secwatch.observer — SEC 8-K summary
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Issuer:     Eastern Bankshares, Inc. (EBC)
CIK:        0001810546
Form:       8-K
Filed at:   2026-10-22T20:40:07+00:00
Accession:  0001628280-26-066914
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810546/000162828026066914/0001628280-26-066914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810546/000162828026066914/ebc-20261022.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-066914

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