Eastern Bankshares, Inc. filed its Form 10-Q with the Securities and Exchange Commission on November 6, 2026, covering the quarterly period ended September 30, 2026, and reporting third-quarter net income of $111.034 million.

Key Highlights

  • Third-quarter net income: The company reported net income of $111.034 million for the three months ended September 30, 2026, compared with $106.144 million in the same period of 2025.
  • Nine-month net income: Net income for the nine months ended September 30, 2026 was $281.509 million, versus a net loss of $11.289 million for the same period in 2025.
  • Net interest income: Net interest income for the third quarter of 2026 was $257.866 million, up from $200.248 million in the third quarter of 2025.
  • Total deposits: Total deposits stood at $26.016808 billion as of September 30, 2026, compared with $25.470751 billion at December 31, 2025, according to the balance sheet.
  • Shares outstanding: 226,336,697 shares were issued and outstanding as of September 30, 2026, down from 235,646,558 at December 31, 2025.
  • Diluted earnings per share: Diluted earnings per share were $0.51 for the third quarter of 2026 and $1.28 for the nine months ended September 30, 2026.

Eastern Bankshares Reports Third-Quarter 2026 Financial Results

Eastern Bankshares, Inc. (NASDAQ:EBC), a Massachusetts-chartered bank holding company headquartered at 125 High Street, Boston, filed its quarterly report covering the period ended September 30, 2026. According to the filing, total assets were $31.700087 billion at September 30, 2026, compared with $30.586856 billion at December 31, 2025. Total shareholders' equity was reported at $4.199723 billion as of September 30, 2026, down from $4.340553 billion at year-end 2025. The company noted accumulated other comprehensive loss, net of tax, of $369.217 million at the close of the quarter, widening from $227.363 million at December 31, 2025.

The filing disclosed that total interest and dividend income for the three months ended September 30, 2026 was $363.316 million, compared with $283.016 million in the same quarter of 2025. Interest and fees on loans accounted for $318.732 million of that figure in the third quarter of 2026. Total noninterest income for the third quarter of 2026 was $48.696 million, with investment advisory fees contributing $19.394 million and service charges on deposit accounts contributing $10.146 million, according to the income statement. Total noninterest expense for the quarter was $159.686 million, with salaries and employee benefits representing the largest component at $94.835 million.

For the nine-month period, the company disclosed total noninterest income of $149.841 million, a significant swing from a noninterest loss of $152.015 million in the nine months ended September 30, 2025, which the filing indicates was affected by losses on sales of securities available for sale of $269.638 million in the prior-year period. Net loans stood at $23.238014 billion at September 30, 2026. The allowance for loan losses was $327.181 million as of September 30, 2026. As of October 31, 2026, the filing noted 224,555,173 shares of common stock were outstanding.

What Was Disclosed

Eastern Bankshares filed a quarterly report for the period ended September 30, 2026, disclosing third-quarter net income of $111.034 million, total assets of $31.700087 billion, and total deposits of $26.016808 billion, along with detailed balance sheet and income statement figures for the company's banking operations.