Eastern Bankshares Q2 net income $100.2 million vs. Q1 loss of $217.7 million
Eastern Bankshares reported second-quarter 2025 net income of $100.2 million, or $0.50 per diluted share, compared with a first-quarter net loss of $217.7 million that included $269.6 million in pre-tax losses from investment portfolio repositioning. Operating net income rose 21% from the prior quarter to $81.7 million, and the board declared a $0.13 quarterly dividend, which shareholders should note for the September payment.
Key points
- Net income of $100.2 million, or $0.50 per diluted share, versus a net loss of $217.7 million, or $1.08 per share, in the first quarter of 2025
- Operating net income of $81.7 million, or $0.41 per diluted share, up from $67.5 million in the first quarter
- Net interest margin on a fully tax equivalent basis rose 21 basis points to 3.59%; period-end loans were $18.6 billion
- Quarterly cash dividend of $0.13 per share, payable September 15, 2025, to shareholders of record on September 3, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.