EBC Q4 2022 Earnings — Eastern Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

EBCEastern Bankshares, Inc.

$4B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$217M+25.4% YoY

Gross Profit

$181M83.4% margin

Operating Income

$51M23.5% margin

Net Income

$42M19.5% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+23.7%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$1M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$22.6B

Total Liabilities

$20.2B

Stockholders' Equity

$2.5B

Cash & Equivalents

$170M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$173M	+25.4%
Gross Profit	$181M	$175M	+3.5%
Operating Income	$51M	$32M	+58.2%
Net Income	$42M	$35M	+20.5%

Revenue Segments

Insurance Commissions

$22M55%

Service Charge On Deposit Accounts

$7M17%

Trust And Investment Advisory Fees

$6M14%

Debt Card Processing Fees

$3M8%

Other Non-interest Income

$3M6%