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Eastern Bankshares (EBC) Revenue & Revenue Breakdown

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Eastern Bankshares Revenue Highlights

0

Latest Revenue (Q)

$29.10M

Main Segment (Y)

Trust And Investment Advisory Fees

Eastern Bankshares Revenue by Period

Eastern Bankshares Revenue by Year

DateRevenueChange
2024-12-31--100.00%
2023-12-31$308.19M-58.23%
2022-12-31$737.83M19.69%
2021-12-31$616.47M7.61%
2020-12-31$572.90M-3.48%
2019-12-31$593.56M4.72%
2018-12-31$566.79M-

Eastern Bankshares generated - in revenue during NA 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Eastern Bankshares Revenue by Quarter

DateRevenueChange
2025-03-31$29.10M-86.56%
2024-12-31$216.54M6.47%
2024-09-30$203.38M-12.51%
2024-06-30$232.47M1.35%
2024-03-31$229.36M-0.69%
2023-12-31$230.96M47.71%
2023-09-30$156.36M-19.53%
2023-06-30$194.30M-41.68%
2023-03-31$333.17M14304.19%
2022-12-31$2.31M-98.81%
2022-09-30$194.38M8.89%
2022-06-30$178.51M2.96%
2022-03-31$173.37M1.86%
2021-12-31$170.21M17.94%
2021-09-30$144.31M-2.81%
2021-06-30$148.49M-3.24%
2021-03-31$153.46M1.48%
2020-12-31$151.22M4.36%
2020-09-30$144.90M0.36%
2020-06-30$144.38M8.13%
2020-03-31$133.51M-11.79%
2019-12-31$151.35M5.01%
2019-09-30$144.13M-2.79%
2019-06-30$148.27M-1.46%
2019-03-31$150.47M-

Eastern Bankshares generated $29.10M in revenue during Q1 2025, up -86.56% compared to the previous quarter, and up 12.60% compared to the same period a year ago.

Eastern Bankshares Revenue Breakdown

Eastern Bankshares Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Service Charge On Deposit Accounts$32.00M$28.63M$30.39M$24.27M$21.56M
Trust And Investment Advisory Fees$46.13M$24.26M$23.59M$24.59M$21.10M
Debt Card Processing Fees$14.18M$13.47M$12.64M$12.12M$10.28M
Other Non-interest Income$20.31M$10.50M$10.72M$8.52M$7.31M
Insurance Commissions--$99.23M$94.70M$94.50M

Eastern Bankshares's latest annual revenue breakdown by segment (product or service), as of Dec 24: Trust And Investment Advisory Fees (40.96%), Service Charge On Deposit Accounts (28.42%), Other Non-interest Income (18.04%), and Debt Card Processing Fees (12.59%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Investment Advisory Fees$16.44M-----------------
Service Charge On Deposit Accounts$8.31M$16.36M$8.14M$7.51M$7.51M$7.40M$7.24M$6.47M$6.83M$6.71M$8.31M$8.54M$7.26M$5.93M$5.71M$5.37M$6.05M$5.05M
Other Non-interest Income$2.46M$13.92M$3.26M$3.13M$2.76M$2.55M$2.91M$2.29M$2.62M$2.73M$3.01M$2.36M$2.28M$2.32M$2.12M$1.79M$2.08M$1.69M
Debt Card Processing Fees$3.92M$7.12M$3.81M$3.25M$3.40M$3.39M$3.51M$3.17M$3.23M$3.25M$3.22M$2.94M$3.17M$3.03M$3.17M$2.75M$2.75M$2.72M
Trust And Investment Advisory Fees-$24.67M$14.91M$6.54M$6.13M$6.24M$6.13M$5.77M$5.63M$5.83M$5.99M$6.14M$6.54M$6.31M$6.07M$5.66M$5.50M$5.31M
Insurance Commissions------$27.61M$31.50M$22.05M$23.79M$24.68M$28.71M$20.94M$21.96M$23.66M$28.15M$22.44M$21.88M

Eastern Bankshares's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Investment Advisory Fees (52.80%), Service Charge On Deposit Accounts (26.71%), Debt Card Processing Fees (12.59%), and Other Non-interest Income (7.89%).

Eastern Bankshares Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
INDBIndependent Bank$852.75M$243.42M
CBUCommunity Bank System$643.53M$243.44M
BRKLBrookline Bancorp$628.52M$159.32M
NBHCNational Bank$538.27M-
HONEHarborOne Bancorp$271.41M$72.22M
SPFISouth Plains Financial$240.90M$70.55M
NECBNortheast Community Bancorp$160.01M$39.11M
ISTRInvestar$143.87M$36.52M
WNEBWestern New England Bancorp$109.83M$28.44M
FNWDFinward Bancorp$71.60M$22.34M
CWBCCommunity West Bancshares$61.39M$27.26M
FBMSFirst Bancshares$46.39M$93.56M
FCAPFirst Capital$42.00M$15.18M
RBKBRhinebeck Bancorp$25.91M$18.39M
FCCOFirst Community$14.00M$3.98M
SFBCSound Financial Bancorp$4.66M$1.10M
HTBKHeritage Commerce$9.00K$46.06K
EBCEastern Bankshares-$29.10M
FVCBFVCBankcorp-$29.23M

EBC Revenue FAQ

What is Eastern Bankshares’s yearly revenue?

Eastern Bankshares's yearly revenue for 2024 was $0, representing a decrease of -100.00% compared to 2023. The company's yearly revenue for 2023 was $308.19M, representing a decrease of -58.23% compared to 2022. EBC's yearly revenue for 2022 was $737.83M, representing an increase of 19.69% compared to 2021.

What is Eastern Bankshares’s quarterly revenue?

Eastern Bankshares's quarterly revenue for Q1 2025 was $29.1M, a -86.56% decrease from the previous quarter (Q4 2024), and a -87.31% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $216.54M, a 6.47% increase from the previous quarter (Q3 2024), and a -6.24% decrease year-over-year (Q4 2023). EBC's quarterly revenue for Q3 2024 was $203.38M, a -12.51% decrease from the previous quarter (Q2 2024), and a 30.07% increase year-over-year (Q3 2023).

What is Eastern Bankshares’s revenue growth rate?

Eastern Bankshares's revenue growth rate for the last 3 years (2022-2024) was -100.00%, and for the last 5 years (2020-2024) was -100.00%.

What are Eastern Bankshares’s revenue streams?

Eastern Bankshares's revenue streams in c 24 are Service Charge On Deposit Accounts, Trust And Investment Advisory Fees, Debt Card Processing Fees, and Other Non-interest Income. Service Charge On Deposit Accounts generated $32M in revenue, accounting 28.42% of the company's total revenue, up 11.78% year-over-year. Trust And Investment Advisory Fees generated $46.13M in revenue, accounting 40.96% of the company's total revenue, up 90.10% year-over-year. Debt Card Processing Fees generated $14.18M in revenue, accounting 12.59% of the company's total revenue, up 5.26% year-over-year. Other Non-interest Income generated $20.31M in revenue, accounting 18.04% of the company's total revenue, up 93.41% year-over-year.

What is Eastern Bankshares’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Eastern Bankshares was Trust And Investment Advisory Fees. This segment made a revenue of $46.13M, representing 40.96% of the company's total revenue.