EBC Q4 2021 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q4 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$173M+13.3% YoY

Gross Profit

$175M101.1% margin

Operating Income

$32M18.6% margin

Net Income

$35M20.3% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+19.0%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$45M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$23.5B

Total Liabilities

$20.1B

Stockholders' Equity

$3.4B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$173M	$152M	+13.3%
Gross Profit	$175M	$150M	+16.1%
Operating Income	$32M	-$47M	+168.7%
Net Income	$35M	-$44M	+179.6%

Revenue Segments

Insurance Commissions

$21M52%

Service Charge On Deposit Accounts

$7M18%

Trust And Investment Advisory Fees

$7M16%

Debt Card Processing Fees

$3M8%

Other Non-interest Income

$2M6%