Eastern Bankshares, Inc.

Eastern Bankshares, Inc.EBCEarnings & Financial Report

Nasdaq · Financials · Savings Institution, Federally Chartered

Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.

EBC Q1 FY2026 Key Financial Metrics

Revenue

$295.9M

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$65.3M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

22.1%

YoY Growth

710.6%

EPS

$0.29

Eastern Bankshares, Inc. Q1 FY2026 Financial Summary

Eastern Bankshares, Inc. reported revenue of $295.9M (up 710.6% YoY) for Q1 FY2026, with a net profit of $65.3M (down 34.4% YoY) (22.1% margin).

Key Financial Metrics

Total Revenue$295.9M
Net Profit$65.3M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ1 FY2026

Eastern Bankshares, Inc. Annual Revenue by Year

Eastern Bankshares, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $555.0M).

YearAnnual Revenue
2025$555.0Mvs 2024
2024$731.5Mvs 2023

Eastern Bankshares, Inc. Quarterly Revenue & Net Profit History

Eastern Bankshares, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$295.9M+710.6%$65.3M22.1%
Q4 FY2025$37.5M-82.7%$99.5M265.6%
Q3 FY2025$241.5M+18.7%$106.1M44.0%
Q2 FY2025$244.9M+59.0%$100.2M40.9%
Q1 FY2025$31.1M-80.2%$-217.7M-699.2%
Q4 FY2024$216.5M+992.6%$60.8M28.1%
Q3 FY2024$203.4M+30.1%$-6.2M-3.0%
Q2 FY2024$154.0M-8.2%$26.3M17.1%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$154.0M$203.4M$216.5M$31.1M$244.9M$241.5M$37.5M$295.9M
YoY Growth-8.2%30.1%992.6%-80.2%59.0%18.7%-82.7%710.6%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$21.04B$25.51B$25.56B$24.99B$25.46B$25.46B$30.59B$30.63B
Liabilities$18.08B$21.84B$21.95B$21.40B$21.77B$21.65B$26.25B$26.35B
Equity$2.97B$3.67B$3.61B$3.58B$3.68B$3.81B$4.34B$4.29B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$54.3M$108.3M$283.8M$47.3M$123.9M$157.1M$432.4M