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Eastern Bankshares, Inc. EBC Data processing and equipment
Data processing and equipment 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:InformationTechnologyAndDataProcessing.
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
| (In thousands, except per share data) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Noninterest expense: | ||||
| Salaries and employee benefits | 97,030 | 80,696 | 199,181 | 160,555 |
| Occupancy and equipment | 13,246 | 11,230 | 27,357 | 21,847 |
| Technology and data processing | 23,740 | 18,395 | 47,583 | 36,410 |
| Professional services | 5,681 | 3,037 | 9,095 | 5,961 |
| Marketing expenses | 3,098 | 2,432 | 5,794 | 4,164 |
| FDIC insurance | 3,747 | 3,780 | 7,115 | 7,068 |
| Amortization of intangible assets | 11,643 | 7,807 | 23,287 | 15,615 |
Item 1. Financial Statements
FAQ
- What is Eastern Bankshares, Inc.'s data processing and equipment?
- Eastern Bankshares, Inc. (EBC) reported data processing and equipment of $23.74M in Q2 2026.
- How has Eastern Bankshares, Inc.'s data processing and equipment changed year-over-year?
- Eastern Bankshares, Inc.'s data processing and equipment increased by 29.1% year-over-year, from $18.4M to $23.74M.
- What is the long-term trend for Eastern Bankshares, Inc.'s data processing and equipment?
- Over 4 years (2021 to 2025), Eastern Bankshares, Inc.'s data processing and equipment has grown at a 14.1% compound annual growth rate (CAGR), from $46.42M to $78.62M.
- What does data processing and equipment mean?
- This metric represents the total costs associated with maintaining the bank's digital infrastructure, software licensing, and data processing systems. It reflects the level of investment in technological capabilities required to support modern banking operations and customer service delivery.
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