Eastern Bankshares (EBC) Tax Provisions (2019 - 2026)
Eastern Bankshares (EBC) posted quarterly Tax Provisions of $18.6 million for Q1 2026, down 44.81% year-over-year from $33.7 million in Q1 2025, and up 279.71% quarter-over-quarter from -$10.4 million in Q4 2025.
Eastern Bankshares (EBC) Tax Provisions (2019 - 2026) Analysis & Trends
Eastern Bankshares (EBC) has reported Tax Provisions for 8 consecutive years, with $18.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 44.81% year-over-year to $18.6 million; the TTM figure through Mar 2026 stood at -$3.8 million (down 106.46% YoY), while the FY2025 annual figure was $11.3 million, down 68.82% from the prior year.
- Tax Provisions grew to $18.6 million in Q1 2026 per EBC's latest filing, from -$10.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $33.7 million in Q1 2025 and bottomed at -$65.4 million in Q1 2023.
- Historically, Tax Provisions has averaged $3.2 million across 5 years, with a median of $10.3 million in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 641.93% — and 2024, when it surged 393.81%.
- Eastern Bankshares' Tax Provisions stood at $8.0 million in 2022, then slumped by 71.26% to $2.3 million in 2023, then soared by 393.81% to $11.4 million in 2024, then plunged by 190.73% to -$10.4 million in 2025, then soared by 279.71% to $18.6 million in 2026.
- Business Quant data shows EBC's Tax Provisions at $18.6 million in Q1 2026, -$10.4 million in Q4 2025, and -$12.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | Eastern Bankshares | 4.96 Bn | 4.63 Bn | - | 29.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.60 Mn |
| Mar 31, 2026 | 18.60 Mn |
| Dec 31, 2025 | -10.35 Mn |
| Sep 30, 2025 | -12.20 Mn |
| Jun 30, 2025 | 100,000.00 |
| Mar 31, 2025 | 33.70 Mn |
| Dec 31, 2024 | 11.41 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Jun 30, 2024 | 11.67 Mn |
| Mar 31, 2024 | 10.29 Mn |
| Dec 31, 2023 | 2.31 Mn |
| Sep 30, 2023 | -16.18 Mn |
| Jun 30, 2023 | 15.94 Mn |
| Mar 31, 2023 | -65.38 Mn |
| Dec 31, 2022 | 8.04 Mn |
| Sep 30, 2022 | 16.65 Mn |
| Jun 30, 2022 | 14.97 Mn |
| Mar 31, 2022 | 12.06 Mn |
| Dec 31, 2021 | -6.52 Mn |
| Sep 30, 2021 | 11.31 Mn |