Eastern Bankshares, Inc.EBC

Market cap
$2.9B
P/E ratio
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Interest and fees on loans372368476652
Taxable interest and dividends on available for sale securities3258119101
Nontaxable Interest And Dividends On Available For Sale Securities8776
Interest on federal funds sold and other short-term investments--337
Interest and dividends on trading securities0---
Total interest and dividend income413435605796
Total interest and dividend income413435605796
Interest on deposits11529226
Interest on borrowings10920
Total interest expense12537246
Net interest income401430568550
Provision for (release of) allowance for loan losses--1820
Net interest income after provision for (release of) allowance for loan losses362440550530
Insurance commissions949599-
Service charges on deposit accounts22243029
Service charges on deposit accounts22243029
Trust and investment advisory fees21252424
Trust and investment advisory fees21252424
Debit card processing fees10121313
Debit card processing fees10121313
Interest rate swap income-1662
Interest rate swap income-1662
Income (losses) from investments held in rabbi trusts---9
Income From Investments Held In Rabbi Trusts1010-11-
Losses on sale of commercial and industrial loans----3
Trading Gain (Loss)-0---
Gain (Loss) on Sale of Mortgage Loans740-1
Gain (Loss) on Sale of Mortgage Loans740-1
Debt Securities, Available-for-Sale, Realized Gain (Loss)-1-3-333
Debt Securities, Available-for-Sale, Realized Gain (Loss)-1-3-333
Other15171821
Other15171821
Total noninterest (loss) income178193176-238
Total noninterest (loss) income178193176-238
Labor and Related Expense262296298253
Occupancy, Net34404136
Data processing45515755
Professional Fees19241717
Charitable contributions95---
Marketing99108
Marketing99108
Loan expenses7764
Loan expenses7764
FDIC insurance44622
FDIC insurance44622
Amortization of Intangible Assets3342
Amortization of Intangible Assets3342
Other2823121
Other2823121
Total noninterest expense505444470419
Total noninterest expense505444470419
(Loss) income from continuing operations before income tax expense36189257-126
Income tax (benefit) expense133457-63
Net income23155200232
Net (loss) income from continuing operations----63
Earnings Per Share, Basic0.130.91.211.43
Net income from discontinued operations---295
Earnings Per Share, Diluted0.130.91.211.43
Net income23155200232
Income (Loss) from Continuing Operations, Per Basic Share----0.39
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share---1.82
Basic earnings per share (in dollars per share)0.130.91.211.43
Income (Loss) from Continuing Operations, Per Diluted Share----0.39
Diluted earnings per share from discontinued operations (in dollars per share)---1.82
Diluted earnings per share (in dollars per share)0.130.91.211.43