For the quarter ending 2026-03-31, EBC had $14,694K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) from continuing operations | - | 88,219 | - | - |
| Net income (loss) | 76,551 | - | 106,144 | -117,433 |
| Provision for allowance for loan losses | 5,756 | 4,900 | 7,100 | 14,200 |
| Gain (loss) on life insurance policies | - | - | - | 337 |
| Depreciation and amortization | 15,593 | 14,705 | 10,829 | 21,408 |
| Accretion of deferred loan fees and premiums, net | -14,867 | -18,510 | -6,888 | -22,976 |
| Deferred income tax expense (benefit) | 7,367 | 12,826 | 14,848 | -41,224 |
| Accretion of investment security premiums and discounts, net | -1,913 | -2,057 | -2,034 | -3,177 |
| Right-of-use asset amortization | 3,390 | 6,956 | 3,218 | 6,410 |
| Loans held for sale | - | - | 713 | -7,964 |
| Share-based compensation | 4,158 | 3,921 | 3,988 | 8,997 |
| Increase in cash surrender value of bank-owned life insurance | 1,880 | 1,775 | 1,254 | 2,613 |
| Loss on sale of securities available for sale, net | 0 | 0 | 0 | -269,638 |
| Net loss on bank premises and equipment | - | - | 0 | - |
| Impairment of right-of-use asset | - | - | 0 | - |
| Loss on right-of-use assets, net of gains from modifications | 2,949 | 3,592 | - | - |
| Employee stock ownership plan expense | 2,610 | 2,247 | 2,077 | 4,066 |
| Net gain on sale of other equity investments | - | 1,584 | - | - |
| Other | -2,880 | -571 | 17 | 301 |
| Proceeds from sales of loans held for sale | 101,126 | 159,543 | - | - |
| Loans originated for sale, net of repayments | 101,595 | 141,306 | - | - |
| Prepaid pension benefit | 1,920 | 1,307 | 1,308 | 2,644 |
| Other assets | 30,654 | 27,482 | -10,673 | -86,493 |
| Other liabilities | -61,975 | -2,273 | 10,106 | -57,875 |
| Net cash provided by operating activities - continuing operations | - | 432,420 | - | - |
| Net cash used in operating activities - discontinued operations | - | 0 | - | - |
| Net cash (used in) provided by operating activities | -9,473 | 104,082 | 157,140 | 171,198 |
| Proceeds from sales of securities available for sale | 0 | 296,268 | 0 | 1,339,345 |
| Proceeds from maturities and principal paydowns of securities available for sale | 111,438 | 115,284 | 130,592 | 219,518 |
| Purchases of securities available for sale | 167,861 | 99,100 | 0 | 1,330,852 |
| Proceeds from maturities and principal paydowns of securities held to maturity | 7,204 | 6,044 | 7,282 | 12,455 |
| Purchases of securities held to maturity | 94,247 | 89,500 | 28,136 | 84,737 |
| Proceeds from sale of federal home loan bank stock | 38,378 | 18,260 | 3,654 | 20,971 |
| Purchases of federal home loan bank stock | 63,341 | 1,105 | 3,652 | 21,360 |
| Contributions to low income housing tax credit investments | -9,372 | -18,434 | -17,862 | -23,053 |
| Contributions to other equity investments | 437 | 239 | 716 | 743 |
| Distributions from other equity investments | 101 | 383 | 4,345 | 709 |
| Proceeds from sale of other equity investment | - | 1,944 | - | - |
| Net decrease (increase) in outstanding loans | 167,848 | 1,584,622 | -250,303 | -531,945 |
| Net cash acquired in business combinations | - | - | 0 | - |
| Net cash (paid) acquired in business combination | - | 1,412 | - | - |
| Purchases of banking premises and equipment | 3,054 | 4,282 | 8,783 | 6,369 |
| Proceeds from sale of bank premises and equipment | - | 0 | - | - |
| Proceeds from life insurance policies | 487 | 287 | 1,020 | 327 |
| Net cash (used in) provided by investing activities - continuing operations | - | -364,021 | - | - |
| Net cash provided by investing activities - discontinued operations | - | 0 | - | - |
| Net cash used in investing activities | -12,856 | 204,272 | -162,559 | -405,734 |
| Net decrease in demand, savings, interest checking, and money market investment deposit accounts | -3,181 | 240,836 | -220,503 | -9,980 |
| Net decrease in time deposits | -362,321 | -220,595 | 117,071 | -88,580 |
| Net increase (decrease) in borrowed funds | 502,270 | -342,988 | -8,365 | -17,991 |
| Payments for repurchase of common stock | 73,354 | 54,660 | 0 | 51,929 |
| Proceeds from the exercise of stock options | 2,421 | 5,113 | - | - |
| Stock issuance costs | - | 122 | 0 | - |
| Dividends declared and paid to common shareholders | 28,812 | 29,479 | 25,880 | 50,358 |
| Net cash used in financing activities - continuing operations | - | -758,410 | - | - |
| Net cash used in financing activities - discontinued operations | - | 0 | - | - |
| Net cash provided by (used in) financing activities | 37,023 | -401,895 | -137,677 | -218,838 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 14,694 | -93,541 | -143,096 | -453,374 |
| Cash, cash equivalents, and restricted cash at beginning of period | 316,869 | 410,410 | 1,006,880 | - |
| Cash, cash equivalents, and restricted cash at end of period | 331,563 | 316,869 | 410,410 | - |
Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. (EBC)