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Side-by-side financial comparison of DELUXE CORP (DLX) and Eastern Bankshares, Inc. (EBC). Click either name above to swap in a different company.

DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $295.9M, roughly 1.8× Eastern Bankshares, Inc.). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 2.2%, a 19.8% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 2.8%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% CAGR vs 0.0%).

Deluxe Corporation is an American company that provides payment processing, data services, checks and promotional products, and merchant services. It operates in four divisions: B2B payments, data, print, and merchant services. As of 2025, the company serves millions of small businesses and thousands of financial institutions, processing more than $2.8 trillion in payments annually. While its legacy business centers on check printing and other printed products, payments and data services now ...

Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.

DLX vs EBC — Head-to-Head

Bigger by revenue
DLX
DLX
1.8× larger
DLX
$535.2M
$295.9M
EBC
Growing faster (revenue YoY)
EBC
EBC
+707.8% gap
EBC
710.6%
2.8%
DLX
Higher net margin
EBC
EBC
19.8% more per $
EBC
22.1%
2.2%
DLX
Faster 2-yr revenue CAGR
EBC
EBC
Annualised
EBC
38.6%
0.0%
DLX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DLX
DLX
EBC
EBC
Revenue
$535.2M
$295.9M
Net Profit
$12.0M
$65.3M
Gross Margin
52.2%
Operating Margin
8.9%
Net Margin
2.2%
22.1%
Revenue YoY
2.8%
710.6%
Net Profit YoY
-5.0%
-34.4%
EPS (diluted)
$0.25
$0.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLX
DLX
EBC
EBC
Q1 26
$295.9M
Q4 25
$535.2M
$37.5M
Q3 25
$540.2M
$241.5M
Q2 25
$521.3M
$244.9M
Q1 25
$536.5M
$31.1M
Q4 24
$520.6M
$216.5M
Q3 24
$528.4M
$203.4M
Q2 24
$537.8M
$154.0M
Net Profit
DLX
DLX
EBC
EBC
Q1 26
$65.3M
Q4 25
$12.0M
$99.5M
Q3 25
$33.7M
$106.1M
Q2 25
$22.4M
$100.2M
Q1 25
$14.0M
$-217.7M
Q4 24
$12.6M
$60.8M
Q3 24
$8.9M
$-6.2M
Q2 24
$20.5M
$26.3M
Gross Margin
DLX
DLX
EBC
EBC
Q1 26
Q4 25
52.2%
Q3 25
53.9%
Q2 25
53.6%
Q1 25
52.4%
Q4 24
52.3%
Q3 24
53.3%
Q2 24
53.7%
Operating Margin
DLX
DLX
EBC
EBC
Q1 26
Q4 25
8.9%
Q3 25
14.0%
38.9%
Q2 25
11.7%
41.0%
Q1 25
9.0%
-590.9%
Q4 24
9.0%
33.3%
Q3 24
7.9%
-1.6%
Q2 24
11.0%
24.7%
Net Margin
DLX
DLX
EBC
EBC
Q1 26
22.1%
Q4 25
2.2%
265.6%
Q3 25
6.2%
44.0%
Q2 25
4.3%
40.9%
Q1 25
2.6%
-699.2%
Q4 24
2.4%
28.1%
Q3 24
1.7%
-3.0%
Q2 24
3.8%
17.1%
EPS (diluted)
DLX
DLX
EBC
EBC
Q1 26
$0.29
Q4 25
$0.25
$0.48
Q3 25
$0.74
$0.53
Q2 25
$0.50
$0.50
Q1 25
$0.31
$-1.08
Q4 24
$0.28
$0.29
Q3 24
$0.20
$-0.03
Q2 24
$0.46
$0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLX
DLX
EBC
EBC
Cash + ST InvestmentsLiquidity on hand
$36.9M
$551.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$680.7M
$4.3B
Total Assets
$2.9B
$30.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
EBC
EBC
Q1 26
$551.7M
Q4 25
$36.9M
$507.6M
Q3 25
$25.8M
$703.4M
Q2 25
$26.0M
$948.3M
Q1 25
$30.3M
$609.0M
Q4 24
$34.4M
$1.9B
Q3 24
$41.3M
$1.7B
Q2 24
$23.1M
$1.4B
Stockholders' Equity
DLX
DLX
EBC
EBC
Q1 26
$4.3B
Q4 25
$680.7M
$4.3B
Q3 25
$664.1M
$3.8B
Q2 25
$638.7M
$3.7B
Q1 25
$622.5M
$3.6B
Q4 24
$620.9M
$3.6B
Q3 24
$612.7M
$3.7B
Q2 24
$620.5M
$3.0B
Total Assets
DLX
DLX
EBC
EBC
Q1 26
$30.6B
Q4 25
$2.9B
$30.6B
Q3 25
$2.6B
$25.5B
Q2 25
$2.5B
$25.5B
Q1 25
$2.6B
$25.0B
Q4 24
$2.8B
$25.6B
Q3 24
$2.6B
$25.5B
Q2 24
$2.7B
$21.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLX
DLX
EBC
EBC
Operating Cash FlowLast quarter
$102.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
8.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
EBC
EBC
Q1 26
Q4 25
$102.1M
$432.4M
Q3 25
$67.1M
$157.1M
Q2 25
$51.1M
$123.9M
Q1 25
$50.3M
$47.3M
Q4 24
$60.2M
$283.8M
Q3 24
$67.9M
$108.3M
Q2 24
$39.6M
$54.3M
Free Cash Flow
DLX
DLX
EBC
EBC
Q1 26
Q4 25
Q3 25
Q2 25
$27.8M
Q1 25
$24.3M
Q4 24
Q3 24
$46.7M
Q2 24
$11.4M
FCF Margin
DLX
DLX
EBC
EBC
Q1 26
Q4 25
Q3 25
Q2 25
5.3%
Q1 25
4.5%
Q4 24
Q3 24
8.8%
Q2 24
2.1%
Capex Intensity
DLX
DLX
EBC
EBC
Q1 26
Q4 25
Q3 25
Q2 25
4.5%
Q1 25
4.8%
Q4 24
Q3 24
4.0%
Q2 24
5.2%
Cash Conversion
DLX
DLX
EBC
EBC
Q1 26
Q4 25
8.53×
4.35×
Q3 25
1.99×
1.48×
Q2 25
2.28×
1.24×
Q1 25
3.59×
Q4 24
4.77×
4.67×
Q3 24
7.60×
Q2 24
1.94×
2.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLX
DLX

Services$247.9M46%
B2B Payments$76.3M14%
Datadrivenmarketingsolutions$68.5M13%
Promotional Solutions Revenue$60.9M11%
Treasurymanagementsolutions$59.8M11%
Other$17.3M3%
Other Web Based Solutions$4.6M1%

EBC
EBC

Segment breakdown not available.

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