Eastern Bankshares

Q2 FY2026 EarningsQ2 FY2026 results beat consensus across all major metrics: GAAP revenue reached $309.5M vs. $308.2M expected, and diluted GAAP EPS of $0.48 exceeded the mean estimate of $0.46. Operating performance was particularly strong, with operating net income rising 20% QoQ to $106.5M. Net Interest Margin (NIM) expanded 3 bps to 3.66%, perfectly in-line with the consensus. Management also authorized a new 5% share repurchase program, signaling confidence in long-term value despite a competitive deposit environment.