Eastern Bankshares (EBC) Financials

Eastern Bankshares, Inc. (EBC) is a leading financial institution that provides a wide range of financial services to individuals and businesses. The company's income statement shows its financial performance over a specific period, detailing its revenues, expenses, and net income. EBC's gross profit represents the amount of revenue it generates after deducting the cost of goods sold. This indicates the company's ability to generate profits from its core operations. EBC's net income from stockholders reflects the profit available to the company's shareholders after all expenses and taxes have been paid.

EBC's total revenue is the sum of all the revenues generated by the company from different sources. It includes both operating and non-operating revenues. The balance sheet provides a snapshot of EBC's financial position at a given point in time. It shows the company's assets, liabilities, and stockholders' equity. EBC's cash equivalents are highly liquid assets that can be easily converted into cash. Net debt represents the company's total debt minus its cash and cash equivalents. It indicates the company's ability to repay its debts.

Stockholders' equity represents the ownership interest in a company. It is calculated by subtracting total liabilities from total assets. EBC's total assets include both current and non-current assets. They represent the company's resources that have economic value and can be used to generate future economic benefits. Total debt represents the company's borrowing obligations, including both short-term and long-term debt. It shows the amount of leverage or financial risk in the company's capital structure. Total liabilities include both current and non-current liabilities, such as accounts payable, loans, and other obligations owed by the company.

EBC's cash flow statement provides information about the company's cash inflows and outflows during a specific period. It is divided into three sections: operating, investing, and financing cash flows. Operating cash flow shows the amount of cash generated or used by the company's core operations. Investing cash flow represents the cash inflows and outflows related to the company's investment activities, such as purchasing or selling assets. Financing cash flow shows the cash inflows and outflows related to the company's financing activities, such as issuing or repurchasing stock or paying dividends.

Free cash flow is a measure of a company's ability to generate cash from its operations. It is calculated by subtracting capital expenditures from operating cash flow. Positive free cash flow indicates that the company has surplus cash that can be used for investments or other purposes. Negative free cash flow may indicate that the company is spending more cash than it is generating from its operations. EBC's financials provide valuable insights into the company's financial performance and its ability to generate profits and cash flows.