The earnings call showcased strong financial performance, with significant growth in operating earnings, net interest margin, and assets under management. Positive credit trends and robust loan and deposit growth also contributed to the overall positive outlook. However, challenges such as decreased deposit growth expectations, competitive deposit markets, and increased noninterest expenses were noted. Despite these concerns, the positive aspects significantly outweighed the lowlights.

Company Guidance -

Q3 2025

During the second quarter of 2025, Eastern Bankshares, Inc. reported strong financial performance, with operating earnings reaching $81.7 million, marking a 21% increase 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%, reflecting effective expense management and higher revenues. Total assets grew by 2% to $25.5 billion, and tangible book value per share increased by 4% to $12.53. The company saw robust loan growth of 8% annualized, with a steady commercial loan pipeline around $500 million. Deposits also grew at an annualized rate of 8%, while deposit costs remained stable. The wealth management business reported record-high assets under management of $8.7 billion. Credit trends showed positive momentum, as nonperforming loans improved to 30 basis points, and there were no net charge-offs. For the full year 2025, Eastern Bankshares expects loan growth of 3% to 5%, deposit growth of 0% to 1%, and net interest income between $810 million and $820 million, with a full-year operating tax rate revised down to 21% to 22%.

Strong Operating Earnings Growth

Operating earnings were $81.7 million, representing an increase of 21% from the first quarter.

Net Interest Margin Expansion

Net interest margin expanded by 21 basis points to 3.59%.

Improved Profitability Metrics

Operating return on average assets increased by 21 basis points to 1.3%, and operating return on average tangible equity rose from 11.7% to 13.6%.

Record Assets Under Management

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

Positive Credit Trends

Nonperforming loans improved for the second consecutive quarter to 30 basis points, and there were no net charge-offs.

Robust Loan and Deposit Growth

Loans grew 8% annualized, and deposits grew 8% annualized with stable deposit costs.

Updated Positive Full-Year Outlook

Increased loan growth outlook to 3%-5% and improved expectations for operating fee income and noninterest expenses.

Successful Management of Credit Risk

Criticized and classified loans improved significantly, with no multifamily nonperforming loans and no charge-offs in that portfolio.

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

Daily Earnings Calendar >

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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