Eastern Bankshares, Inc. (EBC)

Eastern Bankshares Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	641.94	292.6	626.88	536.95	540.82	587.26
Revenue Growth (YoY)	92.33%	-53.32%	16.75%	-0.72%	-7.91%	5.71%
Gross Profit	641.94	292.6	626.88	536.95	540.82	587.26
Selling, General & Admin	377.88	351.93	332.77	319.8	349.76	344.25
Other Operating Expenses	67.75	66.67	55.88	41.16	155.16	68.43
Operating Expenses	445.63	418.6	388.65	360.96	504.92	412.68
Operating Income	196.31	-126	238.23	176	35.9	174.58
Other Expense / Income	-282.64	-294.87	-13.25	-9.13	-	-
Pretax Income	478.96	168.87	251.48	185.13	35.9	174.58
Income Tax	14.04	-63.31	51.72	30.46	13.16	39.48
Net Income	464.92	232.18	199.76	154.67	22.74	135.1
Net Income Growth	-	16.23%	29.16%	580.20%	-83.17%	10.08%
Shares Outstanding (Basic)	176	176	177	187	187	-
Shares Change	0.14%	-0.14%	-5.40%	-	-	-
EPS (Basic)	2.86	1.43	1.21	0.90	0.13	-
EPS (Diluted)	2.86	1.43	1.21	0.90	0.13	-
EPS Growth	-	18.18%	34.44%	592.31%	-	-
Free Cash Flow	184.33	253.55	238.63	190.74	64.71	189.04
Free Cash Flow Per Share	1.04	1.44	1.35	1.02	0.35	-
Dividend Per Share	0.200	0.300	0.400	0.300	-	-
Dividend Growth	-50.00%	-25.00%	33.33%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	30.58%	-43.06%	38.00%	32.78%	6.64%	29.73%
Profit Margin	72.42%	79.35%	31.87%	28.80%	4.20%	23.00%
Free Cash Flow Margin	28.71%	86.65%	38.07%	35.52%	11.96%	32.19%
Effective Tax Rate	2.93%	-37.49%	20.57%	16.46%	36.66%	22.61%
EBITDA	501.83	192.51	274.9	208.01	63.81	194.06
EBITDA Margin	78.17%	65.79%	43.85%	38.74%	11.80%	33.04%
Depreciation & Amortization	22.87	23.64	23.42	22.88	27.91	19.48
EBIT	478.96	168.87	251.48	185.13	35.9	174.58
EBIT Margin	74.61%	57.71%	40.12%	34.48%	6.64%	29.73%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).