EBC Q2 2020 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$148M-6.4% YoY

Gross Profit

$136M92.0% margin

Operating Income

$37M25.1% margin

Net Income

$30M20.2% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$32M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.0B

Total Liabilities

$12.3B

Stockholders' Equity

$1.7B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$158M	-6.4%
Gross Profit	$136M	$147M	-7.5%
Operating Income	$37M	$46M	-19.6%
Net Income	$30M	$35M	-14.8%