Eastern Bankshares (EBC) Tax Rate: 2018-2024

Historic Tax Rate for Eastern Bankshares (EBC) over the last 7 years, with Dec 2024 value amounting to 23.24%.

  • 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 23.24% for FY2024, which was down 53.74% from 50.25% recorded in FY2023.
  • In the past 5 years, Eastern Bankshares' Tax Rate ranged from a high of 50.25% in FY2023 and a low of 17.33% during FY2021.
  • Its 3-year average for Tax Rate is 31.73%, with a median of 23.24% in 2024.
  • In the last 5 years, Eastern Bankshares' Tax Rate surged by 2,854bps in 2023 and then tumbled by 2,700bps in 2024.
  • Eastern Bankshares' Tax Rate (Yearly) stood at 36.77% in 2020, then tumbled by 1,944bps to 17.33% in 2021, then spiked by 438bps to 21.71% in 2022, then spiked by 2,854bps to 50.25% in 2023, then crashed by 2,700bps to 23.24% in 2024.