Eastern Bankshares, Inc. EBC Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Eastern Bankshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.
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 provision for credit losses?
- Eastern Bankshares, Inc. (EBC) reported provision for credit losses of $5.76M in Q1 2026.
- How has Eastern Bankshares, Inc.'s provision for credit losses changed year-over-year?
- Eastern Bankshares, Inc.'s provision for credit losses decreased by 12.8% year-over-year, from $6.6M to $5.76M.
- What is the long-term trend for Eastern Bankshares, Inc.'s provision for credit losses?
- Over 4 years (2021 to 2025), Eastern Bankshares, Inc.'s provision for credit losses has grown at a 28.2% compound annual growth rate (CAGR), from -$9.69M to $26.2M.
- What does provision for credit losses mean?
- This represents the periodic charge to earnings to maintain an adequate allowance for credit losses on the bank's loan portfolio. It reflects management's assessment of potential future credit defaults and economic risks associated with lending activities.