For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Interest and fees on loans | 301,752,000 | 274,090,000* | 244,191,000 | - |
| Taxable interest and dividends on securities | 33,203,000 | 31,264,000* | 33,336,000 | - |
| Non-taxable interest and dividends on securities | 3,581,000 | 1,476,000* | 2,194,000 | - |
| Interest on federal funds sold and other short-term investments | 1,010,000 | 5,683,000* | 3,295,000 | - |
| Total interest and dividend income | 339,546,000 | 312,513,000* | 283,016,000 | - |
| Interest on deposits | 90,435,000 | 85,309,000* | 82,365,000 | - |
| Interest on borrowings | 4,455,000 | 2,036,000* | 403,000 | - |
| Total interest expense | 94,890,000 | 87,345,000* | 82,768,000 | - |
| Net interest income | 244,656,000 | 225,168,000* | 200,248,000 | 202,030,000 |
| Provision for allowance for loan losses | 5,756,000 | 4,150,000* | 7,100,000 | 7,600,000 |
| Income from investments held in rabbi trusts | - | -4,386,000* | 3,839,000 | 5,727,000 |
| Net interest income after provision for allowance for loan losses | 238,900,000 | 221,018,000* | 193,148,000 | 194,430,000 |
| Investment advisory fees | 18,314,000 | 17,668,500* | 17,553,000 | 17,282,000 |
| Service charges on deposit accounts | 9,927,000 | 9,844,000* | 8,550,000 | 8,244,000 |
| Card income | 5,797,000 | 5,649,500* | 4,177,000 | 4,230,000 |
| Interest rate swap income | 983,000 | 960,500* | 885,000 | 978,000 |
| Losses from investments for employee retirement benefits | -1,860,000 | - | - | - |
| Mortgage banking income (loss) | 2,865,000 | 2,892,000* | 87,000 | -97,000 |
| Losses on sales of securities available for sale, net | 0 | -269,638,000* | 0 | 0 |
| Miscellaneous income and fees | 9,035,000 | 7,279,000* | 4,637,000 | 5,869,000 |
| Other non-operating gain | -1,504,000 | -2,360,000* | 1,524,000 | 618,000 |
| Total noninterest income (loss) | 43,557,000 | -232,090,500* | 41,252,000 | 42,851,000 |
| Salaries and employee benefits | 102,151,000 | 89,044,000* | 83,968,000 | 80,696,000 |
| Occupancy and equipment | 14,111,000 | 11,114,500* | 11,729,000 | 11,230,000 |
| Technology and data processing | 23,843,000 | 21,358,000* | 19,779,000 | 18,395,000 |
| Professional services | 3,414,000 | 5,527,000* | 3,039,000 | 3,037,000 |
| Marketing expenses | 2,696,000 | 1,979,000* | 2,666,000 | 2,432,000 |
| Fdic insurance | 3,368,000 | 3,708,500* | 3,509,000 | 3,780,000 |
| Amortization of intangible assets | 11,644,000 | 10,756,500* | 7,808,000 | 7,807,000 |
| Other operating expenses | 6,636,000 | 6,907,500* | 4,717,000 | 7,002,000 |
| Non-operating expenses | 30,767,000 | 30,457,000* | 3,218,000 | 2,582,000 |
| Total noninterest expense | 198,630,000 | 180,852,000* | 140,433,000 | 136,961,000 |
| Income (gain) before income tax expense | 83,827,000 | -191,924,500* | 93,967,000 | 100,320,000 |
| Income tax expense | - | - | - | 100,000 |
| Income tax expense | 18,565,000 | 29,422,000* | -12,177,000 | 87,000 |
| Net income (loss) from continuing operations | - | -221,346,500* | - | - |
| Income from discontinued operations, net of taxes | - | 0* | - | - |
| Net income (gain) | 65,262,000 | -221,346,500 | 106,144,000 | 100,233,000 |
| Basic EPS | 0.29 | -1.043 | 0.53 | 0.5 |
| Diluted EPS | 0.29 | -1.032 | 0.53 | 0.5 |
| Basic Average Shares | 222,142,991 | 212,266,786 | 198,726,113 | 198,531,054 |
| Diluted Average Shares | 223,384,587 | 214,535,899 | 199,478,940 | 198,992,111 |
Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. (EBC)