---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-066914"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2026-10-22T20:40:07+00:00"
generated_at: "2026-10-22T20:41:08.151185+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares Q3 net income $111.0M, EPS $0.51; NPLs fall 22.5% to 0.36% of loans

## Summary
- Net income and operating net income both $111.0M, or $0.51 diluted, up 6.3% from $0.48 in Q2; ROA 1.41%, ROTCE 15.7%, operating efficiency ratio 47.5%.
- Net interest income $257.9M (+2.3% QoQ); NIM-FTE fell 4bp to 3.62% as deposit costs rose 8bp to 2.09%, offsetting earning-asset yields of 5.07%.
- Noninterest income fell $9.2M to $48.7M on $6.3M lower retirement-benefit investment income and $3.1M less misc income after Q2 loan-sale gains.
- NPLs fell $24.6M to $84.8M (0.36% of loans), third straight decline since the HarborOne merger; net charge-offs 0.09% vs 0.17%.
- Loans +1.1% to $23,974M; deposits $26,017M; repurchased 2.6M shares at $22.11 avg ($56.7M); $0.15 dividend payable Dec 21, record Dec 7.

## SEC filing metadata
- accession: 0001628280-26-066914
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2026-10-22T20:40:07+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828026066914/0001628280-26-066914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828026066914/ebc-20261022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-066914
- JSON: https://secwatch.observer/filing/0001628280-26-066914.json
- Plain text: https://secwatch.observer/filing/0001628280-26-066914.txt

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