Eastern Bankshares, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
EBC$23.35+2.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Consolidated Balance Sheets
| (In thousands, except per share data) | September 30, 2025 | December 31, 2024 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $117,374 | $92,590 |
| Short-term investments | 293,036 | 914,290 |
| Cash and cash equivalents | 410,410 | 1,006,880 |
| Securities: | ||
| Available for sale (amortized cost $4,155,341 and $4,778,644, respectively) | 3,810,631 | 4,021,598 |
| Held to maturity (fair value $486,458 and $371,724, respectively) | 514,124 | 420,715 |
| Total securities | 4,324,755 | 4,442,313 |
| Loans held for sale | 708 | 372 |
| Loans | 18,828,649 | 18,079,084 |
| Allowance for loan losses | (233,038) | (228,952) |
| Unearned discounts and deferred fees, net | (262,933) | (300,730) |
| Net loans | 18,332,678 | 17,549,402 |
| Federal Home Loan Bank stock, at cost | 6,252 | 5,865 |
| Premises and equipment | 72,138 | 66,641 |
| Bank-owned life insurance | 207,284 | 204,704 |
| Goodwill and other intangibles, net | 1,026,736 | 1,050,158 |
| Deferred income taxes, net | 252,875 | 332,128 |
| Prepaid expenses | 227,073 | 231,944 |
| Other assets | 596,790 | 667,473 |
| Total assets | $25,457,699 | $25,557,880 |
| LIABILITIES AND EQUITY | ||
| Deposits: | ||
| Demand | $5,662,344 | $5,992,082 |
| Interest checking accounts | 4,240,679 | 4,606,250 |
| Savings accounts | 1,579,909 | 1,648,323 |
| Money market investment | 6,269,602 | 5,736,362 |
| Certificates of deposit | 3,364,814 | 3,336,323 |
| Total deposits | 21,117,348 | 21,319,340 |
| Borrowed funds: | ||
| Interest rate swap collateral funds | 13,941 | 48,590 |
| Federal Home Loan Bank advances | 25,882 | 17,589 |
| Total borrowed funds | 39,823 | 66,179 |
| Other liabilities | 495,003 | 560,394 |
| Total liabilities | 21,652,174 | 21,945,913 |
| Commitments and contingencies (see Note 10) | ||
| Shareholders’ equity | ||
| Common shares, $0.01 par value, 1,000,000,000 shares authorized, 211,516,105 and 213,909,472 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 2,115 | 2,141 |
| Additional paid in capital | 2,193,944 | 2,237,494 |
| Unallocated common shares held by the Employee Stock Ownership Plan | (124,039) | (127,842) |
| Retained earnings | 1,997,007 | 2,084,503 |
| Accumulated other comprehensive loss, net of tax | (263,502) | (584,329) |
| Total shareholders’ equity | 3,805,525 | 3,611,967 |
| Total liabilities and shareholders’ equity | $25,457,699 | $25,557,880 |
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