Eastern Bankshares, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026, with the U.S. Securities and Exchange Commission on August 7, 2026, reporting financial results for the three and six months ended June 30, 2026.

Key Highlights

  • Second-quarter net income: $105,213 thousand for the three months ended June 30, 2026, compared to $100,233 thousand for the same period in 2025.
  • Six-month net loss reversal: Net income of $170,475 thousand for the six months ended June 30, 2026, versus a net loss of $117,433 thousand for the six months ended June 30, 2025.
  • Net interest income: $251,932 thousand for Q2 2026, up from $202,030 thousand in Q2 2025; $496,588 thousand for the first half of 2026, up from $390,929 thousand in the first half of 2025.
  • Total assets: $31,141,955 thousand as of June 30, 2026, compared to $30,586,856 thousand at December 31, 2025.
  • Total deposits: $25,919,312 thousand at June 30, 2026, up from $25,470,751 thousand at December 31, 2025.
  • Shares outstanding: 228,858,364 shares issued and outstanding as of June 30, 2026, down from 235,646,558 at December 31, 2025; 228,511,552 shares outstanding as of July 31, 2026.
  • Diluted earnings (loss) per share: $0.48 for Q2 2026, compared to $0.50 for Q2 2025; $0.77 for the six months ended June 30, 2026, compared to $(0.59) for the same period in 2025.

Eastern Bankshares Financial Position and Income Results for June 30, 2026

According to the filing, Eastern Bankshares, Inc. (Nasdaq Global Select Market: EBC) reported net interest income of $251,932 thousand for the three months ended June 30, 2026, an increase from $202,030 thousand in the prior-year period. Total interest and dividend income for Q2 2026 was $349,909 thousand, driven primarily by $308,481 thousand in interest and fees on loans. Total interest expense for the quarter was $97,977 thousand, with $93,039 thousand attributable to interest on deposits.

The filing reported total noninterest income of $57,588 thousand for Q2 2026, compared to $42,851 thousand for Q2 2025. For the six months ended June 30, 2025, total noninterest income reflected a loss of $193,267 thousand, which the filing attributes in part to losses on sales of securities available for sale, net, of $269,638 thousand recorded in that prior period. No comparable securities losses were recorded in the six months ended June 30, 2026, according to the filing. Total noninterest expense for Q2 2026 was $167,948 thousand, with salaries and employee benefits representing the largest component at $97,030 thousand.

On the balance sheet, the filing disclosed total loans of $23,713,099 thousand and an allowance for loan losses of $325,354 thousand as of June 30, 2026, compared to $23,574,496 thousand and $331,841 thousand, respectively, at December 31, 2025. Total shareholders' equity was $4,283,214 thousand at June 30, 2026, compared to $4,340,553 thousand at December 31, 2025, with accumulated other comprehensive loss, net of tax, widening to $257,797 thousand from $227,363 thousand over the same period. Goodwill and other intangibles, net, stood at $1,277,643 thousand as of June 30, 2026.

What Was Disclosed

Eastern Bankshares filed its quarterly report disclosing unaudited consolidated financial statements for the three and six months ended June 30, 2026, including balance sheet data, income results, and per-share figures, alongside management discussion and market risk disclosures.