Eastern Bankshares (EBC) Research & Development (2019 - 2026)
Eastern Bankshares (EBC) posted quarterly Research & Development of $23.8 million for Q1 2026, up 32.35% year-over-year from $18.0 million in Q1 2025, and up 6.3% quarter-over-quarter from $22.4 million in Q4 2025.
Eastern Bankshares (EBC) Research & Development (2019 - 2026) Analysis & Trends
Eastern Bankshares (EBC) has reported Research & Development for 8 consecutive years, with $23.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 32.35% year-over-year to $23.8 million; the TTM figure through Mar 2026 stood at $84.4 million (up 15.94% YoY), while the FY2025 annual figure was $78.6 million, up 11.57% from the prior year.
- Research & Development improved to $23.8 million in Q1 2026 per EBC's latest filing, from $22.4 million in the prior quarter.
- Across five years, Research & Development topped out at $23.8 million in Q1 2026 and bottomed at $12.2 million in Q3 2022.
- Historically, Research & Development has averaged $16.6 million across 5 years, with a median of $15.7 million in 2024.
- Annual changes were most pronounced in 2022 — Research & Development jumped 55.19% — and 2023, when it fell 19.73%.
- Eastern Bankshares' Research & Development stood at $13.2 million in 2022, then advanced by 16.4% to $15.4 million in 2023, then surged by 36.13% to $21.0 million in 2024, then increased by 7.02% to $22.4 million in 2025, then advanced by 6.3% to $23.8 million in 2026.
- Business Quant data shows EBC's Research & Development at $23.8 million in Q1 2026, $22.4 million in Q4 2025, and $19.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Eastern Bankshares | 4.96 Bn | 4.63 Bn | - | 23.74 Mn |
Historic Data
Download 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 |