Eastern Bankshares, Inc. (EBC) SEC Filings & Earnings Calls
EquiReason read 11 Eastern Bankshares, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Eastern Bankshares reported Q3 2026 net income of $111.0M ($0.51/diluted share), with loan growth of 1.1% linked quarter, NIM of 3.62%, and strong capital return of $89.1M includin.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 5.1B
- P/E TTM
- 12.5
- Dividend yield
- 2.4%
- 52-week
- —
- Next earnings
- 20 Jan, in 88 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
22 Oct 20268-K · 2.02, 7.01Eastern Bankshares reported Q3 2026 net income of $111.0M ($0.51/diluted share), with loan growth of 1.1% linked quarter, NIM of 3.62%, and strong capital return of $89.1M including $56.7M in buybacks. Dividend of $0.15/share approved.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q3-2026 | $111M | |
| Earnings per share, diluted · Q3-2026 | $0.51 | |
| Net interest income · Q3-2026 | $258M | |
| Net interest margin (FTE) · Q3-2026 | 3.6% | |
| Efficiency ratio · Q3-2026 | 52.1% | |
| Operating efficiency ratio · Q3-2026 | 47.5% | |
| Return on average assets · Q3-2026 | 1.4% | |
| Return on average tangible common equity · Q3-2026 | 15.7% | |
| Period-end loans · Q3-2026 | $23.97B | |
| Period-end deposits · Q3-2026 | $26.02B | +0% y/y |
Risks flagged
Net interest margin pressure from rising deposit costs
“Net interest margin declined 4 basis points linked quarter, as higher earning asset yields were more than offset by increased deposit costs.” · word for word
Commercial loan closing pace slower than anticipated due to interest rate uncertainty
“the pace of closings has been somewhat slower than anticipated as some clients take a more measured approach to investment decisions amid interest rate uncertainty” · word for word
7 Aug 202610-QEastern Bankshares reported Q2 2026 net income of $105.2M, up 5% YoY, with net interest income rising 24.7%.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q2-2026 | $252M | +25% y/y |
| Net income · Q2-2026 | $105M | +5% y/y |
| Total loans · 2026-06-30 | $23.71B | +1% y/y |
| Total deposits · 2026-06-30 | $25.92B | +2% y/y |
| Total assets · 2026-06-30 | $31.14B | +2% y/y |
| Diluted EPS · Q2-2026 | $0.48 | -4% y/y |
| Provision for loan losses · Q2-2026 | $7M | -11% y/y |
| Operating cash flow · H1-2026 | $145M | -15% y/y |
Risks flagged
Elevated noninterest expense growth
“Total noninterest expense $167,948 and $136,961 for the three months ended June 30, 2026 and 2025, respectively.”
Unrealized losses on securities portfolio
“Accumulated other comprehensive loss $257,797 as of June 30, 2026.”
23 Jul 20268-K · 2.02, 7.01, 8.01Board approved share repurchase program authorizing up to 11.35M shares (5% of outstanding) through Dec 2027; Fed non-objection received. Also declared regular quarterly dividend of $0.15/share.open
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $105M | |
| Operating net income · Q2-2026 | $107M | |
| Net interest margin (FTE) · Q2-2026 | 3.7% | |
| Efficiency ratio · Q2-2026 | 54.3% | |
| Operating efficiency ratio · Q2-2026 | 49.0% | |
| Gross loans · Q2-2026 | $23.71B | |
| Total deposits · Q2-2026 | $25.92B | |
| CET1 capital ratio · Q2-2026 | 13.0% | |
| Tangible book value per share · Q2-2026 | $13.13 | |
| Return on average tangible common equity · Q2-2026 | 15.2% |
Risks flagged
Deposit cost pressure from competitive environment
“Deposit environment is highly competitive; funding costs increased, partially offsetting asset yield gains.”
Commercial real estate payoff headwinds
“Partially offset by headwinds from Commercial Real Estate payoffs.” · word for word
8 May 202610-QNet Interest Income $245M (+30% y/y); Net Income $65M; Total Assets $30.63Bopen
Figures in the filing · each found in the filing text
| Net Interest Income · Q1 2026 | $245M | +30% y/y |
| Net Income · Q1 2026 | $65M | |
| Total Assets · Q1 2026 | $30.63B | |
| Total Deposits · Q1 2026 | $25.11B | |
| Gross Loans · Q1 2026 | $23.39B | |
| Allowance for Loan Losses · Q1 2026 | $328M | |
| Total Shareholders' Equity · Q1 2026 | $4.29B | |
| Provision for Loan Losses · Q1 2026 | $6M | -13% y/y |
| Operating Cash Flow · Q1 2026 | $-9M |
Risks flagged
Credit Risk from Commercial Real Estate
“Commercial real estate charge-offs of $3.6M and provision of $18.0M in Q1 2026.”
Deposit Outflow Risk
“Total deposits decreased $365M from year-end 2025, driven by time deposit outflows.”
