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Eastern Bankshares, Inc. (EBC) Q1 2026 Earnings Call Transcript


Q1: 2026-04-23 Earnings Summary

EPS of $0.40 misses by $0.04

 | Revenue of $295.90M (29.95% Y/Y) misses by $6.09M

Eastern Bankshares, Inc. (EBC) Q1 2026 Earnings Call April 24, 2026 9:00 AM EDT

Company Participants

Denis Sheahan – CEO & Director
R. Rosato – CFO & Treasurer

Conference Call Participants

Feddie Strickland – Hovde Group, LLC, Research Division
Justin Crowley – Piper Sandler & Co., Research Division
Jared David Shaw – Barclays Bank PLC, Research Division
Damon Del Monte – Keefe, Bruyette, & Woods, Inc., Research Division
Laura Havener Hunsicker – Seaport Research Partners
Matthew Breese – Stephens Inc., Research Division
Sun Young Lee – TD Cowen, Research Division

Presentation

Operator

Welcome to the Eastern Bankshares, Inc. First Quarter 2026 Earnings Conference Call. [Operator Instructions]. Please note that this event is being recorded for replay purposes. In connection with today’s call, the company posted a presentation on its Investor Relations website, investor.easternbank.com which will be referenced during the call.

Today’s call will include forward-looking statements. The company cautions investors that any forward-looking statement involves risks and uncertainties and is not a guarantee of future performance. Actual results may differ materially from those expressed or implied due to a variety of factors. These factors are described in the company’s earnings press release and most recent 10-K filed with the SEC. Any forward-looking statements made represent management’s views and estimates as of today, and the company undertakes no obligation to update these statements because of new information or future events. The company will also discuss both GAAP and certain non-GAAP financial measures. For reconciliations, please refer to the company’s earnings press release.

I’d now like to turn the call over to Denis Sheahan, Eastern Chief Executive Officer.

Denis Sheahan
CEO & Director

Thank you, Rob. Good morning, and thank you for joining our call. With me today on the call are Bob Rivers, Executive Chair and Chair of the Board of Directors; Quincy Miller, our President and Chief Operating Officer; and David Rosato, our Chief



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