---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-047162"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:07:36.341052+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares reports Q3 net loss $6.2M, operating net income $49.7M, dividend raised 9%

## Summary
- Net loss of $6.2M ($0.03 diluted EPS); operating net income $49.7M ($0.25 op EPS).
- Net interest margin (FTE) expanded 33bps to 2.97%; NII up $41.2M QoQ to $169.9M.
- Provision for loan losses $47M including $40.9M initial provision on non-PCD Cambridge loans.
- Dividend raised 9% to $0.12/shr; repurchased 836k shares at $15.08 for $12.6M.
- Cambridge merger: annual cost saves ~$40M; TBVPS $12.17; CET1 ratio 15.5%.

## SEC filing metadata
- accession: 0001628280-24-047162
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828024047162/0001628280-24-047162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828024047162/ebc-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-047162
- JSON: https://secwatch.observer/filing/0001628280-24-047162.json
- Plain text: https://secwatch.observer/filing/0001628280-24-047162.txt

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