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

Eastern Bankshares (NASDAQ:EBC) is expected to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect Eastern Bankshares to announce earnings of $0.4913 per share and revenue of $310.60 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 23, 2026 at 9:00 AM ET.

Eastern Bankshares (NASDAQ:EBC) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. Eastern Bankshares had a net margin of 25.12% and a return on equity of 8.71%. The business had revenue of $316.01 million during the quarter, compared to analyst estimates of $308.20 million. On average, analysts expect Eastern Bankshares to post $1.87 EPS for the current fiscal year and $2.13 EPS for the next fiscal year.

Eastern Bankshares Stock Down 1.4%

EBC stock opened at $21.01 on Tuesday. The firm has a market cap of $4.80 billion, a PE ratio of 11.94 and a beta of 0.70. Eastern Bankshares has a 1 year low of $16.61 and a 1 year high of $23.77. The company has a fifty day simple moving average of $21.86 and a 200 day simple moving average of $21.35. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09.

Eastern Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.9%. Eastern Bankshares’s dividend payout ratio is currently 34.09%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EBC shares. Weiss Ratings restated a “buy (b)” rating on shares of Eastern Bankshares in a report on Friday, August 7th. Keefe, Bruyette & Woods upped their target price on Eastern Bankshares from $23.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Seaport Research Partners reiterated a “buy” rating and set a $27.00 price target on shares of Eastern Bankshares in a report on Monday, July 27th. DA Davidson lifted their price target on shares of Eastern Bankshares from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Finally, Wall Street Zen upgraded shares of Eastern Bankshares from a “sell” rating to a “hold” rating in a research note on Sunday, August 23rd. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Eastern Bankshares presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.86.

Insider Buying and Selling

In other news, insider Donald Westermann sold 23,005 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $21.43, for a total value of $492,997.15. Following the completion of the sale, the insider directly owned 22,565 shares of the company’s stock, valued at approximately $483,567.95. This represents a 50.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph F. Casey sold 1,778 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $22.69, for a total transaction of $40,342.82. Following the transaction, the director directly owned 60,301 shares in the company, valued at $1,368,229.69. This trade represents a 2.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 65,190 shares of company stock worth $1,452,900 in the last ninety days. Insiders own 1.26% of the company’s stock.

About Eastern Bankshares

Eastern Bankshares, Inc (NASDAQ:EBC) is the holding company for Eastern Bank, a full-service commercial bank headquartered in Boston, Massachusetts. Founded in 1818, Eastern Bank is one of the oldest and largest mutual banks in the United States to have converted to public ownership.

Eastern Bank provides a range of personal and business banking products, including checking and savings accounts, residential and commercial real estate loans, consumer lending, commercial loans, cash-management services and online banking.