What is Eastern Bankshares, Inc.'s earnings per share (EPS)?

Eastern Bankshares, Inc. (EBC) reported diluted earnings per share of $0.43 for fiscal year 2025. This represents a -34.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Eastern Bankshares, Inc. Financials

EBC

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Eastern Bankshares, Inc. (EBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EBC FY2025 2026-05-08

Eastern's balance-sheet growth financed by liabilities is outrunning asset productivity, so a larger bank is producing thinner returns.

From FY2023 to FY2025, total assets climbed from $21.1B to $30.6B. ROA still ended FY2025 at just 0.3%, so the bank got materially larger while earning less from each dollar it put on the balance sheet.

Liabilities supplied most of the FY2025 balance-sheet expansion: they rose by about $4.3B while equity increased roughly $728.6M. At the same time, retained earnings were essentially flat and share count moved higher, so the capital base was not being built mainly by profits left in the business.

Operating cash flow improved to $432.4M even as cash on hand fell to $316.9M. That gap tells you reported cash movement is being shaped by balance-sheet and financing decisions, including dividends and buybacks of about $212.3M, rather than by net income alone.

Financial Health Signals

Financial Profile 18/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Eastern Bankshares, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Eastern Bankshares, Inc.'s revenue surged 19.1% year-over-year to $134.1M, reflecting rapid business expansion. This strong growth earns a score of 87/100.

Leverage

Eastern Bankshares, Inc. has elevated debt relative to equity (D/E of 6.05), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Returns

Eastern Bankshares, Inc. generates a 2.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 19/100. This is down from 3.3% the prior year.

Piotroski F-Score Weak

3/9

Eastern Bankshares, Inc. passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

4.90x

For every $1 of reported earnings, Eastern Bankshares, Inc. generates $4.90 in operating cash flow ($432.4M OCF vs $88.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$134.1M

YoY+19.1%

5Y CAGR+17.4%

Eastern Bankshares, Inc. generated $134.1M in revenue in fiscal year 2025. This represents an increase of 19.1% from the prior year.

EBITDA

N/A

Net Income

$88.2M

YoY-26.2%

5Y CAGR+31.1%

Eastern Bankshares, Inc. reported $88.2M in net income in fiscal year 2025. This represents a decrease of 26.2% from the prior year.

EPS (Diluted)

$0.43

YoY-34.8%

5Y CAGR+27.0%

Eastern Bankshares, Inc. earned $0.43 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 34.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$316.9M

YoY-68.5%

5Y CAGR-31.2%

Eastern Bankshares, Inc. held $316.9M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.51

YoY+13.3%

Eastern Bankshares, Inc. paid $0.51 per share in dividends in fiscal year 2025. This represents an increase of 13.3% from the prior year.

Shares Outstanding

236M

YoY+10.2%

5Y CAGR+4.8%

Eastern Bankshares, Inc. had 236M shares outstanding in fiscal year 2025. This represents an increase of 10.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

65.8%

YoY-40.4pp

5Y CAGR+28.0pp

Eastern Bankshares, Inc.'s net profit margin was 65.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 40.4 percentage points from the prior year.

Return on Equity

2.0%

YoY-1.3pp

5Y CAGR+1.4pp

Eastern Bankshares, Inc.'s ROE was 2.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$106.6M

YoY+285.0%

Eastern Bankshares, Inc. spent $106.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 285.0% from the prior year.

Capital Expenditures

N/A

EBC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$134.1M+19.1%	$112.6M+46.5%	$76.9M-0.6%	$77.3M+11.3%	$69.4M+15.4%	$60.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$336.0M+16.8%	$287.6M+13.7%	$253.0M+8.6%	$233.1M+2.4%	$227.6M+13.1%	$201.2M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$335.6M-1.0%	$339.2M+37.8%	$246.1M+562.7%	$37.1M+596.3%	$5.3M-55.8%	$12.1M
Income Tax	$11.3M-68.8%	$36.2M+157.2%	-$63.3M-222.4%	$51.7M+69.8%	$30.5M+291.7%	$7.8M
Net Income	$88.2M-26.2%	$119.6M-48.5%	$232.2M+16.2%	$199.8M+29.2%	$154.7M+580.2%	$22.7M
EPS (Diluted)	$0.43-34.8%	$0.66-53.8%	$1.43+18.2%	$1.21+34.4%	$0.90+592.3%	$0.13

