Eastern Bankshares, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $88.2M | $119.6M | $232.2M | $199.8M | $154.7M | $22.7M | $135.1M | $122.7M |
| Depreciation & Amortization | $46.9M | $27.0M | $12.3M | $12.0M | $11.9M | $15.8M | $19.5M | $20.1M |
| Depreciation | $12.8M | $12.5M | $10.5M | $10.7M | $11.6M | $13.0M | $15.9M | $16.2M |
| Amortization | $34.2M | $14.6M | $1.8M | $1.2M | $219.0K | $2.9M | $3.5M | $3.9M |
| Stock-Based Compensation | $16.9M | $19.3M | $16.0M | $10.5M | $0 | $0 | $0 | $0 |
| Net Cash from Operating Activities | $432.4M | $283.8M | $261.7M | $229.9M | $174.5M | $69.9M | $196.2M | $205.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $19.4M | $13.5M | $8.1M | $8.6M | $5.7M | $5.1M | $7.2M | $9.0M |
| Business Acquisitions | $1.4M | $-24.9M | $0 | $0 | $9.1M | $1.4M | $0 | $11.5M |
| Net Cash from Investing Activities | $-364.0M | $1.06B | $2.40B | $-1.08B | $-1.99B | $-2.39B | $-145.3M | $-647.1M |
| Financing Activities | ||||||||
| Dividends Paid | $105.7M | $82.5M | $66.7M | $65.9M | $51.6M | $0 | $0 | — |
| Stock Repurchases | $106.6M | $27.7M | $0 | $201.6M | $23.2M | $0 | $0 | — |
| Net Cash from Financing Activities | $-758.4M | $-1.03B | $-2.14B | $-215.6M | $989.0M | $4.01B | $51.9M | $390.7M |
| Net Change in Cash | $-690.0M | $313.8M | $523.6M | $-1.06B | $-822.3M | $1.69B | $102.9M | $-51.4M |
| Free Cash Flow | $413.0M | $270.3M | $253.6M | $221.3M | $168.8M | $64.7M | $189.0M | $196.0M |