---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-019715"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:14:12.734200+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares Q1 net loss $217.7M on portfolio repositioning; operating EPS $0.34, dividend raised 8%

## Summary
- Net loss of $217.7M ($1.08 per diluted share) includes $269.6M pre-tax loss from $1.3B securities repositioning.
- Operating net income of $67.5M ($0.34 per diluted share); NIM expanded 33 bps to 3.38%.
- Non-performing loans fell to $91.6M (0.51% of loans) from $135.8M at year-end 2024; CET1 ratio 14.15%.
- Board declared quarterly dividend of $0.13 per share, an 8% increase from prior $0.12; payable June 16 to holders of record June 3.
- Repurchased 2.9M shares for $48.7M during Q1 at average price $16.62.

## SEC filing metadata
- accession: 0001628280-25-019715
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828025019715/0001628280-25-019715-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828025019715/ebc-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019715
- JSON: https://secwatch.observer/filing/0001628280-25-019715.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019715.txt

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