The earnings call presented a strong performance for Eastern Bankshares, with significant growth in earnings, loans, and assets under management, as well as positive credit trends and strategic merger progress. However, challenges include losses from securities repositioning and increased operating expenses. Overall, the positive aspects outweigh the negative, indicating a strong position for future growth.

Company Guidance

During the Eastern Bankshares, Inc. second quarter 2025 earnings call, management highlighted several key metrics reflecting their strong performance. Operating earnings increased by 21% from the first quarter to $81.7 million, with a net interest margin expansion of 21 basis points to 3.59%. The operating efficiency ratio improved to 50.8% due to higher revenues and effective expense management. Total assets reached $25.5 billion, a 2% increase from March 31, while tangible book value per share rose by 4% to $12.53. The bank saw robust loan growth of 8% annualized, and deposits grew by 8% annualized, with costs remaining stable. The wealth management business achieved record assets under management of $8.7 billion. Credit trends were positive, with nonperforming loans improving to 30 basis points and no net charge-offs. Eastern Bankshares revised its full-year 2025 outlook, raising loan growth expectations to 3% to 5% and lowering the deposit growth outlook to 0% to 1%. Operating fee income is expected to reach $145 million to $150 million, and noninterest expenses are projected to be between $530 million and $540 million. The company is also focused on its pending merger with HarborOne, expected to close in the fourth quarter of 2025.

Strong Second Quarter Performance

Operating earnings were $81.7 million, an increase of 21% from the first quarter. The net interest margin expanded by 21 basis points to 3.59%, and the operating efficiency ratio improved to 50.8%.

Robust Loan and Deposit Growth

The company reported robust loan growth of 8% annualized and an 8% annualized growth in deposits. Commercial loan pipelines are steady at approximately $500 million.

Record High Assets Under Management

Assets under management in the wealth management business reached a record high of $8.7 billion.

Improved Credit Trends

Nonperforming loans improved for the second consecutive quarter to 30 basis points, with no net charge-offs reported.

Merger and Strategic Initiatives

The pending merger with HarborOne is on track for completion in the fourth quarter, with plans for branch consolidations and integration well underway.

Eastern Bankshares (EBC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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EBC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.41 / -	0.25	―	―	―
Jun 30, 2025	2025 (Q2)	0.38 / 0.41	0.22	86.36% (+0.19)	―	―
Apr 24, 2025	2025 (Q1)	0.33 / 0.34	0.23	47.83% (+0.11)
Jan 23, 2025	2024 (Q4)	0.29 / 0.34	0.1	240.00% (+0.24)
Oct 24, 2024	2024 (Q3)	0.33 / 0.25	0.32	-21.88% (-0.07)
Jul 25, 2024	2024 (Q2)	0.22 / 0.22	0.28	-21.43% (-0.06)
Apr 25, 2024	2024 (Q1)	0.20 / 0.23	0.38	-39.47% (-0.15)
Jan 25, 2024	2023 (Q4)	0.20 / 0.10	0.31	-67.74% (-0.21)
Oct 26, 2023	2023 (Q3)	0.28 / 0.32	0.34	-5.88% (-0.02)
Jul 27, 2023	2023 (Q2)	0.30 / 0.28	0.31	-9.68% (-0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EBC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 30, 2025	$15.27	$15.66	+2.55%
Apr 24, 2025	$15.65	$14.64	-6.45%
Jan 23, 2025	$17.33	$17.57	+1.38%
Oct 24, 2024	$16.36	$15.57	-4.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Eastern Bankshares (EBC) report earnings?

Eastern Bankshares (EBC) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Eastern Bankshares (EBC) earnings time?

Eastern Bankshares (EBC) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EBC EPS forecast?

EBC EPS forecast for the fiscal quarter 2025 (Q3) is 0.41.

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