The Filing Desk

Eastern Bankshares vs WaFd

Eastern Bankshares EBC · WaFd WAFD · Regional Banks

WaFd reported revenue of $726 million in fiscal 2025, about the same as Eastern Bankshares' $723 million in fiscal 2025. Eastern Bankshares' revenue fell 1.2% in its latest year, and WaFd's grew 0.6%. Eastern Bankshares had a return on equity of 2.2%, against 7.5% at WaFd. Their fiscal years end in different months (December 31 and September 30), so the periods don't line up exactly.

Side by side

Eastern BanksharesWaFd
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Sep 30, 2025
Revenue$723M$726M
Revenue growth−1.2%0.6%
Revenue growth a year, last 5 years4.5%5.4%
Net income$88M$226M
Return on equity2.2%7.5%
Return on tangible common equity3.0%9.2%
Efficiency ratio82.6%58.9%
Dividends and buybacks$212M$186M
Change in diluted share count12.2%8.0%
Last close$22.84$29.43
P/E at the last close12.9×9.3×
Insider trades, last 12 monthsbought $188,100, sold $9.4 millionbought $100,200, sold $955,141
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Eastern BanksharesWaFd
Return on equity
Percent. Net income over average equity.
Eastern BanksharesWaFd
Net income
US$ billions
Eastern BanksharesWaFd

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Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Eastern Bankshares and WaFd pages.