Eastern Bankshares, Inc. (EBC) Q3 FY2026 earnings

Reported results

• Net income (GAAP) of $111.0 million, or $0.51 per diluted share; Operating net income (non-GAAP) of $111.0 million, or $0.51 per diluted share
• Return on average assets (GAAP) of 1.41%; Return on average tangible common equity (non-GAAP) of 15.7%
• Net interest income of $257.9 million, an increase of $5.9 million linked quarter; Net interest margin (FTE) of 3.62%, down 4 basis points
• Period-end loans grew 1.1% linked quarter to $23,974 million; Non-performing loans declined $24.6 million linked quarter to $84.8 million, or 0.36% of total loans
• Wealth assets under administration of $11.6 billion, including $10.8 billion of assets under management
• Returned $89.1 million in capital to shareholders, including $56.7 million in share repurchases and $32.4 million in cash dividends

Notes

CET1 capital ratio of 13.02% as of September 30, 2026 is a preliminary estimate. Non-GAAP measures exclude selected items including gains/losses on securities sales, merger and acquisition expenses, and staffing reorganization expenses.

Price and volatility reaction

The stock moved +1.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -6.7 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.