Eastern Historical Income Statement

EBC Stock

USD 16.76 0.18 1.06%

Historical analysis of Eastern Bankshares income statement accounts such as Net Income Applicable To Common Shares of 241.2 M or Tax Provision of 18.6 M can show how well Eastern Bankshares performed in making a profits. Evaluating Eastern Bankshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eastern Bankshares's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Eastern Bankshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eastern Bankshares is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

About Eastern Income Statement Analysis

Eastern Bankshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Eastern Bankshares shareholders. The income statement also shows Eastern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Eastern Bankshares Income Statement Chart

At present, Eastern Bankshares' Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 241.2 M, whereas Income Tax Expense is projected to grow to (54.1 M).

Other Operating Expenses Selling General Administrative Selling And Marketing Expenses Total Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eastern Bankshares. It is also known as Eastern Bankshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Revenue

Total revenue comprises all receipts Eastern Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Eastern Bankshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eastern Bankshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.At present, Eastern Bankshares' Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 241.2 M, whereas Income Tax Expense is projected to grow to (54.1 M).

	2022	2023	2024	2025 (projected)
Interest Income	605.2M	767.8M	946.8M	633.0M
Net Interest Income	568.1M	567.1M	607.6M	530.4M

Interest Income Net Interest Income

Eastern Bankshares income statement Correlations

	Interest Expense	Other Operating Expenses	Income Tax Expense	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income
Interest Expense		0.41	-0.9	-0.65	-0.44	0.81	0.87	0.2	0.6	-0.79	0.79	0.79	-0.51	-0.41	-0.89	-0.61	-0.48	0.94	0.54	-0.5	-0.3	0.41
Other Operating Expenses	0.41		-0.24	-0.32	0.2	0.02	0.15	0.63	0.25	-0.28	-0.09	-0.09	-0.13	0.01	-0.4	-0.04	-0.1	0.41	0.4	0.05	0.0	-0.51
Income Tax Expense	-0.9	-0.24		0.68	0.66	-0.67	-0.79	-0.05	-0.58	0.76	-0.7	-0.7	0.74	0.65	0.95	0.79	0.42	-0.76	-0.64	0.73	0.38	-0.38
Minority Interest	-0.65	-0.32	0.68		0.0	-0.42	-0.47	-0.42	-0.35	0.43	-0.36	-0.36	0.13	0.05	0.53	0.16	0.16	-0.72	-0.35	0.08	0.22	-0.01
Tax Provision	-0.44	0.2	0.66	0.0		-0.32	-0.38	0.61	-0.43	0.51	-0.49	-0.49	0.91	0.93	0.68	0.93	0.31	-0.16	-0.4	0.97	0.29	-0.54
Net Interest Income	0.81	0.02	-0.67	-0.42	-0.32		0.94	0.02	0.61	-0.81	0.97	0.97	-0.26	-0.19	-0.66	-0.47	-0.7	0.85	0.21	-0.32	-0.29	0.59
Interest Income	0.87	0.15	-0.79	-0.47	-0.38	0.94		0.2	0.52	-0.76	0.89	0.89	-0.4	-0.29	-0.76	-0.55	-0.58	0.86	0.47	-0.42	-0.29	0.49
Depreciation And Amortization	0.2	0.63	-0.05	-0.42	0.61	0.02	0.2		-0.25	0.13	-0.2	-0.2	0.32	0.45	-0.04	0.37	0.22	0.34	0.41	0.45	0.04	-0.55
Selling General Administrative	0.6	0.25	-0.58	-0.35	-0.43	0.61	0.52	-0.25		-0.88	0.67	0.67	-0.42	-0.31	-0.6	-0.49	-0.77	0.55	-0.1	-0.38	-0.22	0.4
Selling And Marketing Expenses	-0.79	-0.28	0.76	0.43	0.51	-0.81	-0.76	0.13	-0.88		-0.83	-0.83	0.56	0.45	0.82	0.68	0.89	-0.73	-0.23	0.53	0.16	-0.4
Total Revenue	0.79	-0.09	-0.7	-0.36	-0.49	0.97	0.89	-0.2	0.67	-0.83		1.0	-0.37	-0.32	-0.67	-0.57	-0.71	0.78	0.14	-0.45	-0.28	0.73
Gross Profit	0.79	-0.09	-0.7	-0.36	-0.49	0.97	0.89	-0.2	0.67	-0.83	1.0		-0.37	-0.32	-0.67	-0.57	-0.71	0.78	0.14	-0.45	-0.28	0.73
Operating Income	-0.51	-0.13	0.74	0.13	0.91	-0.26	-0.4	0.32	-0.42	0.56	-0.37	-0.37		0.97	0.81	0.97	0.35	-0.22	-0.65	0.97	0.26	-0.21
Net Income From Continuing Ops	-0.41	0.01	0.65	0.05	0.93	-0.19	-0.29	0.45	-0.31	0.45	-0.32	-0.32	0.97		0.73	0.95	0.25	-0.12	-0.59	0.98	0.32	-0.23
Ebit	-0.89	-0.4	0.95	0.53	0.68	-0.66	-0.76	-0.04	-0.6	0.82	-0.67	-0.67	0.81	0.73		0.86	0.52	-0.73	-0.71	0.78	0.36	-0.25
Ebitda	-0.61	-0.04	0.79	0.16	0.93	-0.47	-0.55	0.37	-0.49	0.68	-0.57	-0.57	0.97	0.95	0.86		0.48	-0.35	-0.6	0.98	0.32	-0.36
Cost Of Revenue	-0.48	-0.1	0.42	0.16	0.31	-0.7	-0.58	0.22	-0.77	0.89	-0.71	-0.71	0.35	0.25	0.52	0.48		-0.46	0.02	0.32	-0.11	-0.32
Total Operating Expenses	0.94	0.41	-0.76	-0.72	-0.16	0.85	0.86	0.34	0.55	-0.73	0.78	0.78	-0.22	-0.12	-0.73	-0.35	-0.46		0.37	-0.22	-0.31	0.35
Reconciled Depreciation	0.54	0.4	-0.64	-0.35	-0.4	0.21	0.47	0.41	-0.1	-0.23	0.14	0.14	-0.65	-0.59	-0.71	-0.6	0.02	0.37		-0.59	-0.21	-0.19
Income Before Tax	-0.5	0.05	0.73	0.08	0.97	-0.32	-0.42	0.45	-0.38	0.53	-0.45	-0.45	0.97	0.98	0.78	0.98	0.32	-0.22	-0.59		0.33	-0.37
Total Other Income Expense Net	-0.3	0.0	0.38	0.22	0.29	-0.29	-0.29	0.04	-0.22	0.16	-0.28	-0.28	0.26	0.32	0.36	0.32	-0.11	-0.31	-0.21	0.33		-0.06
Net Income	0.41	-0.51	-0.38	-0.01	-0.54	0.59	0.49	-0.55	0.4	-0.4	0.73	0.73	-0.21	-0.23	-0.25	-0.36	-0.32	0.35	-0.19	-0.37	-0.06

