Quarterly ResultAug 7, 2026, 11:01 AM

Eastern Bankshares H1 Net Income $170.5M, EPS $0.77; Q2 Net Income $105.2M

AI Summary

Eastern Bankshares, Inc. reported a significant turnaround for the first half of 2026, achieving a net income of $170.5 million, or $0.77 per diluted share, compared to a net loss in the prior year. For the second quarter of 2026, net income increased to $105.2 million, or $0.48 per diluted share. The company also saw growth in total assets and deposits, alongside increased dividends and share repurchases.

Key Highlights

H1 2026 net income was $170.5 million, up from a $117.4 million net loss in H1 2025.
H1 2026 diluted EPS was $0.77, compared to a diluted loss per share of $0.59 in H1 2025.
Q2 2026 net income increased 5.0% to $105.2 million from $100.2 million in Q2 2025.
Q2 2026 diluted EPS was $0.48, compared to $0.50 in Q2 2025.
Total assets grew 1.8% to $31.14 billion as of June 30, 2026.
Total deposits increased 1.8% to $25.92 billion as of June 30, 2026.
Q2 2026 dividends declared increased 15.4% to $0.15 per share.
H1 2026 share repurchases totaled $149.2 million, up from $51.9 million in H1 2025.

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EBC

Savings Institutions

Eastern Bankshares, Inc.

Price Impact