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$37.2M-0.8%	$37.5M+13.6%	$33.0M+1.4%	$32.5M+4.5%	$31.1M-6.2%	$33.2M+10.2%	$30.1M+4.3%	$28.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$102.2M+11.6%	$91.5M+9.0%	$84.0M+4.1%	$80.7M+1.0%	$79.9M+2.8%	$77.7M-3.6%	$80.6M+24.3%	$64.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$94.9M-3.9%	$98.8M+19.3%	$82.8M+7.1%	$77.3M+0.7%	$76.8M-16.1%	$91.6M-4.8%	$96.2M+22.1%	$78.7M
Income Tax	$18.6M+279.4%	-$10.3M+15.0%	-$12.2M-14096.6%	$87K-99.7%	$33.7M+195.7%	$11.4M+302.4%	$2.8M-75.7%	$11.7M
Net Income	$65.3M-34.4%	$99.5M-6.3%	$106.1M+5.9%	$100.2M+146.0%	-$217.7M-458.2%	$60.8M+1082.1%	-$6.2M-123.5%	$26.3M
EPS (Diluted)	$0.29	N/A	$0.53+6.0%	$0.50+146.3%	$-1.08	N/A	$-0.03-118.8%	$0.16

EBC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$30.6B+19.7%	$25.6B+20.9%	$21.1B-6.7%	$22.6B-3.7%	$23.5B+47.3%	$16.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$316.9M-68.5%	$1.0B+45.3%	$693.1M+308.9%	$169.5M-86.2%	$1.2B-40.0%	$2.1B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.1B+22.1%	$915.0M+64.1%	$557.6M0.0%	$557.6M0.0%	$557.6M+50.9%	$369.5M
Total Liabilities	$26.2B+19.6%	$21.9B+20.9%	$18.2B-10.0%	$20.2B+0.3%	$20.1B+60.4%	$12.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.3B+20.2%	$3.6B+21.4%	$3.0B+20.4%	$2.5B-27.4%	$3.4B-0.6%	$3.4B
Retained Earnings	$2.1B-0.8%	$2.1B+1.8%	$2.0B+8.8%	$1.9B+6.4%	$1.8B+6.2%	$1.7B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$30.6B+0.1%	$30.6B+20.1%	$25.5B0.0%	$25.5B+1.9%	$25.0B-2.2%	$25.6B+0.2%	$25.5B+21.2%	$21.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$331.6M+4.6%	$316.9M-22.8%	$410.4M-25.9%	$553.5M+50.1%	$368.8M-63.4%	$1.0B+13.2%	$889.5M+18.5%	$750.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	$1.1B	N/A	N/A	N/A	$915.0M0.0%	$915.0M	N/A
Total Liabilities	$26.3B+0.4%	$26.2B+21.2%	$21.7B-0.6%	$21.8B+1.7%	$21.4B-2.5%	$21.9B+0.5%	$21.8B+20.8%	$18.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.3B-1.3%	$4.3B+14.1%	$3.8B+3.3%	$3.7B+2.8%	$3.6B-0.8%	$3.6B-1.6%	$3.7B+23.7%	$3.0B
Retained Earnings	$2.1B+1.8%	$2.1B+3.5%	$2.0B+4.2%	$1.9B+4.0%	$1.8B-11.6%	$2.1B+1.8%	$2.0B-1.4%	$2.1B

EBC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$432.4M+52.3%	$283.8M+8.5%	$261.7M+13.8%	$229.9M+31.8%	$174.5M+149.8%	$69.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$364.0M-134.4%	$1.1B-55.9%	$2.4B+322.9%	-$1.1B+45.8%	-$2.0B+16.9%	-$2.4B
Financing Cash Flow	-$758.4M+26.3%	-$1.0B+51.9%	-$2.1B-891.9%	-$215.6M-121.8%	$989.0M-75.3%	$4.0B
Dividends Paid	$105.7M+28.1%	$82.5M+23.8%	$66.7M+1.2%	$65.9M+27.8%	$51.6M	$0
Share Buybacks	$106.6M+285.0%	$27.7M	$0-100.0%	$201.6M+768.1%	$23.2M	$0

