EBC Q3 2022 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$175M+20.7% YoY

Gross Profit

$163M93.1% margin

Operating Income

$69M39.7% margin

Net Income

$55M31.3% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

$59M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$22.0B

Total Liabilities

$19.6B

Stockholders' Equity

$2.4B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$175M	$145M	+20.7%
Gross Profit	$163M	$146M	+11.8%
Operating Income	$69M	$48M	+43.5%
Net Income	$55M	$37M	+47.6%

Revenue Segments

Insurance Commissions

$24M56%

Service Charge On Deposit Accounts

$7M16%

Trust And Investment Advisory Fees

$6M14%

Debt Card Processing Fees

$3M8%

Other Non-interest Income

$3M6%