Eastern Bankshares (EBC) Expected to Post Earnings on Thursday

Eastern Bankshares (NASDAQ:EBC) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $308.1990 million for the quarter. Individuals are encouraged to explore 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 released its quarterly earnings results on Thursday, April 23rd. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.04). Eastern Bankshares had a net margin of 26.28% and a return on equity of 8.42%. The firm had revenue of $295.90 million for the quarter, compared to analysts’ expectations of $308.68 million. 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 Performance

NASDAQ:EBC opened at $22.94 on Wednesday. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 12.89 and a beta of 0.67. Eastern Bankshares has a 1 year low of $14.88 and a 1 year high of $23.53. The stock’s 50 day simple moving average is $20.98 and its two-hundred day simple moving average is $20.37. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.91 and a quick ratio of 0.91.

Eastern Bankshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Eastern Bankshares’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, June 5th. Eastern Bankshares’s payout ratio is 33.71%.

Insider Buying and Selling at Eastern Bankshares

In other news, Director Luis Borgen sold 1,710 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $22.71, for a total transaction of $38,834.10. Following the transaction, the director owned 20,475 shares of the company’s stock, valued at approximately $464,987.25. The trade was a 7.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EBC. Kestra Advisory Services LLC bought a new position in Eastern Bankshares during the fourth quarter valued at $61,000. State of Wyoming bought a new stake in shares of Eastern Bankshares in the 4th quarter worth about $76,000. Advisory Services Network LLC purchased a new position in shares of Eastern Bankshares during the 3rd quarter worth about $94,000. Quantbot Technologies LP purchased a new position in shares of Eastern Bankshares during the 2nd quarter worth about $102,000. Finally, Strs Ohio purchased a new position in shares of Eastern Bankshares during the 1st quarter worth about $130,000. 71.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EBC has been the topic of several research reports. DA Davidson assumed coverage on shares of Eastern Bankshares in a research report on Friday, May 15th. They issued a “buy” rating and a $24.00 price target on the stock. Barclays lowered their price objective on shares of 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. Piper Sandler boosted their target price on shares of Eastern Bankshares from $23.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Eastern Bankshares in a report on Monday, June 8th. Finally, Weiss Ratings upgraded shares of Eastern Bankshares from a “hold (c)” rating to a “buy (b)” rating in a research report on Tuesday, May 12th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.08.

About Eastern Bankshares

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.