87	6.25	4.23
Amortization of Goodwill & Intangibles	34.2	14.57	1.8	1.2	0.22
Selling, General & Administrative	102.8	133.91	113.23	113.73	100.18
Other Non-Interest Expense	24.8	22.74	25.56	32.62	15.6
Total Non-Interest Expense	597.2	471.7	413.11	388.65	361.13
EBT Excluding Unusual Items	99.5	192.43	-120.5	238.23	176
Pretax Income	99.5	155.77	-126	238.23	176
Income Tax Expense	11.3	36.21	-63.31	51.72	30.46
Earnings From Continuing Operations	88.2	119.56	-62.69	186.51	145.53
Earnings From Discontinued Operations	-	-	294.87	13.25	9.13
Net Income	88.2	119.56	232.18	199.76	154.67
Net Income to Common	88.2	119.56	232.18	199.76	154.67
Net Income Growth	-26.23%	-48.50%	16.23%	29.16%	580.21%
Basic Shares Outstanding	203	181	162	166	172
Diluted Shares Outstanding	204	182	162	166	172
Shares Change (YoY)	12.14%	12.18%	-1.96%	-3.83%	0.26%
EPS (Basic)	0.43	0.66	1.43	1.21	0.90
EPS (Diluted)	0.43	0.66	1.43	1.21	0.90
EPS Growth	-34.85%	-53.71%	18.12%	34.37%	590.93%
Dividend Per Share	0.510	0.450	0.410	0.400	0.300
Dividend Growth	13.33%	9.76%	2.50%	33.33%	-
Effective Tax Rate	11.36%	23.24%	-	21.71%	17.31%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.