---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-027221"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:09:48.721959+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares Q3 net income $54.8M ($0.33 EPS); loan growth 16% annualized

## Summary
- Net income $54.8M, diluted EPS $0.33; operating net income $55.7M ($0.34) – up 49% YoY.
- Net interest margin (FTE) 2.87%, up 24 bps QoQ; net interest income $152.2M (+10% QoQ).
- Total loans $12.9B (+$505M QoQ), annualized growth 16%; deposits $18.7B (-$430M).
- Quarterly dividend $0.10/share declared, payable Dec 15, 2022 to holders of record Dec 2.
- Repurchased 1.48M shares at avg $19.52 for $28.9M in Q3; $192.6M remaining under new $200M program.

## SEC filing metadata
- accession: 0001628280-22-027221
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828022027221/0001628280-22-027221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828022027221/ebc-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-027221
- JSON: https://secwatch.observer/filing/0001628280-22-027221.json
- Plain text: https://secwatch.observer/filing/0001628280-22-027221.txt

## Key facts
- Earnings Releases
  Eastern Bankshares, Inc. reported the quarter ended September 30, 2022 results: net income $54.8 million, EPS $0.33 per diluted share.
  - Period: the quarter ended September 30, 2022
  - Net income: $54.8 million
  - EPS: $0.33 per diluted share
  - Result: reported results
  source text: Net income for the third quarter of 2022 was $54.8 million, or $0.33 per diluted share, compared to net income of $51.2 million, or $0.31 per diluted share, reported for the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810546/000162828022027221/0001628280-22-027221-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.