EBC Q1 2020 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$138M-13.1% YoY

Gross Profit

$104M75.0% margin

Operating Income

$10M7.0% margin

Net Income

$8M6.1% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-12.6%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$33M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.3B

Total Liabilities

$10.7B

Stockholders' Equity

$1.7B

Cash & Equivalents

$766M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$159M	-13.1%
Gross Profit	$104M	$147M	-29.6%
Operating Income	$10M	$43M	-77.2%
Net Income	$8M	$33M	-74.4%