Eastern Bankshares, Inc.EBC

Market cap

$4B

P/E ratio

	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and due from banks	117	145	106	87	93
Short-term investments	1,937	1,087	63	606	914
Cash and cash equivalents	2,054	1,232	170	693	1,007
Debt Securities, Available-for-Sale, Excluding Accrued Interest	-	-	6,691	4,408	4,022
Held to maturity (fair value $371,724 and $404,822, respectively)	-	-	477	450	421
Total securities	-	-	-	-	4,442
Loans held for sale	-	1	5	1	0
Total loans	-	12,282	13,576	13,973	18,079
Allowance for loan losses	-	98	142	149	229
Unearned discounts and deferred fees, net	-	-26	-13	-25	-301
Net loans	-	12,157	13,420	13,799	17,549
Federal Home Loan Bank Stock	9	11	41	6	6
Premises and equipment	49	81	63	-	67
Bank-owned life insurance	79	157	161	165	205
Goodwill and other intangibles, net	377	650	661	566	1,050
Deferred income taxes, net	13	77	332	266	332
Prepaid Expense	149	179	166	183	232
Other assets	456	456	462	536	667
Total assets	15,964	23,512	22,647	21,133	25,558
Demand	4,911	7,021	6,241	5,162	5,992
Interest checking accounts	2,380	4,479	4,568	3,737	4,606
Savings accounts	1,257	2,077	1,831	1,323	1,621
Money market investment	3,349	5,525	4,710	4,664	5,736
Time Deposits	259	526	1,624	2,709	3,336
Total deposits	12,156	19,628	18,974	17,596	21,292
Escrow deposits of borrowers	13	20	22	22	28
Interest rate swap collateral funds	-	-	14	9	49
Federal Home Loan Bank advances	15	14	13	18	18
Total borrowed funds	-	-	741	48	94
Other liabilities	352	443	460	514	560
Total liabilities	12,536	20,106	20,175	18,158	21,946
Common Stock, Value, Issued	2	2	2	2	2
Additional paid in capital	1,854	1,835	1,649	1,666	2,237
Unallocated common shares held by the Employee Stock Ownership Plan	148	143	138	133	128
Retained earnings	1,666	1,769	1,882	2,048	2,085
Accumulated other comprehensive income, net of tax	54	-57	-923	-608	-584
Total shareholders’ equity	3,428	3,406	2,472	2,975	3,612
Total liabilities and shareholders’ equity	15,964	23,512	22,647	21,133	25,558