For the quarter ending 2025-09-30, EBC had -$143,096K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 106,144 | -117,433 |
| Provision for allowance for loan losses | 7,100 | 14,200 |
| Gain (loss) on life insurance policies | - | 337 |
| Depreciation and amortization | 10,829 | 21,408 |
| Accretion of deferred loan fees and premiums, net | -6,888 | -22,976 |
| Deferred income tax (benefit) expense | 14,848 | -41,224 |
| (accretion) amortization of investment security premiums and discounts, net | -2,034 | -3,177 |
| Right-of-use asset amortization | 3,218 | 6,410 |
| Share-based compensation | 3,988 | 8,997 |
| Increase in cash surrender value of bank-owned life insurance | 1,254 | 2,613 |
| Loss on sale of securities available for sale, net | 0 | -269,638 |
| Net loss on bank premises and equipment | 0 | - |
| Impairment of right-of-use asset | 0 | - |
| Employee stock ownership plan expense | 2,077 | 4,066 |
| Other | 17 | 301 |
| Loans held for sale | 713 | -7,964 |
| Prepaid pension expense | 1,308 | 2,644 |
| Other assets | -10,673 | -86,493 |
| Other liabilities | 10,106 | -57,875 |
| Net cash provided by operating activities | 157,140 | 171,198 |
| Proceeds from sales of securities available for sale | 0 | 1,339,345 |
| Proceeds from maturities and principal paydowns of securities available for sale | 130,592 | 219,518 |
| Purchases of securities available for sale | 0 | 1,330,852 |
| Proceeds from maturities and principal paydowns of securities held to maturity | 7,282 | 12,455 |
| Purchases of securities held to maturity | 28,136 | 84,737 |
| Proceeds from sale of federal home loan bank stock | 3,654 | 20,971 |
| Purchases of federal home loan bank stock | 3,652 | 21,360 |
| Contributions to low income housing tax credit investments | -17,862 | -23,053 |
| Contributions to other equity investments | 716 | 743 |
| Distributions from other equity investments | 4,345 | 709 |
| Net increase in outstanding loans | -250,303 | -531,945 |
| Net cash acquired in business combinations | 0 | - |
| Purchased banking premises and equipment | 8,783 | 6,369 |
| Proceeds from life insurance policies | 1,020 | 327 |
| Net cash (used in) provided by investing activities | -162,559 | -405,734 |
| Net decrease in demand, savings, interest checking, and money market investment deposit accounts | -220,503 | -9,980 |
| Net increase in time deposits | 117,071 | -88,580 |
| Net decrease in borrowed funds | -8,365 | -17,991 |
| Payments for repurchase of common stock | 0 | 51,929 |
| Stock issuance costs | 0 | - |
| Dividends declared and paid to common shareholders | 25,880 | 50,358 |
| Net cash used in financing activities | -137,677 | -218,838 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -143,096 | -453,374 |
| Cash and cash equivalents at beginning of period | 1,006,880 | - |
| Cash and cash equivalents at end of period | 410,410 | - |
Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. (EBC)