EBC Q3 2020 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$147M-4.0% YoY

Gross Profit

$144M98.3% margin

Operating Income

$36M24.5% margin

Net Income

$29M19.4% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$15.5B

Total Liabilities

$13.7B

Stockholders' Equity

$1.7B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$147M	$153M	-4.0%
Gross Profit	$144M	$144M	+0.0%
Operating Income	$36M	$45M	-20.3%
Net Income	$29M	$36M	-20.5%

Revenue Segments

Insurance Commissions

$22M60%

Trust And Investment Advisory Fees

$5M14%

Service Charge On Deposit Accounts

$5M14%

Debt Card Processing Fees

$3M7%

Other Non-interest Income

$2M5%