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Side-by-side financial comparison of Eastern Bankshares, Inc. (EBC) and Essex Property Trust (ESS). Click either name above to swap in a different company.
Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $295.9M, roughly 1.6× Eastern Bankshares, Inc.). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 17.9%, a 4.2% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 5.5%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% CAGR vs 6.0%).
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.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
EBC vs ESS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $295.9M | $479.6M |
| Net Profit | $65.3M | $85.7M |
| Gross Margin | — | 70.0% |
| Operating Margin | — | 31.7% |
| Net Margin | 22.1% | 17.9% |
| Revenue YoY | 710.6% | 5.5% |
| Net Profit YoY | -34.4% | -71.6% |
| EPS (diluted) | $0.29 | $1.24 |
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.
| Q1 26 | $295.9M | — | ||
| Q4 25 | $37.5M | $479.6M | ||
| Q3 25 | $241.5M | $473.3M | ||
| Q2 25 | $244.9M | $469.8M | ||
| Q1 25 | $31.1M | $464.6M | ||
| Q4 24 | $216.5M | $454.5M | ||
| Q3 24 | $203.4M | $450.7M | ||
| Q2 24 | $154.0M | $442.4M |
| Q1 26 | $65.3M | — | ||
| Q4 25 | $99.5M | $85.7M | ||
| Q3 25 | $106.1M | $172.7M | ||
| Q2 25 | $100.2M | $231.5M | ||
| Q1 25 | $-217.7M | $212.8M | ||
| Q4 24 | $60.8M | $301.7M | ||
| Q3 24 | $-6.2M | $125.5M | ||
| Q2 24 | $26.3M | $99.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 70.0% | ||
| Q3 25 | — | 69.2% | ||
| Q2 25 | — | 70.7% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | — | 70.0% | ||
| Q3 24 | — | 69.5% | ||
| Q2 24 | — | 70.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 31.7% | ||
| Q3 25 | 38.9% | 44.5% | ||
| Q2 25 | 41.0% | 59.5% | ||
| Q1 25 | -590.9% | 55.3% | ||
| Q4 24 | 33.3% | 67.0% | ||
| Q3 24 | -1.6% | 28.6% | ||
| Q2 24 | 24.7% | 31.1% |
| Q1 26 | 22.1% | — | ||
| Q4 25 | 265.6% | 17.9% | ||
| Q3 25 | 44.0% | 36.5% | ||
| Q2 25 | 40.9% | 49.3% | ||
| Q1 25 | -699.2% | 45.8% | ||
| Q4 24 | 28.1% | 66.4% | ||
| Q3 24 | -3.0% | 27.8% | ||
| Q2 24 | 17.1% | 22.4% |
| Q1 26 | $0.29 | — | ||
| Q4 25 | $0.48 | $1.24 | ||
| Q3 25 | $0.53 | $2.56 | ||
| Q2 25 | $0.50 | $3.44 | ||
| Q1 25 | $-1.08 | $3.16 | ||
| Q4 24 | $0.29 | $4.00 | ||
| Q3 24 | $-0.03 | $1.84 | ||
| Q2 24 | $0.16 | $1.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $551.7M | $76.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $5.5B |
| Total Assets | $30.6B | $13.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $551.7M | — | ||
| Q4 25 | $507.6M | $76.2M | ||
| Q3 25 | $703.4M | $66.0M | ||
| Q2 25 | $948.3M | $58.7M | ||
| Q1 25 | $609.0M | $98.7M | ||
| Q4 24 | $1.9B | $66.8M | ||
| Q3 24 | $1.7B | $71.3M | ||
| Q2 24 | $1.4B | $55.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.8B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $5.5B | ||
| Q3 25 | $3.8B | $5.6B | ||
| Q2 25 | $3.7B | $5.6B | ||
| Q1 25 | $3.6B | $5.6B | ||
| Q4 24 | $3.6B | $5.5B | ||
| Q3 24 | $3.7B | $5.4B | ||
| Q2 24 | $3.0B | $5.5B |
| Q1 26 | $30.6B | — | ||
| Q4 25 | $30.6B | $13.2B | ||
| Q3 25 | $25.5B | $13.2B | ||
| Q2 25 | $25.5B | $13.2B | ||
| Q1 25 | $25.0B | $13.2B | ||
| Q4 24 | $25.6B | $12.9B | ||
| Q3 24 | $25.5B | $12.6B | ||
| Q2 24 | $21.0B | $12.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.18× | ||
| Q2 24 | — | 1.13× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.1B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 12.53× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $432.4M | $1.1B | ||
| Q3 25 | $157.1M | $342.6M | ||
| Q2 25 | $123.9M | $216.1M | ||
| Q1 25 | $47.3M | $281.5M | ||
| Q4 24 | $283.8M | $1.1B | ||
| Q3 24 | $108.3M | $316.2M | ||
| Q2 24 | $54.3M | $218.9M |
| Q1 26 | — | — | ||
| Q4 25 | 4.35× | 12.53× | ||
| Q3 25 | 1.48× | 1.98× | ||
| Q2 25 | 1.24× | 0.93× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | 4.67× | 3.54× | ||
| Q3 24 | — | 2.52× | ||
| Q2 24 | 2.06× | 2.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
