Eastern Bankshares, Inc. income statement
In fiscal 2025, Eastern Bankshares, Inc. reported revenue of $723m, down 1.2% on the year before and net income of $88.2m, or $0.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 571 | 594 | 580 | 527 | 645 | 313 | 732 | 723 | 1,123 |
| Interest expense | 25 | 34 | 12 | 5 | 37 | 246 | — | — | — |
| Net interest income | 390 | 411 | 401 | 430 | 568 | 550 | 608 | 829 | 934 |
| Non-interest income | 181 | 182 | 178 | 97 | 77 | −238 | 124 | −106 | 188 |
| Non-interest expense | 398 | 413 | 505 | 361 | 389 | 419 | 508 | 597 | 696 |
| Provision for credit losses | 15 | 6 | 39 | −10 | 18 | 20 | 67 | 26 | 25 |
| Income before tax | 158 | 175 | 36 | 176 | 238 | −126 | 156 | 100 | 402 |
| Income tax | 35 | 39 | 13 | 30 | 52 | −63 | 36 | 11 | 26 |
| Net income | 123 | 135 | 23 | 155 | 200 | 232 | 120 | 88 | 376 |
| Diluted EPS | $0.00 | $0.00 | $0.13 | $0.90 | $1.21 | $1.43 | $0.66 | $0.43 | $1.75 |
| Diluted shares (average) | — | — | 172m | 172m | 166m | 162m | 182m | 204m | 215m |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 203 | 217 | 31 | 245 | 242 | 283 | 288 | 310 |
| Interest expense | 96 | — | — | — | — | — | — | — |
| Net interest income | 170 | 179 | 189 | 202 | 200 | 237 | 245 | 252 |
| Non-interest income | 34 | 37 | −236 | 43 | 41 | 46 | 44 | 58 |
| Non-interest expense | 160 | 138 | 130 | 137 | 140 | 189 | 199 | 168 |
| Provision for credit losses | 47 | 7 | 7 | 8 | 7 | 5 | 6 | 7 |
| Income before tax | −3 | 72 | −184 | 100 | 94 | 89 | 84 | 135 |
| Income tax | 3 | 11 | 34 | 0 | −12 | −10 | 19 | 30 |
| Net income | −6 | 61 | −218 | 100 | 106 | 100 | 65 | 105 |
| Diluted EPS | −$0.03 | $0.32 | −$1.08 | $0.50 | $0.53 | $0.49 | $0.29 | $0.48 |
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