---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002375"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T15:22:15.366491+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.76
calibrated_materiality_score: 0.76
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares Q4 net income $60.8M ($0.30/diluted); announces $1.2B portfolio repositioning

## Summary
- Net income $60.8M vs. prior-quarter loss of $6.2M; operating EPS $0.34, up from $0.25.
- Net interest margin expanded 8 bps to 3.05%; net interest income $179.2M, up 5%.
- $1.2B investment portfolio repositioning in Q1 2025 expected to add ~$0.13 to 2025 operating EPS; after-tax loss ~$200M.
- Dividend $0.12/share declared; 908,425 shares repurchased in Q4 at avg $17.41.
- Net charge-offs 0.71% of avg loans, primarily from Cambridge PCD loans; NPLs 0.76% of total loans.

## SEC filing metadata
- accession: 0001628280-25-002375
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.76
- calibrated_materiality_score: 0.76
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828025002375/0001628280-25-002375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828025002375/ebc-20250123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002375
- JSON: https://secwatch.observer/filing/0001628280-25-002375.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002375.txt

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