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$9.5M-109.1%	$104.1M-33.8%	$157.1M+26.9%	$123.9M+161.8%	$47.3M-46.7%	$88.7M-18.1%	$108.3M+99.4%	$54.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$12.9M-106.3%	$204.3M+225.7%	-$162.6M+49.9%	-$324.4M-298.8%	-$81.3M-172.5%	-$29.9M-102.9%	$1.0B+844.6%	$108.5M
Financing Cash Flow	$37.0M+109.2%	-$401.9M-191.9%	-$137.7M-135.7%	$385.2M+163.8%	-$604.1M-1131.9%	$58.5M+105.9%	-$994.2M-558.8%	-$150.9M
Dividends Paid	$28.8M-2.3%	$29.5M+13.9%	$25.9M-1.5%	$26.3M+9.0%	$24.1M-0.7%	$24.3M+9.2%	$22.2M+22.2%	$18.2M
Share Buybacks	$73.4M+34.2%	$54.7M	$0-100.0%	$5.5M-88.2%	$46.5M+208.6%	$15.1M+19.2%	$12.6M	$0

EBC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	65.8%-40.4pp	106.2%-195.9pp	302.1%+43.6pp	258.4%+35.6pp	222.8%+185.0pp	37.8%
Return on Equity	2.0%-1.3pp	3.3%-4.5pp	7.8%-0.3pp	8.1%+3.5pp	4.5%+3.9pp	0.7%
Return on Assets	0.3%-0.2pp	0.5%-0.6pp	1.1%+0.2pp	0.9%+0.2pp	0.7%+0.5pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.05-0.0	6.08-0.0	6.10-2.1	8.16+2.3	5.90+2.2	3.66
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	175.7%-90.0pp	265.6%-56.3pp	321.9%+13.8pp	308.2%+1007.4pp	-699.2%-882.3pp	183.1%+203.6pp	-20.5%-111.7pp	91.2%
Return on Equity	1.5%-0.8pp	2.3%-0.5pp	2.8%+0.1pp	2.7%+8.8pp	-6.1%-7.8pp	1.7%+1.8pp	-0.2%-1.1pp	0.9%
Return on Assets	0.2%-0.1pp	0.3%-0.1pp	0.4%+0.0pp	0.4%+1.3pp	-0.9%-1.1pp	0.2%+0.3pp	-0.0%-0.1pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.15+0.1	6.05+0.4	5.69-0.2	5.91-0.1	5.97-0.1	6.08+0.1	5.95-0.1	6.09
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Eastern Bankshares, Inc.'s annual revenue?

Eastern Bankshares, Inc. (EBC) reported $134.1M in total revenue for fiscal year 2025. This represents a 19.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Eastern Bankshares, Inc.'s revenue growing?

Eastern Bankshares, Inc. (EBC) revenue grew by 19.1% year-over-year, from $112.6M to $134.1M in fiscal year 2025.

Is Eastern Bankshares, Inc. profitable?

Yes, Eastern Bankshares, Inc. (EBC) reported a net income of $88.2M in fiscal year 2025, with a net profit margin of 65.8%.

What is Eastern Bankshares, Inc.'s net profit margin?

Eastern Bankshares, Inc. (EBC) had a net profit margin of 65.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Eastern Bankshares, Inc. pay dividends?

Yes, Eastern Bankshares, Inc. (EBC) paid $0.51 per share in dividends during fiscal year 2025.

What is Eastern Bankshares, Inc.'s return on equity (ROE)?

Eastern Bankshares, Inc. (EBC) has a return on equity of 2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Eastern Bankshares, Inc.'s operating cash flow?

Eastern Bankshares, Inc. (EBC) generated $432.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Eastern Bankshares, Inc.'s total assets?

Eastern Bankshares, Inc. (EBC) had $30.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Eastern Bankshares, Inc. buy back shares?

Yes, Eastern Bankshares, Inc. (EBC) spent $106.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Eastern Bankshares, Inc. have outstanding?

Eastern Bankshares, Inc. (EBC) had 236M shares outstanding as of fiscal year 2025.

What is Eastern Bankshares, Inc.'s debt-to-equity ratio?

Eastern Bankshares, Inc. (EBC) had a debt-to-equity ratio of 6.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Eastern Bankshares, Inc.'s return on assets (ROA)?

Eastern Bankshares, Inc. (EBC) had a return on assets of 0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Eastern Bankshares, Inc.'s Piotroski F-Score?

Eastern Bankshares, Inc. (EBC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Eastern Bankshares, Inc.'s earnings high quality?

Eastern Bankshares, Inc. (EBC) has an earnings quality ratio of 4.90x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Eastern Bankshares, Inc.?

Eastern Bankshares, Inc. (EBC) scores 18 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.