earnings
confidence high
sentiment positive
materiality 0.70
Eastern Bankshares Q3 net income $106.1M ($0.53 EPS); HarborOne merger to close Nov 1; approves 11.9M share buyback
Eastern Bankshares, Inc.
2025-Q3 EPS reported
-$0.06
revenue$96,629,000
- Net income of $106.1M ($0.53 diluted EPS) vs Q2 $100.2M; operating net income $74.1M ($0.37).
- Period-end loans $18.83B, up 1.3% linked quarter; Wealth Mgmt AUM record $9.2B.
- All regulatory approvals received for merger with HarborOne; expected close Nov 1, 2025.
- Board approved share repurchase program of up to 11.9M shares (5% outstanding) through Oct 2026.
- Dividend of $0.13/share declared, payable Dec 15 to record Dec 3.