EBC FY 2024 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

FY 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.1B+91.6% YoY

Gross Profit

$664M62.0% margin

Operating Income

$156M14.5% margin

Net Income

$120M11.2% margin

EPS (Diluted)

$0.66

Cash Flow

Operating Cash Flow

$284M

Free Cash Flow

$270M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$25.6B

Total Liabilities

$21.9B

Stockholders' Equity

$3.6B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$559M	+91.6%
Gross Profit	$664M	$293M	+127.0%
Operating Income	$156M	-$126M	+223.6%
Net Income	$120M	$232M	-48.5%