EBC FY 2020 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

FY 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$583M-6.5% YoY

Gross Profit

$532M91.3% margin

Operating Income

$36M6.2% margin

Net Income

$23M3.9% margin

EPS (Diluted)

$0.13

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$65M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$16.0B

Total Liabilities

$12.5B

Stockholders' Equity

$3.4B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$583M	$623M	-6.5%
Gross Profit	$532M	$583M	-8.8%
Operating Income	$36M	$175M	-79.4%
Net Income	$23M	$135M	-83.2%