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% quarter-over-quarter from 11.61% in Q4 2025.
Eastern Bankshares (EBC) Tax Rate (2019 - 2026) Analysis & Trends
Eastern Bankshares (EBC) has 8 years of Tax Rate data on file, last reported at 22.15% in Q1 2026.
- Tax Rate for Q1 2026 came in at 22.15%, up 4048.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.05% (up 7625.0% YoY), and the FY2025 annual result was 11.34%, down 1190.0% from the prior year.
- Tax Rate rose to 22.15% in Q1 2026 per EBC's latest filing, from 11.61% in the prior quarter.
- Over five years, Tax Rate peaked at 30.71% in Q2 2024 and troughed at 83.51% in Q3 2024.
- A 5-year average of 4.25% and a median of 16.42% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate plunged 5818 bps in 2023, then jumped 7055 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 16.42% in 2022, then slumped by 58 bps to 6.83% in 2023, then soared by 131 bps to 15.8% in 2024, then slumped by 173 bps to 11.61% in 2025, then soared by 291 bps to 22.15% in 2026.
- Business Quant data shows EBC's Tax Rate at 22.15% in Q1 2026, 11.61% in Q4 2025, and 12.96% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Eastern Bankshares | 4.62 Bn | 4.06 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% |