Eastern Bankshares, Inc. balance sheet
At the end of fiscal 2025, Eastern Bankshares, Inc. had total assets of $30.59bn, total liabilities of $26.25bn and shareholders' equity of $4.34bn. It held $317m in cash against $215m of debt.
Balance sheet
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.3 | 0.4 | 2.1 | 1.2 | 0.2 | 0.7 | 1.0 | 0.3 | 0.3 |
| Goodwill | 0.4 | 0.4 | 0.4 | 0.6 | 0.6 | 0.6 | 0.9 | 1.1 | — |
| Total assets | 11.4 | 11.6 | 16.0 | 23.5 | 22.6 | 21.1 | 25.6 | 30.6 | 31.1 |
| Total debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | 0.0 | 0.1 | 0.2 | 0.4 |
| Total liabilities | 9.9 | 10.0 | 12.5 | 20.1 | 20.2 | 18.2 | 21.9 | 26.2 | 26.9 |
| Shareholders' equity | 1.4 | 1.6 | 3.4 | 3.4 | 2.5 | 3.0 | 3.6 | 4.3 | 4.3 |
| Shares outstanding | — | — | 187m | 186m | 176m | 176m | 214m | 236m | 229m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 0.9 | 0.9 | — | — | — | 1.1 | — | — |
| Total assets | 25.5 | 25.6 | 25.0 | 25.5 | 25.5 | 30.6 | 30.6 | 31.1 |
| Total liabilities | 21.8 | 21.9 | 21.4 | 21.8 | 21.7 | 26.2 | 26.3 | 26.9 |
| Shareholders' equity | 3.7 | 3.6 | 3.6 | 3.7 | 3.8 | 4.3 | 4.3 | 4.3 |
| Shares outstanding | 215m | 214m | 212m | 211m | 212m | 236m | 232m | 229m |
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