Eastern Bankshares, Inc. EBC Contributions to low income housing tax credit investments
Contributions to low income housing tax credit investments at other companies
Other financials
Where this comes from
Reported directly by Eastern Bankshares, Inc. in its filing.
Tagged under the XBRL concept ebc:ContributionsToLowIncomeHousingTaxCreditInvestments.
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 contributions to low income housing tax credit investments?
- Eastern Bankshares, Inc. (EBC) reported contributions to low income housing tax credit investments of -$9.37M in Q1 2026.
- How has Eastern Bankshares, Inc.'s contributions to low income housing tax credit investments changed year-over-year?
- Eastern Bankshares, Inc.'s contributions to low income housing tax credit investments decreased by 1.6% year-over-year, from -$9.23M to -$9.37M.
- What is the long-term trend for Eastern Bankshares, Inc.'s contributions to low income housing tax credit investments?
- Over 4 years (2021 to 2025), Eastern Bankshares, Inc.'s contributions to low income housing tax credit investments has grown at a 51.1% compound annual growth rate (CAGR), from -$11.38M to -$59.35M.
- What does contributions to low income housing tax credit investments mean?
- Represents cash outflows for investments in affordable housing projects that qualify for federal or state tax credits. These investments are typically made to reduce the bank's effective tax rate while supporting community development initiatives.