EBC
Income statement / Annual
Last year (2024), Eastern Bankshares, Inc.'s total revenue was $1.07 B,
an increase of 91.64% from the previous year.
In 2024, Eastern Bankshares, Inc.'s net income was $119.56 M.
See Eastern Bankshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$1.07 B |
$558.71 M |
$681.93 M |
$523.48 M |
$582.52 M |
$622.72 M |
$591.91 M |
| Cost of Revenue |
$406.55 M
|
$266.10 M
|
$55.05 M
|
-$4.35 M
|
$50.88 M
|
$40.05 M
|
$40.22 M
|
| Gross Profit |
$664.13 M
|
$292.60 M
|
$626.88 M
|
$527.84 M
|
$531.64 M
|
$582.67 M
|
$551.69 M
|
| Gross Profit Ratio |
0.62
|
0.52
|
0.92
|
1.01
|
0.91
|
0.94
|
0.93
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$316.21 M
|
$274.91 M
|
$239.35 M
|
$231.85 M
|
$265.56 M
|
$254.12 M
|
$243.53 M
|
| Selling & Marketing Expenses |
$7.82 M
|
$7.59 M
|
$9.29 M
|
$8.50 M
|
$8.88 M
|
$9.62 M
|
$11.10 M
|
| Selling, General & Administrative Expenses |
$324.04 M
|
$282.50 M
|
$248.64 M
|
$240.35 M
|
$274.44 M
|
$263.74 M
|
$254.63 M
|
| Other Expenses |
$184.33 M
|
$136.10 M
|
$140.01 M
|
$111.49 M
|
$221.30 M
|
$144.36 M
|
$139.45 M
|
| Operating Expenses |
$508.37 M
|
$418.60 M
|
$388.65 M
|
$351.84 M
|
$495.74 M
|
$408.09 M
|
$394.08 M
|
| Cost And Expenses |
$914.92 M
|
$684.70 M
|
$443.70 M
|
$347.49 M
|
$546.62 M
|
$448.14 M
|
$434.30 M
|
| Interest Income |
$946.77 M
|
$796.46 M
|
$605.18 M
|
$435.16 M
|
$413.33 M
|
$445.02 M
|
$415.17 M
|
| Interest Expense |
$339.17 M
|
$246.05 M
|
$37.13 M
|
$5.33 M
|
$12.08 M
|
$33.75 M
|
$25.12 M
|
| Depreciation & Amortization |
$38.38 M
|
$23.64 M
|
$23.42 M
|
$22.88 M
|
$27.91 M
|
$19.44 M
|
$20.09 M
|
| EBITDA |
$194.14 M |
-$102.36 M |
$261.65 M |
$198.88 M |
$63.81 M |
$194.06 M |
$177.68 M |
| EBITDA Ratio |
0.18
|
-0.18
|
0.38
|
0.38
|
0.11
|
0.31
|
0.3
|
| Operating Income Ratio |
0.15
|
-0.23
|
0.35
|
0.34
|
0.06
|
0.28
|
0.27
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$155.77 M
|
-$126.00 M
|
$238.23 M
|
$176.00 M
|
$35.90 M
|
$174.58 M
|
$157.61 M
|
| Income Before Tax Ratio |
0.15
|
-0.23
|
0.35
|
0.34
|
0.06
|
0.28
|
0.27
|
| Income Tax Expense |
$36.21 M
|
-$63.31 M
|
$51.72 M
|
$30.46 M
|
$13.16 M
|
$39.48 M
|
$34.88 M
|
| Net Income |
$119.56 M
|
$232.18 M
|
$199.76 M
|
$154.67 M
|
$22.74 M
|
$135.10 M
|
$122.73 M
|
| Net Income Ratio |
0.11
|
0.42
|
0.29
|
0.3
|
0.04
|
0.22
|
0.21
|
| EPS |
0.66 |
1.43 |
1.21 |
0.9 |
0.13 |
0.64 |
0.58 |
| EPS Diluted |
0.66 |
1.43 |
1.21 |
0.9 |
0.13 |
0.64 |
0.58 |
| Weighted Average Shares Out |
$181.13 M
|
$162.29 M
|
$165.51 M
|
$172.19 M
|
$171.81 M
|
$210.09 M
|
$210.09 M
|
| Weighted Average Shares Out Diluted |
$182.18 M
|
$162.40 M
|
$165.65 M
|
$172.25 M
|
$171.81 M
|
$210.09 M
|
$210.09 M
|
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