---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-001607"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:26:12.389305+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares Q4 net income $42.3M ($0.26 diluted EPS); annual record $199.8M (29% YoY increase)

## Summary
- Net income $42.3M ($0.26 diluted) vs $54.8M ($0.33) prior quarter; operating net income $49.9M ($0.31).
- Full-year 2022 net income record $199.8M, up 29% from 2021.
- Declares quarterly dividend $0.10/share, payable March 15, 2023 to holders of record March 3.
- Repurchased 1.55M shares at $19.91 avg for $30.8M; $161.8M remaining under $200M authorization.
- Noninterest expense includes $12.0M pension settlement charge; net interest margin 2.81% down 6 bps.

## SEC filing metadata
- accession: 0001628280-23-001607
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828023001607/0001628280-23-001607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828023001607/ebc-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-001607
- JSON: https://secwatch.observer/filing/0001628280-23-001607.json
- Plain text: https://secwatch.observer/filing/0001628280-23-001607.txt

## Key facts
- Earnings Releases
  Eastern Bankshares, Inc. reported the quarter ended December 31, 2022 results: net income $42.3 million, EPS $0.26 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Net income: $42.3 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: Net income for the fourth quarter of 2022 was $42.3 million, or $0.26 per diluted share, compared to net income of $54.8 million, or $0.33 per diluted share, reported for the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810546/000162828023001607/0001628280-23-001607-index.htm

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