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Eastern Bankshares (FRA:EB0) Allowance For Loans And Lease Losses : €-137.3 Mil (As of Mar. 2024)


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What is Eastern Bankshares Allowance For Loans And Lease Losses?

Eastern Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-137.3 Mil.

Eastern Bankshares's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-145.4 Mil) to Dec. 2023 (€-136.6 Mil) but then declined from Dec. 2023 (€-136.6 Mil) to Mar. 2024 (€-137.3 Mil).

Eastern Bankshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-86.5 Mil) to Dec. 2022 (€-134.2 Mil) and declined from Dec. 2022 (€-134.2 Mil) to Dec. 2023 (€-136.6 Mil).


Eastern Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Eastern Bankshares's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eastern Bankshares Allowance For Loans And Lease Losses Chart

Eastern Bankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial -74.07 -92.91 -86.54 -134.25 -136.63

Eastern Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -131.64 -136.56 -145.37 -136.63 -137.26

Eastern Bankshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Eastern Bankshares Allowance For Loans And Lease Losses Related Terms

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Eastern Bankshares (FRA:EB0) Business Description

Industry
Traded in Other Exchanges
Address
265 Franklin Street, Boston, MA, USA, 02110
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has two operating segments; Banking business offers a range of commercial, retail, wealth management, and banking services, and consists of attracting deposits from the general public and investing those deposits, together with borrowings and funds generated from operations and the Insurance agency business segment consist of insurance-related activities, acting as an independent agent in offering commercial, personal and employee benefits insurance products to individual and commercial clients.

Eastern Bankshares (FRA:EB0) Headlines

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