earnings
confidence high
sentiment positive
materiality 0.75
Eastern Bankshares Q2 GAAP EPS $0.50, operating EPS $0.41; NIM expands 21bp to 3.59%
Eastern Bankshares, Inc.
2025-Q2 EPS reported
-$0.59
revenue$63,656,000
- GAAP net income $100.2M ($0.50 diluted EPS); operating net income $81.7M ($0.41 diluted EPS).
- Net interest margin (FTE) expanded 21bp to 3.59% on higher asset yields; deposit costs stable at 2.04%.
- Period-end loans grew 8% annualized linked-quarter to $18.6B; deposits rose 2% to $21.2B.
- Non-performing loans fell to $54.7M (0.30% of loans) from $91.6M (0.51%) linked quarter; no net charge-offs.
- Board declared $0.13/share quarterly dividend payable Sept 15, 2025; repurchased 183K shares at $16.36 avg.
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