Eastern Bankshares, Inc. (EBC)

Eastern Bankshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	948.54	808.04	652.1	476.04	367.59	372.15
Interest Income on Investments	150.43	138.73	144.36	129.14	67.57	41.18
Total Interest Income	1,099	946.77	796.46	605.18	435.16	413.33
Interest Paid on Deposits	326.17	337.37	226.08	28.62	5.17	11.32
Interest Paid on Borrowings	2.3	1.8	19.98	8.51	0.17	0.76
Total Interest Expense	328.47	339.17	246.05	37.13	5.33	12.08
Net Interest Income	770.5	607.6	550.41	568.05	429.83	401.25
Net Interest Income Growth (YoY)	37.17%	10.39%	-3.11%	32.16%	7.12%	-2.44%
Trust Income	69.23	46.13	24.26	23.59	24.59	21.1
Income From Trading Activities	-	-	-	-	-	-0
Gain (Loss) on Sale of Assets	-	-	-	1.4	1.4	-
Gain (Loss) on Sale of Investments	-278.8	-16.8	-333.17	-3.16	1.34	-10.49
Other Non-Interest Income	61.91	63.51	45.77	24.27	42.41	128.36
Total Non-Interest Income	-114.58	123.92	-237.75	76.75	97.61	167.59
Non-Interest Income Growth (YoY)	-	-	-	-21.37%	-41.76%	-8.07%
Revenues Before Loan Losses	655.91	731.51	312.66	644.8	527.43	568.85
Provision for Loan Losses	28.08	67.38	20.05	17.93	-9.69	38.8
Revenue	627.83	664.13	292.6	626.88	537.12	530.05
Revenue Growth (YoY)	3.05%	126.97%	-53.32%	16.71%	1.33%	-9.74%
Salaries and Employee Benefits	295.6	261	229.86	212.67	218.22	259.48
Occupancy Expenses	28.12	25.62	20.79	22.18	22.69	17.41
Federal Deposit Insurance	14.47	13.87	21.87	6.25	4.23	3.73
Amortization of Goodwill & Intangibles	30.77	14.57	1.8	1.2	0.22	2.86
Selling, General & Administrative	141.91	133.91	113.23	113.73	100.18	89.32
Other Non-Interest Expense	25.14	22.74	25.56	32.62	15.6	26.08
Total Non-Interest Expense	508.7	471.7	413.11	388.65	361.13	494.14
EBT Excluding Unusual Items	119.13	192.43	-120.5	238.23	176	35.9
Pretax Income	82.47	155.77	-126	238.23	176	35.9
Income Tax Expense	33.01	36.21	-63.31	51.72	30.46	13.16
Earnings From Continuing Operations	49.46	119.56	-62.69	186.51	145.53	22.74
Earnings From Discontinued Operations	-	-	294.87	13.25	9.13	-
Net Income	49.46	119.56	232.18	199.76	154.67	22.74
Net Income to Common	49.46	119.56	232.18	199.76	154.67	22.74
Net Income Growth	-86.89%	-48.50%	16.23%	29.16%	580.21%	-83.17%
Basic Shares Outstanding	200	181	162	166	172	172
Diluted Shares Outstanding	200	182	162	166	172	172
Shares Change (YoY)	16.41%	12.18%	-1.96%	-3.83%	0.26%	-
EPS (Basic)	0.25	0.66	1.43	1.21	0.90	0.13
EPS (Diluted)	0.24	0.66	1.43	1.21	0.90	0.13
EPS Growth	-88.91%	-53.71%	18.12%	34.37%	590.93%	-
Dividend Per Share	0.120	0.450	0.410	0.400	0.300	-
Dividend Growth	-72.73%	9.76%	2.50%	33.33%	-	-
Effective Tax Rate	40.02%	23.24%	-	21.71%	17.31%	36.66%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q