Eastern Bankshares (EBC)

Cash on Hand as of December 2022 : HK$0.82 Billion

According to Eastern Bankshares's latest financial reports the company has HK$0.82 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Eastern Bankshares - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.82 B	-26.54%
2021-12-31	HK$1.12 B	24.78%
2020-12-31	HK$0.90 B	-14.35%
2019-12-31	HK$1.05 B	-9.98%
2018-12-31	HK$1.17 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	HK$1.29 B	57.44%	🇺🇸 USA
National Bank Holdings NBHC	HK$1.51 B	84.37%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Eastern Bankshares (EBC) - Cash on Hand

Cash on Hand as of December 2022 : HK$0.82 Billion