Eastern Bankshares

Q3 FY2026 EarningsQ3 FY26 delivered a GAAP EPS beat of $0.51 vs. $0.49 expected, despite a slight revenue miss of $306.6M against the $310.6M consensus. Bottom-line strength was primarily driven by a lower effective tax rate of 20.8% compared to the 23.0% anticipated by analysts. Net interest margin (NIM) expanded to 3.62% as loan yields improved following the HarborOne integration, although EBIT missed expectations by 6.30% due to elevated salary and technology expenses associated with the merger.