| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans | 244,191,000 | - | ||
| Taxable interest and dividends on securities | 33,336,000 | - | ||
| Non-taxable interest and dividends on securities | 2,194,000 | - | ||
| Interest on federal funds sold and other short-term investments | 3,295,000 | - | ||
| Total interest and dividend income | 283,016,000 | - | ||
| Interest on deposits | 82,365,000 | - | ||
| Interest on borrowings | 403,000 | - | ||
| Total interest expense | 82,768,000 | - | ||
| Net interest income | 200,248,000 | 202,030,000 | ||
| Provision for allowance for loan losses | 7,100,000 | 7,600,000 | ||
| Net interest income after provision for allowance for loan losses | 193,148,000 | 194,430,000 | ||
| Investment advisory fees | 17,553,000 | 17,282,000 | ||
| Service charges on deposit accounts | 8,550,000 | 8,244,000 | ||
| Card income | 4,177,000 | 4,230,000 | ||
| Interest rate swap income | 885,000 | 978,000 | ||
| Income from investments held in rabbi trusts | 3,839,000 | 5,727,000 | ||
| Gains (losses) on sales of mortgage loans held for sale, net | 87,000 | -97,000 | ||
| Losses on sales of securities available for sale, net | 0 | 0 | ||
| Miscellaneous income and fees | 4,637,000 | 5,869,000 | ||
| Other non-operating income (loss) | 1,524,000 | 618,000 | ||
| Total noninterest income (loss) | 41,252,000 | 42,851,000 | ||
| Salaries and employee benefits | 83,968,000 | 80,696,000 | ||
| Occupancy and equipment | 11,729,000 | 11,230,000 | ||
| Technology and data processing | 19,779,000 | 18,395,000 | ||
| Professional services | 3,039,000 | 3,037,000 | ||
| Marketing expenses | 2,666,000 | 2,432,000 | ||
| Fdic insurance | 3,509,000 | 3,780,000 | ||
| Amortization of intangible assets | 7,808,000 | 7,807,000 | ||
| Other operating expenses | 4,717,000 | 7,002,000 | ||
| Non-operating expenses | 3,218,000 | 2,582,000 | ||
| Total noninterest expense | 140,433,000 | 136,961,000 | ||
| Income (loss) before income tax (benefit) expense | 93,967,000 | 100,320,000 | ||
| Income tax expense | - | 100,000 | ||
| Income tax (benefit) expense | -12,177,000 | 87,000 | ||
| Net income (loss) | 106,144,000 | 100,233,000 | ||
| Average number of common shares outstanding used to calculate basic earnings (loss) per common share (in shares) | 198,726,113 | 198,531,054 | ||
| Average number of common shares outstanding used to calculate diluted earnings per common share (in shares) | 199,478,940 | 198,992,111 | ||
| Basic earnings (loss) per share (in dollars per share) | 0.53 | 0.5 | ||
| Diluted earnings (loss) per share (in dollars per share) | 0.53 | 0.5 | ||
Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. (EBC)