Eastern Bankshares (EBC)

Cash on Hand as of December 2022 : ₹8.95 Billion

According to Eastern Bankshares's latest financial reports the company has ₹8.95 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	₹8.77 B	-18.49%
2021-12-31	₹10.76 B	26.25%
2020-12-31	₹8.52 B	-11.76%
2019-12-31	₹9.66 B	-7.69%
2018-12-31	₹10.46 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	₹14.09 B	57.44%	🇺🇸 USA
National Bank Holdings NBHC	₹16.50 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 : ₹8.95 Billion