Eastern, the holding company for Eastern Bank, reported FY 2025 net income from continuing operations (GAAP) of USD 88.2 million, with basic EPS from continuing operations of USD 0.43. Net interest income rose to USD 828.6 million (+36.4%), driven by a 67 basis point increase in net interest margin to 3.51% and higher average interest-earning assets. Total revenue from continuing operations (GAAP) was USD 722.6 million, while noninterest income was a loss of USD 105.9 million, reflecting USD 269.6 million of losses on sales of available-for-sale securities. Noninterest expense increased to USD 596.9 million (+17.4%), including USD 34.2 million of intangible amortization. Eastern ended FY 2025 with total assets of USD 30.6 billion, loans (net of allowance) of USD 22.8 billion, and deposits of USD 25.5 billion. The company highlighted the completion of its HarborOne merger on November 1, 2025 (transaction value approximately USD 550.1 million), which added HarborOne’s branch footprint in Massachusetts and Rhode Island and contributed to higher loans and deposits; Eastern also noted growth in wealth management-related fees following the Cambridge merger.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-013126), on March 02, 2026, and is solely responsible for the information contained therein.