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
Interest and fees on loans	372	368	476	652	808
Taxable interest and dividends on securities	32	58	119	101	91
Non-taxable interest and dividends on securities	8	7	7	6	6
Interest on federal funds sold and other short-term investments	-	-	3	37	42
Total interest and dividend income	413	435	605	796	947
Interest on deposits	11	5	29	226	337
Interest on borrowings	1	0	9	20	2
Total interest expense	-	-	-	-	339
Net interest income	401	430	568	550	608
Provision for allowance for loan losses	-	-	18	20	67
Net interest income after provision for allowance for loan losses	362	440	550	530	540
Trust and investment advisory fees	21	25	24	24	46
Service charges on deposit accounts	22	24	30	29	32
Debit card processing fees	10	12	13	13	14
Interest rate swap income	-1	6	6	2	3
Income (losses) from investments held in rabbi trusts	-	-	-	9	10
Losses on sale of commercial and industrial loans	-	-	-	-3	-
Gain (Loss) on Sale of Mortgage Loans	7	4	0	-1	-1
Losses on sales of securities available for sale, net	-	1	-3	-333	-17
Other	15	17	18	21	37
Total noninterest income (loss)	178	193	176	-238	124
Labor and Related Expense	262	296	298	253	302
Occupancy, Net	34	40	41	36	47
Data processing	45	51	57	55	75
Professional Fees	19	24	17	17	20
Marketing	9	9	10	8	8
FDIC insurance	4	4	6	22	14
Amortization of Intangible Assets	3	3	4	2	15
Other	28	2	31	21	28
Total noninterest expense	505	444	470	419	508
Income (loss) from continuing operations before income tax expense	36	189	257	-126	156
Income tax expense (benefit)	13	34	57	-63	36
Net income (loss) from continuing operations	-	-	-	-63	120
Net income from discontinued operations	-	-	-	295	-
Net income	23	155	200	232	120
Income (Loss) from Continuing Operations, Per Basic Share	-	-	-	-0.39	0.66
Basic earnings per share from discontinued operations (in dollars per share)	-	-	-	1.82	-
Basic earnings per share (in dollars per share)	0.13	0.9	1.21	1.43	0.66
Income (Loss) from Continuing Operations, Per Diluted Share	-	-	-	-0.39	0.66
Diluted earnings per share from discontinued operations (in dollars per share)	-	-	-	1.82	-
Diluted earnings per share (in dollars per share)	0.13	0.9	1.21	1.43	0.66