Eastern Bankshares Inc reports results for the quarter ended June 30 - Earnings Summary

Eastern Bankshares

23/07/2026 22:43

Eastern Bankshares Inc EBC.OQ reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 41 cents.  The mean expectation of eight analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 45 cents to 48 cents per share.
Revenue rose 24.7% to $251.90 million from a year ago; analysts expected $308.20 million. 
Eastern Bankshares Inc's reported EPS for the quarter was 48 cents​.
The company reported quarterly net income of $105.2 million.
Eastern Bankshares Inc shares had risen by 1.5% this quarter and gained 22.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.8% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for Eastern Bankshares Inc is $24.00, about 5.9% above its last closing price of $22.58
This summary was machine generated from LSEG data July 23 at 09:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.46
0.49
Beat
Mar. 31 2026 
0.45
0.40
Missed
Dec. 31 2025 
0.41
0.44
Beat
Sep. 30 2025 
0.40
0.37
Missed