Eastern Bankshares (EBC) Tax Provisions (2019 - 2026)
Eastern Bankshares' (EBC) quarterly Tax Provisions came in at $18.6 million in Q1 2026, down 44.81% year-on-year from $33.7 million in Q1 2025, and up 279.71% on a QoQ basis from -$10.4 million in Q4 2025.
Eastern Bankshares (EBC) Tax Provisions (2019 - 2026) Analysis & Trends
Eastern Bankshares (EBC) has 8 years of Tax Provisions data on file, last reported at $18.6 million in Q1 2026.
- On a quarterly basis, Tax Provisions fell 44.81% year-over-year to $18.6 million in Q1 2026; TTM through Mar 2026 was -$3.8 million, a 106.46% decrease from a year earlier, with the FY2025 full-year figure at $11.3 million, down 68.82% from the prior year.
- Tax Provisions for Q1 2026 stood at $18.6 million, up from -$10.4 million in the prior quarter.
- Over the last five years, Tax Provisions for EBC reached as high as $33.7 million in Q1 2025 and fell as low as -$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.
- Across the five-year window, Tax Provisions slumped 641.93% in 2023 and soared 393.81% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $8.0 million in 2022, then slumped by 71.26% to $2.3 million in 2023, then surged by 393.81% to $11.4 million in 2024, then plunged by 190.73% to -$10.4 million in 2025, then surged by 279.71% to $18.6 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $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 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 422,877.20 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -709.14 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 75.02 Mn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -633.64 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.03 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 415.00 Mn |
| 10 | Eastern Bankshares | 5.30 Bn | 4.75 Bn | - | 18.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 11.50 Mn |