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Eastern Bankshares, Inc. EBC Reserve for ESOP Debt Retirement

Reserve for ESOP Debt Retirement at other companies

Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$121.53M-4.0%
TFS Financial logo
TFS FinancialTFSL
$16.25M-21.1%
Caterpillar logo
CaterpillarCAT
9.6M-7.7%
BK
BKBK
$314M+28.7%
TFS Financial logo
TFS FinancialTFSL
$1.54M+10.0%
Raytheon Technologies logo
Raytheon TechnologiesRTX
23M-88.0%

Other financials

Income statement

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Revenue$288.2M+710%
Net income$65.3M+130%
EPS (diluted)$0.29+127%

Balance sheet

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Cash & equivalents$331.6M-10.1%
Total debt$813.8M+454%
Total equity$4.3B+19.6%
Total assets$30.6B+22.6%

Cash flow

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Operating cash flow-$9.5M-120%
CapEx$3.1M+69.6%
Free cash flow-$12.5M-128%

Valuation

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Market cap$4.43B+33.8%

Profitability

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Net margin35.1%+24.6pp
FCF margin33.5%-20.7pp

Returns & leverage

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Return on equity9.4%+7.2pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Eastern Bankshares, Inc. in its filing.

Tagged under the XBRL concept us-gaap:UnearnedESOPShares.

The official record: Eastern Bankshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Eastern Bankshares, Inc.'s reserve for ESOP debt retirement?
Eastern Bankshares, Inc. (EBC) reported reserve for ESOP debt retirement of $121.53M in Q1 2026.
How has Eastern Bankshares, Inc.'s reserve for ESOP debt retirement changed year-over-year?
Eastern Bankshares, Inc.'s reserve for ESOP debt retirement decreased by 4.0% year-over-year, from $126.56M to $121.53M.
What is the long-term trend for Eastern Bankshares, Inc.'s reserve for ESOP debt retirement?
Over 5 years (2020 to 2025), Eastern Bankshares, Inc.'s reserve for ESOP debt retirement has grown at a -3.6% compound annual growth rate (CAGR), from $147.73M to $122.8M.
What does reserve for ESOP debt retirement mean?
This equity account represents a contra-equity adjustment related to debt incurred by an Employee Stock Ownership Plan (ESOP) to acquire company shares. It reflects the portion of the ESOP debt that remains to be amortized or repaid through future company contributions. Investors track this reserve to understand the impact of employee benefit structures on total shareholder equity and potential future dilution or cash flow obligations.