Company Analysis

Eastern Bankshares, Inc. (EBC)

Nasdaq: EBC · Savings Institution, Federally Chartered · Boston, MA · filing with the SEC since 2020
Grade5.5
◀ Past 5.3● Present 5.0▶ Future 6.4

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018
Report filedMar 2, 2026Feb 27, 2025Feb 26, 2024Feb 24, 2023Feb 25, 2022Mar 29, 2021··
Revenue134,091112,61976,86677,299r69,423r154,745156,218164,053
For lenders
Interest and dividend income1,164,234946,766796,459605,181435,159413,328445,017415,166
Interest expense on deposits and borrowings335,649339,169246,05037,127····
Net interest income828,585607,597550,409568,054429,827401,251411,264390,044
Provision for credit losses····-9,68638,8006,30015,100
Net interest income after provision802,385540,217530,357550,129439,513362,451404,964374,944
Noninterest income-105,936123,917-237,75376,750r97,437r178,373182,299180,595
Noninterest expense596,943508,368418,602388,649r360,955r504,923412,684397,928
Total costs and expenses····7,7862,4933,215·
Interest expense··246,05037,1275,33212,07733,75325,122
Income before income taxes99,506155,766-125,998238,230r175,995r35,901174,579157,611
Income tax expense11,28736,205-63,30951,719r30,464r13,16339,48134,884
Income from continuing operations88,219119,561-62,689186,511145,531···
Income from discontinued operations00294,86613,2489,134···
Net income88,219119,561232,177199,759154,66522,738135,098122,727
Net income to common shareholders···199,759154,66522,738··
Earnings per share, basic0.430.661.431.210.900.130.000.00
Earnings per share, diluted0.430.661.431.210.900.130.000.00
Earnings per share, basic and diluted·····0.13··
Weighted average shares, basic203,174,651181,126,320162,293,020165,510,357172,192,336171,812,53500
Weighted average shares, diluted204,335,650182,181,073162,403,097165,648,571172,252,057171,812,535··
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton EBC · research, not advice