Eastern Bankshares (EBC) Tops Q3 EPS by 13c
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Eastern Bankshares, Inc. Reports Third Quarter 2025 Financial Results
October 23, 2025 4:15 PM EDTCompany Announces Authorization of 5% Share Repurchase Program
Received all necessary regulatory approvals to complete merger with HarborOne Bancorp; expected to close November 1, 2025. Net income of $106.1 million, or $0.53 per diluted share, included a GAAP tax benefit related to losses from the investment portfolio repositioning completed in the first quarter; operating net income of $74.1 million, or $0.37 per diluted share. Return on average assets of 1.66%, or 1.16% on an operating basis; return on average tangible common equity of 16.4%, or 11.7% on an operating basis. Period-end loans grew 1.3% linked quarter and 4.1% since year-end, primarily driven by... More