EBC Q4 2020 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q4 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$152M-3.8% YoY

Gross Profit

$150M98.7% margin

Operating Income

-$47M-30.7% margin

Net Income

-$44M-28.9% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$54M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.0B

Total Liabilities

$12.5B

Stockholders' Equity

$3.4B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$158M	-3.8%
Gross Profit	$150M	$150M	+0.5%
Operating Income	-$47M	$41M	-214.8%
Net Income	-$44M	$31M	-241.1%

Revenue Segments

Insurance Commissions

$22M58%

Service Charge On Deposit Accounts

$6M16%

Trust And Investment Advisory Fees

$6M14%

Debt Card Processing Fees

$3M7%

Other Non-interest Income

$2M5%