Eastern Bankshares Financial Statements
NASDAQ: EBCFinanceSavings InstitutionsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Eastern Bankshares revenue and earnings
In fiscal 2025, Eastern Bankshares generated $134.1 million in revenue, up 19.1% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $88.2 million (-26.2% year over year), for a net margin of 65.8% versus a median of 222.8% in the prior 5 years. Diluted earnings per share came in at $0.43, down from $0.66.
Over the last 5 fiscal years, EBC's revenue has grown at a -2.8% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Eastern Bankshares income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 134.09M | 112.62M | 76.87M | 77.30M | 69.42M | 154.75M | 156.22M | 164.05M |
| Revenue growth (YoY) | +19.07% | +46.51% | -0.56% | +11.34% | -55.14% | -0.94% | -4.78% | — |
| Operating Expenses | 596.94M | 508.37M | 418.60M | 388.65M | 360.95M | 504.92M | 412.68M | 397.93M |
| Interest Expense | 335.65M | 339.17M | 246.05M | 37.13M | 5.33M | 12.08M | 33.75M | 25.12M |
| Pretax Income | 99.51M | 155.77M | -126.00M | 238.23M | 176.00M | 35.90M | 174.58M | 157.61M |
| Income Tax | 11.29M | 36.20M | -63.31M | 51.72M | 30.46M | 13.16M | 39.48M | 34.88M |
| Net Income | 88.22M | 119.56M | 232.18M | 199.76M | 154.66M | 22.74M | 135.10M | 122.73M |
| Net Income growth (YoY) | -26.21% | -48.50% | +16.23% | +29.16% | +580.20% | -83.17% | +10.08% | — |
| EPS (Basic) | 0.43 | 0.66 | 1.43 | 1.21 | 0.90 | 0.13 | 0.00 | 0.00 |
| EPS (Diluted) | 0.43 | 0.66 | 1.43 | 1.21 | 0.90 | 0.13 | 0.00 | 0.00 |
| Shares Outstanding (Basic) | 203.17M | 181.13M | 162.29M | 165.51M | 172.19M | 171.81M | 0 | 0 |
| Shares Outstanding (Diluted) | 204.34M | 182.18M | 162.40M | 165.65M | 172.25M | 171.81M | — | — |
| Net Margin | 65.79% | 106.16% | 302.05% | 258.42% | 222.79% | 14.69% | 86.48% | 74.81% |
This table shows 8 annual periods of Eastern Bankshares's income statement, from FY 2025 back to FY 2018, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow EBC's reporting calendar. What is a income statement?