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Eastern Bankshares, Inc.

For the period ended Jun 30, 2026. Filed Aug 7, 2026.

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About this filing

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.

Jun 30, 2026 · Filed Aug 7, 2026

EBC$22.84+0.5%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark one)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

Or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number 001-39610

Eastern Bankshares, Inc.

(Exact name of the registrant as specified in its charter)

Massachusetts84-4199750
(State or Other Jurisdiction of Incorporation or Organization)(I.R.S. Employer Identification Number)
125 High Street, Boston, Massachusetts02110
(Address of principal executive offices)(Zip Code)

(800)327-8376

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of exchange on which registered
Common StockEBCNasdaq Global Select Market

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days. ☒Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ☒Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
(Do not check if a smaller reporting company)Emerging Growth Company☐

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Yes ☐ No

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐ Yes ☒ No

228,511,552 shares of the Registrant’s common stock, par value $0.01 per share, were outstanding as of July 31, 2026.

Index

PAGE
PART I. · FINANCIAL INFORMATION
Item 1. · Financial Statements
Unaudited Consolidated Balance Sheets4
Unaudited Consolidated Statements of Income (Loss)5
Unaudited Consolidated Statements of Comprehensive Income6
Unaudited Consolidated Statements of Changes in Shareholders’ Equity7
Unaudited Consolidated Statements of Cash Flows9
Notes to Unaudited Consolidated Financial Statements11
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations56
Item 3.Quantitative and Qualitative Disclosures about Market Risk91
Item 4.Controls and Procedures91
PART II.OTHER INFORMATION
Item 1.Legal Proceedings92
Item 1A.Risk Factors92
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds92
Item 3.Defaults Upon Senior Securities92
Item 4.Mine Safety Disclosures92
Item 5.Other Information92
Item 6.Exhibits93
EXHIBIT INDEX93
SIGNATURES94
Page
Part I Financial Information
Item I. Unaudited Consolidated Financial Statements
Unaudited Consolidated Balance Sheets as of June 30, 2026 and December 31, 20254
Unaudited Consolidated Statements of Income (Loss) for the three and six months ended June 30, 2026 and 20255
Unaudited Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2026 and 20256
Unaudited Consolidated Statements of Changes in Shareholders’ Equity for the three and six months ended June 30, 2026 and 20257
Unaudited Consolidated Statements of Cash Flows for the six months ended June 30, 2026 and 20259
Notes to the Unaudited Consolidated Financial Statements11
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.