earnings
confidence high
sentiment positive
materiality 0.70
Eastern Bankshares Q1 operating EPS $0.40; dividend up 15% to $0.15; buyback $75.1M
Eastern Bankshares, Inc.
2026-Q1 EPS reported
$0.29
revenue$37,154,000
- Net income $65.3M ($0.29 diluted); operating net income $88.6M ($0.40 diluted) with ROATCE of 12.8%.
- NIM expanded 2 bps to 3.63%; net interest income up $7.2M to $244.7M.
- Wealth AUM record $9.8B; non-performing loans fell to 0.60% of total loans.
- Dividend increased 15% to $0.15/share; repurchased 3.9M shares for $75.1M.
- Loan balances down 0.8% to $23.4B; deposits down 1.4% to $25.1B due to seasonality.