Eastern Bankshares (EBC) Research & Development (2019 - 2026)
Eastern Bankshares' (EBC) quarterly Research & Development came in at $23.7 million in Q2 2026, up 29.06% year-over-year from $18.4 million in Q2 2025, and little changed quarter-over-quarter from $23.8 million in Q1 2026.
Analysis
Eastern Bankshares (EBC) Research & Development (2019 - 2026) Analysis & Trends
Eastern Bankshares (EBC) has reported Research & Development for 8 consecutive years, with $23.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 29.06% year-over-year to $23.7 million in Q2 2026; TTM through Jun 2026 was $89.8 million, a 18.95% increase from a year earlier, with the FY2025 full-year figure at $78.6 million, up 11.57% from the prior year.
- Research & Development was $23.7 million for Q2 2026 at Eastern Bankshares, roughly flat from $23.8 million in the prior quarter.
- Over five years, Research & Development peaked at $23.8 million in Q1 2026 and troughed at $12.2 million in Q3 2022.
- A 5-year average of $17.0 million and a median of $16.1 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 55.19% in 2022 and declined 19.73% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $13.2 million in 2022, then rose by 16.4% to $15.4 million in 2023, then soared by 36.13% to $21.0 million in 2024, then climbed by 7.02% to $22.4 million in 2025, then gained by 5.84% to $23.7 million in 2026.
- The last three Research & Development figures came in at $23.7 million (Q2 2026), $23.8 million (Q1 2026), and $22.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 108.00 Mn |
| 10 | Eastern Bankshares | 5.00 Bn | 4.66 Bn | - | 23.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.74 Mn |
| Mar 31, 2026 | 23.84 Mn |
| Dec 31, 2025 | 22.43 Mn |
| Sep 30, 2025 | 19.78 Mn |
| Jun 30, 2025 | 18.40 Mn |
| Mar 31, 2025 | 18.02 Mn |
| Dec 31, 2024 | 20.96 Mn |
| Sep 30, 2024 | 18.12 Mn |
| Jun 30, 2024 | 15.74 Mn |
| Mar 31, 2024 | 16.51 Mn |
| Dec 31, 2023 | 15.40 Mn |
| Sep 30, 2023 | 13.44 Mn |
| Jun 30, 2023 | 12.81 Mn |
| Mar 31, 2023 | 12.30 Mn |
| Dec 31, 2022 | 13.23 Mn |
| Sep 30, 2022 | 12.24 Mn |
| Jun 30, 2022 | 14.35 Mn |
| Mar 31, 2022 | 15.32 Mn |
| Dec 31, 2021 | 8.52 Mn |
| Sep 30, 2021 | 12.19 Mn |