Eastern Bankshares (EBC) Financial Services Fees (2019 - 2023)
Eastern Bankshares (EBC) recorded Financial Services Fees of $27.61 million in Q2 2023, up 11.9% from $24.68 million a year earlier but down 12.4% from the prior quarter.
Eastern Bankshares (EBC) Financial Services Fees (2019 - 2023) Analysis & Trends
On a TTM basis, Eastern Bankshares' Financial Services Fees came in at $104.95 million as of Jun 30, 2023, up 9.0% year-over-year; for FY2022, it came in at $99.23 million, up 4.8% from FY2021.
- Annual Financial Services Fees has increased for three straight years, with a four-year compound annual growth rate of 1.9% (FY2018 to FY2022).
- Across earlier years, Financial Services Fees came in at $94.7 million in FY2021 (+0.2%), $94.5 million in FY2020 (+4.3%), $90.59 million in FY2019 (-1.4%) and $91.89 million in FY2018.
- Quarterly Financial Services Fees has ranged from $20.17 million in Q4 2019 to $31.5 million in Q1 2023 over the past five years.
- On a year-over-year basis, Financial Services Fees has increased for six consecutive quarters, with growth averaging 4.4% over the last eight quarters.
- Peak year-over-year performance for Financial Services Fees in the last five years was growth of 11.9% in Q2 2023, against a decline of 6.7% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $31.5 million (Q1 2023), $22.05 million (Q4 2022) and $23.79 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - |
| 10 | Eastern Bankshares | 5.27 Bn | 5.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 27.61 Mn |
| Mar 31, 2023 | 31.50 Mn |
| Dec 31, 2022 | 22.05 Mn |
| Sep 30, 2022 | 23.79 Mn |
| Jun 30, 2022 | 24.68 Mn |
| Mar 31, 2022 | 28.71 Mn |
| Dec 31, 2021 | 20.94 Mn |
| Sep 30, 2021 | 21.96 Mn |
| Jun 30, 2021 | 23.66 Mn |
| Mar 31, 2021 | 28.15 Mn |
| Dec 31, 2020 | 22.44 Mn |
| Sep 30, 2020 | 21.88 Mn |
| Jun 30, 2020 | 22.70 Mn |
| Mar 31, 2020 | 27.48 Mn |
| Dec 31, 2019 | 20.17 Mn |
| Sep 30, 2019 | 21.52 Mn |
| Jun 30, 2019 | 24.14 Mn |
Eastern Bankshares Financial Services Fees API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=financial-services-fees&ticker=EBC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "financial-services-fees", "ticker": "EBC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=financial-services-fees&ticker=EBC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();