Eastern Bankshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Eastern Bankshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 58% to $308,190,000. The net income raised on $232,177,000 and profit margin reached 75%. Total operating expenses were $308,190,000.
Profit Margin
| 2018 | 566.78M | 122.72M | 21.65% |
|---|---|---|---|
| 2019 | 593.56M | 135.09M | 22.76% |
| 2020 | 572.89M | 22.73M | 3.97% |
| 2021 | 616.46M | 154.66M | 25.09% |
| 2022 | 737.83M | 199.75M | 27.07% |
| 2023 | 308.19M | 232.17M | 75.34% |
EBC Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 308.19M | 737.83M | 616.46M | 572.89M | 593.56M | 566.78M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 308.19M | 737.83M | 616.46M | 572.89M | 593.56M | 566.78M |
Operating exp. | ||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 7.59M | 9.54M | 8.74M | 8.87M | 9.61M | 11.1M |
Total operating expenses | 308.19M | 9.54M | -427.75M | -536.99M | -418.98M | -387.90M |
Operating income | -71.26M | 317.92M | 188.71M | 35.90M | 174.57M | 182.73M |
Other income (expenses), net | -54.73M | -61.23M | -11.22M | -66.23M | 174.57M | -25.12M |
Income before tax | -125.99M | 256.68M | 188.71M | 35.90M | 174.57M | 157.61M |
Income tax expense | -63.30M | 56.92M | 34.04M | 13.16M | 39.48M | 34.88M |
Net income | 232.17M | 199.75M | 154.66M | 22.73M | 135.09M | 122.72M |
Earnings per share | ||||||
Basic EPS | 1.43 | 1.21 | 0.9 | 0.13 | 0.64 | 0.58 |
Diluted EPS | 1.43 | 1.21 | 0.9 | 0.13 | 0.64 | 0.58 |
| Data source | Data source | Data source | Data source |