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

Eastern Bankshares, Inc. is the larger business by last-quarter revenue ($295.9M vs $181.5M, roughly 1.6× Mistras Group, Inc.). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 2.1%, a 20.0% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 5.1%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% CAGR vs -0.8%).

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.

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

EBC vs MG — Head-to-Head

Bigger by revenue
EBC
EBC
1.6× larger
EBC
$295.9M
$181.5M
MG
Growing faster (revenue YoY)
EBC
EBC
+705.5% gap
EBC
710.6%
5.1%
MG
Higher net margin
EBC
EBC
20.0% more per $
EBC
22.1%
2.1%
MG
Faster 2-yr revenue CAGR
EBC
EBC
Annualised
EBC
38.6%
-0.8%
MG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EBC
EBC
MG
MG
Revenue
$295.9M
$181.5M
Net Profit
$65.3M
$3.8M
Gross Margin
28.4%
Operating Margin
7.0%
Net Margin
22.1%
2.1%
Revenue YoY
710.6%
5.1%
Net Profit YoY
-34.4%
-27.4%
EPS (diluted)
$0.29
$0.12

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
MG
MG
Q1 26
$295.9M
Q4 25
$37.5M
$181.5M
Q3 25
$241.5M
$195.5M
Q2 25
$244.9M
$185.4M
Q1 25
$31.1M
$161.6M
Q4 24
$216.5M
$172.7M
Q3 24
$203.4M
$182.7M
Q2 24
$154.0M
$189.8M
Net Profit
EBC
EBC
MG
MG
Q1 26
$65.3M
Q4 25
$99.5M
$3.8M
Q3 25
$106.1M
$13.1M
Q2 25
$100.2M
$3.0M
Q1 25
$-217.7M
$-3.2M
Q4 24
$60.8M
$5.2M
Q3 24
$-6.2M
$6.4M
Q2 24
$26.3M
$6.4M
Gross Margin
EBC
EBC
MG
MG
Q1 26
Q4 25
28.4%
Q3 25
29.8%
Q2 25
29.1%
Q1 25
25.3%
Q4 24
26.5%
Q3 24
26.8%
Q2 24
27.1%
Operating Margin
EBC
EBC
MG
MG
Q1 26
Q4 25
7.0%
Q3 25
38.9%
10.4%
Q2 25
41.0%
4.5%
Q1 25
-590.9%
-0.6%
Q4 24
33.3%
6.1%
Q3 24
-1.6%
6.5%
Q2 24
24.7%
6.3%
Net Margin
EBC
EBC
MG
MG
Q1 26
22.1%
Q4 25
265.6%
2.1%
Q3 25
44.0%
6.7%
Q2 25
40.9%
1.6%
Q1 25
-699.2%
-2.0%
Q4 24
28.1%
3.0%
Q3 24
-3.0%
3.5%
Q2 24
17.1%
3.4%
EPS (diluted)
EBC
EBC
MG
MG
Q1 26
$0.29
Q4 25
$0.48
$0.12
Q3 25
$0.53
$0.41
Q2 25
$0.50
$0.10
Q1 25
$-1.08
$-0.10
Q4 24
$0.29
$0.17
Q3 24
$-0.03
$0.20
Q2 24
$0.16
$0.20

Balance Sheet & Financial Strength

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

Metric
EBC
EBC
MG
MG
Cash + ST InvestmentsLiquidity on hand
$551.7M
$28.0M
Total DebtLower is stronger
$178.0M
Stockholders' EquityBook value
$4.3B
$235.1M
Total Assets
$30.6B
$578.8M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EBC
EBC
MG
MG
Q1 26
$551.7M
Q4 25
$507.6M
$28.0M
Q3 25
$703.4M
$27.8M
Q2 25
$948.3M
$20.0M
Q1 25
$609.0M
$18.5M
Q4 24
$1.9B
$18.3M
Q3 24
$1.7B
$20.4M
Q2 24
$1.4B
$17.2M
Total Debt
EBC
EBC
MG
MG
Q1 26
Q4 25
$178.0M
Q3 25
$202.3M
Q2 25
$189.4M
Q1 25
$171.9M
Q4 24
$169.6M
Q3 24
$189.7M
Q2 24
$199.7M
Stockholders' Equity
EBC
EBC
MG
MG
Q1 26
$4.3B
Q4 25
$4.3B
$235.1M
Q3 25
$3.8B
$227.4M
Q2 25
$3.7B
$215.8M
Q1 25
$3.6B
$198.7M
Q4 24
$3.6B
$198.6M
Q3 24
$3.7B
$205.2M
Q2 24
$3.0B
$193.2M
Total Assets
EBC
EBC
MG
MG
Q1 26
$30.6B
Q4 25
$30.6B
$578.8M
Q3 25
$25.5B
$596.3M
Q2 25
$25.5B
$571.0M
Q1 25
$25.0B
$526.8M
Q4 24
$25.6B
$523.0M
Q3 24
$25.5B
$551.7M
Q2 24
$21.0B
$548.1M
Debt / Equity
EBC
EBC
MG
MG
Q1 26
Q4 25
0.76×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.85×
Q3 24
0.92×
Q2 24
1.03×

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
MG
MG
Operating Cash FlowLast quarter
$32.1M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
8.55×
TTM Free Cash FlowTrailing 4 quarters
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EBC
EBC
MG
MG
Q1 26
Q4 25
$432.4M
$32.1M
Q3 25
$157.1M
$4.5M
Q2 25
$123.9M
$-9.3M
Q1 25
$47.3M
$5.6M
Q4 24
$283.8M
$25.7M
Q3 24
$108.3M
$19.4M
Q2 24
$54.3M
$4.5M
Free Cash Flow
EBC
EBC
MG
MG
Q1 26
Q4 25
$26.0M
Q3 25
$-4.1M
Q2 25
$-14.7M
Q1 25
$1.1M
Q4 24
$22.1M
Q3 24
$14.6M
Q2 24
$-284.0K
FCF Margin
EBC
EBC
MG
MG
Q1 26
Q4 25
14.3%
Q3 25
-2.1%
Q2 25
-7.9%
Q1 25
0.7%
Q4 24
12.8%
Q3 24
8.0%
Q2 24
-0.1%
Capex Intensity
EBC
EBC
MG
MG
Q1 26
Q4 25
3.4%
Q3 25
4.4%
Q2 25
2.9%
Q1 25
2.8%
Q4 24
2.1%
Q3 24
2.6%
Q2 24
2.5%
Cash Conversion
EBC
EBC
MG
MG
Q1 26
Q4 25
4.35×
8.55×
Q3 25
1.48×
0.34×
Q2 25
1.24×
-3.07×
Q1 25
Q4 24
4.67×
4.96×
Q3 24
3.02×
Q2 24
2.06×
0.71×

Financial Flow Comparison

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

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