Eastern Bankshares
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Eastern Bankshares generated cash of $261,692,000, which is more than the previous year. Cash used in financing activities reached the amount of -$2,138,386,000 last year. Net change in cash is therefore $523,571,000.
Cash Flow
| 2018 | 205.00M | -647.10M | 390.65M |
|---|---|---|---|
| 2019 | 195.87M | -145.27M | 52.29M |
| 2020 | 69.85M | -2.39B | 4.01B |
| 2021 | 174.49M | -1.98B | 988.97M |
| 2022 | 229.94M | -1.07B | -215.57M |
| 2023 | 261.69M | 2.40B | -2.13B |
EBC Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 169.50M | 1.23B | 2.05B | 362.60M | 259.70M | 311.15M |
Operating activities | ||||||
Net income | -62.68M | 199.75M | 154.66M | 22.73M | 135.09M | 122.72M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 23.64M | 27.97M | 27.18M | 27.90M | 19.48M | 20.06M |
Stock-based compensation expense | 23.17M | 20.43M | 9.40M | 2.35M | 0 | 0 |
| Deferred income tax benefit | 23.17M | 20.43M | 9.40M | 2.35M | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 261.69M | 229.94M | 174.49M | 69.85M | 195.87M | 205.00M |
Investing activities | ||||||
Purchases Of Investments | -37.65M | -1.25B | -3.32B | -2.12B | -263.46M | -171M |
Investments In Property Plant And Equipment | -8.14M | -8.62M | -5.72M | -5.14M | -7.18M | -9.03M |
Acquisitions Net | 0 | -13.4M | -13.43M | -1.36M | -135.60M | -10.92M |
Cash generated by investing activities | 2.40B | -1.07B | -1.98B | -2.39B | -145.27M | -647.10M |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 1.10B | 1.79B | 0 | 0 |
Payments for dividends | -66.67M | -65.88M | -51.56M | 0 | 0 | 0 |
Repurchases of common stock | 0 | -201.61M | -23.22M | -28.55M | -346K | 0 |
Repayments of term debt | -692.61M | 706.55M | -36.27M | -207.34M | -98.89M | -192.21M |
Cash used in financing activities | -2.13B | -215.57M | 988.97M | 4.01B | 52.29M | 390.65M |
Net Change In Cash | 523.57M | -1.06B | -822.27M | 1.69B | 102.89M | -51.44M |
Cash at end of period | 693.07M | 169.50M | 1.23B | 2.05B | 362.60M | 259.70M |
| Data source | Data source | Data source | Data source |