EBC FY 2023 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$559M-18.1% YoY

Gross Profit

$293M52.4% margin

Operating Income

-$126M-22.6% margin

Net Income

$232M41.6% margin

EPS (Diluted)

$1.43

Cash Flow

Operating Cash Flow

$262M

Free Cash Flow

$254M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$21.1B

Total Liabilities

$18.2B

Stockholders' Equity

$3.0B

Cash & Equivalents

$693M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$559M	$682M	-18.1%
Gross Profit	$293M	$627M	-53.3%
Operating Income	-$126M	$238M	-152.9%
Net Income	$232M	$200M	+16.2%