Eastern Bankshares (EBC) Expected to Post Quarterly Earnings on Thursday

Eastern Bankshares (NASDAQ:EBC) is projected to release its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Eastern Bankshares to post earnings of $0.46 per share and revenue of $308.1990 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:00 AM ET.

Eastern Bankshares (NASDAQ:EBC) last announced its earnings results on Thursday, April 23rd. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.04). The firm had revenue of $295.90 million during the quarter, compared to analyst estimates of $308.68 million. Eastern Bankshares had a return on equity of 8.42% and a net margin of 26.28%. On average, analysts expect Eastern Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eastern Bankshares Stock Up 1.1%

Shares of NASDAQ:EBC opened at $22.68 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $5.24 billion, a PE ratio of 12.74 and a beta of 0.67. Eastern Bankshares has a 52 week low of $14.88 and a 52 week high of $22.89. The firm has a 50 day simple moving average of $20.72 and a 200 day simple moving average of $20.25.

Eastern Bankshares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 5th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, June 5th. This is a positive change from Eastern Bankshares’s previous quarterly dividend of $0.13. Eastern Bankshares’s dividend payout ratio is presently 33.71%.

Analyst Ratings Changes

Several brokerages have recently commented on EBC. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of Eastern Bankshares in a research report on Monday, June 8th. Piper Sandler upped their price target on Eastern Bankshares from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Weiss Ratings raised Eastern Bankshares from a “hold (c)” rating to a “buy (b)” rating in a research note on Tuesday, May 12th. Barclays decreased their price objective on Eastern Bankshares from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Monday, April 27th. Finally, DA Davidson began coverage on Eastern Bankshares in a research note on Friday, May 15th. They set a “buy” rating and a $24.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.08.

Insider Buying and Selling at Eastern Bankshares

In other news, Director Luis Borgen sold 1,710 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $22.71, for a total value of $38,834.10. Following the transaction, the director directly owned 20,475 shares of the company’s stock, valued at approximately $464,987.25. This represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Eastern Bankshares

Several large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in Eastern Bankshares in the fourth quarter worth approximately $61,000. State of Wyoming acquired a new stake in shares of Eastern Bankshares in the fourth quarter worth $76,000. Advisory Services Network LLC acquired a new stake in shares of Eastern Bankshares in the third quarter worth $94,000. Quantbot Technologies LP bought a new stake in shares of Eastern Bankshares during the 2nd quarter worth $102,000. Finally, Strs Ohio bought a new stake in shares of Eastern Bankshares during the 1st quarter worth $130,000. Institutional investors own 71.68% of the company’s stock.

Eastern Bankshares Company Profile

Eastern Bankshares, Inc is the bank holding company for Eastern Bank, one of the oldest and largest mutual banks in the United States. Founded in 1818 as Salem Savings Bank and later rebranded as Eastern Bank in 1989, the company preserved its mutual ownership structure for more than two centuries. In March 2020, it completed an initial public offering and began trading on the Nasdaq under the ticker EBC, while continuing to emphasize its community-focused heritage.

Through its primary subsidiary, Eastern Bank, the company delivers a broad range of commercial and consumer banking products.