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Eastern Bankshares (EBC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended June 2026, Eastern Bankshares, Inc. (EBC - Free Report) reported revenue of $309.5 million, up 26.4% over the same period last year. EPS came in at $0.49, compared to $0.41 in the year-ago quarter.
The reported revenue represents a surprise of +1.7% over the Zacks Consensus Estimate of $304.32 million. With the consensus EPS estimate being $0.46, the EPS surprise was +6.52%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Eastern Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio (GAAP): 54.3% versus the six-analyst average estimate of 53%.
Net interest margin (FTE): 3.7% versus 3.7% estimated by six analysts on average.
Average Balance - Total interest-earning assets: $28.3 billion versus the five-analyst average estimate of $28.39 billion.
Total non-performing assets: $109.4 million versus $137.7 million estimated by three analysts on average.
Total non-performing loans: $109.4 million versus the two-analyst average estimate of $137.7 million.
Net Interest Income: $251.9 million versus the six-analyst average estimate of $255.62 million.
Total Noninterest Income: $57.6 million compared to the $48.38 million average estimate based on six analysts.
Investment advisory fees: $19.7 million versus the five-analyst average estimate of $19.12 million.
Miscellaneous income and fees: $9.8 million compared to the $7.89 million average estimate based on four analysts.
Net Interest Income (FTE): $258.2 million versus $258.99 million estimated by four analysts on average.
Service charges on deposit accounts: $10 million versus $10.29 million estimated by four analysts on average.
Interest rate swap income: $2 million versus $1.09 million estimated by four analysts on average.
Shares of Eastern Bankshares have returned +5.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Eastern Bankshares (EBC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended June 2026, Eastern Bankshares, Inc. (EBC - Free Report) reported revenue of $309.5 million, up 26.4% over the same period last year. EPS came in at $0.49, compared to $0.41 in the year-ago quarter.
The reported revenue represents a surprise of +1.7% over the Zacks Consensus Estimate of $304.32 million. With the consensus EPS estimate being $0.46, the EPS surprise was +6.52%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Eastern Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Eastern Bankshares here>>>
Shares of Eastern Bankshares have returned +5.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.