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Eastern Bankshares, Inc. EBC Effective tax rates

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Other financials

Income statement

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Revenue$309.5M+26.4%
Net income$105.2M+5.0%
EPS (diluted)$0.48-4.0%

Balance sheet

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Cash & equivalents$256.2M-53.7%
Total debt$495.5M+260%
Total equity$4.3B+16.3%
Total assets$31.1B+22.3%

Cash flow

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Operating cash flow$154.6M+24.8%
CapEx$4.8M+5.6%
Free cash flow$149.8M+25.5%

Valuation

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Market cap$5.23B+77.6%
Enterprise value$5.47B+116%
P/E13.9×
P/S4.7×-0.1×

Profitability

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Net margin33.5%+27.2pp
FCF margin34.3%-23.1pp

Returns & leverage

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Return on equity9.4%+8.1pp
Debt / equity0.1×+0.1×

Where this comes from

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

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Eastern Bankshares, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 10:54 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054656
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Combined federal and state income tax provision$29,604$87$48,169$33,814
Effective income tax rate22.0%0.1%22.0%(40.4)%

Item 1. Financial Statements

FAQ

What is Eastern Bankshares, Inc.'s effective tax rates?
Eastern Bankshares, Inc. (EBC) reported effective tax rates of $0.22 in Q2 2026.
How has Eastern Bankshares, Inc.'s effective tax rates changed year-over-year?
Eastern Bankshares, Inc.'s effective tax rates increased by 21900.0% year-over-year, from $0 to $0.22.
What does effective tax rates mean?
Effective tax rates

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