Eastern Bankshares (EBC) Tax Rate: 2021-2024
Historic Tax Rate for Eastern Bankshares (EBC) over the last 4 years, with Dec 2024 value amounting to 15.80%.
- Eastern Bankshares' Tax Rate rose 897.00% to 15.80% in Q4 2024 from the same period last year, while for Dec 2024 it was 23.26%, marking a year-over-year decrease of 2699.00%. This contributed to the annual value of 23.24% for FY2024, which is 2700.00% down from last year.
- Per Eastern Bankshares' latest filing, its Tax Rate stood at 15.80% for Q4 2024, which was down 48.68% from 30.79% recorded in Q2 2024.
- Eastern Bankshares' Tax Rate's 5-year high stood at 30.79% during Q2 2024, with a 5-year trough of 6.83% in Q4 2023.
- For the 3-year period, Eastern Bankshares' Tax Rate averaged around 21.06%, with its median value being 22.50% (2022).
- Per our database at Business Quant, Eastern Bankshares' Tax Rate crashed by 955bps in 2023 and then surged by 897bps in 2024.
- Eastern Bankshares' Tax Rate (Quarterly) stood at 23.36% in 2021, then surged by 61bps to 16.38% in 2022, then slumped by 955bps to 6.83% in 2023, then soared by 897bps to 15.80% in 2024.
- Its Tax Rate stands at 15.80% for Q4 2024, versus 30.79% for Q2 2024 and 21.03% for Q1 2024.