Eastern Bankshares beats Q4 profit estimates

Reuters

Jan 23

Eastern Bankshares beats Q4 profit estimates

Overview

Bank's Q4 revenue beat analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company repurchased 3.1 mln shares for $55.4 mln

Outlook

Eastern Bank is focused on merger integration and achieving cost savings

Result Drivers

MERGER IMPACT - The merger with HarborOne added $4.5 bln in loans and $4.3 bln in deposits, significantly boosting overall loan and deposit figures
ORGANIC LOAN GROWTH - Excluding the merger, legacy Eastern loans grew $255 mln, driven by strong commercial lending
NONINTEREST INCOME - Increase driven by higher mortgage banking, card income, and investment advisory fees

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Beat	$283.50 mln	$249.39 mln (5 Analysts)
Q4 Adjusted EPS	Beat	$0.44	$0.41 (6 Analysts)
Q4 Net Income		$99.50 mln
Q4 Net Interest Income		$237.40 mln

Press Release: ID:nBw2Xcgxsa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2605417255"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2605417255\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2605417255?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-23 05:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605417255","market":"us","top_or_hot":-1,"title":"Eastern Bankshares beats Q4 profit estimates","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Eastern Bankshares beats Q4 profit estimates</title></head><body><p><span>Overview</span></p><ul><li><p>Bank's Q4 revenue beat analyst expectations</p></li><li><p>Adjusted EPS for Q4 beat analyst expectations</p></li><li><p>Company repurchased 3.1 mln shares for $55.4 mln</p></li></ul><p><span>Outlook</span></p><ul><li><p>Eastern Bank is focused on merger integration and achieving cost savings</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>MERGER IMPACT - The merger with HarborOne added $4.5 bln in loans and $4.3 bln in deposits, significantly boosting overall loan and deposit figures</p></li><li><p>ORGANIC LOAN GROWTH - Excluding the merger, legacy Eastern loans grew $255 mln, driven by strong commercial lending</p></li><li><p>NONINTEREST INCOME - Increase driven by higher mortgage banking, card income, and investment advisory fees</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Revenue</p></td><td><p>Beat</p></td><td><p>$283.50 mln</p></td><td><p>$249.39 mln (5 Analysts)</p></td></tr><tr><td><p>Q4 Adjusted EPS</p></td><td><p>Beat</p></td><td><p>$0.44</p></td><td><p>$0.41 (6 Analysts)</p></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$99.50 mln</p></td><td></td></tr><tr><td><p>Q4 Net Interest Income</p></td><td></td><td><p>$237.40 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nBw2Xcgxsa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eastern Bankshares beats Q4 profit estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEastern Bankshares beats Q4 profit estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-23 05:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Eastern Bankshares beats Q4 profit estimates</title></head><body><p><span>Overview</span></p><ul><li><p>Bank's Q4 revenue beat analyst expectations</p></li><li><p>Adjusted EPS for Q4 beat analyst expectations</p></li><li><p>Company repurchased 3.1 mln shares for $55.4 mln</p></li></ul><p><span>Outlook</span></p><ul><li><p>Eastern Bank is focused on merger integration and achieving cost savings</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>MERGER IMPACT - The merger with HarborOne added $4.5 bln in loans and $4.3 bln in deposits, significantly boosting overall loan and deposit figures</p></li><li><p>ORGANIC LOAN GROWTH - Excluding the merger, legacy Eastern loans grew $255 mln, driven by strong commercial lending</p></li><li><p>NONINTEREST INCOME - Increase driven by higher mortgage banking, card income, and investment advisory fees</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Revenue</p></td><td><p>Beat</p></td><td><p>$283.50 mln</p></td><td><p>$249.39 mln (5 Analysts)</p></td></tr><tr><td><p>Q4 Adjusted EPS</p></td><td><p>Beat</p></td><td><p>$0.44</p></td><td><p>$0.41 (6 Analysts)</p></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$99.50 mln</p></td><td></td></tr><tr><td><p>Q4 Net Interest Income</p></td><td></td><td><p>$237.40 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nBw2Xcgxsa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260122:nL1N3YN1A2:1","article_id":"2605417255","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605417255","pubTimestamp":1769117047,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Eastern Bankshares beats Q4profitestimatesOverviewBank's Q4 revenue beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased 3.1 mln shares for $55.4 mlnOutlookEastern","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","EBC":"Eastern Bankshares Inc"},"translate_title":"东方银行股第四季度利润超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EBC":0.9},"content_text":"Eastern Bankshares beats Q4 profit estimatesOverviewBank's Q4 revenue beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased 3.1 mln shares for $55.4 mlnOutlookEastern Bank is focused on merger integration and achieving cost savingsResult DriversMERGER IMPACT - The merger with HarborOne added $4.5 bln in loans and $4.3 bln in deposits, significantly boosting overall loan and deposit figuresORGANIC LOAN GROWTH - Excluding the merger, legacy Eastern loans grew $255 mln, driven by strong commercial lendingNONINTEREST INCOME - Increase driven by higher mortgage banking, card income, and investment advisory feesKey DetailsMetricBeat/MissActualConsensus EstimateQ4 RevenueBeat$283.50 mln$249.39 mln (5 Analysts)Q4 Adjusted EPSBeat$0.44$0.41 (6 Analysts)Q4 Net Income$99.50 mlnQ4 Net Interest Income$237.40 mlnPress Release: ID:nBw2XcgxsaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}