Eastern Bankshares, Inc. (EBC) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for Eastern Bankshares (EBC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.34 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 418 | $7,055.9 | $9,508.37 | $2,452.47 | 34.76% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 400 | $7,372 | $9,098.92 | $1,726.92 | 23.43% |
| MG Michelle Graham NORTHSTAR ASSET MANAGEMENT Inc. | 259,655 | $3.47M | $5.91M | $2.44M | 70.38% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 478 | $8,593.1 | $10,871.92 | $2,278.82 | 26.52% |
| BG Bart Gancher Intech Investment Management LLC | 48,623 | $826,076.37 | $1.11M | $279,532.85 | 33.84% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MB Matt Breese Stephens & Co. | 661.79 | $13,512.14 | $15,212.28 | $1,700.14 | 12.58% |
| JL Janet Lee TD Cowen | 753.74 | $15,415.26 | $17,418.9 | $2,003.64 | 13% |
| Banks Industry | Financials Sector | Denis K. Sheahan CEO | NASDAQ (NGS) Exchange | 27627N105 CUSIP |
| US Country | 2,450 Employees | 5 Jun 2026 Last Dividend | - Last Split | 15 Oct 2020 IPO Date |
Eastern Bankshares, Inc. serves as the holding company for Eastern Bank, a financial institution dedicated to offering a wide range of banking products and services catered towards retail, commercial, and small business clients. With a rich history dating back to 1818, Eastern Bankshares, Inc. has established its foothold in the banking sector, providing a trusted source for financial solutions. The company is headquartered in Boston, Massachusetts, positioning itself as a key player in the financial landscape of the region.
Eastern Bankshares offers a variety of deposit accounts, including interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. These options provide customers with flexibility and security for their savings and operational funds.
The company provides a wide array of loan products and lines of credit, including commercial and industrial loans, commercial real estate and construction loans, small business loans, residential real estate loans, and home equity loans. Furthermore, it offers consumer loans such as unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans, catering to diverse financial needs.
Eastern Bankshares delivers trust services, financial planning, and portfolio management services tailored to assist customers in managing their assets, investments, and future financial plans effectively.
The institution offers comprehensive cash management services, including automated lock box collection and account reconciliation services. These services are designed to streamline financial transactions and optimize cash flow for businesses.
Eastern Bankshares provides an extensive range of insurance products covering personal, business, and employee benefits. This array of insurance solutions ensures that customers can secure comprehensive protection for various aspects of their lives and operations.