Eastern Bankshares (EBC) Tax Rate (2019 - 2026)
Eastern Bankshares (EBC) reported Tax Rate of 22.15% for Q1 2026, up 4048.0% year-over-year from 0.53% in Q1 2025, and up 290.78% on a QoQ basis from 11.61% in Q4 2025.
Eastern Bankshares (EBC) has 8 years of Tax Rate data on file, last reported at 22.15% in Q1 2026.
- Quarterly Tax Rate rose 4048.0% year-over-year to 22.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.05% (up 7625.0% YoY) and the FY2025 annual result came in at 11.34%, down 1190.0% from the prior year.
- Tax Rate grew to 22.15% in Q1 2026 per EBC's latest filing, from 11.61% in the prior quarter.
- Across five years, Tax Rate topped out at 30.71% in Q2 2024 and bottomed at 83.51% in Q3 2024.
- The 5-year median for Tax Rate is 16.42% (2022), against an average of 4.25%.
- The widest annual swing landed in 2023, when Tax Rate slumped 5818 bps; it then surged 7055 bps in 2025.
- Tracing EBC's Tax Rate over 5 years: stood at 16.42% in 2022, then plunged by 58 bps to 6.83% in 2023, then jumped by 131 bps to 15.8% in 2024, then plunged by 173 bps to 11.61% in 2025, then jumped by 291 bps to 22.15% in 2026.
- Per Business Quant, the three latest EBC Tax Rate figures stand at 22.15% (Q1 2026), 11.61% (Q4 2025), and 12.96% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Eastern Bankshares | 4.41 Bn | 3.86 Bn | - | 22.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.15 |
| Mar 31, 2026 | 22.15 |
| Dec 31, 2025 | -11.61 |
| Dec 31, 2025 | -11.61 |
| Sep 30, 2025 | -12.96 |
| Sep 30, 2025 | -12.96 |
| Jun 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | -18.34 |
| Mar 31, 2025 | -18.34 |
| Dec 31, 2024 | 15.80 |
| Dec 31, 2024 | 15.80 |
| Sep 30, 2024 | -83.51 |
| Sep 30, 2024 | -83.51 |
| Jun 30, 2024 | 30.71 |
| Jun 30, 2024 | 30.71 |
| Mar 31, 2024 | 21.03 |
| Mar 31, 2024 | 21.03 |
| Dec 31, 2023 | 6.83 |
| Dec 31, 2023 | 6.83 |
| Sep 30, 2023 | -34.21 |
| Sep 30, 2023 | -34.21 |
| Jun 30, 2023 | 26.41 |
| Jun 30, 2023 | 26.41 |
| Mar 31, 2023 | 24.44 |
| Mar 31, 2023 | 24.44 |
| Dec 31, 2022 | 16.42 |
| Dec 31, 2022 | 16.42 |
| Sep 30, 2022 | 23.97 |
| Sep 30, 2022 | 23.97 |
| Jun 30, 2022 | 23.83 |
| Jun 30, 2022 | 23.83 |
| Mar 31, 2022 | 21.16 |
| Mar 31, 2022 | 21.16 |
| Dec 31, 2021 | -33.52 |
| Dec 31, 2021 | -33.52 |
| Sep 30, 2021 | 23.36 |
| Sep 30, 2021 | 23.36 |
| Jun 30, 2021 | 24.83 |
| Jun 30, 2021 | 24.83 |
| Mar 31, 2021 | 22.92 |
| Mar 31, 2021 | 22.92 |
| Dec 31, 2020 | 5.90 |
| Dec 31, 2020 | 5.90 |
| Sep 30, 2020 | 20.67 |
| Sep 30, 2020 | 20.67 |
| Jun 30, 2020 | 19.43 |
| Jun 30, 2020 | 19.43 |
| Mar 31, 2020 | 13.32 |
| Mar 31, 2020 | 13.32 |
| Dec 31, 2019 | 23.40 |
| Dec 31, 2019 | 23.40 |
| Sep 30, 2019 | 20.48 |
| Sep 30, 2019 | 20.48 |
| Jun 30, 2019 | 23.94 |
| Jun 30, 2019 | 23.94 |
| Mar 31, 2019 | 22.70 |
| Mar 31, 2019 | 22.70 |