Eastern Bankshares (EBC) Non Operating Interest Expenses (2019 - 2024)
Eastern Bankshares (EBC) posted Non Operating Interest Expenses of $96.16 million for Q3 2024, up 48.0% from $64.96 million a year earlier and up 22.1% from the prior quarter.
Eastern Bankshares (EBC) Non Operating Interest Expenses (2019 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Non Operating Interest Expenses at Eastern Bankshares was $317.94 million, up 58.4% year-over-year; for FY2023, it came in at $246.05 million, up 562.7% from FY2022.
- Annual Non Operating Interest Expenses shows a five-year compound annual growth rate of 57.8% (FY2018 to FY2023).
- In prior years, Eastern Bankshares' Non Operating Interest Expenses was $37.13 million in FY2022 (+596.3%), $5.33 million in FY2021 (-55.8%), $12.08 million in FY2020 (-64.2%) and $33.75 million in FY2019 (+34.4%).
- The Q3 2024 figure stands as the highest quarterly Non Operating Interest Expenses in data going back to Q1 2019.
- On a year-over-year basis, Non Operating Interest Expenses has increased in each of the last four quarters, with growth averaging 245.7% over the last five quarters.
- The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q4 2022, with growth of 924.8%; the weakest was Q4 2020, with a decline of 84.2%.
- According to Business Quant data, Non Operating Interest Expenses for the three prior quarters was $78.73 million (Q2 2024), $72.71 million (Q1 2024) and $70.34 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Eastern Bankshares | 4.79 Bn | 4.53 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 96.16 Mn |
| Jun 30, 2024 | 78.73 Mn |
| Mar 31, 2024 | 72.71 Mn |
| Dec 31, 2023 | 70.34 Mn |
| Sep 30, 2023 | 64.96 Mn |
| Jun 30, 2023 | 60.18 Mn |
| Mar 31, 2023 | 50.57 Mn |
| Dec 31, 2022 | 25.00 Mn |
| Sep 30, 2022 | 5.65 Mn |
| Jun 30, 2022 | 3.11 Mn |
| Mar 31, 2022 | 3.36 Mn |
| Dec 31, 2021 | 2.44 Mn |
| Sep 30, 2021 | 777,000.00 |
| Jun 30, 2021 | 1.07 Mn |
| Mar 31, 2021 | 1.04 Mn |
| Dec 31, 2020 | 1.12 Mn |
| Sep 30, 2020 | 1.77 Mn |
| Jun 30, 2020 | 3.18 Mn |
| Mar 31, 2020 | 6.01 Mn |
| Dec 31, 2019 | 7.05 Mn |
Eastern Bankshares Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=EBC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=EBC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();