← Eastern Bankshares, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Short-term investments | $227.1m | $1.9b | $1.1b | $63.5m | $605.8m | $914.3m | $190.8m | |
| Cash and cash equivalents | $362.6m | $2.1b | $1.2b | $169.5m | $693.1m | $1.0b | $316.9m | |
| Prepaid expenses | $61.3m | $148.7m | $179.3m | $165.9m | $183.1m | $231.9m | $259.9m | |
| Goodwill and other intangibles, net | $377.7m | $376.5m | $649.7m | $661.1m | $566.2m | $1.1b | $1.3b | |
| Other assets | $246.5m | $456.0m | $456.1m | $461.6m | $536.3m | $667.5m | $756.4m | |
| Cash and due from banks | $135.5m | $116.6m | $144.6m | $106.0m | $87.2m | $92.6m | $126.1m | |
| Available for sale (amortized cost $4,143,163 and $4,778,644, respectively) | $1.5b | $3.2b | $8.5b | $6.7b | $4.4b | $4.0b | $3.8b | |
| Held to maturity (fair value $575,974 and $371,724, respectively) | — | — | $0 | $476.6m | $449.7m | $420.7m | $599.6m | |
| Loans held for sale | $26k | $1.1m | $1.2m | $4.5m | $1.1m | $372k | $22.8m | |
| Allowance for loan losses | — | ($113.0m) | ($97.8m) | ($142.2m) | ($149.0m) | ($229.0m) | ($331.8m) | |
| Unearned discounts and deferred fees, net | — | ($23.5m) | ($26.4m) | ($13.0m) | ($25.1m) | ($300.7m) | ($489.4m) | |
| Net loans | $8.9b | $9.6b | $12.2b | $13.4b | $13.8b | $17.5b | $22.8b | |
| Federal Home Loan Bank stock, at cost | $9.0m | $8.8m | $10.9m | $41.4m | $5.9m | $5.9m | $13.8m | |
| Premises and equipment | $57.5m | $49.4m | $81.0m | $62.7m | $60.1m | $66.6m | $120.0m | |
| Bank-owned life insurance | $77.5m | $78.6m | $157.1m | $160.8m | $164.7m | $204.7m | $307.8m | |
| Deferred income taxes, net | $28.2m | $13.2m | $76.5m | $331.6m | $266.2m | $332.1m | $310.0m | |
| Demand | $3.5b | $4.9b | $7.0b | $6.2b | $5.2b | $6.0b | $6.3b | |
| Interest checking accounts | $1.8b | $2.4b | $4.5b | $4.6b | $3.7b | $4.6b | $4.7b | |
| Savings accounts | $971.1m | $1.3b | $2.1b | $1.8b | $1.3b | $1.6b | $2.0b | |
| Money market investment | $2.9b | $3.3b | $5.5b | $4.7b | $4.7b | $5.7b | $7.9b | |
| Certificates of deposit | $329.1m | $258.9m | $526.4m | $1.6b | $2.7b | $3.3b | $4.5b | |
| Interest rate swap collateral funds | — | — | $0 | $14.4m | $8.5m | $48.6m | $15.3m | |
| Federal Home Loan Bank advances | $19.0m | $14.6m | $14.0m | $12.8m | $17.6m | $17.6m | $199.6m | |
| Other liabilities | $241.8m | $352.3m | $443.2m | $459.9m | $514.0m | $560.4m | $560.6m | |
| Common shares, $0.01 par value, 1,000,000,000 shares authorized; 235,646,558 and 213,909,472 shares issued and outstanding at December 31, 2025 and 2024, respectively | 0 | 1.9m | 1.9m | 1.8m | 1.8m | 2.1m | 2.4m | |
| Unallocated common shares held by the Employee Stock Ownership Plan | $0 | ($147.7m) | ($142.7m) | ($137.7m) | ($132.8m) | ($127.8m) | ($122.8m) | |
| Total securities | $1.5b | $3.2b | $8.5b | $7.2b | $4.9b | $4.4b | $4.4b | |
| Total loans | $9.0b | $9.7b | $12.3b | $13.6b | $14.0b | $18.1b | $23.6b | |
| Total deposits | $9.6b | $12.2b | $19.6b | $19.0b | $17.6b | $21.3b | $25.5b | |
| Total borrowed funds | $235.4m | $28.0m | $34.3m | $740.8m | $48.2m | $93.9m | $214.9m | |
| Total shareholders’ equity | $1.6b | $3.4b | $3.4b | $2.5b | $3.0b | $3.6b | $4.3b | |
| Total assets | $11.6b | $16.0b | $23.5b | $22.6b | $21.1b | $25.6b | $30.6b | |
| Total liabilities | $10.0b | $12.5b | $20.1b | $20.2b | $18.2b | $21.9b | $26.2b | |
| Commitments and contingencies (see Note 18) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Additional paid in capital | $0 | $1.9b | $1.8b | $1.6b | $1.7b | $2.2b | $2.6b | |
| Retained earnings | $1.6b | $1.7b | $1.8b | $1.9b | $2.0b | $2.1b | $2.1b | |
| Accumulated other comprehensive income, net of tax | ($43.8m) | $54.2m | ($56.7m) | ($923.2m) | ($608.4m) | ($584.3m) | ($227.4m) | |
| Total liabilities and shareholders’ equity | $11.6b | $16.0b | $23.5b | $22.6b | $21.1b | $25.6b | $30.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.