Eastern Bankshares (EBC) Tax Provisions (2019 - 2026)
Eastern Bankshares (EBC) recorded Tax Provisions of $29.6 million in Q2 2026, compared with $100,000 a year earlier and up 59.2% from the prior quarter.
Eastern Bankshares (EBC) Tax Provisions (2019 - 2026) Analysis & Trends
On a TTM basis, Eastern Bankshares' Tax Provisions came in at $25.65 million as of Jun 30, 2026, down 46.6% year-over-year; for FY2025, it came in at $11.29 million, down 68.8% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $36.21 million in FY2024, -$63.31 million in FY2023, $51.72 million in FY2022 (+69.6%) and $30.5 million in FY2021 (+131.1%).
- The Q2 2026 figure is the highest quarterly Tax Provisions since Q1 2025.
- On a year-over-year basis, Tax Provisions rose in two of the last four quarters, with growth averaging 119.3%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 393.7% in Q4 2024, against a decline of 99.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $18.6 million (Q1 2026), -$10.35 million (Q4 2025) and -$12.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 1.40 Bn |
| 10 | Eastern Bankshares | 4.84 Bn | 4.58 Bn | - | 29.60 Mn |
Historic 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 | 33.73 Mn |
| Dec 31, 2024 | 11.41 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Jun 30, 2024 | 11.70 Mn |
| Mar 31, 2024 | 10.30 Mn |
| Dec 31, 2023 | 2.31 Mn |
| Sep 30, 2023 | -16.20 Mn |
| Jun 30, 2023 | 15.94 Mn |
| Mar 31, 2023 | -65.38 Mn |
| Dec 31, 2022 | 8.02 Mn |
| Sep 30, 2022 | 16.70 Mn |
| Jun 30, 2022 | 16.30 Mn |
| Mar 31, 2022 | 14.64 Mn |
| Dec 31, 2021 | -6.48 Mn |
| Sep 30, 2021 | 11.31 Mn |
Eastern Bankshares Tax Provisions 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=tax-provisions&ticker=EBC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=EBC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();