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Side-by-side financial comparison of Eastern Bankshares, Inc. (EBC) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $295.9M, roughly 1.0× Eastern Bankshares, Inc.). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 22.1%, a 33.6% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs -3.0%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% CAGR vs -1.4%).
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.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
EBC vs MTG — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $295.9M | $297.1M |
| Net Profit | $65.3M | $165.3M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 22.1% | 55.6% |
| Revenue YoY | 710.6% | -3.0% |
| Net Profit YoY | -34.4% | -10.9% |
| EPS (diluted) | $0.29 | $0.76 |
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 | $297.1M | ||
| Q4 25 | $37.5M | $298.7M | ||
| Q3 25 | $241.5M | $304.5M | ||
| Q2 25 | $244.9M | $304.2M | ||
| Q1 25 | $31.1M | $306.2M | ||
| Q4 24 | $216.5M | $301.4M | ||
| Q3 24 | $203.4M | $306.6M | ||
| Q2 24 | $154.0M | $305.3M |
| Q1 26 | $65.3M | $165.3M | ||
| Q4 25 | $99.5M | $169.3M | ||
| Q3 25 | $106.1M | $191.1M | ||
| Q2 25 | $100.2M | $192.5M | ||
| Q1 25 | $-217.7M | $185.5M | ||
| Q4 24 | $60.8M | $184.7M | ||
| Q3 24 | $-6.2M | $200.0M | ||
| Q2 24 | $26.3M | $204.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 71.2% | ||
| Q3 25 | 38.9% | 77.2% | ||
| Q2 25 | 41.0% | 80.9% | ||
| Q1 25 | -590.9% | 76.6% | ||
| Q4 24 | 33.3% | 77.9% | ||
| Q3 24 | -1.6% | 82.9% | ||
| Q2 24 | 24.7% | 85.1% |
| Q1 26 | 22.1% | 55.6% | ||
| Q4 25 | 265.6% | 56.7% | ||
| Q3 25 | 44.0% | 62.8% | ||
| Q2 25 | 40.9% | 63.3% | ||
| Q1 25 | -699.2% | 60.6% | ||
| Q4 24 | 28.1% | 61.3% | ||
| Q3 24 | -3.0% | 65.2% | ||
| Q2 24 | 17.1% | 66.9% |
| Q1 26 | $0.29 | $0.76 | ||
| Q4 25 | $0.48 | $0.75 | ||
| Q3 25 | $0.53 | $0.83 | ||
| Q2 25 | $0.50 | $0.81 | ||
| Q1 25 | $-1.08 | $0.75 | ||
| Q4 24 | $0.29 | $0.71 | ||
| Q3 24 | $-0.03 | $0.77 | ||
| Q2 24 | $0.16 | $0.77 |
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 | $235.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $5.0B |
| Total Assets | $30.6B | $6.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $551.7M | $235.1M | ||
| Q4 25 | $507.6M | $369.0M | ||
| Q3 25 | $703.4M | $266.9M | ||
| Q2 25 | $948.3M | $294.9M | ||
| Q1 25 | $609.0M | $207.0M | ||
| Q4 24 | $1.9B | $229.5M | ||
| Q3 24 | $1.7B | $288.6M | ||
| Q2 24 | $1.4B | $281.8M |
| Q1 26 | $4.3B | $5.0B | ||
| Q4 25 | $4.3B | $5.1B | ||
| Q3 25 | $3.8B | $5.2B | ||
| Q2 25 | $3.7B | $5.2B | ||
| Q1 25 | $3.6B | $5.1B | ||
| Q4 24 | $3.6B | $5.2B | ||
| Q3 24 | $3.7B | $5.3B | ||
| Q2 24 | $3.0B | $5.1B |
| Q1 26 | $30.6B | $6.4B | ||
| Q4 25 | $30.6B | $6.6B | ||
| Q3 25 | $25.5B | $6.6B | ||
| Q2 25 | $25.5B | $6.5B | ||
| Q1 25 | $25.0B | $6.5B | ||
| Q4 24 | $25.6B | $6.5B | ||
| Q3 24 | $25.5B | $6.7B | ||
| Q2 24 | $21.0B | $6.5B |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.