Eastern Bankshares (EBC) Tax Rate (2019 - 2026)
Eastern Bankshares (EBC) reported Tax Rate of 21.96% for Q2 2026, up 21.86 percentage points from 0.10% a year earlier but down 0.23 percentage points from the prior quarter.
Powered by 
Analysis
Eastern Bankshares (EBC) Tax Rate (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Eastern Bankshares' Tax Rate came in at 6.39%, up 331.29 percentage points year-over-year; for FY2025, it came in at 11.34%, down 11.90 percentage points from FY2024.
- Tax Rate has a five-year change of -25.42 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 23.24% in FY2024 (-27.00 pp), 50.25% in FY2023 (+28.54 pp), 21.71% in FY2022 (+4.38 pp) and 17.33% in FY2021 (-19.44 pp).
- Five-year quarterly Tax Rate spans a low of -84.55% in Q3 2024 and a high of 30.79% in Q2 2024.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -0.61 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2025 (a gain of 71.57 percentage points); the low point was Q3 2023 (a drop of 58.30 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.19% (Q1 2026), -11.61% (Q4 2025) and -12.98% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 23.98% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 22.68% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 22.26% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 23.29% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 24.40% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 16.36% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 24.29% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 18.08% |
| 10 | Eastern Bankshares | 5.27 Bn | 5.01 Bn | - | 21.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.96% |
| Mar 31, 2026 | 22.19% |
| Jun 30, 2025 | 0.10% |
| Dec 31, 2024 | 15.80% |
| Jun 30, 2024 | 30.79% |
| Mar 31, 2024 | 21.05% |
| Dec 31, 2023 | 6.83% |
| Jun 30, 2023 | 26.41% |
| Dec 31, 2022 | 16.38% |
| Sep 30, 2022 | 24.04% |
| Jun 30, 2022 | 24.17% |
| Mar 31, 2022 | 22.13% |
| Sep 30, 2021 | 23.36% |
| Jun 30, 2021 | 24.83% |
| Mar 31, 2021 | 22.92% |
| Sep 30, 2020 | 20.67% |
| Jun 30, 2020 | 19.43% |
| Mar 31, 2020 | 13.34% |
| Dec 31, 2019 | 23.40% |
| Sep 30, 2019 | 20.48% |
API Access
Eastern Bankshares Tax Rate 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-rate&ticker=EBC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=EBC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();