Eastern Bankshares Q2 net income $105.2M, EPS $0.48; approves 5% share repurchase

Eastern Bankshares, Inc.

Net income $105.2M ($0.48 diluted EPS); operating net income $106.5M ($0.49 diluted EPS).
Net interest margin (FTE) expanded 3 bps to 3.66%; loans up 1.4% QoQ, deposits up 3.2%.
Non-performing loans fell to 0.47% of total loans from 0.60% in prior quarter.
Board authorized new repurchase of up to 11.35M shares (5% of outstanding) through Dec 31, 2027.
Quarterly dividend of $0.15/share declared, payable Sept 22, 2026 to holders of record Sept 8, 2026.

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