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Eastern Bankshares Account Relationship Matchups

Eastern Bankshares income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	12.1M	5.3M	37.1M	246.1M	339.2M	356.1M
Other Operating Expenses	537.0M	427.8M	9.5M	7.6M	731.5M	768.1M
Net Income Applicable To Common Shares	135.1M	22.7M	154.7M	199.8M	229.7M	241.2M
Income Tax Expense	13.2M	34.0M	56.9M	(63.3M)	(57.0M)	(54.1M)
Tax Provision	13.2M	34.0M	56.9M	(52.4M)	36.2M	18.6M
Net Interest Income	401.3M	429.8M	568.1M	567.1M	607.6M	530.4M
Interest Income	413.3M	435.2M	605.2M	767.8M	946.8M	633.0M
Depreciation And Amortization	15.9M	14.5M	14.4M	1.8M	38.4M	19.6M
Selling General Administrative	310.8M	351.0M	304.4M	330.0M	316.2M	345.1M
Selling And Marketing Expenses	8.9M	8.7M	9.5M	7.6M	7.8M	7.2M
Total Revenue	572.9M	616.5M	737.8M	796.5M	731.5M	725.3M
Gross Profit	572.9M	616.5M	737.8M	796.5M	731.5M	725.3M
Operating Income	35.9M	188.7M	317.9M	(62.7M)	119.6M	109.3M
Net Income From Continuing Ops	22.7M	154.7M	199.8M	(40.0M)	119.6M	81.7M
Ebit	48.0M	197.1M	247.3M	(62.7M)	(56.4M)	(53.6M)
Ebitda	63.8M	211.6M	261.6M	(62.7M)	119.6M	113.2M
Total Operating Expenses	(537.0M)	(427.8M)	9.5M	7.6M	731.5M	768.1M
Reconciled Depreciation	27.9M	2.5M	3.9M	27.6M	38.4M	22.0M
Income Before Tax	35.9M	188.7M	256.7M	(126.0M)	119.6M	92.2M
Total Other Income Expense Net	(66.2M)	(7.3M)	(40.1M)	(63.3M)	(57.0M)	(54.1M)
Net Income	22.7M	154.7M	199.8M	294.9M	119.6M	164.9M

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When determining whether Eastern Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastern Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastern Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastern Bankshares Stock:

How To Invest In Eastern

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Is Eastern Stock a good investment?

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What is Eastern Bankshares' Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern Bankshares. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.85)

Dividend Share

0.45

Earnings Share

0.66

Revenue Per Share

3.667

Quarterly Revenue Growth

0.354

The market value of Eastern Bankshares is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Eastern Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern Bankshares' market value can be influenced by many factors that don't directly affect Eastern Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Eastern Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Eastern Historical Income Statement

About Eastern Income Statement Analysis

Eastern Bankshares Income Statement Chart

Other Operating Expenses

Total Revenue

Eastern Bankshares income statement Correlations

Eastern Bankshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastern Bankshares income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Income Before Tax	+ 0.98	Net Income From Continuing Ops
Income Before Tax	+ 0.98	Ebitda
Income Before Tax	+ 0.97	Tax Provision
Total Revenue	+ 0.97	Net Interest Income
Gross Profit	+ 0.97	Net Interest Income

Income Tax Expense	- 0.9	Interest Expense
Ebit	- 0.89	Interest Expense
Selling And Marketing Expenses	- 0.88	Selling General Administrative
Gross Profit	- 0.83	Selling And Marketing Expenses
Total Revenue	- 0.83	Selling And Marketing Expenses
Selling And Marketing Expenses	- 0.81	Net Interest Income