23 Apr 20268-K · 2.02, 7.01Operating net income $89M; Operating diluted EPS $0.40; Net interest margin (FTE) 3.63earningsopen
Figures in the filing · each found in the filing text
| Operating net income · Q1-2026 | $89M | |
| Operating diluted EPS · Q1-2026 | $0.40 | |
| Net interest margin (FTE) · Q1-2026 | 3.6% | |
| Wealth assets under management · Q1-2026 | $9.80B | |
| Non-performing loans to total loans · Q1-2026 | 0.6% | |
| Share repurchases · Q1-2026 | $75M | |
| Dividend per share · Q2-2026 | $0.15 | +15% y/y |
Risks flagged
Deposit competition and cost pressure
“The deposit environment remains competitive, and we are taking targeted actions ... will result in some upward pressure on costs” · word for word
Merger integration risk
“Non-operating merger-related costs; core system conversion completed in February”
26 Mar 2026DEF 14AAnnual proxy statement disclosing executive compensation, governance, and performance metrics for 2025.open
Figures in the filing · each found in the filing text
| Total Assets · FY2025 | $30.60B | +20% y/y |
| Total Loans · FY2025 | $23.60B | |
| Total Deposits · FY2025 | $25.50B | |
| Net Income (GAAP) · FY2025 | $88M | -26% y/y |
| Operating Net Income · FY2025 | $318M | +62% y/y |
| Net Interest Income · FY2025 | $829M | +36% y/y |
| Net Interest Margin (FTE) · FY2025 | 3.5% | |
| Operating ROATCE · FY2025 | 12.7% | |
| Operating Efficiency Ratio · FY2025 | 51.7% | |
| Wealth Management Assets · Wealth Management · FY2025 | $10.10B |
Guidance
MIP target Operating Net Income $302.2M; actual $318.0M (105% of target)
Strong operating performance with NIM expansion, loan growth, and improved profitability; no explicit forward guidance but MIP target exceeded.
Risks flagged
Integration risk from multiple acquisitions
“risks related to the implementation of acquisitions, dispositions, and restructurings, including the merger with HarborOne Bancorp and HarborOne Bank” · word for word
Macroeconomic sensitivity to interest rates and recession
“changes in regional, national or international macroeconomic conditions, including tariffs, governmental shutdowns or changes in inflation, recessionary pressures or interest rates in the United States” · word for word
2 Mar 202610-KNet interest income $829M (+36% y/y); Net income $88M (-26% y/y); Total assets $30.59B (+20% y/y)open
Figures in the filing · each found in the filing text
| Net interest income · FY2025 | $829M | +36% y/y |
| Net income · FY2025 | $88M | -26% y/y |
| Total assets · 2025-12-31 | $30.59B | +20% y/y |
| Total deposits · 2025-12-31 | $25.47B | +20% y/y |
| Gross loans · 2025-12-31 | $23.57B | +30% y/y |
Risks flagged
Securities losses
“Losses on sales of securities available for sale, net $269,638 thousand for year ended December 31, 2025.” · word for word
Merger integration risk
“Non-operating expenses $39,157 thousand for year ended December 31, 2025, primarily merger-related.”
22 Jan 20268-K · 2.02, 7.01Net income $100M; operating net income $95M; net interest margin ft 3.61earningsopen
Figures in the filing · each found in the filing text
| net_income · Q4-2025 | $100M | |
| operating_net_income · Q4-2025 | $95M | |
| net_interest_margin_ft · Q4-2025 | 3.6% | |
| net_interest_income · Q4-2025 | $237M | |
| total_loans · Q4-2025 | $23.57B | |
| total_deposits · Q4-2025 | $25.47B | |
| return_on_average_tangible_common_equity · Q4-2025 | 14.4% | |
| operating_efficiency_ratio · Q4-2025 | 50.1% | |
| tangible_book_value_per_share · Q4-2025 | $12.90 | |
| cet1_capital_ratio · Q4-2025 | 13.2% |
Risks flagged
Non-performing loans increased to $172.3 million (0.75% of total loans) from $69.2 million (0.37%) linked quarter, primarily due to HarborOne acquisition
“Non-performing loans increased, as expected, by $103.1 million to $172.3 million, or 0.75% of total loans, due primarily to loans acquired from HarborOne that were thoroughly assessed and adequately reserved” · word for word
6 Nov 202510-QEastern Bankshares reported a strong Q3 2025 with net income of $106.1M, swinging from a loss of $6.2M in Q3 2024, driven by higher net interest income and lower provision.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q3-2025 | $200M | +18% y/y |
| Net income (loss) · Q3-2025 | $106M | |
| Gross loans · 2025-09-30 | $18.83B | |
| Total deposits · 2025-09-30 | $21.12B | |
| Total assets · 2025-09-30 | $25.46B | |
| Diluted EPS (operating) · Q3-2025 | $0.53 | |
| Provision for loan losses · Q3-2025 | $7M | -85% y/y |
| Investment advisory fees · Q3-2025 | $18M | +18% y/y |
Risks flagged
Securities portfolio losses
“Losses on sales of securities available for sale, net $269,638 thousand for nine months ended Sep 2025.” · word for word
Deposit competition
“Total deposits declined slightly despite growth in money market deposits, indicating competitive pressure.”
Merger integration risk
“Non-operating expenses remain elevated but declining; Cambridge merger completed in July 2024.”
3 Nov 20258-K · 2.01, 5.02, 7.01Shares issued in merger 41,430,788; Pro forma shares outstanding 238,450,578acquisitionopen
Figures in the filing · each found in the filing text
| Shares issued in merger · total · 2025-11-01 | 41,430,788 | |
| Pro forma shares outstanding · total · 2025-09-30 | 238,450,578 |
Risks flagged
Integration risk from merger with HarborOne; potential dilution from share issuance.
“Issuance of ~41.4M new shares; pro forma shares increase significantly.”
Eastern Bankshares, Inc. — questions
- What did Eastern Bankshares, Inc. file recently?
- 11 SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Eastern Bankshares reported Q3 2026 net income of $111.0M ($0.51/diluted share), with loan growth of 1.1% linked quarter, NIM of 3.62%, and strong capital return of $89.1M including $56.7M in buybacks. Dividend of $0.15/share approved.
Every figure on this page comes from Eastern Bankshares, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.