Eastern Bankshares Q2 FY26 net income rises 5% to $105.21 million; revenue climbs 26.4% to $309.52 million

Reuters2026/08/07 14:58

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Eastern Bankshares posted GAAP net income of $105.21 million for the quarter ended June 30, 2026, up 5%.
GAAP net interest income rose 24.7% to $251.93 million, lifting net interest margin 7 basis points to 3.66%.
GAAP noninterest income climbed 34.4% to $57.59 million, driven by mortgage banking income of $3.34 million from a loss of $95,000.
GAAP noninterest expense increased 22.6% to $167.95 million, led by higher salaries and employee benefits of $97.03 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-054656), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Eastern Bankshares Q2 FY26 net income rises 5% to $105.21 million; revenue climbs 26.4% to $309.52 million

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