Eastern Bankshares (EBC) financial statements
Eastern Bankshares reported revenue of $134M in fiscal 2025, down 2.8% a year over 7 years.
Net income was $88M.
The diluted share count rose 19% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Eastern Bankshares's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $164M | $156M | $155M | $69M | $77M | $77M | $113M | $134M |
| Operating income | — | $153M | $152M | $62M | — | — | — | — |
| Interest expense | $25M | $34M | $12M | $5M | $37M | $246M | — | — |
| Pre-tax income | $158M | $175M | $36M | $176M | $238M | -$126M | $156M | $100M |
| Income tax | $35M | $39M | $13M | $30M | $52M | -$63M | $36M | $11M |
| Net income | $123M | $135M | $23M | $155M | $200M | $232M | $120M | $88M |
| EPS (diluted) | $0.00 | $0.00 | $0.13 | $0.90 | $1.21 | $1.43 | $0.66 | $0.43 |
| Diluted shares | 0M | 0M | 172M | 172M | 166M | 162M | 182M | 204M |
| Operating margin | — | 97.9% | 98.4% | 88.8% | — | — | — | — |
| Net margin | 74.8% | 86.5% | 14.7% | 222.8% | 258.4% | 302.1% | 106.2% | 65.8% |
Balance sheet
Fiscal years, from Eastern Bankshares's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $260M | $363M | $2.1B | $1.2B | $170M | $693M | $1.0B | $317M |
| Property, plant and equipment | — | $57M | $49M | $81M | $62M | $60M | $65M | $118M |
| Goodwill | $369M | $369M | $369M | $558M | $558M | $558M | $915M | $1.1B |
| Total assets | $11.4B | $11.6B | $16.0B | $23.5B | $22.6B | $21.1B | $25.6B | $30.6B |
| Total liabilities | $9.9B | $10.0B | $12.5B | $20.1B | $20.2B | $18.2B | $21.9B | $26.2B |
| Shareholders' equity | $1.4B | $1.6B | $3.4B | $3.4B | $2.5B | $3.0B | $3.6B | $4.3B |
| Net debt | -$260M | -$363M | -$2.1B | -$1.2B | -$170M | -$693M | -$1.0B | -$317M |
Cash flow
Fiscal years, from Eastern Bankshares's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $205M | $196M | $70M | $174M | $230M | $262M | $284M | $432M |
| Stock-based compensation | $0 | $0 | $0 | $0 | $11M | $16M | $19M | $17M |
| Dividends paid | — | $0 | $0 | $52M | $66M | $67M | $83M | $106M |
| Share buybacks (net) | — | $0 | $0 | -$23M | -$202M | $0 | -$28M | -$107M |
| Dividends per share | — | — | — | $0.30 | $0.40 | $0.41 | $0.45 | $0.52 |
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What was Eastern Bankshares's revenue in 2025?
$134M in fiscal 2025, from its 10-K filing.
From Eastern Bankshares's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.