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Side-by-side financial comparison of Eastern Bankshares, Inc. (EBC) and GLOBAL INDUSTRIAL Co (GIC). Click either name above to swap in a different company.

GLOBAL INDUSTRIAL Co is the larger business by last-quarter revenue ($345.6M vs $295.9M, roughly 1.2× Eastern Bankshares, Inc.). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 4.2%, a 17.8% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 14.3%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% CAGR vs 3.4%).

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.

Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.

EBC vs GIC — Head-to-Head

Bigger by revenue
GIC
GIC
1.2× larger
GIC
$345.6M
$295.9M
EBC
Growing faster (revenue YoY)
EBC
EBC
+696.3% gap
EBC
710.6%
14.3%
GIC
Higher net margin
EBC
EBC
17.8% more per $
EBC
22.1%
4.2%
GIC
Faster 2-yr revenue CAGR
EBC
EBC
Annualised
EBC
38.6%
3.4%
GIC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EBC
EBC
GIC
GIC
Revenue
$295.9M
$345.6M
Net Profit
$65.3M
$14.6M
Gross Margin
34.5%
Operating Margin
5.7%
Net Margin
22.1%
4.2%
Revenue YoY
710.6%
14.3%
Net Profit YoY
-34.4%
36.4%
EPS (diluted)
$0.29
$0.37

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
EBC
EBC
GIC
GIC
Q1 26
$295.9M
Q4 25
$37.5M
$345.6M
Q3 25
$241.5M
$353.6M
Q2 25
$244.9M
$358.9M
Q1 25
$31.1M
$321.0M
Q4 24
$216.5M
$302.3M
Q3 24
$203.4M
$342.4M
Q2 24
$154.0M
$347.8M
Net Profit
EBC
EBC
GIC
GIC
Q1 26
$65.3M
Q4 25
$99.5M
$14.6M
Q3 25
$106.1M
$18.8M
Q2 25
$100.2M
$25.1M
Q1 25
$-217.7M
$13.6M
Q4 24
$60.8M
$10.7M
Q3 24
$-6.2M
$16.8M
Q2 24
$26.3M
$20.3M
Gross Margin
EBC
EBC
GIC
GIC
Q1 26
Q4 25
34.5%
Q3 25
35.6%
Q2 25
37.1%
Q1 25
34.9%
Q4 24
33.8%
Q3 24
34.0%
Q2 24
35.2%
Operating Margin
EBC
EBC
GIC
GIC
Q1 26
Q4 25
5.7%
Q3 25
38.9%
7.4%
Q2 25
41.0%
9.3%
Q1 25
-590.9%
5.7%
Q4 24
33.3%
4.8%
Q3 24
-1.6%
6.5%
Q2 24
24.7%
7.6%
Net Margin
EBC
EBC
GIC
GIC
Q1 26
22.1%
Q4 25
265.6%
4.2%
Q3 25
44.0%
5.3%
Q2 25
40.9%
7.0%
Q1 25
-699.2%
4.2%
Q4 24
28.1%
3.5%
Q3 24
-3.0%
4.9%
Q2 24
17.1%
5.8%
EPS (diluted)
EBC
EBC
GIC
GIC
Q1 26
$0.29
Q4 25
$0.48
$0.37
Q3 25
$0.53
$0.48
Q2 25
$0.50
$0.65
Q1 25
$-1.08
$0.35
Q4 24
$0.29
$0.28
Q3 24
$-0.03
$0.44
Q2 24
$0.16
$0.52

Balance Sheet & Financial Strength

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

Metric
EBC
EBC
GIC
GIC
Cash + ST InvestmentsLiquidity on hand
$551.7M
$67.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$313.2M
Total Assets
$30.6B
$580.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EBC
EBC
GIC
GIC
Q1 26
$551.7M
Q4 25
$507.6M
$67.5M
Q3 25
$703.4M
$67.2M
Q2 25
$948.3M
$55.1M
Q1 25
$609.0M
$39.0M
Q4 24
$1.9B
$44.6M
Q3 24
$1.7B
$38.9M
Q2 24
$1.4B
$38.8M
Stockholders' Equity
EBC
EBC
GIC
GIC
Q1 26
$4.3B
Q4 25
$4.3B
$313.2M
Q3 25
$3.8B
$316.0M
Q2 25
$3.7B
$305.2M
Q1 25
$3.6B
$287.9M
Q4 24
$3.6B
$281.1M
Q3 24
$3.7B
$279.2M
Q2 24
$3.0B
$270.4M
Total Assets
EBC
EBC
GIC
GIC
Q1 26
$30.6B
Q4 25
$30.6B
$580.8M
Q3 25
$25.5B
$602.5M
Q2 25
$25.5B
$586.5M
Q1 25
$25.0B
$536.7M
Q4 24
$25.6B
$520.7M
Q3 24
$25.5B
$531.6M
Q2 24
$21.0B
$542.5M

Cash Flow & Capital Efficiency

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

Metric
EBC
EBC
GIC
GIC
Operating Cash FlowLast quarter
$20.0M
Free Cash FlowOCF − Capex
$19.2M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.37×
TTM Free Cash FlowTrailing 4 quarters
$74.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EBC
EBC
GIC
GIC
Q1 26
Q4 25
$432.4M
$20.0M
Q3 25
$157.1M
$22.7M
Q2 25
$123.9M
$31.7M
Q1 25
$47.3M
$3.4M
Q4 24
$283.8M
$15.9M
Q3 24
$108.3M
$9.6M
Q2 24
$54.3M
$18.8M
Free Cash Flow
EBC
EBC
GIC
GIC
Q1 26
Q4 25
$19.2M
Q3 25
$22.0M
Q2 25
$30.3M
Q1 25
$3.2M
Q4 24
$15.2M
Q3 24
$8.7M
Q2 24
$17.9M
FCF Margin
EBC
EBC
GIC
GIC
Q1 26
Q4 25
5.6%
Q3 25
6.2%
Q2 25
8.4%
Q1 25
1.0%
Q4 24
5.0%
Q3 24
2.5%
Q2 24
5.1%
Capex Intensity
EBC
EBC
GIC
GIC
Q1 26
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.4%
Q1 25
0.1%
Q4 24
0.2%
Q3 24
0.3%
Q2 24
0.3%
Cash Conversion
EBC
EBC
GIC
GIC
Q1 26
Q4 25
4.35×
1.37×
Q3 25
1.48×
1.21×
Q2 25
1.24×
1.26×
Q1 25
0.25×
Q4 24
4.67×
1.49×
Q3 24
0.57×
Q2 24
2.06×
0.93×

Financial Flow Comparison

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

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