Q2 FY2026 EarningsFY26 Q2 beat consensus across most key metrics: revenue of $309.5M exceeded the $308.2M expected, and GAAP EPS of $0.48 outperformed the $0.46 consensus. Net interest margin improved to 3.66% from 3.59% YoY, reflecting strong loan growth and higher security yields. Despite a miss on the effective tax rate (22.0% vs. 23.0% expected), operating net income surged 30.4% YoY to $106.5M, driven by the successful integration of the HarborOne merger.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Eastern Bankshares(EBC) the Revenue is 316 M (+26.86%), Beat estimate;the EBIT is 141.6 M (+31.23%), Miss estimate;the EPS is 0.48 (-4%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.32B26.86%
0.31B23.73%
+0.01B3.13%
EBITMiss expectations
0.14B31.23%
0.15B34.75%
-0.00B3.52%
EPSExceed expectations
0.484.00%
0.468.00%
+0.02004.00%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf